Shares of Netflix were down over 10% after its earnings release Wednesday.
Author: Lauren Feiner, CNBC
Amazon is now facing an antitrust probe in the European Union, sources say
The European Union’s antitrust chief is planning to open a formal investigation into Amazon in the coming days, Bloomberg reported Tuesday.
IBM closes its $34 billion acquisition of Red Hat
IBM closed its $34 billion acquisition of Red Hat, the companies announced Tuesday.
Amazon plans a 43-story skyscraper in Seattle suburb
The proposed building, referred to as Bellevue 600, would have room to accommodate thousands of employees.
Amazon to donate $8 million to fight homelessness in its HQ cities, Seattle and Arlington
Amazon on Tuesday said it will donate $8 million to fight homelessness in HQ cities. It will also match up to $5 million in employee donations.
Google looks to challenge Amazon’s cloud market dominance with major acquisition
The purchase of Looker will add a new analytics tool for Google Cloud’s customers, giving the company an edge against industry leaderAmazon.