On Thursday, Donald Trump will walk into the Great Hall of the People in Beijing, shake Xi Jinping's hand, and declare it a great meeting. There will be announcements. There will be numbers — billions of dollars in Chinese purchase commitments, a new bilateral mechanism with an important-sounding name, possibly a joint statement on Iran. Trump will post on Truth Social. Markets will rally briefly. Pundits will argue about who won. None of that will tell you what actually happened. What is actually happening in Beijing this week is something more consequential and more uncomfortable than the summit theatre will reveal: two leaders of two deeply mutually dependent superpowers, both of whom need this meeting to succeed for entirely different reasons, sitting across a table in a world that has already moved past the assumptions that defined their last nine months of negotiations. The Iran war changed the equations. The rare earth gambit changed the power balance. Taiwan is sitting in...
Amazon has entered the daily-deals market place with the Launch of Amazon Local. So what is Amazon Local and how does it work. Amazon Local is the deal-of-the-day type of website that has launched in a few cities in the US. The website seeks to bring to people living nearby deals from businesses which helps you save 50% or less.Amazon Local has also launched in Chicago which is significant because that is Groupon's home turf. Amazon Local is now available in California, Florida, Idaho, Illinois and Washington. There is plenty of rooms for multiple players in the daily-deal market and Amazon has slowly started spreading it's wings. Amazon has said that the deals have initially started coming from LivingSocial another daily deals site in which Amazon has invested but that now they have started bring daily-deals from their own sales team. Amazon has setup it's own team to bring daily deals to cities that they are operating in. With Amazon being such a huge brand adn given the...