Tag Archives: Amazon

Raising eyebrows. The controversy now is whether Amazon is a monopoly/monopsony extracting economic rent?MarketWatchJeff Bezos’ fortune tops $120 billion as Amazon shares surge after hours Mike Murphy | Editor

Executive Chairman of Google’s parent company Alphabet, Eric Schmidt, says Google will “engineer” specific algorithms for RT and Sputnik to make their articles less prominent on the search engine’s news delivery services. Google will “de-rank” RT and Sputnik News articles to make them harder to find. Alex Christoforou Amazon launches a cloud service for US intelligence agenciesThe introduction of the AWS Secret Region for the U.S. intelligence community comes six years after Amazon...

Milestones Chinese e-commerce giant Alibaba surpassed its U.S. counterpart Amazon as the world's biggest e-commerce company Tuesday as the Hangzhou-based company reached the threshold of 470 billion U.S. dollars in market value.… Alibaba's net profit jumped 96 percent to more than 2.1 billion dollars year-on-year in the first fiscal quarter ending June, beating market expectations. Moreover, the number of active buyers on Alibaba's retail platform climbed to 466 million, accounting for...

The censorship algorithms rolled out by Google no doubt figured prominently in Mattis’ discussions with tech executives. The nominal purpose of his visit, however, was to integrate Silicon Valley firms even more closely into the booming and lucrative business of waging war. On Thursday, Mattis met with Amazon CEO Jeff Bezos at the tech giant’s headquarters in Seattle. On Friday, he spoke at the headquarters of Defense Innovation Unit Experimental (DUIX), a Defense Department unit located...