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Tech giants profited 56% more in 2021, driven by pandemic

Tech giants profited 56% more in 2021, driven by pandemic

According to data compiled by the Efe agency, Amazon, Meta (which controls Facebook, Instagram and WhatsApp), Alphabet (which controls Google), Apple and Microsoft achieved a profit of $320 billion in 2021. This figure represents an increase of 55.6% in relation to the $205 billion in

Amazon postpones return to offices to January 2022

Amazon postpones return to offices to January 2022

Amazon determined that workers who were supposed to return to offices from September 7th would, should comeback from January 3rd of next year. This instruction applies to the US and other countries not specified by the company. “We will continue to follow the advice of

Washington prosecutor accuses Amazon of anti-competitive practices

Washington prosecutor accuses Amazon of anti-competitive practices

” Amazon behavior and market share prove its intention to build a monopoly and indicate a dangerous likelihood of success, ” said attorney Karl Racine, in his complaint. Racine criticized the e-commerce conglomerate for preventing companies from selling their cheaper products somewhere other than on

Amazon is close to buy Hollywood studio MGM for $9 billion

Amazon is close to buy Hollywood studio MGM for $9 billion

The e-commerce conglomerate Amazon is close to reach an agreement to acquire Hollywood MGM film studios for $9 billion, as the Wall Street Journal (WSJ) said today. The newspaper, which cites knowledgeable sources on the subject, estimated that, if the purchase proceeds, it will be