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Showing posts with the label Amazon

Apple and Amazon spied by Chinese microchips

Chinese intelligence has used tiny chips, mounted in hardware equipment sold in the United States, to spy on American government and Corporations. The complaint comes from an investigation published by the agency Bloomberg, and coincides with the speech held a few days ago by Vice President Pence to accuse Beijing of interference in the U.S. political system.   At the heart of the operation is Supermicro founded by Taiwanese engineer Charles Liang in San José. This company produced the motherboard servers, the basic hardware components for dozens of customers, including Elemental Technologies, which in turn provided the technology used by Amazon Prime to compress the video of its streaming service. During a test of the products conducted in Canada, the technicians discovered microchips as large as the tip of a pencil, inserted inside the MOTHERBOARDS. As they were not part of the original design of the hardware, they alerted the American authorities. Hence the investigation...

President Donald Trump wants to tax Amazon more

Donald Trump does not like Amazon and already several times in the past he attacked the group and its CEO, Jeff Bezos, arguing that if he won the election he would have proposed much more restrictive laws. Now, Axios, the online newspaper, writes that the American President would be ready to go against Amazon asking for more taxes. According to the sources of this US political online paper, Trump is «obsessed» by Amazon and he wants to change the tax treatment because several of his friends told him that their businesses were destroyed by the online retail giant.  Amazon has destroyed the malls and stores, continues Axios, citing Trump's conversations. Several times on Twitter the US President attacked Amazon claiming that it had hit the retail industry causing job losses.  The common stock unit, which faces the worst month since 2016, widens the losses, and it enters the correction territory. In fact, the shares of the e-commerce colossus lose 10.9% compared to the ...