Amazon effect noun [U]
UK /ˈæm.ə.zᵊn.ɪˈfekt/ US /ˈæm.ə.zɑːn.əˈfekt/
the increase in e-commerce and the resulting closure of many physical shops, named after the online retailer Amazon, the success of which has had a significant influence on shopping habits
Retail. Cloud computing. Logistics. Film and television production. Grocery shopping. The list of industries and business processes disrupted by Amazon Inc. is long, and could get longer. Traditional banking may be the next area to face the “Amazon effect,” argues a new report from management consulting firm McKinsey.
[www.marketwatch.com, 25 October 2017]
Silicon Slopes noun [plural]
UK /ˌsɪl.ɪ.kən.ˈsləʊps/ US /ˌsɪl.ə.kən.ˈsloʊps/
an area in Utah where there are a large number of information technology and computer companies
In a recent conversation in his office, 20 minutes north of Salt Lake City, Skonnard, 44, described how he hoped to close the skills gap among tech workers worldwide and increase Pluralsight’s revenue from between $100 million and $200 million today to $500 million by 2020. As for the area that tech entrepreneurs have taken to calling Silicon Slopes, Skonnard says, “We have a vision for what Utah can be.”
[www.forbes.com, 3 April 2018]
Zoogler noun [C]
UK /’zuː.gləʳ/ US /’zuː.glɚ/
an employee of Google who works in the company’s Zurich office
The Zooglers have table tennis and pinball, but also a band rehearsal room, a cinema, a gym and a Lego room. There are circular curtained-off meeting rooms, as in a dystopian hospital. There are cable cars to sit in for no reason. There’s a room with a piano in it. And free good food.
[The Guardian, 15 January 2018]