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AMC Entertainment Shares Jump on Report That Amazon Could Buy It

By Jessica Toonkel
· · Source: The Daily Mail

Shares of AMC Entertainment were up 30% Monday after the U.K’s Daily Mail reported that the e-commerce giant had held talks about acquiring the struggling movie theater chain. Such an acquisition would surely be a saving grace for AMC, which has been rumored to be considering a bankruptcy filing amid a shutdown of its theaters due to the coronavirus pandemic. But Amazon is often rumored to be an...

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The Real Threat to Google and Alphabet Isn’t Antitrust Case
By Nick Bastone and Christopher Stern · Oct. 20, 2020 5:45 PM PDT
The Real Threat to Google and Alphabet Isn’t Antitrust Case

The just-filed U.S. antitrust case against Google’s web search dominance likely will take years to be resolved and, even if successful, may not cut into Google’s business by much.

Instead, competition from powerful companies such as Amazon and Facebook as well as young foes like TikTok pose the biggest risk to Google’s fortunes. An antitrust challenge, therefore, is less of a ...

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