Jeff Bezos

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Amazon’s complaint alleges that the company’s cloud computing division AWS would have won the Jedi contract but for flaws in the procurement process. Photograph: Emmanuel Dunand/AFP via Getty Images

Amazon was denied a $10 billion US defence contract because of “escalating and overt pressure” from President Donald Trump designed to hurt the compan(...)

The report singled out Amazon, which is run by the world’s richest person, Jeff Bezos, as the worst offender. Photograph: Friedemann Vogel/EPA

It’s been US president Donald Trump’s long-standing contention that Europe’s probe into the tax affairs of US multinationals, mainly those in the tech(...)

Amazon is one of six major US tech firms that have been accused of ‘aggressively avoiding’ $100 billion of global tax over the past decade. Photograph: Brendan McDermid

The big six US tech firms have been accused of “aggressively avoiding” $100 billion (€90.8 billion) of global tax over the past decade. Amazon, Faceb(...)

Kevin the carrot escapes injury and rushes back to his disturbingly attractive carrot-wife.

It’s Black Friday, the pre-Christmas religious festival that celebrates, I believe, the time Jesus went shopping (he went to a Temple; there are other(...)

‘Billionaires are difficult to wipe out. Wealth taxes are tough to collect and the wealthy adept at avoidance.’

Michael Bloomberg, creator of the eponymous financial data service, is considering a run for US president. An election between two billionaires. That(...)

Amazon will appeal a decision to grant a $10 billion defence contract to its rival Microsoft,  following accusations that Donald Trump manipulated the process. Photograph: Tom Brenner/Reuters

Amazon will appeal the Trump administration’s decision to grant a $10 billion (€9 billion) defence contract to its rival Microsoft, accusing the US go(...)

Some $800 billion is spent annually on trucking services in the US

Convoy, the on-demand truck-tracking company backed by U2 frontman Bono and lead guitarist The Edge, has been valued at $2.75 billion (€2.49 billion) (...)

Earthbound – for now – Richard Branson rings the bell on the floor of the New York Stock Exchange. Photograph: Brendan McDermid/Reuters

Image of the week: Galactic ambition With the stock ticker SPCE, Richard Branson’s Virgin Galactic Holdings launched this week, not into space, but o(...)

A Microsoft sign in Times Square, in New York. Microsoft won the US Defence Department’s 10-year Jedi cloud computing project over Amazon. Photograph: New York Times

Microsoft Corp has won the Pentagon’s $10 billion cloud computing contract, the US Defense Department said on Friday, beating out favorite Amazon. com(...)

Amazon partly blamed a $500 million “unfavourable impact” from foreign exchange rates. – Reuters

Amazon shares dropped 9 per cent in after-hours trading on Thursday, wiping about $80 billion (€72 billion) from its market value after the ecommerce (...)

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