Amazon has accused President Trump of creating an “environment of corruption” at the Department of Defense, resulting in the Pentagon’s decision to reject AWS’ bid for a $10 billion cloud services contract. In a previously sealed 175-page complaint, Amazon argued that President Trump effectively steered the Joint Enterprise Defense Infrastructure (JEDI) contract to Microsoft, even though AWS’s...
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The Clubhouse Investment Boom: The Information’s Tech Briefing

Just when you think the stock market excesses couldn’t get any crazier, along comes GameStop. In the space of a few hours today the stock, which was trading at $20 two weeks ago, more than doubled to a high of $159 before collapsing back to $76.79. Like a lot of other stocks bouncing around like a yo-yo lately—video-streaming service FuboTV comes to mind—trading in GameStop is...
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