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Uber has hit a roadblock in Europe. The European Union's top court denied the company's contention that it is a digital platform. The court ruled Uber is in the business of transportation.

Amazon's stock value briefly topped $1 trillion on Tuesday, a little over a month after Apple crossed the same milestone. The giant online retailer has been consistently profitable since 2015.

Amazon announced an additional 9,000 layoffs, citing economic uncertainty. The e-commerce company has already eliminated 18,000 positions.

Amazon's fourth Prime Day sale had a few hitches but is off to a strong start. The company's valuation increased so much that Jeff Bezos is now the richest man in modern history with his net worth topping $150 billion.

Price was suspended last week after producer Isa Hackett, who works on the Amazon series The Man in the High Castle, said he had "repeatedly and persistently" propositioned her.

CEOs of four Big Tech companies testified Wednesday before Congress in an antitrust hearing. They faced questions on issues of censorship, free speech and monopoly.

It was recently announced that Amazon was going to acquire Whole Foods, giving the web giant a physical presence in nearly 450 locations across the country.

The Federal Trade Commission says the online retailer's grocery deal would not hamper competition or provide an unfair advantage.

A mall real estate executive let slip that Amazon plans to build up to 400 walk-in stores. Analysts were skeptical, and now the executive says his comment wasn't intended to represent Amazon's plans.

The Atlantic Coast Conference is moving its headquarters away from Greensboro after 70 years. It will relocate to Charlotte.