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Amazon’s stock is now trading around 3 per share, an increase of more than 7 percent from yesterday’s close of 2. That’s up more than 94 percent from where it was to start the year.
Amazon’s Grandinetti testified that the company?initially fought the move by publishers to control pricing, before agreeing to it reluctantly.?“We wanted to avoid losing most or all of their titles,” he said on the stand, according to the Wall Street Journal. He testified that the terms of Apple’s agreements weren’t brought up by the publishers in their talks with Amazon.
Amid the churn, there have also been some welcome instances of big companies lending a helping hand to the small and mediumsized firms. Hong Kong-based Centaline Group, a leading Chinese property agency, has set up Yuancui Information Technology, a platform that helps small and medium-sized property agencies to leverage on its extensive resources for further business development.
Amazon’s U.S. East operation dates back to the very inception of AWS itself, and over the last few years it has been showing its age. AWS has opened data centers around the world since launching in 2006, but is believed to rely on U.S. East data centers for a lot of its service.
Amazon’s streaming service registered more than 5 billion total hours watched in the second quarter, up 63% from the first quarter — further distancing itself from its closest competitors at a pivotal moment for the industry, a new report says.
来源：资阳报