Degrees from Facebook or Google University? Amazon Expanding Private Label Offerings for Prime MembersPosted: May 16, 2016
Britain is looking at changes to their university system that would allow companies like Google and Facebook to set up their own academic institutions in the country that could award degrees. Thenextweb.com reports that neither of those companies has indicated that they would be interested in doing so, but government ministers in the UK think ‘challenger institutions’ set up by companies including Facebook, Google and others would ensure that they have ‘suitably skilled workers’ moving into the future.
Amazon will soon expand its lineup of private-label goods to include perishable food items — offering nuts, spices, vitamins, tea, coffee, baby food and other products under new Amazon brands such as Happy Belly, Wickedly Prime and Mama Bear, according to geekwire.com. The products will only be available for purchase by Amazon Prime members. It’s another perk for prime members, and another profit center for Amazon…private label brands frequently bring in higher profits to companies than name brands.