Italy has joined the U.S. in opposing taxes on digital services, signaling a shift in its stance on a tax levied against major tech companies, including Apple Inc. AAPL, Amazon.com, Inc. AMZN, Alphabet Inc.’s GOOG GOOGL Google, and Facebook-parent Meta Platforms, Inc. META.
Category: Retail & Wholesale
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Temu And Shein To Raise Prices Amid US Tariffs, Slash Ad Spend On Apple, Meta – PDD Holdings ( NASDAQ:PDD )
Temu and Shein to raise prices starting April 25, shifting tariff burden onto consumers as U.S. tariffs on Chinese goods increase. Temu cuts U.S. ad spend and sees sharp decline in App Store rankings, while facing impact of 145% tariff on Chinese imports.
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Jeff Bezos Sells Seattle Mansion For Record $63 Million After Moving To Florida’s ‘Billionaire Bunker’ – Amazon.com ( NASDAQ:AMZN )
Jeff Bezos, the founder of Amazon Inc. AMZN, has sold his Seattle mansion for $63 million. Bezos and his fiancée, Lauren Sanchez, have since moved to Miami, where they now reside in a $237 million compound.