Friday, February 11, 2022

Report: Amazon has received $4.7B in tax breaks globally over the past decade; $4.1B was from the US and weak disclosure laws could put the rest well over $600M (Lauren Kaori Gurley/VICE)

Lauren Kaori Gurley / VICE:
Report: Amazon has received $4.7B in tax breaks globally over the past decade; $4.1B was from the US and weak disclosure laws could put the rest well over $600M  —  The report highlights how little is known about the cost of Amazon's expansion to taxpayers around the planet.  —  Lauren Kaori Gurley



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...