It’s Cyber Monday. What deals are out there?
One of the largest shopping days of the year has arrived, and online retailers that include Amazon, Best Buy and Wal-Mart are offering multiple sales on their websites.
Online publication Wired has compiled a list of the best Cyber Monday deals.
Statesman reporter Gary Dinges also wrote about the five things you should know before you start your online shopping today.
This year’s Black Friday figures again showed that shoppers are increasingly moving to online deals
The Wall Street Journal reported that the number of shoppers visiting U.S. stores on Thanksgiving Day and Black Friday (the day after Thanksgiving) dropped 4 percent when compared to last year, while the number of online shoppers increased 18 percent during the same period.
The figures highlight the trend from recent years of shoppers increasingly moving to online buying as legacy brick and mortar stores such as Wal-Mart battle online companies such as Amazon.
Jeff Bezos is now worth more than $100 billion
The Amazon CEO reached the figure after expectations of strong Black Friday sales boosted the company’s stock.
Bezos, who in October surpassed Microsoft co-founder Bill Gates as the world’s richest person, became the first person since Gates in 1999 to reach the $100-billion valuation.
With no signs of Amazon slowing down, it’s likely Bezos will remain at the top for some time.
Amazon’s success is partly fueled by the company’s recruitment of Indian merchants
A New York Times story published on Sunday shows that Amazon is heavily benefiting from its recruitment of Indian merchants. Since Amazon began recruitment efforts two years ago, at least 27,000 sellers from India have signed up on Amazon.
“The result is lower prices for consumers because selling foreign goods through the e-commerce giant cuts out some of the usual costs of a traditional importer,” the Times writes. “But it is also beneficial to Amazon, which gets to add to its enormous product lineup and charge sellers hefty fees.”
Pokémon Go caused millions in damage in a short period
A new report by researchers at Purdue University studied the effects of augmented smartphone game Pokémon Go in Tippecanoe County, Indiana during the first 148 days after the smartphone game was released in July 2016.
The report found that Pokémon Go caused between $5.2 million and $25.5 million from damage, injury and two lives lost during that period. If estimating the nationwide figure based off the numbers from Tippecanoe County, the report says the cost would be from $2 billion to $7.3 billion during the same period.
Some Pokémon Go users have been critical of the game since it launched because of its potential safety risks. While Pokémon Go users are supposed to walk around to play the game, some have driven in their cars while playing in order to reach their augmented destinations sooner, causing issues such as those cited in this report.
News on Open Source is free and unlimited. Access to the rest of 512tech.com comes with an American-Statesman digital subscription, which also includes myStatesman.com and the ePaper edition. Subscribe at statesman.com/subscribe.