Amazon and Google Face Protest Over $1.2B Contract With Israel

An event held by Amazon.com, Inc. AMZN faced interruptions by protesters who are demanding the company put an end to a substantial $1.2 billion contract with the Israeli government—a contract also shared with Alphabet Inc. GOOG, the parent company of Google. The demonstrators' aim is to pressure both tech giants into disassociating themselves from a deal they find controversial.

Detailed Overview of the Event

The disrupted conference has brought attention to the contentious nature of large-scale tech contracts with governments, particularly when they are seen to have political implications. AMZN and GOOG, being prominent players in the technology sector, are often under scrutiny for their business decisions, which can attract public interest and controversy.

Background on GOOG and AMZN

Alphabet Inc. GOOG, established after restructuring Google on October 2, 2015, stands as a leading multinational conglomerate. It's renowned as the fourth-largest tech company by revenue globally, and commands a place among the most valuable companies worldwide. The pioneering co-founders of Google continue to guide the company's trajectory as controlling shareholders, board members, and active employees within Alphabet. Meanwhile, Amazon.com, Inc. AMZN is a behemoth in the realms of e-commerce, cloud computing, and AI, revered as one of the Big Five in the U.S. tech industry and lauded for its far-reaching economic and cultural impact, as well as its status as the globe's most valuable brand.

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