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Photo: Smith Collection/Gado/Getty Images

Amazon made waves Tuesday when it was reported that the e-commerce giant has entered a bid for Disney's 22 regional sports networks, collectively worth $20 billion.

The big picture: In terms of mergers and acquisitions, 2017 was Amazon's most active year on record, according to CB Insights, headlined by its $13.7 billion purchase of Whole Foods. But while national attention was largely fixated on the company's year-long search for a second headquarters, Amazon's M&A pace in 2018 remained strong.

Timeline:

  • Jan. 23: Amazon's cloud business acquires cybersecurity software company Sqrrl, which analyzes big data to hunt cyber threats. Amazon's purchase of Sqrrl, whose founders used to work for the NSA, came as the company sought to solicit more business from U.S. intelligence agencies, per CNBC.
  • Feb. 27: Amazon acquires video doorbell startup Ring, reportedly for north of $1.2 billion. In addition to being another connected home play for Amazon, the purchase could further its plans to enable delivery workers to leave packages inside of buildings.
  • June 28: Amazon agrees to acquire online pharmacy PillPack reportedly for $1 billion, setting off an industrywide frenzy as prognosticators forecast doom for traditional pharmacies like Walgreens and Rite Aid. But as Axios' Bob Herman explains, Amazon still has a long way to go if it wants to drastically change the drug supply chain.
  • Aug. 28: Amazon Pay acquires all-in-one Indian app aggregator Tapzo r for about $40 million. Per the Times of India, the purchase is "expected to boost Amazon's ambitions of a stronger play in the fledgling Indian digital payments space."
  • Sept. 19: Amazon's investment arm acquires 49% of Indian food and grocery retail chain More, which has more than 540 supermarkets and hypermarkets across India. Per CNN, the move "will intensify [Amazon's] battle with Walmart for the country's hundreds of millions of shoppers."

Between the lines: While these acquisitions didn't get the same amount of attention as Amazon's Whole Foods deal, antitrust scrutiny of Big Tech companies is growing in general.

  • President Trump told "Axios on HBO" this month that his administration is looking seriously at antitrust action against the company.
  • The company's aggressive growth in a diverse array of areas — from cloud computing to pharmacies — makes it difficult to peg as a monopoly in a traditional sense.
  • Critics worry it will end up controlling wide swaths of the e-commerce supply chain, further cementing its dominance.

Correction: This story has been updated to note that the price of Amazon's acquisitions of Ring and Pillpack are speculative.

Go deeper

5 hours ago - World

Over 170 Palestinians injured in clashes with Israeli police in Jerusalem

An injured man is carried away as Israeli security forces clash with Palestinian protesters at the al-Aqsa mosque compound in Jerusalem. Photo: Ahmad Gharabli/AFP via Getty Images

At least 178 Palestinians have been injured in clashes with Israeli police in Jerusalem, Reuters reported late Friday.

The big picture: The clashes come amid growing anger over the threatened eviction of Palestinians from their homes on land claimed by Jewish settlers in East Jerusalem. Tensions have also escalated in the occupied West Bank in recent weeks.

Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: Coronavirus cases hit a seven-month low — Majority back vaccine proof requirements for travel, schools and work — The race to avoid a possible "monster" COVID variant.
  2. Politics: Oklahoma secures $2.6 million refund for hydroxychloroquine purchase — Why Biden's latest vaccine goal is his hardest yet.
  3. Vaccines: Pfizer begins application for full FDA approval of COVID-19 vaccine — Moderna says its COVID booster shot shows promise against variants.
  4. Economy: U.S. adds just 266,000 jobs in April, far below expectations — Americans' return to the skies could benefit smaller airlines.
  5. World: WHO authorizes China's Sinopharm COVID-19 vaccine for emergency use — Mixed response in Europe to Biden's vaccine patents bombshell.
  6. Variant tracker: Where different strains are spreading.

Ohio GOP censures Rep. Anthony Gonzalez over Trump impeachment vote

Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

The Ohio Republican Party on Friday censured Rep. Anthony Gonzalez (R-Ohio) and called for him to resign for voting to impeach former President Trump in January, Reuters reports.

The big picture: Gonzalez is the latest Republican lawmaker to be punished for voting to impeach the former president on a charge of inciting the deadly Jan. 6 insurrection.

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