Shares of Alphabet Inc. (NASDAQ: GOOGL) inches down in pre session on Thursday after big American IT businesses are suddenly discovering how hard it is to decrease personnel in Europe after announcing the greatest rounds of layoffs in their history. In the US, businesses may announce large layoffs and fire hundreds or even thousands of employees in a few of months, and many have. As a result of labor rules that make it nearly hard to fire someone in some nations without first consulting employee interest organizations, huge layoffs by IT companies in Europe have halted. As a result, thousands of computer workers are now in a state...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) inches down in pre trading session on Thursday as the British antitrust officials have begun looking into Amazon's $1.7 billion acquisition of robot vacuum manufacturer iRobot. According to a statement released on Thursday, the Competition and Markets Authority is debating whether the merger will "substantially decrease competition" in the UK. The U.K. watchdog first requested feedback on the agreement from "any interested party." The Federal Trade Commission is already investigating the acquisition in the United States due to concerns over Amazon's expanding market dominance. During the deal's announcement last year, consumer advocacy organizations expressed worry that it would strengthen the e-commerce giant's...

Shares of Alphabet Inc. (NASDAQ: GOOGL) inches down in pre session on Thursday after big American IT businesses are suddenly discovering how hard it...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) inches down in pre trading session on Thursday as the British antitrust officials have begun looking into Amazon's...