Jeff Bezos’ fortune drops US$66 billion so far this year
At Thursday’s quarterly earnings call, Amazon’s revenue projections for the current quarter fell significantly short of analysts’ expectations
Amazon
California sues Amazon for ‘thwarting’ competition through seller contracts
The lawsuit seeks to stop Amazon from entering into “anticompetitive” contracts with merchants.
Google faces record US$4 billion fine in Europe after losing Android antitrust appeal
The EU’s fine against the American tech giant is the largest antitrust penalty it has handed out so far.