Amazon’s Rough Week

Amazon is having a rough ride this week.

Alongside second-quarter results that fell short of expectations and triggered a plunge in shares, the company disclosed that Europe just levied a gobsmacking 746 million euro fine, or roughly $887 million, in its earnings filings with the Securities and Exchange Commission.

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The record-breaking penalty, first unearthed by Bloomberg on Friday, was imposed by the Luxembourg National Commission for Data Protection, the top privacy regulator…


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