Amazon and Google Parent Alphabet Face Protest Over $1.2B Israeli Contract
An event by Amazon.com, Inc. AMZN faced significant disruption due to protests. Activists congregated to voice their demand for the e-commerce and cloud computing giant to cancel a sizable $1.2 billion agreement with the Israeli government. This high-profile contract, known for facilitating cloud services, is shared between Amazon and Alphabet Inc.'s GOOG subsidiary, Google.
Community Response and Corporate Responsibility
The demonstration signals a growing public interest in the ethical dimensions of corporate contracts, especially those involving technology services provided by influential global players.
Details on the Involved Companies
Alphabet Inc. GOOG, an American multinational conglomerate created on October 2, 2015, operates through a portfolio that includes Google and various former Google subsidiaries. It holds a prominent position as the world's fourth-largest technology firm by revenue and stands among the top-valued companies internationally. Amazon.com, Inc. AMZN similarly boasts a global presence, emphasizing e-commerce, cloud services, digital streaming, and artificial intelligence. The firm is recognized as one of the Big Five in the U.S. IT sector and is often cited as a major commercial and cultural powerhouse, in addition to being labeled the world's most valuable brand.
Protest, Contract, Technology