AMAZON OPENS ONLINE PHARMACY, SHAKING UP ANOTHER INDUSTRY
AppleMagazine|AppleMagazine #473
Now at Amazon.com: insulin and inhalers.

The retail colossus opened an online pharmacy Tuesday that allows customers to order medication or prescription refills, and have them delivered to their front door in a couple of days.

The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled Tuesday.

The big chains rely on their pharmacies for a steady flow of shoppers who may also grab a snack or shampoo or groceries on the way out.

All have upped online services and touted their abilities to deliver prescriptions and other goods as the COVID-19 pandemic has pushed more consumers to stay home. But Amazon.com has mastered these things, and its online store is infinitely larger, with millions of loyal shoppers already buying books, TVs and just about anything else.

“The news represents a disruption to the system and competitive threat that will likely shift scripts away from the retail channel,” analysts at Citi Research said in a note.

Amazon has a history of disruption. Launched in 1995 as an online book store, it pushed other booksellers to sell online. But those that couldn’t keep up went out of business, like the Borders bookstore chain, which disappeared in 2011.

Its purchase of Whole Foods three years ago sent supermarket stocks spiraling, but many have been able to hold their own against Amazon, offering home delivery and curbside pickup of groceries.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM APPLEMAGAZINEView All

Q&A: BITCOIN'S MASSIVE RISE AND WHAT COMES NEXT

The digital currency Bitcoin rocketed to a record high last week above $40,000 a coin.

2 mins read
AppleMagazine
AppleMagazine #481

VOLKSWAGEN TRIPLES ELECTRIC CAR SALES AHEAD OF CLIMATE RULES

Europe’s push into electric cars is gathering speed — despite the pandemic.

2 mins read
AppleMagazine
AppleMagazine #481

UK INVESTIGATES GOOGLE'S PLAN TO REVAMP CHROME BROWSER

Britain’s competition watchdog said it launched an investigation into Google’s plan to overhaul its ad data system over worries it could leave even less room for rivals in the online ad industry.

2 mins read
AppleMagazine
AppleMagazine #481

RACE ON: THE LINEUP FOR THE REVOLUTION OF THE CAR INDUSTRY

Wherever you are in the world, it’s hard to deny that 2020 was a challenging year - not least the automotive sector. With car sales plummeting amidst stay-at-home orders, consumers had a chance to reflect on their environmental impact, and as a result, electric vehicles are now more desirable than ever.

6 mins read
AppleMagazine
AppleMagazine #481

SOME UBER, LYFT DRIVERS SUE OVER CALIFORNIA BALLOT MEASURE

Drivers for app-based ride-hailing and delivery services filed a lawsuit to overturn a California ballot initiative that makes them independent contractors instead of employees eligible for benefits and job protections.

2 mins read
AppleMagazine
AppleMagazine #481

TARGET CONTINUES TO THRIVE IN WHIRLWIND RETAIL ENVIRONMENT

Target’s strong sales streak extended through a pandemic-shrouded holiday season after a hard push online and an increased effort to provide alternatives to customers who are trying to minimize risk.

2 mins read
AppleMagazine
AppleMagazine #481

TIKTOK TIGHTENS PRIVACY FEATURES FOR YOUNGER USERS

A month after federal regulators ordered it to disclose how its practices affect children and teenagers, TikTok is tightening its privacy practices for the under-18 crowd.

1 min read
AppleMagazine
AppleMagazine #481

NEW MERCEDES SCREEN TO STRETCH NEARLY FULL WIDTH OF CAR

Daimler’s Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost the entire width of the car in the place of a conventional dashboard.

2 mins read
AppleMagazine
AppleMagazine #481

ELECTRIC TRUCK MAKER HITS 100,000 ORDERS AHEAD OF FALL START

An upstart electric vehicle maker said that it now has more than 100,000 orders for its new pickup truck.

1 min read
AppleMagazine
AppleMagazine #481

CHINA'S GEELY, BAIDU ANNOUNCE ELECTRIC CAR VENTURES

Chinese automaker Geely says it will form an electric car venture with tech giant Baidu, adding to a flurry of corporate tie-ups in the industry to share soaring technology development costs.

1 min read
AppleMagazine
AppleMagazine #481
RELATED STORIES

Speak Softly and Run a Big Cloud

Amazon’s decision to cut ties with Parler showed the often-overlooked power its cloud computing division has over the internet

6 mins read
Bloomberg Businessweek
January 18, 2021

6 Fantastic Business Ideas for Moms

Mothers who use their free time efficiently will love these endeavors

8 mins read
Home Business Magazine
Winter 2021

AMAZON BUYS 11 JETS FOR 1ST TIME TO SHIP ORDERS FASTER

Amazon said this week that it bought 11 jets from Delta and WestJet airlines to boost its growing delivery network and get orders to shoppers faster.

1 min read
Techlife News
Techlife News #480

The Power of Four

Regina King’s film reimagines a meeting of Black icons.

5 mins read
New York magazine
January 4-17, 2021

NO cone No shame just use your noodle

Here is a tip that could save you the “cone-charge” from your vet bill. These cones were obviously designed for long-nosed dogs!

2 mins read
Cat Talk
December 2020

CONGRESS TARGETS AMAZON, APPLE, FACEBOOK, AND GOOGLE FOR BEING POPULAR

WITH FRESH FACES in the White House and Congress, many Trump-era political agendas will soon be discarded.

4 mins read
Reason magazine
February 2021

6 apps to delight book lovers

Find more things to read, in more ways, and more people to discuss them with

3 mins read
Mac Life
January 2021

REINVENT YOURSELF: FINDING NEW WAYS TO MAKE MONEY

Though millions of professionals are relying on technology to adapt to working from home, others do not have that luxury, with their jobs on the line due to the COVID-19 pandemic.

7 mins read
Techlife News
Techlife News #478 *Special Edition

INTERNET OF THINGS: INNOVATIONS HAPPENING IN EVERY SPACE

IoT is changing the way we live. Virtually every aspect of our lives has been digitized; from turning on our lights before we arrive home to prescribing medication without a doctor.

6 mins read
Techlife News
Techlife News #478 *Special Edition

Living Heart Centered

DR JOE DISPENZA shares some thoughts on heart-brain coherence and moving from thinking to knowing through the instrument of perception we know as the heart.

5 mins read
Heartfulness eMagazine
December 2020