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Business Matters: Parler sues Amazon for pulling support

Parler sues Amazon for pulling support

12/01/2021 GMT

BBC World Service - Business Matters, Parler sues Amazon for pulling support

Parler has hit back after Amazon pulled support.

Parler is suing the tech giant, accusing it of breaking anti-trust laws by removing it.

Parler has hit back after Amazon pulled support for its so-called "free speech" social network. Stephanie Hare explains why the action is being taken and what the chances of success are. And we get wider context from Helen Fenwick, professor of law at Durham Law School. Bitcoin has had a wild few years. When first created in 2009 a single bitcoin was worth less than a cent. Last weekend it peaked at over $40,000 and on Monday crashed to $32,000. The UK's Financial Conduct Authority said on Monday that investors must be prepared to loose everything they invest if they want to buy Bitcoin. The US Treasury is proposing reporting restrictions on large transactions. Bill Bambrough is a writer on technology, finance, economics, and business for Forbes Magazine. We asked him what investors should be prepared for when they invest in crypto-currencies. Plus would you perform a facelift on yourself? Vishala Sri-Pathma finds out about the beauty firms trying to survive in lockdown by offering do it yourself winkle lifts.

Joining Jamie Robertson throughout the programme are Patrick Barta, Asia Enterprise Editor for the Wall Street Journal in Bangkok and in Washington, Alexis Goldstein, an activist and financial reform advocate.

Photo: Parler Has Been Closed 
Credit: Lorenzo Di Cola/NurPhoto via Getty Images

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