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Amazon’s hometown, Seattle, just passed a payroll tax on top salaries that the city’s largest businesses pay.

Amazon’s traditional business model has always focused on e-commerce, and selling products at slightly increased prices and pocketing the difference. As a major discounter, these margins have always been?thin, a complaint voiced from investors on a regular basis. Another revenue stream that could be much more lucrative is one that is based on monetizing product search, a model proven by?Google.

Among them are higher prices — Apple's most expensive iPhone now costs ,350 — for newer models that aren't that much better than the previous generation, giving consumers little incentive to stop using the device they already own until it wears out.

Ammar Al-Malik, executive director of Dubai Internet City, said Dubai aims to expand its position as the leading incubator for high-tech firms, and "Tech Town" will contribute to this objective.

Among the interviewed chief executives of Taiwan enterprises, 52 percent viewed the United States as the most important market for growth this year, down from 59 percent in 2018, while 23 percent, 18 percent and 14 percent of Taiwan CEOs considered Japan, Vietnam and Germany, respectively, as their most important market.