Amazon will pay more than US$30 million in lawsuits over Ring and Alexa privacy violations
Amazon has owned the smart doorbell company since 2018.
Amazon
Amazon launches AI platform aimed at corporate customers—joining Google and Microsoft
Amazon’s new AI service is focused on offering AI tools to businesses, including two large language models designed by the technology giant.
Jeff Bezos’ fortune drops US$66 billion so far this year
At Thursday’s quarterly earnings call, Amazon’s revenue projections for the current quarter fell significantly short of analysts’ expectations
California sues Amazon for ‘thwarting’ competition through seller contracts
The lawsuit seeks to stop Amazon from entering into “anticompetitive” contracts with merchants.
Google faces record US$4 billion fine in Europe after losing Android antitrust appeal
The EU’s fine against the American tech giant is the largest antitrust penalty it has handed out so far.