Tag Archives: Amazon

EU court adviser sides with Google, Amazon in Italian rule spat

EU court adviser sides with Google, Amazon in Italian rule spat

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to Europe’s top court said on Thursday. The spat between the companies and the Italian government concerned a regulation obliging online service providers operating in Italy to join a register and submit various information as well as… Source link

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Nvidia’s Stock Breakout Puts Amazon Within Sight

Nvidia’s Stock Breakout Puts Amazon Within Sight

(Bloomberg) — Just 10 days into the new year and a familiar stock is back near the top of the leaderboard: Nvidia Corp. Most Read from Bloomberg After struggling for months to break out above $500 a share, last year’s best performer in the S&P 500 has pushed decisively into record territory with a nearly 9% advance. With its market value now at more than $1.3 trillion, it’s less than $250 billion shy of Amazon.com Inc., the fourth-most valuable company in the benchmark. The fact that… Source link

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Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai

Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai

Amazon, Microsoft are boosting Saudi offices amid state pressure SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, which has said it will stop giving contracts to companies without regional headquarters in the country. The three US firms… Source link

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