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Amazon’s 2Q profits miss Wall Street expectations

Amazon’s ramped up investments into speedier delivery for its Prime customers squeezed second-quarter profits. The Seattle-based company says profits for the three-month period ended June 30 was $2.62 billion, or $5.22 per share. That compares with $2.53 billion, or $5.07 ...

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Amazon’s 2Q profits miss Wall Street expectations

Amazon’s ramped up investments into speedier delivery for its Prime customers squeezed second-quarter profits. The Seattle-based company says profits for the three-month period ended June 30 was $2.62 billion, or $5.22 per share. That compares with $2.53 billion, or $5.07 ...

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Justice Dept. puts Big Tech under the antitrust microscope

Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies ...

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Justice Dept. puts Big Tech under the antitrust microscope

Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies ...

Read More »

Facebook’s new currency plan is under scrutiny in Congress

Facebook’s ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve. Congress begins two ...

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Facebook’s new currency plan is under scrutiny in Congress

Facebook’s ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve. Congress begins two ...

Read More »