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Amazon workers strike amid unfair treatment claims

Amazon workers at seven U.S. sites strike for better treatment amid holiday rush; minimal impact anticipated.

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Workers at seven U.S. Amazon facilities staged a walkout on Thursday during the holiday shopping season, protesting alleged unfair treatment.

The strike, described by Teamsters officials as the largest against Amazon, occurred in cities such as New York, Atlanta, and San Francisco. However, it is not expected to significantly impact Amazon’s vast shipping operations.

As the second-largest private employer globally, Amazon has faced criticism from unions for prioritising speed and efficiency, which they claim contributes to workplace injuries.

The company maintains that it offers competitive wages and has implemented automation to alleviate repetitive stress on workers.

Despite the protests, Amazon’s shares rose by 1.8% on Thursday afternoon.

Amazon’s workforce

Workers involved in the strike are urging Amazon to engage in negotiations, citing concerns over health issues related to demanding job requirements.

However, this walkout represents only a small fraction of Amazon’s workforce of over 800,000 employees at more than 600 U.S. facilities.

One of the strikers, Jordan Soreff, expressed that Amazon operates under a rigorous quota system that pressures employees to exceed their limits.

Soreff, along with about 100 others, protested outside an Amazon location in Queens, but the facility remained operational, with other drivers continuing their work.

An Amazon spokesperson accused the Teamsters of misleading the public and coercing employees and contractors to join the strike.

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Bitcoin rally raises sustainability fears

Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.

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Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.


Bitcoin has surged past $124,000, adding more than $1,300 in just 24 hours, one of its strongest rallies this quarter.

But analysts warn the momentum could be fading, as on-chain data shows network activity weakening despite rising prices.

#bitcoin #money #bitcoinsurge #tickernews


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New Ticker TV show The Connector launches to bridge Australia-UK

Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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In Short:
– Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK opportunities through dialogue.
– It comes as Prime Minister Albanese promotes strong ties with London, emphasising cultural and economic connections between the nations.
Ticker Studios launches The Connector, hosted by Belinda Coates, facilitating Australia-UK opportunities through dialogue.
The new show highlights leaders and ideas enhancing connections between the two nations during a pivotal period.It comes as Prime Minister Anthony Albanese’s efforts to strengthen ties with London underline the partnership’s commercial and cultural importance. With 1.1 million UK-born residents in Australia and A$4.2 trillion in superannuation funds invested in UK infrastructure, these connections grow increasingly vital.

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Belinda Coates brings extensive experience in executive and advisory roles across various sectors. She is driven to reshape industries and create opportunities on both sides of the world.

Ahron Young, CEO of Ticker Studios, stated that now is the ideal time to highlight the talent and capital flowing between Australia and the UK. The Connector aims to spotlight innovators and changemakers bridging industries and borders.

“With so much talent and capital flowing between Australia and the UK, this is exactly the right time to tell these stories. The Connector will spotlight the innovators, leaders, and change-makers building bridges across industries and borders.”

Focus on people

Coates explained the programme’s focus on people, showcasing visionaries shaping the future and exploring collaboration’s role in generating opportunities. The show aims to inspire with stories highlighting resilience, growth, and ambition.

“This show isn’t about dry trade figures or policy—it’s about people. We’ll showcase the visionaries shaping the future in both countries, explore how collaboration sparks opportunity, and inspire audiences with stories of resilience, growth, and shared ambition.”

The Connector will debut on Ticker’s global streaming network this month, with new episodes released weekly. It will feature guest experts from various sectors, addressing relevant topics like housing affordability and building stock revitalisation.


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Big tech’s influence on copyright threatens Australian creators

Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai

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Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai


News Corp Australasia’s executive chairman, Michael Miller warns that the ambition of AI companies to exploit data without fair compensation may undermine the rights of journalists and artists.

The approach of major tech companies during the digital revolution could resurface, threatening Australian media and content creators if copyright laws are eased.

 


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