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Amazon Woes Continue
Description
The bad week for Amazon ($AMZN@US) continued on Friday as the Luxembourg National Commission for Data Protection claimed that the tech giant did not comply with the EU General Data Protection Regulation and subsequently fined the company $887 million. A day prior, Amazon reported quarterly earnings of over $100 billion in sales but still missed analyst’s estimates. Shares of Amazon are down 6.82% at press time.
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