On Thursday, Amazon’s founder and former CEO, Jeff Bezos, announced his departure from Seattle—the very city where he laid the foundation for what would become one of the world’s largest online retailers.
Amazon, the e-commerce titan valued at $1.3 trillion, is facing a landmark lawsuit from the Federal Trade Commission (FTC) and 17 U.S. states, charging it with “illegal conduct” aimed at maintaining a monopoly in the online retail space.
The Global Disinformation Index (GDI), a foreign think tank headquartered in the United Kingdom, released an assessment of American online media designed to blacklist conservative media outlets and choke off their advertising revenue. The information is kept on what GDI calls its “Dynamic Exclusion List.”
Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.