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Tag Archives: Amazon

Amazon to Move Into Health Sector

Amazon recently decided to enter the health industry, despite some misgivings.

CEO of Walgreens Stefano Pessina believes the health sector is too complicated to be a good market for Amazon.

Amazon has “opportunities around the world and in other categories, which are much, much simpler than health care, which is a very regulated business,” he said.

However, other industry leaders disagree. Former Amazon director Curtis Kopf now works at Premera Blue Cross as senior vice president, and thinks the move is plausible. Having been involved in some of Amazon’s previous projects, such as digitizing every book every printed, have demonstrated to Kopf that seemingly impossible tasks often bear fruit.

“At this point, I don’t think there’s anything they would be afraid to do,” Kopf said in an interview, referring to Amazon’s latest move. “”Every industry has thought that Amazon wouldn’t disrupt them,” he pointed out.

Aaron Martin, also a former Amazonian, has also shifted into health at Providence St. Joseph Health. He still has ties with Amazon, and has confirmed that a large portion of his current team used to work for the company. Martin thinks Amazon’s expansion into health is quite strategic.

“At Amazon, we learned to pick our battles and didn’t look at anything that was less than $500 million,” said Martin. “Meanwhile, health care is a fifth of the economy,” he said. “Amazon could build the compliant infrastructure but let entrepreneurs come in and do the heavy lift.”

Pirated CDs Hurting Music Business

Even today, when most music is purchased and listened to digitally, there are still many people that take their music in hard copy, on an old-fashioned compact disc, or CD. These small metal discs, laser-etched with beautiful sounds for the customers’ listening pleasure, go for about $10 each. When created, and sold by legitimate companies,… Continue Reading

Amazon Expands One-Hour Delivery Service

Moving another step closer to fulfilling the dreams of the “Now” generation, Amazon announced last week that it will be able to deliver orders within one hour in two new locations. Although some might argue that one hour is technically not “Now,” it certainly comes pretty close, considering the fact that most orders on Amazon… Continue Reading

Overstock.com CEO on Bitcoin Payments

Bitcoin is likely to experience a burst now that online retailer Overstock.com accepts the payment method. In fact, many speculate that Amazon may soon follow suit. According to Overstock.com CEO Patrick Byrne, the company saw Bitcoin  orders worth $130K on the first day alone. Byrne discussed the new development in an interview with CNN International:… Continue Reading

5 Tried-and-True Tips from Amazon Founder Jeff Bezos

Jeff Bezos, the founder of Amazon, has shared numerous tips throughout the two decades of his business. What originally began as an online bookstore has become an entrepreneurial empire thanks to hard work, creative ideas, and high standards. John Greathouse, a contributor to Forbes Magazine, listed 5 success tips from Bezos: Establish a High Hiring… Continue Reading

Google Releases Nexus 7

The tablet marketplace just got a little more crowded as Google releases its own, modestly priced, eReader-type product called the Nexus 7. Unveiled at Google’s I/O developers’ conference in San Francisco on Wednesday, the seven-inch tablet was designed by Google engineers but is actually manufactured by Asus in Taiwan. The new product will be priced… Continue Reading