In Brief

EU ends Amazon state aid case with no back taxes in its basket

Amazon can finally close the book on a long-running state aid saga in the European Union. The Commission confirmed Thursday it’s shuttered an investigation into whether Luxembourg, the Member State where Amazon has its EU HQ, had granted it “selective tax advantages.” The upshot is Amazon has no unpaid taxes to pay. The case dates

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FTC reportedly opens antitrust investigation into Microsoft

The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial Times. The agency is said to be looking into whether Microsoft violated antitrust law in multiple segments of its business, including its public cloud, AI, and cybersecurity product lines. Of particular interest to the FTC

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Investigators think a Chinese ship purposefully cut critical data cables  

European investigators are saying that a Chinese commercial ship purposefully dragged its anchor in order to slash through two critical data cables, according to the The Wall Street Journal. The Chinese ship had recently departed from Russia carrying Russian fertilizer when it crossed the Baltic Sea. Investigators say the alleged attack may have been orchestrated

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