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Amazon's AWS Partners With DISH NetworkPer the terms of the deal, AWS will act as DISH's preferred cloud provider and DISH will build its 5G network on AWS.Furthermore, both companies will jointly work to transform how organizations and customers, including AWS and Amazon (AMZN), order and consume 5G services or create their own private 5G networks, the company said.Notably, DISH (DISH) plans to deploy its first standalone, cloud based 5G Open Radio Access Network (O RAN) in the US, starting with Las Vegas later in 2021.AWS's well established infrastructure and wide range of services will aid DISH in deploying a cloud native 5G network. It should be noted that the 5G network incorporates O RAN, the antennas and base stations, which link phones and other wireless devices to the network, and the 5G Core, which directs traffic flow within the network. Additionally, DISH's fully automated Operation and Business Support Systems (OSS and BSS) will also be enhanced, which will helpthe company in provisioning and operating its customers' 5G workloads and monetizing its network. (See Amazon stock analysis on TipRanks)Through the DISH network on AWS, the process of creating new 5G applications will be simplified. What's more, developers of both DISH and AWS will be able to create innovative 5G solutions for various industries through leveraging standardized application programming interfaces (APIs), which will connect with data on DISH network attributes.AWS CEO Andy Jassy said, "DISH's cloud native and truly virtualized 5G network is a clear example of how AWS customers can use our proven infrastructure and unparalleled portfolio of services to reinvent industries. This collaboration means DISH and its customers can bring new consumer and enterprise centric services to the market as quickly as they're created to deliver on the promise of 5G. Together, we're opening the door to new technologies that will transform factories, workplaces, entertainment, and transportation in ways people have only dreamed."On April 21, Oppenheimer analyst Jason Helfstein reiterated a Buy rating and increased the price target to $4,200 (24.9% upside potential) from $4,100, as he sees AMZN as the firm's "best large cap pick."Helfstein said, "We are raising our AWS revenue estimates ahead of 1Q results. Our non AWS estimates remain unchanged. Post 1Q earnings focus will continue to be on AMZN's investment plans, as it recorded $11B in one time COVID 19 related costs in2020. We expect funds to be redeployed to expand grocery, pharmacy, and advertising."The consensus rating is a Strong Buy based on 32 unanimous Buys. The average analyst price target stands at $4,106.60 and implies upside potential of 22.2% to current levels. Shares have gained 42.3% over the past year. Amazon and Google beat out Microsoft, Oracle and IBM in the tender for the four phase project known as "Nimbus", the Finance Ministry said on Wednesday. and Microsoft Corp. multinationals suchas stashing income generating assets in low tax offshore jurisdictions. technology companies," said Silverman, who has previously advised corporations on these strategies. and Alphabet Inc. Those six corporations disclosed more than $100 billion in overseas pretax income in their most recent financial years. "We're trying to step forward in a dramatic way, a decade shaping way," Gelsinger said. tech companies, based on the analysis of regulatory filings. The Tax Foundation, a right leaning thinktank, estimates the proposed changes to Gilti could increase corporate tax bills by almost $300 billion over a decade. or bring these assets home from overseas. that had been previously licensed in Bermuda. Amazon took total FDII deductions of almost $500 million combined in 2018, 2019 and 2020, according to its latest annual report. tech companies often have low effective tax rates due to a slew of available deductions for items including research and development, foreign credits and stock based compensation."The biggest impact for tech companies is this minimum tax on book income," said Bunn. "This would likely hit some companies much harder than the current tax system."If Biden's book tax existed in 2020, Google's bill would've been $847 million higher. Global talks, led by the Organization for Economic Cooperation and Development, are trying to address many countries' concerns that tech giants and other multinationals aren't being properly taxed under the current system. The OECD effort seeks to replace the digital services taxes a growing number of countries are enacting to capture more revenue from companies like Google and Facebook. In a brief statement, the world largest contract chipmaker said its board had approved the spending "for the purpose of installing mature technology capacity". 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