AMZN

Amazon buys self-driving company Zoox. The Everything Store is paying about $1.2 billion to acquire the startup, according to a report in The Wall Street Journal. Reports of a possible deal had first surfaced a month ago, also in The Journal. Amazon is thought to be interested in self-driving technologies as a way to one day automate its delivery fleet, but for now ,Zoox says Amazon will help roll out the self-driving taxi service it's been developing. Amazon has previously made minority investments in self-driving truck company Rivian Automotive and self-driving company Aurora Innovation, which also is now working on a self-driving truck. Tesla's Elon Musk used the Zoox acquisition as an opportunity to try to troll Jeff Bezos, accusing him on Twitter of being a "copy cat." It is the latest example of Musk's displeasure with Amazon, which he has called a "monopoly" that should be broken up.
 
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More Sanders v. Amazon

Sen. Bernie Sanders has unveiled a bill called the "Stop Bad Employers by Zeroing Out Subsidies Act," and in case you might be wondering who the primary target is there, the snappier version is the "Stop Bezos Act." Sanders says he's also gunning for McDonalds, Walmart and American Airlines, though. Here's the upshot: "The Stop Bezos Act gives large employers a choice: pay workers a living wage or pay for the public assistance programs low wage workers are forced to rely upon." Fox Business
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The one thing Sanders and Trump has in common: Both anti AMZN.
 
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