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Spencer Soper

Recent and archived articles by Spencer Soper

13 Nov 2018 | 7:00 AM

Amazon chooses New York, Northern Virginia for HQ2, WSJ reports

Amazon.com Inc has selected New York City and Northern Virginia as the company’s second and third headquarters, the Wall Street Journal reported.

12 Nov 2018 | 7:00 PM

Amazon 'corporate welfare' criticised by New York politicians

Amazon.com Inc shouldn’t receive “massive corporate welfare” to invest in New York City and should instead use its resources to help solve public problems such as aging transportation systems, two lawmakers who represent the city said.

Amazon is in advanced discussions to split the second headquarters between Long Island City (pic) and the Washington DC suburb of Crystal City, Virginia. — AFP
7 Nov 2018 | 1:00 PM

Amazon said no to cactus, yes to data in hunt for new office

Amazon.com Inc’s 14-month search for a second headquarters is coming to an anti-climatic conclusion: The company is said to be picking at least two, smaller locations, and will likely use data from the hundreds of cities that applied to plan a longer-term, more incremental expansion.

A building in the Crystal City area of Arlington, Virginia that Amazon.com is reportedly considering as part of its new second headquarters. Amazon is planning to split its second headquarters evenly between two cities with the Crystal City area among the finalists with which Amazon is now holding advanced talks. — Reuters
6 Nov 2018 | 7:00 AM

Amazon is said near plan for HQ2 in New York, northern Virginia

Amazon.com Inc’s yearlong search for a second headquarters is nearing an end, people with knowledge of the matter said.

The Space Needle is reflected in an Amazon building in Seattle. The e-commerce giant is close to agreements that would split the new headquarters between two locales, said a source. — Seattle Times/TNS
5 Nov 2018 | 2:30 PM

Amazon exec rips ‘leaking’ to Bezos’ Post on headquarters

An economic development director at Amazon.com Inc isn’t happy about a Washington Post report that the e-commerce giant is in advanced talks with a Washington suburb about being the location for its second headquarters.

The search has prompted months of speculation about the most likely winner. Many experts have named the Washington area as a front-runner given Bezos’ ownership of the Post and the company’s stepped-up lobbying efforts. — Dreamstime/TNS
26 Oct 2018 | 9:30 AM

Amazon branded women’s apparel sales languish, report finds

Amazon.com Inc’s scatter-shot attempt to shake up women’s fashion by launching a barrage of private label brands isn’t going so well, according to a report by Jungle Scout, a data-research firm for merchants on the e-commerce website.

The report shows that Seattle-based Amazon’s apparel brands aren’t benefiting from consumers’ greater interest in buying clothing online. — AP
11 Oct 2018 | 3:50 PM

Amazon ponies up more money for warehouse workers after blowback

Amazon.com Inc is sweetening the pay for some of its long-time warehouse workers after employees criticised the loss of bonuses and stock awards as part of the company’s pledge to boost all wages to at least US$15 (RM62) an hour.

27 Sep 2018 | 3:30 PM

Amazon joins tech giants in backing US federal privacy safeguards

Facing growing pressure to protect their customers’ privacy, some of the biggest technology companies told Congress that they favour new federal consumer safeguards but diverged on some of the details.

Cali testified alongside representatives from Alphabet Inc’s Google, Twitter Inc and Apple Inc at a hearing of the US Senate Commerce Committee that is assessing the need for new consumer protections. — AFP
25 Sep 2018 | 1:04 PM

Snapchat teams up with Amazon to offer image-based shopping

Snapchat is teaming up with Amazon.com Inc to let users of its social-media app buy products based on what they see through their smartphone’s camera lenses.

The visual search function will allow Snapchat users to point its camera at an item or barcode and buy it from Amazon. — Reuters
20 Sep 2018 | 2:30 PM

Amazon will consider opening up to 3,000 cashierless stores by 2021

Amazon.com Inc is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, according to sources, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc, quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.

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