Jeff Bezos Loses $5 Billion Amid FTC Amazon Lawsuit

In the wake of the Federal Trade Commission’s antitrust lawsuit filed against Amazon on Tuesday, the e-commerce giant and its CEO, Jeff Bezos, are already taking a financial hit. On Tuesday, the FTC — along with 17 state attorneys general — filed a lawsuit against Amazon, alleging that the company engaged in anticompetitive practices, unfairly …

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The internet industry is suing California over its net neutrality law

The internet industry is suing the state of California over its days-old net neutrality law. The lawsuit, filed on Wednesday by major trade groups representing broadband companies, is the second major lawsuit filed against the state over the law — the first was brought by the Justice Department. On Sunday evening, California Governor Jerry Brown …

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