{"id":557912,"date":"2021-09-12T13:52:03","date_gmt":"2021-09-12T13:52:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/"},"modified":"2021-09-12T13:52:03","modified_gmt":"2021-09-12T13:52:03","slug":"the-rise-of-bezosism-is-an-apple-car-still-in-the-cards","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/","title":{"rendered":"The rise of Bezosism + Is an Apple car still in the cards?"},"content":{"rendered":"

<\/a> Shippers all over the world are getting their biggest paydays since 2008: <\/strong>As the demand for goods bounces back but supply chains continue to be hampered by covid-19 induces port closures, the global demand for vessels is soaring, and with it the earnings of the shipping industry, Bloomberg<\/a> reports. Container shipping rates have reached record highs, with it now costing USD 14k to ship a 40-foot steel box from China to Europe, a 500% y-o-y increase. This world\u2019s largest container line AP Moller-Maersk A\/S raised its expectations for its annual earnings by USD 5 bn last month.<\/p>\n

Smart policy coming out of KSA: <\/strong>Saudi Arabia is taking steps to decouple state and business interests, barring ministers from holding positions on the boards of companies, according to a ministerial decree amendment published<\/a> over the weekend. State-owned firms such as Saudi Arabian Oil Company and the Saudi Arabian Military Industries both have several ministers on their boards, reports Bloomberg<\/a>, and it is yet to be seen how these firms will be affected by the loss of the prominent board members.<\/p>\n

But there\u2019s a loophole: <\/strong>The new decision does not include ministers whose chairmanship or membership was mandated by the prime minister.<\/p>\n

\n

<\/a> Apple users will no longer be forced to use the App Store\u2019s payment tools<\/strong>, after a US court ruled that Apple was engaged in \u201canti-competitive conduct\u201d in a case brought against the company by Fortnite developer Epic Games, The Verge<\/a> reported. The ruling ends months of legal jousting between the two companies, with Epic also being required to pay Apple around USD 3.5 mn \u2014 or 30% of revenues collected during the period that Epic implemented an alternative payment system in the Fortnite app. But the Epic-Apple battle continues in South Korea, where Apple is refusing to allow Epic to relaunch the Fortnite app on the App Store unless the game developer agrees to \u201cplay by the same rules as everyone else,\u201d according to Forbes<\/a>.<\/p>\n

An Apple car is still miles away: <\/strong>After seven years of efforts to produce electric and autonomous vehicles under Project Titan, Apple still has nothing to show for it, writes the Financial Times<\/a>. Question marks arose last week on where the cars stand after the exec who led Project Titan defected to Ford<\/a>. While Apple has supply chain expertise and a strong brand name, cars are a whole new ballpark and things like battery performance, interior design, and manufacturing at scale are still out of the tech company\u2019s skillset, experts say. Apple\u2019s cars drove 19k autonomous miles last year, a fraction of the 630k miles completed by Alphabet\u2019s Waymo car project.<\/p>\n

While we wait for the car: <\/strong>Apple is holding a virtual event on Tuesday where we can expect a new iPhone, new AirPods and probably a new watch. Apple has scheduled the event for 7pm CLT and shows it running for two hours. You can stream it here<\/a>.<\/p>\n

