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Weekly Roundups

Amazon Calls for a Truce in Legal Fight with Microsoft

By MBN Staff | Fri, 02/14/2020 - 12:52

Amazon pauses the US Defense Department's US$10 billion JEDI cloud contract with Microsoft. A Federal Claims Court judge granted the big tech an injunction on Thursday, while the fight goes on. Amazon alleges that it lost out on the military contract because of pressure from President Donald Trump, reports BBC.

Quartz’s Marc Bain reported this week that Amazon is, just like Dua Lipa in her new song, getting physical. With more than 500 brick-and-mortar stores across the US, the e-commerce giant is rapidly expanding its offline presence.

Meanwhile, Mark Zuckerberg accepted Facebook may have to pay more tax in Europe. The company’s CEO is scheduled to speak at the Munich Security Conference on Saturday, alongside 35 heads of state, the NATO secretary general and other high-ranking officials. According to Político, Zuckerberg will reportedly say in his speech tomorrow. "I understand that there’s frustration about how tech companies are taxed in Europe. We also want a tax reform and I’m glad the OECD is looking at this." 

More news below:

  • The British government is tasking broadcast regulator Ofcom with the regulation of social media. Under the draft legislation, Ofcom will have to ensure that Facebook and Twitter likes abide by a new legal "duty of care" to protect users from harmful content ranging from bullying to terrorist material, reports Bloomberg.

  • Google is appealing antitrust fines levied against it for allegedly favouring its own shopping comparison tool over smaller European rivals. The case could determine how the EU deals with US tech firms accused of abusing market power.

  • The US has dialled up the pressure on Huawei by hitting the Chinese company with new charges: racketeering conspiracy and conspiracy to steal trade secrets. Previous charges covered financial fraud and sanctions violations, according to WSJ.

  • Pinterest is now under pressure following news that Facebook has released a competing app called ‘Hobbi’.
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