Amazon

Big Tech

Amazon Scores Big Win in EU Tax Fight

Photo by Anirudh via Unsplash

In a prime legal win for Amazon, the European Union’s top court ruled that it does not have to pay €250 million in alleged back taxes.

2 min read

Photo by Christian Wiediger via Unsplash

Consumer

Online Luxury Shopping Just Isn’t Cool Anymore

The e-commerce luxury market has taken a big dip, placing the platforms that focus on luxury goods in hot water.

1 min read
Photo by Web Summit via CC BY 2.0

Patent Drop

Amazon is Narrowing the Gap in the AI Race

The company filed a patent for a way to make AI models easily using pre-built machine learning models.

3 min read
Photo by Anthony Quintano via CC BY 2.0

Big Tech

Meta’s Paid Ad-Free Plan Gets Hit With Privacy Lawsuit

Mark Zuckerberg’s newest nemesis, Max Schrems, says Meta’s new pay-for-privacy subscription doesn’t comply with EU laws.

2 min read

Big Tech

Amazon’s Healthcare Dreams Are Fractured

(Photo by National Cancer Institute on Unsplash)

Amazon, along with its Big Tech brethren, has long been trying to break into the healthcare market. But it’s not going as planned.

2 min read

Photo by Ernie Journeys via Unsplash

Banking

Wells Fargo Branches Join America’s Union Push

Workers at two Wells Fargo locations launched efforts to unionize this week, marking a rare unionization effort in the banking world.

2 min read
Photo by Thirdman on Pexels

Patent Drop

Special Report: How Big Tech Makes You Buy

As the holiday season approaches, consumers and tech companies alike have shopping on the brain.

3 min read
(Photo by Erik Mclean on Pexels)

Autos

Hyundai Says it Will Start Selling on Amazon

Hyundai will sell its cars directly on Amazon, marking the first major auto brand to list on the massive e-commerce platform.

1 min read

Big Tech

Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

(Photo by Chris Nagahama on Unsplash)

Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.

1 min read

(Photo by Impuls Q on Unsplash)

Healthcare

Amazon Offers Prime Members a Discount For its Posh Healthcare Service

Amazon said Wednesday it plans to offer Prime subscribers low-cost annual memberships to its boutique One Medical primary care business.

1 min read
(Photo by Daniel Oberhaus under CC BY 2.0)

Big Tech

FTC Gets Specific in its Amazon Antitrust Case

Amazon, at the behest of its billionaire founder, intentionally packed its search results pages with junk ads, the FTC alleges.

2 min read
(Photo by Web Summit under CC BY 2.0)

Technology

Amazon Spins Up New Cloud Division for Europe

Amazon said Wednesday that its Amazon Web Services cloud division is launching a “European Sovereign Cloud.”

1 min read

Big Tech

Amazon May Boost Quantum Power for AWS

Photo by Tony Webster under CC BY 2.0

Though quantum computing is far from an everyday reality, the possibilities it offers are powerful. Amazon may want in on the ground floor.

3 min read

(Photo by Marius Christensen on Unsplash)

Media & Entertainment

NBA Gears Up For Major Media Contract Negotiations

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

2 min read
(Photo by Erik Mclean on Pexels)

Big Tech

Amazon’s Prime Day Isn’t About Sales Anymore

Amazon’s October Prime sales event wrapped up Tuesday, and this year saw a massive shift in consumer behavior.

1 min read
(Photo by Aboodi Vesakaran on Unsplash)

International Economics

Ireland Is Launching a Sovereign Wealth Fund

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.