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Stockreport

FTC says Amazon executives destroyed potential evidence by using apps like Signal [Verge, The]

Amazon.com, Inc. (AMZN)  More Company Research Source: Verge, The
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Jeff Bezos, Andy Jassy, and other execs are accused of using the ephemeral messaging app for months after the feds notified Amazon of the antitrust investigation. Share this story FTC lawyers submitted a filing on Thursday that claims Amazon's top execs used Signal's disappearing messages feature to destroy evidence relevant to the agency's massive antitrust lawsuit . (You remember the one? The FTC accused Amazon of creating a secret “Project Nessie” pricing algorithm that may have generated more than $1 billion in extra profits Now, The Washington Post (which is owned by Amazon founder and former CEO Jeff Bezos) reports that Amazon is just one of several companies recently accused of turning to encrypted messaging apps like Signal that can permanently erase messages automatically. You may recall the government making similar arguments about Sam Bankman-Fried's use of Signal during his trial for fraud and how that verdict eventually shook out . Deleted chats were also a stick [Read more]

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Stockreport

FTC says Amazon executives destroyed potential evidence by using apps like Signal [Verge, The]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Jeff Bezos, Andy Jassy, and other execs are accused of using the ephemeral messaging app for months after the feds notified Amazon of the antitrust investigation. Share this story FTC lawyers submitted a filing on Thursday that claims Amazon's top execs used Signal's disappearing messages feature to destroy evidence relevant to the agency's massive antitrust lawsuit . (You remember the one? The FTC accused Amazon of creating a secret “Project Nessie” pricing algorithm that may have generated more than $1 billion in extra profits Now, The Washington Post (which is owned by Amazon founder and former CEO Jeff Bezos) reports that Amazon is just one of several companies recently accused of turning to encrypted messaging apps like Signal that can permanently erase messages automatically. You may recall the government making similar arguments about Sam Bankman-Fried's use of Signal during his trial for fraud and how that verdict eventually shook out . Deleted chats were also a stick [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS