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Amazon Fires Back at Critical New York Times Article — Tech Roundup

Here's a look at the major stories and big stock movements in tech Monday. The technology-heavy Nasdaq Composite closed at 4,905.47, a gain of less than 1%.

In an unusually public and lengthy post on Medium, a top Amazon (AMZN - Get Report) executive offered a sharp rebuttal of several key assertions and sources in an Aug. 15 article by the New York Times titled Inside Amazon: Wrestling Big Ideas in a Bruising Workplace.

In his post,Amazon's Senior Vice President of Global Corporate Affairs Jay Carney also provided details about the dismissal of a former Amazon employee who was quoted in the Times' article, written by Jodi Kantor and David Streitfeld. Companies rarely disclose that kind of information about a former employee.

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"Here's what the story didn't tell you" about the former Amazon worker, wrote Carney, a former White House press secretary in the Obama Administration. "His brief tenure at Amazon ended after an investigation revealed he had attempted to defraud vendors and conceal it by falsifying business records. When confronted with the evidence, he admitted it and resigned immediately.

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"Why weren't readers given that information?" Carney asked. "We were in regular communication with Ms. Kantor from February through the publication date in mid-August. And yet somehow she never found the time, or inclination, to ask us about the credibility of a named source whose vivid quote would serve as a lynchpin for the entire piece.

"If only it were an isolated mistake," Carney continued. "In fact, Kantor never asked us...