Amazon spending

Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he reflected on how the company found a way to increase demand amid ‘macroeconomic’ challenges and other challenges it faced in the past year. In his letter, Jassy also asked employees to work from the office at least three days a week from May.He said that invention happens when employees work in person and that working from home is not “the best long-term approach.”“We also looked hard at how we were working together as a team and asked our…

Amazon.com Inc., Apple Inc. and Microsoft Corp. broke their lobbying spending records last year as they fended off heightened scrutiny of their business models and power over the US economy. Meta Platforms Inc. and Alphabet Inc.'s Google spent slightly less than previous years, but they both still landed among the top 10 spenders in Washington. In total, the top tech companies spent nearly $70 million on lobbying in 2022, outstripping other industries including pharmaceuticals and oil and gas, according to a…