Indeed, Amazon casts a long shadow over a number of industries. Grocery stocks plunged when the company acquired Whole Foods Market last year. Walgreens (NASDAQ:WBA) and CVS Health (NYSE:CVS) fell when the company acquired PillPack this summer, and an eventual entry by Amazon into the pharmacy space still hangs over the sector. The 2016 launch of Amazon Prints sent Shutterfly (NASDAQ:SFLY) down 12%.
Portland filmmaker Matt McCormick begins his very personal documentary with an astounding shot of a nuclear mushroom cloud from high above the Earth, a droning ambient soundtrack roaring to a fever pitch as the explosion takes explicit shape. From there, McCormick narrates the story of his grandfather, one of the U.S.’s select B-52 bomber pilots burdened with flying world-clearing, 4-megaton nuclear weapons on marathon missions over North America, staying ever-ready to drop them on Russia should the Cold War come to a disastrous head. The film’s strength is its wordless, practically impressionistic sense of gravity when pouring over so much found footage and assorted documents from the time, detailing just how much of the world’s destiny was shaped by human beings as susceptible to error—to the failings of the human body—as any one of us. Scored by Portland ambient artist Eluvium (Matthew Cooper), Buzz One Four stays so compelling in its powerfully non-verbal wandering, one wishes McCormick got rid of narration altogether. —Dom Sinacola
In November 2007, the Kindle Store was launched as an e-book e-commerce store and can be accessed from any Amazon Kindle, Fire tablet or Kindle mobile app. At its launch, the store had more than 88,000 digital titles available. This number increased to more than 765,000 by August 2011 and as of January 2017 there were over five million e-books available in the U.S.
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In 2005, Amazon announced the creation of Amazon Prime, a membership offering free two-day shipping within the contiguous United States on all eligible purchases for a flat annual fee of $79 (equivalent to $99 in 2017), as well as discounted one-day shipping rates. Amazon launched the program in Germany, Japan, and the United Kingdom in 2007; in France (as "Amazon Premium") in 2008, in Italy in 2011, in Canada in 2013, and in India on July 26, 2016.