• 19 hours Low Prices Plague Beleaguered Lithium Miners
  • 2 days Is This The Big Biotech Bust?
  • 2 days Funding Is The Biggest Hurdle For Clean Energy
  • 3 days Walmart Reaches Out To Chilean Government For Protection
  • 3 days The Most Exciting Gold Find Of The Decade
  • 3 days Mining Boom Sparks Deforestation Concerns
  • 4 days The Cannabis Culling Has Wall Street Disappointed
  • 4 days Vigilante Offers $100,000 Bounty To Hack Banks
  • 5 days The Dairy Industry Is Dying
  • 5 days The Most Impressive Electric Vehicle Of The Year
  • 6 days Gold Miners Are Having A Stellar Second Half
  • 7 days How 3D Printing Is Turning Each And Every Industry On Its Head
  • 7 days Is The $3.5 Trillion Healthcare Industry About To Get Much More Transparent?
  • 8 days Gamblers Are Betting Big On Trump’s Impeachment
  • 8 days Even Banks Can't Answer Aramco's Trillion Dollar Question
  • 9 days Will Bezos Buy The Seattle Seahawks?
  • 9 days 6 Tech Trends Transforming The Travel Industry
  • 10 days Ousted Uber CEO Cashes Out $500 Million In Stock
  • 10 days Trump Prepares For Another Key Tariff Decision
  • 10 days The Free Money Bubble Is About To Burst
Is This The Big Biotech Bust?

Is This The Big Biotech Bust?

Biotechs are a train wreck…

Vigilante Offers $100,000 Bounty To Hack Banks

Vigilante Offers $100,000 Bounty To Hack Banks

A well-known vigilante hacker offered…

Michael Scott

Michael Scott

Writer, Safehaven.com

Michael Scott majored in International Business at San Francisco State University and University of Economics, Prague. He is now working as a news editor for…

Contact Author

  1. Home
  2. News
  3. Breaking News

Amazon’s Tale Of Two Cities

NYC

After a year of speculation over the location of Amazon’s second headquarters, new information suggests e-commerce giant has made a decision

After a year of heated speculation and even more intense lobbying by a number of cities in the running to host Amazon’s second headquarters, reports emerge that the e-commerce giant is now going to split up its HQ2.

After disclosing 20 finalists out of 238 cities in January, the Wall Street Journal and the New York Times, both citing unnamed sources, now say this is a tale of two cities.  

“The company is nearing a deal to move to the Long Island City neighborhood of Queens, according to two of the people briefed on the discussions,” NYT reported Monday, adding that “Amazon is also close to a deal to move to the Crystal City area of Arlington, Va., a Washington suburb, one of the people said”.

Effectively, that would mean that instead of getting 50,000 employees in a single ‘headquarters’, the ‘winning’ cities would each get 25,000, but as NYT points out, the two above-mentioned venues are already home to more Amazon employees than anywhere outside of Seattle and the Bay Area.

But there’s another game being played alongside this one—a game that suggests anti-trust threats from Washington are playing a role in Amazon’s HQ2 venue choice.

In an interview with Axios, Trump recently raised the specter of antitrust action against Amazon, Google and Facebook. Related: Deloitte Paves The Way For Next Gen Digital Identification

"I leave it to others, but I do have a lot of people talking about monopoly when they mention those three in particular," Trump said. “We are looking at [antitrust] very seriously ... Look, that doesn't mean we're doing it, but we're certainly looking and I think most people surmise that, I would imagine."

Trump’s relationship, particularly with Amazon, has been hard to nail down precisely. While he says Amazon has been profiting at the expense of the U.S. Postal Service, and has raised concerns of a “monopoly”, he also seems bent on allowing its CEO, Jeff Bezos, to become one of the most influential tech figures in Washington, while at the same time attacking Bezos personally for his ownership of the “Amazon Washington Post”.

Moving closer to D.C. would help with lobbying efforts, clearly. While moving to, say, Toronto—one of the finalists--won’t score any points with a president trying to make good on a promise to create more American jobs.

But more to the point, as Citi’s Mark May wrote in a note to clients carried by Axios: “By separating the retail and [cloud] businesses, Amazon could minimize or avoid the risk of increased regulatory pressure”.

Bezos is all about cooperating with Washington these days, and particularly with the Department of Defense (DoD), even if the Washington Post remains exceptionally critical of every move Trump makes.

In this game of smoke and mirrors, Amazon is favored to win a Pentagon contract worth as much as $10 billion—a contract that will make whoever wins it one of the biggest federal contractors in the country and responsible for moving all of the DoD’s classified and unclassified data on to the cloud.

By Michael Scott for Safehaven.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment