According to the Washington Post, Amazon put $1.5 million toward Seattle City Council races this cycle, via a business-interest group to support an opponent of that spent nearly half a million dollars in support of Kshama Sawant, who has pledged to raise taxes on the retail giant. In the end, Amazon lost the race.
What party is Kshama affiliated with?
How much of the vote did she receive?
Explain her “head tax ” and why big business is against her.
According to Business Insider, the Wall Street Journal reports that Google has teamed up with the hospital system Ascension to collect personal health information on millions of Americans, as part of Project Nightingale.
For you, what is the most troubling issue related to this story?
Can you explain how it would be possible for Ascension to allow Google use of the consumer data without their consent and still comply with HIPAA?
How large is Ascension in terms of operating revenue?
What did Google say that it would use the data for?
According to the New York Times, the end of Barney’s, the famed department store, involved executives crisscrossing the globe, all-night strategy sessions, last-minute alliances, and attempts to sway public opinion. However, all these attempts led to bankruptcy.
What happened to Barney’s in bankruptcy court?
How many full-time employees will be affected?
Gene Pressman, a member of Barney’s founding family, thought about buying the store, but what issue prevented him from buying it?
What firm is known for buying the intellectual property of flailing retailers and was the major buyer of Barney’s?
What does the company in Question 4 do with the intellectual property? How do you think the buyer should record this in the accounting records?
According to the New York Times, Google said on Nov. 1 that it is acquiring Fitbit, the maker of fitness-tracking devices, for $2.1 billion to close the gap with Apple in the growing market for wearable electronics and to add muscle to its expanding hardware business.
Why is the deal is likely to face regulatory scrutiny? On what basis?
How old is the Fitbit company?
What product is a direct competitor to FitBit?
What is the market share of FitBit versus its direct competitor identified in question 3?
If Google fails to secure permission from the SEC to buy FitBit, how much will it have to pay FitBit?
If you were Google’s CFO, how would you account for the amount of money pledged in Question No. 5 above?
According to the Washington Post, two Southwest Airlines pilots allegedly hid a camera in a plane’s lavatory and live-streamed the video to an iPad mounted on the windshield of the cockpit aboard a flight, according to a lawsuit filed by a flight attendant.
What type of suit is this?
When did this incident happen?
Despite the question about employment status of the pilots, who is ultimately hurt by these actions?
Could there potentially be additional lawsuits related to this incident?