\n

What is Bezosism, you ask? <\/strong>The Wall Street Journal<\/a> coined the term to describe the potent mix of surveillance, measurement, psychological manipulation, targets, incentives, and sloganeering that keeps Amazon workers trudging along despite harsh conditions. A successor to Taylorism and Fordism, Amazon\u2019s ethos infuses the stable hierarchies and productive systems of the former with tech to create the super-productive fulfillment centers of the present.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shippers all over the world are getting their biggest paydays since 2008: As the demand for goods bounces back but supply chains continue to be hampered by covid-19 induces port closures, the global demand for vessels is soaring, and with it the earnings of the shipping industry, Bloomberg reports. Container shipping rates have reached record […]<\/p>\n","protected":false},"author":1,"featured_media":557913,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[318,3498,184,116,633,638,652,670,219,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-amazon","tag-antitrust-act","tag-apple","tag-china","tag-enterprisepm","tag-for-your-commute","tag-ford","tag-jeff-bezos","tag-saudi-arabia","tag-trade","wpautop","entry"],"acf":{"mongo_id":"ee4ec7e7-b02d-46b0-9918-6a60b6cf5ab9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/485.jpg","photo_position":"above","related_issue":[557908],"teaser":"","voice_url":""},"yoast_head":"\nThe rise of Bezosism + Is an Apple car still in the cards? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The rise of Bezosism + Is an Apple car still in the cards?\" \/>\n<meta property=\"og:description\" content=\"Shippers all over the world are getting their biggest paydays since 2008: As the demand for goods bounces back but supply chains continue to be hampered by covid-19 induces port closures, the global demand for vessels is soaring, and with it the earnings of the shipping industry, Bloomberg reports. Container shipping rates have reached record […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-12T13:52:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/485.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The rise of Bezosism + Is an Apple car still in the cards?\",\"datePublished\":\"2021-09-12T13:52:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/\"},\"wordCount\":561,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/485.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Amazon\",\"Antitrust Act\",\"Apple\",\"China\",\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"Ford\",\"Jeff Bezos\",\"Saudi Arabia\",\"trade\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/the-rise-of-bezosism-is-an-apple-car-still-in-the-cards\/\",\"name\":\"The rise of Bezosism + Is an Apple car still in the cards? 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Revenues rose 5% from 2020 to USD 3.5 bn. In 4Q, the company reported a 43% increase in net income attributable to shareholders to USD 37.1 mn,\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558453,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/aluminium-prices-surge-to-near-decade-high-delta-variant-to-hit-china-growth-prospects\/","url_meta":{"origin":557912,"position":1},"title":"Aluminium prices surge to near decade high + Delta variant to hit China growth prospects","author":"enterpriseam admin","date":"10 August 2021","format":false,"excerpt":"SUPERCYCLE WATCH- Aluminium prices are nearing a decade high of c. USD 2.6k per tonne this week, supported by a post-pandemic global economic recovery and a sustained rebound in prices of industry-related materials, the Financial Times reports. Aluminium prices rose 31% y-o-y in 2021, with the potential for this year\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577532,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/27\/oc-revenues-up-20-y-o-y-in-9m-2022\/","url_meta":{"origin":557912,"position":2},"title":"OC revenues up 20% y-o-y in 9M 2022","author":"enterpriseam admin","date":"27 November 2022","format":false,"excerpt":"Orascom Construction (OC) reported a 20.1% y-o-y rise in revenues to USD 3.05 bn in 9M 2022, according to its latest earnings release (pdf). Net income recorded USD 57.8 mn in the first nine months of the year (down 24.0% y-o-y.) The construction giant's revenues were up 32.7% y-o-y to\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/419.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577993,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/saudi-china-ties-grow-with-xi-visit\/","url_meta":{"origin":557912,"position":3},"title":"Saudi-China ties grow with Xi visit","author":"enterpriseam admin","date":"12 December 2022","format":false,"excerpt":"Big investments at the China-Arab summit: Some USD 50 bn in investment agreements were signed during Xi Jinping\u2019s visit to Saudi Arabia last week, Saudi Investment Minister Khalid Al Falih told Bloomberg, remaining tightlipped on the details. He said that the agreements included both the private and public sectors, yet\u2026","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/234.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587916,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/orascom-construction-revenues-slip-in-1q-2023\/","url_meta":{"origin":557912,"position":4},"title":"Orascom Construction revenues slip in 1Q 2023","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"Backlog dips to USD 5.5 bn","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/67.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549069,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/01\/orascom-construction-sees-profitability-improve-q-o-q-in-2q-2022-as-us-margins-improve-eyes-new-infrastructure-and-data-center-projects\/","url_meta":{"origin":557912,"position":5},"title":"Orascom Construction sees profitability improve q-o-q in 2Q 2022 as US margins improve; eyes new infrastructure and data center projects","author":"enterpriseam admin","date":"1 September 2022","format":false,"excerpt":"Orascom Construction (OC) reported an 8% y-o-y rise in revenues to USD 934.9 mn in 2Q 2022, with net income of USD 20.8 mn (down 13% in a high-inflation environment), according to its latest earnings release (pdf). Net income in the period was up nearly 60% over 1Q 2022, the\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=557912"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557912\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/557908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/557913"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557912"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557912"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}