The leaders of Amazon, Apple, Facebook and Google fended off accusations Wednesday that their companies stifle competition, under intense questioning from lawmakers who have been i nvestigating Big Tech’s market dominance for the past year. Amazon’s Jeff Bezos, in his first appearance before Congress, Facebook’s Mark Zuckerberg, Sundar Pichai of Google and Tim Cook of Apple…
Tag: amazon

Amazon paid a 1.2% tax rate on $13,285,000,000 in profit for 2019
Last year, Yahoo Finance reported that Amazon (AMZN) paid a shockingly low amount in federal income taxes in 2018 on more than $11 billion in profits: $0. But this year, while the company says it has paid “billions” in taxes for the year 2019, in reality it only paid $162 million in federal income tax — an effective tax…

The Grey Report
US EMBASSY ATTACK IN BAGHDAD PRO-IRAN MOB ‘DEATH TO AMERICA’ DIPLOMATS IN SAFE ROOM TRUMP: TEHRAN WILL PAY BUCHANAN: Will War Derail Trump Reelection? Lewandowski Announces He’s NOT Running for Senate… ‘I would have won’… US Army Bans Soldiers From Using TIKTOK… Revelers around world usher in new decade… Drones patrol Times Square… 10 years…

Behind The Smiles
Amazon’s internal injury records expose the true toll of its relentless drive for speed By Will Evans | November 25, 2019 When Candice Dixon showed up for her first day of work at an Amazon warehouse in Eastvale, California, she stepped into a wonder of automation, efficiency and speed. Inside the sprawling four-story building in Southern California’s Inland…

THE GREY REPORT
WARREN PLAYS TO EMPTY HALL PETE DRAWS BIGGEST CROWD BLOOMBERG TO SKIP IA, NH… WSJ: Could be strong nominee… Scaramucci: Trump sees threat… Wealth gives him options rivals don’t enjoy… JUDGE JUDY: He can unite ‘fractured American family’… BIDEN PLAYS IT COOL… INSTAGRAM TO START HIDING LIKES IN USA… Bannon testifies Stone was campaign link…

Jeff Bezos’s Master Plan
Where in the pantheon of American commercial titans does Jeffrey Bezos belong? Andrew Carnegie’s hearths forged the steel that became the skeleton of the railroad and the city. John D. Rockefeller refined 90 percent of American oil, which supplied the pre-electric nation with light. Bill Gates created a program that was considered a prerequisite for turning…

THE GREY REPORT
7.1 MAG ROCKS CA 125 MILES N OF LA L I V E LATEST PHOTOS, VIDEOS AFTERSHOCK EVERY MINUTERussia readying S-400 missiles for Turkey amid warnings of U.S. sanctions on NATO ally… Will Continue To Develop Venezuelan Armed Forces… COCO GOES LOCO: Fairy Tale Continues at Wimbledon… Malfunctioning sprinkler wreaks havoc… Will Women’s World Cup…

Amazon could face heightened antitrust scrutiny under a new agreement between US regulators
Amazon could face heightened antitrust scrutiny under a new agreement between U.S. regulators that puts it under closer watch by the Federal Trade Commission, three people familiar with the matter said. The move is the result of the FTC and the Department of Justice, the U.S. government’s leading antitrust enforcement agencies, quietly divvying up competition…

AMAZON LISTENING TO YOUR ‘ALEXA’
Amazon Workers Are Listening to What You Tell Alexa Tens of millions of people use smart speakers and their voice software to play games, find music or trawl for trivia. Millions more are reluctant to invite the devices and their powerful microphones into their homes out of concern that someone might be listening. Sometimes, someone…

AMAZON PAYS NO FEDERAL TAXES…
Amazon, the e-commerce giant helmed by the world’s richest man, paid no federal taxes on the profit of $11.2 billion last year, according to an analysis of the company’s corporate filings by the Institute for Taxation and Economic Policy (ITEP), a progressive think tank. Thanks to a variety of tax credits and a significant tax…