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Amazon CEO Jeff Bezos testifies virtually before the US House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law in Washington on July 29, 2020

Canada Probes Amazon Over 'Potential Abuse Of Dominance'

Canada probes Amazon over 'potential abuse of dominance'

Amazon To Launch Online Pharmacy Service In India As Part Of Greater Investments In Country

Amazon could deliver satellite-based internet service to the US and other parts of the world without reliable access through its Project Kuiper, which will deploy some 3,000 satellites

Amazon will be competing with a host of local online medicine retailers in India

Epic Games Invites Apple's Fury After Slashing 'Fortnite' Currency Prices And Offering Direct Payments

Epic's decision to step around the service fee charged by Apple is another step in the company's path to carving out a larger piece of the video game industry's financial pie.

People receive free face masks at a Salvation Army Community Center in New York City

Bezos, Dimon Other CEOs Pledge To Hire 100,000 Minority Workers In New York

Minority, low income New Yorkers have suffered the most from unemployment and the pandemic

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Big Tech firms Apple, Google, Amazon and Facebook reported generally robust results that highlighted the importance of the companies to pandemic-hit consumers

Big Tech Firms See Robust Results In Pandemic-hit Quarter

Big Tech firms see robust results in pandemic-hit quarter

IBT Staff Reporter Jul 30, 2020

Amazon has told employees to dump the TikTok mobile app, according to a Wall Street Journal report

Biden Tax Plan Could Cost Amazon Billions

Over the last three years, Amazon has taken more money from the U.S Treasury than it's paid in. That could finally end.

Jeremy Bowman Jul 30, 2020

Amazon CEO Jeff Bezos saw his wealth grow by a third during the COVID-19 lockdowns

Jeff Bezos Antitrust Hearing: Amazon CEO Confronted On Third-Party Seller Treatment, Pleads Ignorance

The Amazon CEO frequently claimed ignorance of the specific claims and evidence presented by members of the House antitrust committee.

Thomas Kika Jul 29, 2020

MacKenzie Scott, Formerly Bezos, Donates $1.7B Of Personal Wealth To Various Organizations

Jeff Bezos' ex-wife gave a charitable update in a blog post.

Sarah Guy Jul 29, 2020

Silicon Valley has long relied on foreign talent, such as Google CEO Sundar Pichai, to boost its bottom line

Big Tech On Capitol Hill: Here’s What the CEOs of Google, Amazon, Apple and Facebook Will Tell Congress

The four CEOs will appear before a House subcommittee to argue against any potential changes or new proposals to antitrust laws that could stifle the growth of big tech in the U.S.

Kevin Billings Jul 29, 2020

Facebook chief Mark Zuckerberg, shown in this 2019 file photo, will tell a major antitrust hearing July 29, 2020, that the internet giant would not have succeeded without US laws fostering competition -- but that the rules of the internet now need updatin

Zuckerberg And Bezos To Defend American Success Stories

Zuckerberg and Bezos to defend American success stories

IBT Staff Reporter Jul 28, 2020

MacKenzie Scott Gives Nearly $1.7 Bn Of Amazon Fortune To Social Causes

MacKenzie Scott gives nearly $1.7 bn of Amazon fortune to social causes

AFP News Jul 28, 2020

Facebook Says EU Antitrust Probe Invades Employee Privacy

Facebook says EU antitrust probe invades employee privacy

AFP News Jul 28, 2020

A House panel has postponed a highly anticipated antitrust hearing with the CEOs of Apple, Amazon, Facebook and Google, originally set for July 27

Google, Apple, Facebook, Amazon Hearing Over Anti-Trust Laws To Begin Wednesday

The hearing involves the extended investigation into the competition between the biggest names in tech.

Bobby Ilich Jul 25, 2020

US Congressional Antitrust Hearing With Big Tech CEOs Postponed

US congressional antitrust hearing with Big Tech CEOs postponed

AFP News Jul 24, 2020

Twitter CEO Jack Dorsey, seen here in 2019, apologized for the hack affecting prominent accounts and said the company was taking steps to improve resiliency

Twitter May Launch Subscription Service Soon

Twitter CEO Jack Dorsey said that the company is considering offering a subscription service to users as it deals with the impact of COVID-19 and a recent hack that compromised many accounts.

Julio Cachila Jul 24, 2020

Twitter's Jack Dorsey, pictured in November 2018, has pledged $3 million for the group Mayors for a Guaranteed Income

Twitter Hack: Biden, Obama, Binance Accounts Hacked To Promote Crypto Giveaway Scam

The message posted on the hacked Twitter accounts enticed users to send Bitcoin to a certain address in order to receive double the amount sent.

Vincent Mislos Jul 15, 2020

Kanye West, Barack Obama, Joe Biden’s Twitter Accounts Hacked

Social media accounts of various notable personalities like Kanye West, Joe Biden, Barack Obama, and many more were hacked on Wednesday.

Aayush Sharma Jul 15, 2020

PPP, EIDL, and MSLP loans all come with different restrictions on how their funds can be spent.

'Millionaires For Humanity' Call On Increased Taxes For The World's Rich To Help Pay For Coronavirus Relief

More than 80 of the world's well-to-do, including Disney heirs, make plea in an open letter

Kevin Billings Jul 13, 2020

Tesla founder Elon Musk said he expects to have fully autonomous technology known as Level 5 for vehicles this year, but some of his previous predictions on this have failed to materialize

Elon Musk vs. Warren Buffett: Which Billionaire Has The Bigger Net Worth?

Tesla CEO Elon Musk became the seventh richest man in the world on Friday, with his net worth now surpassing that of Berkshire Hathaway CEO Warren Buffett.

Wesley Dockery Jul 11, 2020

SpaceX, Blue Origin Could Send NASA Mission To Jupiter's Moon

A newly released congressional appropriations bill could provide private companies such as SpaceX and Blue Origin with the opportunity to carry out commercial spaceflights for NASA missions to Jupiter’s moon Europa.

Inigo Monzon Jul 08, 2020

Warren Buffett, CEO of Berkshire Hathaway, arrives at the May 2019 shareholder meeting in Omaha, Nebraska

Warren Buffett Donation: Billionaire Investor To Donate $2.9 Billion In Shares In Annual Philanthropic Gesture

The wealthy investor and Berkshire Hathaway CEO has pledged to donate 99% of his wealth to charity.

Thomas Kika Jul 08, 2020

The chief executives of Amazon, Apple, Facebook and Google will be allowed to appear virtually while testifying before the US House Committee on the Judiciary during an antitrust investigation hearing

Tech Titan Chiefs To Testify At US Antitrust Committee

Tech titan chiefs to testify at US antitrust committee

AFP News Jul 06, 2020

MacKenzie Bezos Net Worth: Jeff Bezos Ex-Wife Now 22nd Richest Person In The World

MacKenzie Bezos is the 22nd richest person in the world. With her $36 billion net worth, she ranks fourth on the richest women list of 2020 behind Alice Walton, Julia Koch and Françoise Bettencourt Meyers.

Ernesto Soliven Jul 01, 2020

Aicha Evans, CEO of the self-driving technology development company Zoox, speaks at the Amazon Re:MARS conference on robotics and artificial intelligence; the company is being acquired by Amazon, according to a June 26 announcement

Amazon Acquires Zoox: What Could Its Plan Be For The Autonomous Driving Start-Up?

Amazon has acquired autonomous driving start-up Zoox for a reported $1.2 billion, leading many to speculate about how its technology will be used by the e-commerce giant.

Thomas Kika Jun 27, 2020