Amazon One
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Amazon One
Amazon One is a payment system offered by Amazon. It is based on biometrics and works by reading users' palm print. It is used by retailers like Whole Foods Market, Amazon Go and Amazon Go Grocery, as well as third-party retailers who purchased the technology from Amazon. In 2021, it rolled out a promotional offer which gave $10 to new users upon registering. The system is available in 53 stores as of 2021. In August 2021, three US Senators (Amy Klobuchar, Bill Cassidy, Jon Ossoff) sent a letter to the Amazon's CEO Andy Jassy Andrew R. Jassy (born January 13, 1968) is an American business executive who is the president and chief executive officer (CEO) of Amazon. Before being appointed by Jeff Bezos and the Amazon board during the fourth quarter of 2020, Jassy served ..., questioning the safety of the Amazon One users concerning the biometrics and cloud storage. References {{reflist External links How To Use Amazon One Amazon (company) ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Amazon (company)
Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft. Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker ''The Everything Store''. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acquisition of Who ...
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Biometrics
Biometrics are body measurements and calculations related to human characteristics. Biometric authentication (or realistic authentication) is used in computer science as a form of identification and access control. It is also used to identify individuals in groups that are under surveillance. Biometric identifiers are the distinctive, measurable characteristics used to label and describe individuals. Biometric identifiers are often categorized as physiological characteristics which are related to the shape of the body. Examples include, but are not limited to fingerprint, palm veins, face recognition, DNA, palm print, hand geometry, iris recognition, retina, odor/scent, voice, shape of ears and gait. Behavioral characteristics are related to the pattern of behavior of a person, including but not limited to mouse movement, typing rhythm, gait, signature, behavioral profiling, and credentials. Some researchers have coined the term behaviometrics to describe the latter class ...
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Whole Foods Market
Whole Foods Market IP, Inc., a subsidiary of Amazon, is an upscale American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections. Whole Foods has 500 stores in North America and seven in the United Kingdom . Amazon acquired the company for $13.7 billion on August 28, 2017. History Early years In 1978, John Mackey and Renee Lawson borrowed $45,000 from family and friends to open a small vegetarian natural foods store called SaferWay in Austin, Texas (the name being a spoof of Safeway). When the two were evicted for storing food products in their apartment, they decided to live at the store. Because it was zoned for commercial use, there was no shower stall, so they bathed using a water hose attached to their dishwasher. Two years later, Mackey and Laws ...
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Amazon Go
Amazon Go is a chain of convenience stores in the United States and the United Kingdom, operated by the online retailer Amazon. The stores are cashierless, thus partially automated, with customers able to purchase products without being checked out by a cashier or using a self-checkout station. As of 2020, there are 29 open and announced store locations in Seattle, Chicago, San Francisco, London and New York City. Amazon Go stores were conceptualized and tested by a team of Amazon executives, who constructed a 15,000-square-foot mock supermarket in a rented warehouse in Seattle, before revealing the work to Amazon founder Jeff Bezos in 2015. The first store, located in the company's Day 1 building, opened to employees on December 5, 2016, and to the public on January 22, 2018. The flagship store sells products such as prepared foods, meal kits, limited groceries and liquor. A larger variant, Amazon Go Grocery, opened in Seattle's Capitol Hill neighborhood on February 25, 2020. T ...
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Amy Klobuchar
Amy Jean Klobuchar ( ; born May 25, 1960) is an American lawyer and politician serving as the senior United States senator from Minnesota, a seat she has held since 2007. A member of the Minnesota Democratic–Farmer–Labor Party (DFL), Minnesota's affiliate of the Democratic Party, she previously served as the Hennepin County attorney. Born in Plymouth, Minnesota, Klobuchar is a graduate of Yale University and the University of Chicago Law School. She was a partner at two Minneapolis law firms before being elected county attorney for Hennepin County in 1998, making her responsible for all criminal prosecution in Minnesota's most populous county. Klobuchar was first elected to the Senate in 2006, becoming Minnesota's first elected female United States senator, and was reelected in 2012 and 2018. In 2009 and 2010, she was described as a "rising star" in the Democratic Party. She announced her candidacy for the Democratic nomination for president of the United States in th ...
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Bill Cassidy
William Morgan Cassidy (born September 28, 1957) is an American physician and politician serving as the senior United States senator from Louisiana, a seat he has held since 2015. A member of the Republican Party, he served in the Louisiana State Senate from 2006 to 2009 and in the U.S. House of Representatives from 2009 to 2015. Born in Highland Park, Illinois, Cassidy is a graduate of Louisiana State University (LSU) and LSU School of Medicine. A gastroenterologist, he was elected to the Louisiana State Senate from the 16th district which included parts of Baton Rouge, in 2006. In 2008, he was elected as the U.S. representative for Louisiana's 6th congressional district, defeating Democratic incumbent Don Cazayoux. In 2014, Cassidy defeated Democratic incumbent Mary Landrieu to represent Louisiana in the U.S. Senate, becoming the first Republican to hold the seat since Reconstruction. He was reelected in 2020. Cassidy was one of seven Republican senators to vote to c ...
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Jon Ossoff
Thomas Jonathan Ossoff ( ; born February 16, 1987) is an American politician serving as the senior United States senator from Georgia since 2021. A member of the Democratic Party, Ossoff was previously a documentary filmmaker and investigative journalist. Born in Atlanta to a Jewish father and an Australian mother, Ossoff was the Democratic nominee in the 2017 special election for Georgia's 6th congressional district, which had long been considered a Republican stronghold. The special election proved competitive. It generated national attention, and became the most expensive House election in U.S. history. Ossoff narrowly lost the race to former Georgia Secretary of State Karen Handel. In 2020, Ossoff won the Democratic nomination for the 2020 U.S. Senate election in Georgia to run against then-incumbent Republican senator David Perdue. Neither candidate reached the 50 percent threshold on the November 3 general election, triggering a runoff election on January 5, 2021, ...
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Andy Jassy
Andrew R. Jassy (born January 13, 1968) is an American business executive who is the president and chief executive officer (CEO) of Amazon. Before being appointed by Jeff Bezos and the Amazon board during the fourth quarter of 2020, Jassy served as the SVP and later as the CEO of AWS from 2003 to 2021. Early life and education Jassy is the son of Margery and Everett L. Jassy of Scarsdale, New York. Jewish with Hungarian ancestry, his father was a senior partner in the corporate law firm Dewey Ballantine in New York City, and chairman of the firm's management committee. Jassy grew up in Scarsdale, and attended Scarsdale High School, where he played varsity soccer and tennis. Jassy graduated cum laude from Harvard College in government, where he was advertising manager of ''The Harvard Crimson'', before earning an MBA from Harvard Business School. In 1989, he wrote in ''The Crimson'' that the newspaper should continue to publish advertisements from Eastern Air Lines, despite an ...
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