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Amazon Sued by D.C. AG in Antitrust Suit Over Pricing

May.25 — Amazon.com Inc. was sued by the attorney general for Washington, D.C. Karl Racine accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers. Meanwhile, Amazon is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter. Spencer Soper reports…

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May.25 — Amazon.com Inc. was sued by the attorney general for Washington, D.C. Karl Racine accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers. Meanwhile, Amazon is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter. Spencer Soper reports on “Bloomberg Daybreak: Australia.”

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5 Comments

5 Comments

  1. Sir Derty ✓

    May 25, 2021 at 11:24 pm

    They need to stop the merger and monopoly of big media, in tv media news, and also in social media monopolies.

    • Sir Derty ✓

      May 25, 2021 at 11:25 pm

      including amazon like washington post and now others .. why does disney and amazon need to give us news formed in their vision? that says odd things about what their motives are for running all these news corps they buy out…

  2. Brain G

    May 25, 2021 at 11:38 pm

    Get em

  3. L C

    May 25, 2021 at 11:42 pm

    In Rocky, the underdog finally won. A little late for all the retailers who have been socked out of the marketplace by Amazon, and Wal Mart.

  4. Patrick Asplund

    May 26, 2021 at 12:28 am

    You do know what’s going to happen right? Amazon plays dirty. They’ll still sell you the same shit, at the same price and you’ll have a “Grand Total $100”. And below that you’ll have a line called “Karl Racine Tax $20= $120”. He will be synonymous with something people hate (paying more money for cheap shit like toilet paper) and it’ll ruin him.

    Item: Anal Bead Vibrator
    Price:$89

    State Tax: $6.50
    Federal: $3.50

    Expedited Shipping
    $11.00

    Some other stupidity
    $10

    AMAZON SAVED YOU 10%
    TOTAL: $100

    add KARL RACINE TAX:
    $20

    $120

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Bloomberg Technology

SpaceX Starship Rocket Takes Off From Texas

Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability.
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SpaceX Halts Starship Launch, Lenovo Soars on AI Growth | Bloomberg Tech 5/22/2026

Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI…

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Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI growth.

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00:00:00 – Bloomberg Tech Begins
00:01:12 – Loren Grush, Bloomberg News
00:04:03 – Laura Crabtree, Epsilon3 CEO
00:11:54 – Winston Cheng, Lenovo CFO
00:19:02 – Dana Wollman, Bloomberg News
00:24:18 – Brody Ford, Bloomberg News
00:26:38 – Michelle Chang, Zoom CFO
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Lenovo CFO Weighs In on Strong AI Growth

Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.”
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