VENTURE CAPITAL POST

Ruling out North America's claim that European antitrust authority is going in an anti-US bias in dealing with Google and Apple, the European Competition Commissioner (ECC) Margrethe Vestager has termed it as a misleading notion of the world's largest economy. Vestager has been criticized in the US media for her role in opening multiple cases against the US corporate giants Google, Apple, Amazon and Starbucks during the past one year. Vestager has become the target of the US media as European regulators are protecting EU companies from the US competition.

Amazon is disallowing the sale of media-streaming devices from Apple and Google. In an e-mail to its marketplace sellers, the Web retailer says that after October 29, it will no longer sell Apple TV's and Google Chromecasts. "It's important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion," said Amazon in the e-mail.

The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.

Amazon just unveiled their latest gadget, the Amazon Fire HD 10. It is the widest tablet offered by Jeff Bezos's company and it comes with a price tag far cheaper than any other high-end tablet by another manufacturer at $229.

Amazon is venturing on meal delivery partnering with restaurants near Seattle, and is currently hiring jobs for the Seattle headquarter and in New York. Amazon Inc. is currently hiring staff for its newest division; the Amazon Restaurants. The department is opening 15 job vacancies in Seattle and New York. Six separate postings are from Amazon Restaurant and Travel.

Apple Inc is reportedly moving into the original programming business to compete with Netflix and other video streaming companies.

Amazon announced Wednesday that it will offer its Prime Instant Video service in Japan next month, going toe-to-toe with rival Netflix in the video streaming industry.

FAA reported that there had been almost 700 close encounters between drones and planes. Drones have no permissions to soar the sky of more than 400 feet off the ground or within the five miles of any airport, but on the day of August 15, drones messed with air traffic in the Unites States, dozens of them.

In The Seattle Times Friday edition, the ACLU placed a whole page ad looking for current and former Amazon employees who believe they were mistreated during their employment .

Reacting to the New York Times investigation report on the world's most valuable online retail major, many Amazonians came down heavily condemning the report. New York Times website is flooded with comments from employees at Amazon.

Amazon CEO Jeff Bezos reacted about the negative story published on August 15 on the New York Times, regarding the ruthless management practices inside the Amazon workplace. He's attesting that the report is a false accusation. Hence, he's persuading the employees to email him or approach the HR concerning the matter.

Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.

Amazon Inc., through its subsidiary Amazon Web Services (AWS), will be building a 208 megawatt wind farm in North Carolina. The wind farm will be built and jointly operated by AWS and Iberdrola Renewables, LLC of Portland, Oregon, and is the first utility-scale wind farm in the state.

Amazon is not going to get away with the sales spotlight as Wal-Mart launches its own version of Prime Day Wednesday, bringing the battle for sales spotlight to a whole new level.

Ahead of the release of its second generation flagship handset, smartphone maker OnePlus gave away a batch of 1,000 of their custom version of Google's Cardboard Virtual Reality viewer for free, charging only a minimal fee for shipping the item.