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1 year agoThe idea that Amazon subsidises book prices or generally sells everything at a loss is based on a flawed understanding of the early years of Amazon.
The idea that Amazon subsidises book prices or generally sells everything at a loss is based on a flawed understanding of the early years of Amazon.
That hasn’t been true for more than a decade. (Why be in a business you can’t make money on?) Amazon have, for a long time, invested more or less all their profits into new business lines on the promise that they could easily “flip a switch” and start making billions in profits. (They started doing that a few years ago after bad financial results.)
XMPP wouldn’t be around even if Google never interacted with it. It died because that category of product died.
Sure, but ”They built a very successful business and uses that to squeeze publishers“ is a very different explanation than “Amazon sells books at a loss”.