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IPFS News Link • Business/ Commerce

Amazon's Bid To Become Big Brother

• https://www.zerohedge.com by Andrew Moran

It is 1994. It costs $3 per hour to access dialup internet, consumers are using 3.5-inch floppy disks, Mosaic is the web browser it-girl for a split second, and every teenager has gone emo listening to Nirvana. Oh, what a time to be alive. This was also the year that Amazon and Yahoo! opened their web portal doors. But only one of these soon-to-be technology titans would flourish during the onslaught of bubbles and recessions and thrive no matter how the economy performs.

When Jeff Bezos founded Amazon 25 years ago, he decided he was going to change the world and become a billionaire in the process. Suffice it to say, Bezos and Co. transformed our day-to-day living, from the way we shop to jubilantly welcoming a digital spy into our homes. Amazon has become its own ecosystem – and it is just getting started.


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