Bloomberg Amazon.com Inc. was hit by a European Union order to pay 250 million euros ($294 million) plus interest in back taxes to Luxembourg as the world’s biggest online retailer became the latest US giant to fall foul of the bloc’s state-aid rules. The European Commission also said it’s suing Ireland for foot-dragging in its efforts to recover “even part” ...

Bloomberg As part of a wide-ranging investigation into how Russian-linked operatives harnessed social media during the 2016 US election, lawmakers are homing in on Google services including YouTube and Gmail. The Senate has called Alphabet Inc.’s Google to testify on November 1, along with executives from Facebook Inc. and Twitter Inc. A US House of Representatives panel, which is running ...

Bloomberg Brexit could cost the UK its position as the leading data market in Europe, a government-funded digital innovation group warns. The British economy could miss out on as much as 67 billion euros ($79 billion) annually by failing to play its cards right in Brexit negotiations with the European Union over data market access, according to a report published ...