Enterprise
Jeff Bezos says Amazon should treat its workers in a better way
His final letter to shareholders before stepping down as CEO
Amazon CEO Jeff Bezos used his final letter to Amazon shareholders to focus on employee well-being and its significant carbon footprint. The transition is closely watched by everyone as the legendary co-founder hands over the reigns to Andy Jassy.
The e-commerce giant has always been customer-centric, which was the prime reason it was able to garner trust and support. Now, Bezos thinks it time to put the company’s workforce on priority.
Jassy, the former head of Amazon Web Services, is taking over the top job so that Bezos can step back from day-to-day responsibilities. It’ll now be his responsibility to ensure Amazon continues its growth trajectory and sustains the pandemic-induced boom.
It’s currently hounded by regulators, labor unions, and activists around the world. There are multiple allegations — unfair treatment of warehouse workers, stifling competition, discouraging unionization, and shortchanged partners. It’s a long list, and the pressure keeps mounting as the company’s stock increases in value.
Bezos also talked about creating wealth for shareholders, the fact that climate change is real, the recent warehouse union vote in Bessemer, Alabama, US. Among his proposals are new staffing rotations to reduce physical stress at warehouses. He said that 40 percent of Amazon’s work-related injuries are musculoskeletal disorders (MSDs), such as strains and sprains from repetitive motions. These injuries tend to occur in the first six months of an employee’s tenure.
The founder also touted the company’s decision to increase Amazon’s minimum wage to US$ 15 per hour, a rate that labor groups have been advocating for the longest of time.
When it comes to workers who can’t consistently meet the company’s expectations, he says Amazon provides coaching to them, with 82 percent of it being “positive.” He also added that less than 2.6 percent of the staff was fired for not meeting the job expectations.
Amazon is also trying to cut down its carbon emissions and has pledged to have 100,000 electric delivery vans by 2030. Bezos has personally committed US$ 10 billion in grants for climate-oriented companies and organizations.
Read Also: Everything you need to know about the congressional big tech hearing
Did you know that it’s been almost 15 years since Tim Cook took the reins of Apple? The brand’s stalwart fans can definitely thank Cook for Apple’s impressive success today. That said, nothing lasts forever, especially as one reaches the age of 65. Tim Cook, after bringing Apple to almost US$ 4 trillion in valuation, might soon step down as the company’s CEO.
When he took over as CEO, Cook had the unfortunate challenge of following Steve Jobs. But, as we can see now, the CEO was more than up for the task, leading the company to new heights. Cook, however, will soon enter his twilight years. This November, the CEO turns 65. Cook’s retirement now becomes a question of “when” and “who’s next.”
According to Bloomberg’s Mark Gurman, the transition might come soon. A few of the company’s executives have started to leave the company. This year, COO Jeff Williams stepped down and will soon leave the company. Importantly, Williams was once seen as next in line for the throne.
Others are expected to follow Williams, eventually leading to Cook’s own retirement. Cook’s 65th birthday isn’t a sure deadline, but the talks should start. When Cook does retire from his CEO duties, it’s expected that he’ll transition instead into a new role as chairman, similar to Amazon’s Jeff Bezos.
Gurman also notes that the current heir, after Williams’s departure, is now the company’s hardware engineering boss, John Ternus. Importantly, this means that Apple might finally enter a new era outside of smartphones. As popular as the iPhone is, the company has struggled entering new facets of technology, including the middling Vision Pro. Ternus, as opposed to a more business-oriented leader, might steer Apple into those new frontiers.
SEE ALSO: Apple iPhone Air Review
It didn’t take long for Nothing to establish itself in the smartphone industry. The brand even felt confident to launch a more affordable sub-brand called CMF by Nothing. Now, Nothing is ready to let its baby boy grow up. CMF by Nothing is branching off into its own independent brand soon.
As reported by TechCrunch, Nothing has confirmed that CMF will become an independent subsidiary soon. The brand is partnering with an Indian company called Optiemus to establish a headquarters for manufacturing and research in India.
The choice of market isn’t surprising. Compared to the original brand, CMF by Nothing caters more to the budget-conscious crowd while upholding Nothing’s penchant for quirky designs. The affordable segment continues to be a big hit in India. Nothing, as a brand, is also popular in the country.
It’s an impressive story for CMF. The small brand started only around two years ago in 2023. Since then, it launched earbuds, smartwatches, and smartphones — all of which appeal to the budget-conscious. By branching off on its own, the brand has a chance to establish its own identity apart from its parent company.
Though CMF’s independence is certainly a quick one, the phenomenon isn’t uncommon. Various companies have also done the same with their own sub-brands. For example, HONOR, POCO, and realme have spun off from Huawei, Xiaomi, and OPPO, respectively.
SEE ALSO: CMF Phone 2 Pro review: Only a small step from its predecessor
Enterprise
DITO wants you to stop worrying about data, WiFi, and dropped calls
Here’s how DITO is changing the way we connect
DITO Telecommunity is pushing forward with a bold message: fast, reliable, and accessible connectivity should already be the norm.
At its recent Kaya DITO campaign launch in BGC, the country’s fastest-growing telco showed how its ecosystem of services is built to meet the digital aspirations of every Filipino.
Prepaid that doesn’t waste your data
DITO’s Level-Up Packs were designed to take the stress out of prepaid.
With ViLTE tech, subscribers get unlimited HD video calls between DITO users, plus unli mobile calls, bundled Viber, Prime Video, and flexible data that lasts longer.
Postpaid that actually makes sense
With DITO FlexPlan 888, postpaid is made practical. For less than a thousand pesos a month, subscribers can choose SIM-only or device-bundled plans with generous data inclusions.
It proves that having a premium postpaid experience doesn’t have to break the bank.
WiFi that keeps the whole household connected
DITO WoWFi Pro 365 makes home internet simple. Think of it as a worry-free, year-long unlimited connection with no complicated installations and constant top-ups.
Just reliable WiFi for work, study, and streaming when you need it.
Everything you need in one app
The DITO App is one of the most complete telco apps available, giving subscribers full control of their digital life.
From buying SIMs and load to managing accounts, rewards, and even OTT apps, the experience is built around convenience. Add 24/7 support and exclusive perks, and the app becomes a one-stop hub for all things DITO.
True 5G built differently
Unlike other networks built on old systems, DITO made the call early to go all-in on 5G Standalone.
That means faster speeds, lower latency, and a network that can keep up with how Filipinos live today.
Opensignal has already recognized DITO as the Philippines’ fastest network, proving that the foundation they built is paying off.
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