Annie Palmer

Annie Palmer is a Technology Reporter who joined CNBC in 2019. She covers Amazon and other e-commerce companies for CNBC.com in New York. She can be reached via email at anne.palmer@nbcuni.com, on Threads or on Signal at anniepalmer.88.

83%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

95%

Examples:

  • Annie disagrees with the allegations and has appealed the citations.
  • The California Labor Commissioner's Office said it investigated two Amazon facilities in Moreno Valley and Redlands, both located east of Los Angeles, and found 59,017 violations of the state's Warehouse Quotas law.

Conflicts of Interest

88%

Examples:

  • $240 million worth of Amazon shares last year
  • Amazon founder and executive chairman Jeff Bezos
  • Bezos sold about 12 million Amazon shares worth approximately $2.03 billion

Contradictions

85%

Examples:

  • Amazon disagrees with the allegations and has appealed the citations.
  • Productivity quotas have become a common source of consternation among Amazon workers.
  • The California Labor Commissioner's Office said it investigated two Amazon facilities in Moreno Valley and Redlands, both located east of Los Angeles, and found 59,017 violations of the state's Warehouse Quotas law.

Deceptions

65%

Examples:

  • The article does not disclose the total amount of stock sold but instead focuses on individual sales.
  • The title mentions only one sale and not all sales made by Jeff Bezos.

Recent Articles

Record-Breaking Prime Day: U.S. Online Spending Surges 11% to $14.2 Billion, Driven by Back-to-School Shopping and Product Refresh Cycle

Record-Breaking Prime Day: U.S. Online Spending Surges 11% to $14.2 Billion, Driven by Back-to-School Shopping and Product Refresh Cycle

Broke On: Thursday, 18 July 2024 U.S. online spending during Amazon's Prime Day event reached a record $14.2 billion, up 11% year over year, driven by back-to-school shopping and product refreshes, according to Adobe Analytics. Consumers spent more per order with an average of $57.97 and top categories included Amazon-branded products, home goods, household essentials, apparel and shoes.
Amazon Takes on Temu and Shein: New Marketplace for Affordable Chinese Imports

Amazon Takes on Temu and Shein: New Marketplace for Affordable Chinese Imports

Broke On: Wednesday, 26 June 2024 Amazon launches new section for low-priced fashion and lifestyle items from Chinese sellers, allowing direct shipping to U.S. consumers and saving merchants costs. This aggressive move aims to compete with Temu and Shein's popularity in offering rock-bottom prices.
California Labor Commissioner Fines Amazon $5.9 Million for Alleged Quota Violations

California Labor Commissioner Fines Amazon $5.9 Million for Alleged Quota Violations

Broke On: Tuesday, 18 June 2024 The California Labor Commissioner's Office fined Amazon $5.9 million for failing to provide written notice of quotas as required by the state's Warehouse Quota Law, putting employee safety at risk in two Riverside and San Bernardino county facilities. Amazon disputes the allegations and has appealed.
Amazon Labor Union Affiliates with Teamsters for Stronger Negotiating Position

Amazon Labor Union Affiliates with Teamsters for Stronger Negotiating Position

Broke On: Tuesday, 18 June 2024 The Amazon Labor Union (ALU) in the US has affiliated with the International Brotherhood of Teamsters, strengthening its position to negotiate with Amazon after a historic victory at a Staten Island warehouse. The Teamsters will provide financial and organizational support to the ALU, representing around 5,500 Amazon workers in New York City. This alliance could establish a precedent for other unions seeking to organize and bargain with large corporations like Amazon.
Amazon Prime Members Gain Access to Free Food Delivery through Grubhub: Expanding Partnership Benefits

Amazon Prime Members Gain Access to Free Food Delivery through Grubhub: Expanding Partnership Benefits

Broke On: Thursday, 30 May 2024 Amazon Prime members now enjoy expanded benefits with free food delivery through Grubhub, adding to existing perks like Prime Video, Music, RxPass, and unlimited grocery delivery. Eligible orders over $12 grant free deliveries for Prime members on Amazon's website and app. The partnership builds upon Amazon's 2% stake in Grubhub's parent company (Just Eat Takeaway.com), offering a wider range of food options.
Amazon Web Services Cuts Hundreds of Jobs in Sales, Marketing and Global Services Organization as well as the Physical Stores Technology Team

Amazon Web Services Cuts Hundreds of Jobs in Sales, Marketing and Global Services Organization as well as the Physical Stores Technology Team

Broke On: Wednesday, 03 April 2024 Amazon Web Services (AWS) is cutting hundreds of jobs in its sales, marketing and global services organization as well as the physical stores technology team due to a strategic shift in how Amazon uses some applications. The company has identified duplication in roles such as program management and sales operations which spurred layoffs. However, AWS is also hiring for priorities including core areas of their business.
Jeff Bezos Sells 50 Million Shares of Amazon Stock for $8 Billion

Jeff Bezos Sells 50 Million Shares of Amazon Stock for $8 Billion

Broke On: Monday, 19 February 2024 Jeff Bezos, founder and executive chairman of Amazon.com Inc., sold 50 million shares of his company's stock for around $8 billion in January under a prearranged trading plan that he adopted in November.

Amazon's Q3 2023 Earnings: Revenue Exceeds Expectations, EPS Falls Short

Broke On: Thursday, 26 October 2023 Amazon's Q3 2023 EPS was $12.37, lower than the predicted $12.81 Amazon's Q3 2023 revenue was $113.08 billion, surpassing the expected $111.6 billion Amazon spent $15 billion on shipping in Q3 2023, a 57% increase from the same period last year AWS reported $14.81 billion in revenue for Q3 2023, a 39% increase year over year Amazon's ad revenue for Q3 2023 was $7.9 billion, a 64% increase from the same period last year