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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

Amazon more than triples profits to $8 billion

Amazon more than triples profits to $8 billion

The company led by Jeff Bezos (Amazon), the richest man in the world, according to Forbes magazine, earned $108.5 billion in the first quarter of this year, compared with the $75.5 billion in 2020. These values ​​exceeded analysts’ expectations and the security appreciated three percent

Parler sues Amazon for ‘millionaire damage’ in breach of contract

Parler is a social network focused on ensuring users “freedom of expression”. Since the start of operations, it has mainly attracted conservative communities that have been undermined or underrepresented on other platforms. Currently, after a month offline, it has returned to the air with limited

Amazon is developing a new digital currency

Amazon is working on a new project to develop its own digital currency. According to recent posts on Amazon Jobs, a platform that advertises job openings, software development engineers and managers are being hired to develop a new payments product. According to the announcements, Amazon