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Lacrosse star Paul Rabil ditched Major League Lacrosse to launch a competitor, Premiere Lacrosse League. Now he's scored an NBC deal and an investment from Alibaba exec Joe Tsai.
Inc.’s sudden move to abandon plans for a new campus in New York ends the protests in the city but doesn’t remove the national scrutiny being placed on the company, according to corporate reputation and management experts. “There are two very energetic forms of populism in the U.S. right now, one on the left and one on the right, and neither likes Amazon that much,” said Brayden King, professor of management at Northwestern University’s Kellogg School of Management. In the short term, experts said, Amazon likely would see little impact to its sales.
Steve Ballmer may bleed Microsoft, but that didn’t stop him from delivering a flesh wound to his former employer. AWS, Amazon.com’s giant cloud computing service, announced Friday a deal to provide data analytics and artificial intelligence services for the CourtVision service owned by the Los Angeles Clippers.
Amazon has had a bad week but there is some comfort for the tech titan – it will not pay a single cent in income tax on the $11.2bn of profits it made last year. In 2018, Amazon nearly doubled its profits, from $5.6bn to $11.2bn.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Looking at Citigroup Inc.'s (NYSE:C) earnings updateRead More...
The tech giant may not be able to increase its e-commerce revenue as fast as it used to, but you'll appreciate where it is growing the fastest.