The New York Stock Exchange finished higher on Monday, led by technology stocks as investors continued to bank on measures to support the economy. Apple and Amazon have also taken advantage of upcoming events they are organizing. The Apple brand will present new products on Tuesday that could include an iPhone compatible with 5G networks. The […]
Tag: Amazon
Gabon has taken the Covid-19 shock
” We were faced with a second exogenous economic shock in six years .” Jean-Marie Ogandaga, Minister of the Economy, Prospective and Development Programming of Gabon, thus summarizes the impact of Covid-19 this year on his country during a visit to Paris last week. The pandemic has not had a strong health impact in Gabon, with only 54 officially […]
OECD: the digital tax held hostage to the American political blockage
The glass is only half full. Meeting Thursday and Friday under the aegis of the Organization for Economic Co-operation and Development (OECD), the 137 countries negotiating a reform of the digital tax system for large companies could only note the absence of a final agreement. However, they adopted a report which defines the overall framework of this […]
Focused on the cloud, IBM splits its activities into two listed companies
At 109 years old, it is not too late to draw a line on your past and reinvent yourself. This is the conviction of recently appointed IBM boss Arvind Krishna, who is preparing to split the age-old IT company into two listed companies. On the one hand, cloud technologies on which “Big Blue” relies to regain growth. On the other, […]
US Big Tech Firms Accused of Monopoly as Congress Finishes Antitrust Report
A 450-page antitrust report was released on Tuesday after a 16-month investigation into the four tech giants revealing that Amazon, Apple, Facebook, and Google each hold monopoly power.
The fortune of billionaires hits records with the Covid-19 pandemic
The fortunes of the “super-rich” increased by more than a quarter at the height of the crisis, in April, to stand at $ 10.2 trillion. The bosses of technological or innovative companies like Jeff Bezos or Elon Musk have considerably increased their wealth. Social distancing, teleworking, the end of large gatherings … temporarily or not, the […]
Jeff Bezos says Amazon is donating $690,000 to Australian bush fire efforts
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Billionaire Amazon founder Jeff Bezos has announced his company will donate $690,000 to bush fire relief efforts in Australia. In an Instagram post on Sunday, Bezos pledged 1 million Australian dollars ($690,000) on behalf of the tech giant — […]
How Amazon, Google, others are fighting ‘porch pirates’
Package theft is at an all-time high, with 1.7 million packages stolen or lost every day in the U.S., according to researchers at Rensselaer Polytechnic Institute. As Amazon drives more shopping online, Prime members say they receive on average 51 packages a year, and one in three Americans report having at least one package stolen, […]