Amazon Alexa is a “colossal failure,” on pace to lose $10 billion this year

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[–]peety 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (6 children)

Too big to fail, your tax dollars will bail out alexa

[–]noshore4me 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (5 children)

Amazon brings in over $700 billion annually. What makes you think they would need a taxpayer bail out over this?

[–]peety 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

why would they need subsidies from the US postal service? joo greed is behind all that's wrong in this world.

https://www.businessinsider.com/amazon-usps-rural-packages-deliveries-2020-5

[–]noshore4me 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

From your article: "Amazon is a big enough chunk of USPS revenues that, if USPS lost it, it would materially reduce their revenues without materially reducing their fixed costs"

So, the USPS is deliberately going with a lower rate to prevent Amazon from using UPS as their primary delivery partner. It's not a governmental subsidy, it's the USPS taking a small loss per package to prevent losing the whole business.

[–]peety 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

admittedly, i picked the first article out of my ass. critique these:

https://www.forbes.com/sites/richardmcgahey/2020/12/17/amazon-gets-billions-while-state-and-local-government-budgets-collapse/

https://www.investigativepost.org/2022/02/09/amazon-subsidies-4-7-billion-and-counting/

my loose point from my first comment, is that the payoff's/bribes/lobbying from amazon is just another way big businesses rape our taxpayers dollars from us. joo greed is behind nearly all the problems in the world. thank you for the reply.

[–]peety 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

another reason to hate joos: https://newrepublic.com/article/146540/amazon-thriving-thanks-taxpayer-dollars

https://publicservices.international/resources/publications/amazon-the-worlds-largest-company-is-subsidised-by-you?id=13058&lang=en

do your own research.

[–]noshore4me 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The USPS doesn't receive tax dollars to operate, it is solely funded by stamps and package fees. So I don't think it fits in this specific instance. Source: https://www.brookings.edu/blog/up-front/2020/08/26/how-is-the-u-s-postal-service-governed-and-funded/