Amazon’s relatively low tax bill in the UK has been a contentious issue for years. As online sales soared, driven by the COVID-19 restrictions adopted in 2020, the company nevertheless displayed a tax-to-turnover ratio of just 0.37 percent.
Good government is hard. It’s often boring and unrewarding. Some of the most important policies we can enact won’t make for a good cable news hit -- but we need them.
Amazon has drawn backlash on social media for being “nefarious” after offering people $10 to enroll in its controversial palm print recognition system. The tech uses biometric scanners to identify shoppers and verify payments.
Amazon hit with $887 million fine by European privacy watchdog as it sees $148 billion in market value wiped out after missing sales forecast—Bezos still world's richest person.
More than 66,000 people have signed two petitions calling to Amazon founder Jeff Bezos to not return to earth after he leaves the planet on a Blue Origin rocket next month.
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.
A new book explains how the world’s richest man is pursuing wild interplanetary plans funded by an army of Chinese online sellers, sponsored adverts and Hollywood movies. It’ll make you want to cancel your Prime subscription.
