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    Glenn7
    Weekend stuff: USB humidifier
    1 comment 2 comments Vitaliy_KiselevNovember 16Last reply - November 17 by Glenn7 Subscribe to this blog
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    Vitaliy_Kiselev
    US: Democracy and invasion in Venezuela
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      Foreign Affairs

      Precision bombing is very good for democracy.

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    Vitaliy_Kiselev
    Warning: Amazon ripping you off
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      Toys and many similar recommendations and guides on Amazon are not made by some experts, they are being made by private auctions and agreements and filled by leading corporations.

      Amazon sells Holiday Toy List sponsorships for as much as $2m (£1.6m), according to documents reviewed by Bloomberg. The more sponsors pay, the more products they can nominate to be on the list and the more prominently their own products will be featured on the popular website. Amazon aimed to sell at least $20m in sponsorships for this year’s list, the documents show. Amazon also published a summer toy list with lower sponsorship prices.

      For smaller sellers and manufacturers it is now usual to buy reviews, it is big industry around it.

      Also note that bestsellers in category is also not simply list sorted by number of cameras/other products that had been sold, instead it is complex algorithm based mostly on potential and current profits from product and manufacturers payments.

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    Vitaliy_Kiselev
    Capitalism: Adidas will close both robotic factories
    • Production at the two Speedfactories in Ansbach, Germany, and Atlanta, USA, will be discontinued by April 2020 at the latest. In the future, Adidas will concentrate its resources and capacities even more on modernizing its other suppliers and using 4D technology in footwear production.

      Starting at the end of this year, Adidas will use its Speedfactory technologies to produce athletic footwear at two of its suppliers in Asia

      To make it simple - hiring people for very small money and use 12 hours work day (using some simple tricks) is much more profitable. Some of robots will be used in Asian factories, but robotics factories will be gone.

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    Vitaliy_Kiselev
    Capitalism: Intel efficient managers and processor recall
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      Recall of boxed CPU due to "smart" decision to cut cooler cost by another $1 (rumors are that by $0.7) by removing small copper insert.

      Intel already optimized stock coolers for a while, increasing fan maximal speed and cutting metal amount and reducing copper insert.

      Total savings can reach $2-2.5 (while Intel profit on this Xeon can reach 80% of the retail price).

      Around 90% of such savings go to bonuses and premiums of top and middle management.

      image

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    Vitaliy_Kiselev
    B&H did not pay some taxes, may be
    • In this action, the State sues to recover unpaid taxes from B&H Foto & Electronics Corp. (“B&H” or “Defendant”), which, since 2006, has intentionally underpaid sales tax on millions of dollars in receipts from its sales of cameras and other consumer electronics.

      B&H is the largest non-chain photo and video equipment retailer in the United States, with more than $3 billion in sales in 2018. Its large retail store in New York City sells cameras and other electronics to shoppers from around the globe.

      B&H proclaims itself to be “a proud, family owned business” that is “built on the pillars of honesty and treating people right” and which puts “principles over profits.” But when it comes to collecting and paying New York state and local sales taxes, B&H has been anything but honest and principled.

      For thirteen years, B&H has cheated on New York State sales taxes. During that time, B&H has routinely passed manufacturer (or “vendor”) discounts through to its customers as part of “instant rebate” sales promotion programs offered by manufacturers. Under these arrangements, the manufacturer reimburses B&H for selling advertised products at discounts during periods of time set by the manufacturer. In violation of long-established tax law, B&H never paid tax on these reimbursements.

      B&H knew that it should have been paying the tax. B&H has repeatedly and explicitly acknowledged—internally, to outside vendors, and to a competitor—that under New York tax law, it owed sales tax on these reimbursements

      https://ag.ny.gov/sites/default/files/2019.11.14_nyag_v.bh-_summons_complaint.pdf

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