Early Thanksgiving online sales numbers are up 7% YoY to $15.6B, on par with pre-pandemic trends

Thanksgiving weekend has long been seen as the traditional start to the most important sales period for retailers, and so far, the indication is that we’re in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and has just put […]

Canada’s Competition Bureau sues to break up Google’s ad business

Canada’s antitrust watchdog is suing Google to force the breakup of the company’s ad tech unit. In a statement published Thursday, during the US Thanksgiving holiday, the Competition Bureau said a “thorough” investigation had found that Google had abused its dominant position in programmatic web […]

European Commission ends state aid case against Amazon with no tax payout

Amazon won’t need to pay the European Union €250 million ($263 million) in back taxes. On Wednesday, the bloc’s executive branch said it was closing three separate state aid investigations, including one involving Amazon. The decision ends one of the company’s longest-running legal sagas. In […]