Tag Archives: Amazon

Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon A group of seven tech companies urged the Securities and Exchange Commission to require businesses to regularly disclose climate-related matters to their shareholders. In a letter to SEC Chairman Gary Gensler on Friday, Google parent Alphabet, Amazon, Autodesk, eBay, Facebook, Intel and Salesforce shared their view in response… Source link

The bipartisan legislation marks Congress’s most significant push to date to rein in Silicon Valley, in some cases taking direct aim at tech giants’ underlying business models. If successful, the legislation could force Google (GOOG) to stop promoting YouTube in its search results, or prohibit Amazon (AMZN) from selling products on its marketplace that compete directly with third-party seller listings. Apple (AAPL) could be required to relax its restrictions on iOS app developers, and… Source link

Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under a new expansive set of antitrust reforms introduced by a bipartisan group of House lawmakers on Friday. The package of five bills, earlier reported by CNBC and other outlets, would make it harder for dominant platforms to complete mergers and prohibit them from owning businesses that present clear conflicts of interest. The legislation represents the most comprehensive effort to reform century-old… Source link

Executives from Alphabet’s Google (GOOGL.O) and Amazon.com (AMZN.O) head the list of witnesses for a hearing before the Senate Judiciary Committee’s antitrust subcommittee next week, along with an executive from speaker maker Sonos Inc (SONO.O), which has been critical of the two tech giants. Ryan McCrate, an associate general counsel, will speak for Amazon while public policy specialist Wilson White will testify for Google, said Senators Amy Klobuchar, chair of the panel, and Mike Lee, the… Source link

U.S. House Impeachment manager David Cicilline (D-RI) speaks on the second day of former President Donald Trump’s second impeachment trial at the U.S. Capitol on February 10, 2021 in Washington, DC. congress.gov via Getty Images A group of House Democrats is circulating discussion drafts of antitrust bills that would force the biggest tech companies to change parts of their business models and curtail large acquisitions, according to copies obtained by CNBC. While the drafts could still change… Source link

A huge internet outage has affected large swaths of the internet, including major sites like Amazon, Reddit, Twitter and Twitch, along with news sites including the New York Times and The Guardian. The source of the problem is the Fastly content delivery network (CDN), which has confirmed a global disruption. On its status page, Fastly said “we’re currently investigating potential impact to performance with our CDN services.”  Other affected sites include Stack Overflow, GitHub, gov.uk,… Source link

This photograph taken on September 28, 2017, shows a smartphone being operated in front of the logos of Google, Apple, Facebook and Amazon web giants. Damien Meyer | AFP | Getty Images The world’s biggest tech companies are facing a corporate tax avoidance crackdown after the Group of Seven most developed economies agreed a historic deal Saturday. The G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits. The reforms, if finalized, would… Source link

Alphabet Inc. was worth more than Amazon.com Inc. for the first time in 16 months Friday, as the online-advertising giant’s strong 2021 stock rally continues. Google parent company Alphabet GOOG, +1.96% GOOGL, +1.96% finished Friday’s session with a market value of $1.622 trillion, while Amazon AMZN, +0.60% closed out the day with a $1.616 trillion valuation, according to Dow Jones Market Data. Shares… Source link

UKRAINE – 2021/04/29: In this photo illustration, a Google logo seen displayed on a smartphone and a … [+] pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images In the fight for share of market, it was first a battle that had Walmart WMT pursuing Amazon AMZN . Now, the battlefield has gotten more competitive as Google’s new partnership with Shopify SHOP is a direct challenge to both… Source link

They’re two of the biggest and most influential companies on the planet, but in many ways Amazon and Google are polar opposites when it comes to company culture and business strategy. Richard Russell spent over eight years collectively at both Google and Amazon before founding his own company, where he teaches others how to apply the principles and tools he’s learned to their own businesses. I sat down recently with Russell to demystify some of the differences between his former employers, and… Source link