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Amazon has agreed to pay $2.5 billion to settle a lawsuit from the Federal Trade Commission (FTC) over allegations that it duped users into paying for Prime subscriptions and made it hard to cancel me
Amazon has agreed to pay $2.5 billion to settle claims that it enrolled millions in Prime membership subscriptions without their consent and also made it hard for customers to cancel, the Federal Trad
The deal includes a $1 billion civil penalty — the largest ever in an FTC case involving a rule violation — and $1.
Amazon is set to pay a record fine to settle claims that it misled customers into renewing their Prime subscriptions. The Federal Trade Commission announced on Thursday that it had settled the case wi

Amazon enters the robotaxi race with Zoox launch

12:01pm, Thursday, 25'th Sep 2025
Five years after its splashy $1.3 billion acquisition of Zoox, Amazon has officially entered the U.S. robotaxi race, which to date has been dominated by Alphabet's Waymo. Zoox's first public launch ki
FTC said company enrolled millions of customers into its service without consent and made it difficult to cancel
The agreement requires the e-commerce giant to give money back to customers and change its subscription practices.
The settlement is one of the largest in the history of the Federal Trade Commission, which sued Amazon two years ago.
Amazon.com will pay $2.5 billion in fines and redress to Prime subscribers to settle the U.S. Federal Trade Commission's case alleging the retail juggernaut signed users up for the subscription withou
Amazon has agreed  to pay $2.5 billion to settle a lawsuit filed by the Federal Trade Commission in 2023. Opening arguments for the trial in Seattle took place on Tuesday and the proceedings were ex
Financial institutions can now deploy Nasdaq Calypso capital markets and treasury infrastructure on the AWS cloud. The capability is enabled by an expanded partnership in which AWS will offer this inf
First-of-its-kind initiative to harness AI to solve critical water challenges New information released today on data center best-practices to minimize water impact in the age of AI NEW YORK , Sept. 25

Amazon's grocery ambitions stumble in Britain

08:16am, Thursday, 25'th Sep 2025
When Amazon opened its first grocery store outside the United States in 2021, its choice of a site in west London for a cashier-free store was seen as the start of a major assault on Britain's $290 bi

3 Robotics Stocks to Buy Right Now

08:15am, Thursday, 25'th Sep 2025
Wall Street keeps talking about artificial intelligence (AI)-powered chatbots. They're missing the bigger prize.
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