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It’s Amazon Prime Day – We’ve got you covered!

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It’s the biggest day of Amazon’s calendar. Well, two days. Amazon Prime Day promises millions of bargains. But in the aftermath of the pandemic, a new challenge could cause delays for customers.

June 21 and 22 this year will be a big event for customers of Amazon around the world. And an important day for Amazon’s retailers and the retail giant itself.

As we browse Amazon’s website, searching for bargains, it might be a good idea to think about how long it’s going to take for our goodies to actually reach us. Because Amazon is facing a global shipping delay.

COVID has caused a global shipping crisis.
COVID has caused a global shipping crisis.

COVID has caused a shipping crisis

Among all the things we’ve had to worry about this pandemic, we thought we’d be safe from a major logistics challenge. Stuck at home, millions of us have given up on traditional retail stores, and instead gone online for our daily needs.

Amazon is the world’s largest retailer. And it’s determined to enter even further into our lives.

Prime Day is Amazon's chance to sign us up.
Prime Day is Amazon’s chance to sign us up.

Amazon Prime Day is the yearly event the company uses to get us all signed up to Amazon Prime accounts, promising faster shipping and even a video catalog.

For Amazon, it’s all about the ecosystem. Come for the cheap prices, stay for the video library. So much so the company just spent billions acquiring movie studio MGM, to win the lions share of Hollywood’s glamorous history.

Breaking the Prime deal

The problem for Amazon this year is that we are now very much aware that there’s a shipping delay. Remember how fast things used to arrive? Now you’ve got to add weeks to your delivery expectations.

And for many Prime customers, that’s a break with their contract with Amazon. We give you our money, you deliver quickly.


Still, for those willing to wait, there are millions of bargains to be found, or so we’re told.

Bargains galore in 2021

Prime Day ends (Amazon Prime trial link). 

Amazon Prime Day 2021 – Live Amazon Device Deals

  • Echo (4th Gen) | With premium sound, smart home hub, and Alexa | Twilight Blue – $74.99 (save $25) – Shop deal now
  • Echo Show 8 Sandstone with Amazon Smart Plug – Shop deal now
  • Echo Show 5 (1st Gen, 2019 release) – $44.99 (save $35) – Shop deal now
  • Fire HD 10 Tablet 10.1-inch 1080p full HD display, 64 G

Business

Big tech stocks tumble amid market uncertainty

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Big tech companies are struggling in the markets this quarter as interest rates rise to battle inflation

Russia’s invasion of Ukraine has devalued tech stocks causing further supply chain disruptions and sending the broad S&P 500 index down about 5 per cent.

Rising interest rates triggered more severe plummets with the S&P dropping another 16 per cent and the Nasdaq Composite index by 22 per cent.

Tesla’s stock took a huge hit sinking to nearly 38 per cent its largest decline since 2010.

Amazon saw similar results falling by 35 per cent the most in over 20 years.

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Business

Google to pay millions to app developers

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App developers are accusing Google of tempting users into making in-app purchases.

The lawsuit relates to money that was made by app creators for Android smartphones.

The lawsuit was filed in a San Francisco court, where the 48,000 app developers are believed to have been affected.

“Following our win against Apple for similar conduct, we think this pair of settlements sends a strong message to big tech: the law is watching, and even the most powerful companies in the world are accountable when they stifle competition.”

Steve Berman, ATTORNEY FOR the Android developers.

Google says the settlement’s funds will support developers who have made less than USD $2 million in revenue between 2016 and 2021.

“A vast majority of U.S. developers who earned revenue through Google Play will be eligible to receive money from this fund, if they choose,” the company says.

Google says it will charge developers a 15 per cent commission on their first million in revenue.

The court is yet to approve the proposed settlement.

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Business

Tesla deliveries expected to fall – here’s why

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Tesla deliveries are expected to drop significantly in the second quarter, as prolonged Covid lockdowns in China and supply chain issues take their toll

The company is also struggling to ramp up its new factories, with Tesla boss Elon Musk seemingly distracted by his very public pursuit of Twitter.

Tesla has been plagued by production glitches in China and slow output growth at new factories in both Texas and Berlin.

Experts predict deliveries will slump to just over 295,000 vehicles for the second quarter.

This would be down from the company’s record of 310,000 in the preceding quarter, marking Tesla’s first quarter-on-quarter decline since 2020.

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