Founder & CEO of Aspeza Technologies. Software Engineer. Loves science,technology & nature. Favorite quote - Create the future you wish to see. โค USA ๐บ๐ธ
@mcuban@danprimack@mcuban If you were running for President ( I hope you do) what would your position be on the rapid expansion of data centers across the country? I understand, where it is built is at state/ local level, but a President can set the national tone & influence policy.
Amazon just got caught running a secret price manipulation operation with Levi's, Home Depot, Walmart, and many more.
Every time you "comparison shopped" online, you were looking at prices that were already rigged.
Here's what happened:
Amazon would monitor prices on Walmart, Target, Best Buy, Home Depot, and Chewy in real time. The second a competitor listed a product cheaper than Amazon, they'd contact the brand directly and tell them to "fix it."
And the exact emails are now PUBLIC.
Amazon sent Levi's links to two Walmart listings with the subject line "styles of concern." They basically said the prices on Walmart are too low and we have a problem.
The next day, Levi's responded: "I talked to Walmart and they have partnered with us to take Easy Khaki Classic fit back up to ladder SPP price, $29.99 immediately."
Levi's literally called Walmart and told them to raise the price. Because Amazon told Levi's to make the call.
Walmart complied. Then Amazon matched the HIGHER price.
Both retailers ended up charging more. The customer paid extra. Nobody competed.
Same playbook with Hanes:
Amazon sent them links showing Target and Walmart prices were lower. Hanes confirmed they "reached out to Target and Walmart to have the prices increased."
Target increased the prices. Walmart increased the prices. Amazon kept their margins.
But it gets even worse...
Amazon told Allergan (the company that makes eye drops) that their product was "suppressed" on Amazon because it was cheaper on another site.
Allergan responded: "Walmart got their price back up to $16.99." Amazon then unsuppressed the listing.
They did this with pet treats on Chewy. Furniture on Home Depot. Products across dozens of categories spanning YEARS.
The mechanism is simple but terrifying:
If you're a brand and you sell cheaper on Walmart than on Amazon, Amazon suppresses your product, removes you from the Buy Box, buries you in search results, and effectively makes you invisible to 300 million customers.
Brands can't afford that. So they call Walmart and Target and say "raise your prices or we'll lose our Amazon listings."
Walmart and Target comply because they need the brand's products.
Amazon captures 40 cents of every dollar spent online in America. That gives them the leverage to set prices across THE ENTIRE internet. Not just their own platform.
So turns out, you were never comparison shopping.
You were looking at a coordinated price floor set by Amazon through backroom phone calls between brands and their competitors.
"Amazon is working to make your life more unaffordable."
3 separate antitrust trials are now scheduled for 2027. The FTC has its own case. 18 states plus the DOJ are piling on.
This is literally happening during the WORST affordability crisis in a generation. Groceries up 25% since 2020. Housing unaffordable. Wages flat.
And the largest ecommerce company on Earth has been secretly coordinating with brands to make sure you can't find a cheaper price ANYWHERE.
"Competition" in retail is just a fantasy.
@mcuban The hospital does not rely only on the monthly member pool. The hospital should also earn from:
Medicare/Medicaid reimbursement
commercial insurance billing
surgery bundles
imaging and specialty services
philanthropy and local government partnerships
@mcuban@mcuban What do you think of the idea- citizen-owned cooperative hospital network, where
Residents buy into the system through monthly contributions. That gives them:
- voting rights on governance
- transparency into finances
- access to member pricing
- annual dividends l
@mcuban members get:
free primary care
free preventive care
free basic labs and telehealth
low-cost urgent care
heavily reduced hospital rates
capped out-of-pocket costs for major events
@unusual_whales@KirasEpicTrades This is both good and bad. Good: no more minimum PDT requirement. Bad: brokers can now enforce their own intraday risk rules, so there may be less consistency across platforms.
@Malone_Wealth The number of times it stopped trading (for about 5-7mins every 30mins or so on Monday) and gaps when it opens was crazy. This affects algo-trading heavily.
On the CA fires, and ***REBUILDING***
I'm not a Blue Check but hopefully this post will be amplified by others with more reach.
The screenshots I'm sharing are from a former boss and friend of mine whose home was lost to a fire a few years ago.
He's giving great advice:
NVIDIA Corporation is currently involved in a securities fraud lawsuit alleging that the company misled investors about the extent of its revenue derived from the cryptocurrency industry between May 2017 and July 2018.โโ โโThe plaintiffs claim that NVIDIA underreported over $1.1 billion in revenue during this period, leading to an inflated stock price and subsequent financial losses for investors when the true figures were revealed.โโ โโThe U.S. Supreme Court has agreed to hear NVIDIA's appeal to dismiss this class-action lawsuit.
Iโve watched my parents and my friends have their lives upended by having to make ends meet when caring for their parents. So, when @KamalaHarris proposed expanding Medicare to cover in-home care, I felt it was a game changer.
BREAKING: In a stunning announcement, after distancing himself from Project 2025, Donald Trump announced he will appoint Tom Homan (Project 2025โs author) on day 1. Retweet to make sure all Americans see this and know Donald Trump is Project 2025
"This is #America, and we put country before party." Al Gore.
In the 2000 #Bush v. #Gore decision, five of the nine U.S. Supreme Court justices who had been appointed by Republican presidents, ruled in favor of stopping the recount, and effectively declared the republican nominee Pres. George Bush as President.
After the U.S. Supreme Court ruled against him in the case of Bush v. Gore, on December 12, 2000, Al Gore delivered a concession speech. In his address, he emphasized unity and respect for the decision, despite his personal disappointment. Gore acknowledged the courtโs ruling and encouraged Americans to support then-President-elect George W. Bush, stating,
"I accept the finality of this outcome," and underscored the importance of upholding democracy and the rule of law, even in challenging times. He concluded with a call for national unity, saying,
"This is #America, and we put country before party."
#Harris #Trump #electionresult2024
#USElection2024
I have a bet with a friend, this year going to be @AdamaTrd37 year, as he is healthy. So far, it's not a bad start, a strong presence against #ManchesterUnited season opener, an assist in 2nd game, and a goal in the 3rd game. Good start so far.