Amazon’s net sales in the fourth quarter rose 44% to $125.6 billion, up from $87.4 billion in the same period in 2019, according to the company’s press release. The company…
Facebook spent $19.68 million on lobbying in 2020, more than any other Big Tech company, according to CNBC. The social media giant increased its lobbying spending by 17.8% from 2019,…
Amazon Web Services is drawing on Apple’s Mac Mini computers, featuring Intel Core i7 chips to deliver EC2 virtual-computing instances with MacOS, according to CNBC. The instances run on bare…
Amazon announced new pharmacy offerings on Tuesday as it pushes into the healthcare industry through affordable and accessible medicine, according to the company’s press release. Amazon Pharmacy, the new store,…
On Tuesday, the EU regulators charged Amazon for distorting online retail competition and initiated a second investigation into the online retailer’s business practices, according to the Financial Times. Investigations into…
Apple, Amazon, Facebook, and Google posted combined revenues of $220.28 billion, up from $200 billion revenues last quarter, MarketWatch reports. The Big Four, which make up about one-fifth of the…
European Central Bank (ECB) officials are working on a plan to sell hundreds of billions of euros of bank loans in an Amazon-like website, according to a press release. The…