FTC Sues Amazon Over Excessive Fees Charged to Advertisers
The FTC sues Amazon for excessive fees affecting over 1.2 million advertisers, claiming the company made $20 billion from unsuspecting ad clients.
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Tech companies dominate the stock market, with Nvidia and Amazon highlighted for their growth potential.
The FTC sues Amazon for excessive fees affecting over 1.2 million advertisers, claiming the company made $20 billion from unsuspecting ad clients.
Microsoft, Meta, Amazon, and Apple report results this week as investors demand AI profitability. Alphabet and Tesla faced backlash for high spending.
Xiaomi Redmi Watch 6, with AMOLED display, independent GPS and 24 days of battery, is available for €92 on Amazon.
Moody's warns that massive spending on AI is eroding cash flow and increasing financial risk for six major tech firms, including Microsoft, Amazon, and Alphabet.
Amazon closes its AGI lab in San Francisco after 18 months, reallocating resources to customer-facing applications amid pressure for AI ROI.
Anthropic closes a $4 billion round valuing it at $200 billion, surpassing OpenAI. The AI startup founded by ex-OpenAI employees nears $5 billion ARR.