Like the billions in public money destined for Amazon's benefit and that of the world's richest man, it's all perfectly legal.
The two employees decided to the buy units just before the first press reports surfaced that Amazon was likely to choose Long Island City for its new headquarters, Mr. Aguayo said. The buyers now live in New Jersey and Queens, he added.
While employees aren’t permitted to buy and sell stocks based on nonpublic information, several real estate lawyers said they were aware of no such prohibition for real-estate transactions.
The WSJ reports no "reliable figures" on sales in the area since Amazon's announcement (and immediately before it, evidently) but it's explosive. One brokerage says it sold 150 condos in the last four days, 15 times its normal volume.
After taking over Whole Foods, Amazon is now launching a new, more mainstream chain of grocery stores, according to Business Insider. And it makes me wonder why, when they haven’t yet mastered the managing of Whole Foods. At least not when it comes to keeping their markets stocked. In fact, it’s incredible how consistently empty […]
Seattle's immensely popular business tax was designed to do something about the city's epidemic of desperate homelessness, but then Amazon threw its muscle around to get the tax canceled, mostly by threatening not to occupy its new offices in Ranier Square, a 30-story building currently under construction that Amazon was to be sole tenant of, […]
Researchers from Dojo/Bullguard investigated the security model of the Ring smart doorbell -- made by Amazon -- and discovered that the video was sent "in the clear" (without encryption) meaning that people on the same network as the doorbell, or on the same network as one of its owners, can easily tap into its feeds.
Despite government legislation and improving caller ID technology, robocalls and scam artists are rampant on the phone lines – up to 35 billion a year in the US alone. They can be annoying at best and a financial threat at worst, but there’s a way to take security into your own hands. One good example […]
If you’re a Mac user, you thrive on simplicity. Everything in its place and a place for everything. Unsurprisingly, there’s a ton of great organizational apps out there for Mac, and now someone’s had the great idea to bundle them all together. Whether you’re running a demanding business or just getting through the day to […]
Seems like drones are doing a lot of jobs these days, from reconnaissance to delivery. Now, we can add “keeping the Death Star safe” to that list. Whether you’re a drone enthusiast or a Star Wars fan, these Star Wars Propel Drones are undeniably the coolest toy around. Yes, that’s a fully functional drone replica […]