Amazon.com will pay $2.5 billion in fines and payments to Prime subscribers to settle a FTC case alleging they signed users up for the subscription without their consent.
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Tag: Amazon
Amazon trial begins on FTC claims it duped Prime subscribers
The FCC says Amazon duped tens of millions of Prime customers by signing them up without consent and locking them in with overly complex cancellation methods.
Read More Amazon trial begins on FTC claims it duped Prime subscribers
Nvidia to invest $100 billion in OpenAI, linking two artificial intelligence titans
Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, marking a tie-up between two of the highest-profile players in the global AI race.
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Amazon violated online shopper protection law, judge rules ahead of Prime signup trial
Amazon violated consumer protection law by gathering Prime subscribers’ billing information before disclosing the service’s terms.
Read More Amazon violated online shopper protection law, judge rules ahead of Prime signup trial
Trump says US has a buyer for TikTok
President Trump said that the U.S. and China have a deal that would keep TikTok operating in the United States, potentially resolving a saga that has lingered for nearly a year.
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US FTC probes Google, Amazon over search advertising practices, source says
The U.S. Federal Trade Commission is investigating whether Amazon.com and Google misled advertisers that place ads on their websites.
Read More US FTC probes Google, Amazon over search advertising practices, source says