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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

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
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Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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