At the heart of the FTC’s case was the claim that Amazon engineered its Prime enrollment and cancellation interfaces in ways that coaxed or misled consumers into signing up—then made it unduly difficult to quit. The practices alleged by regulators included “dark pattern” design choices, unclear disclosures, automatic renewals buried in fine print, and cancellation…
Costco Wholesale surprised markets in its latest quarter, delivering revenue and profit ahead of consensus estimates. The warehouse club’s performance benefited from an uptick in U.S. shoppers seeking bargains amid broad inflationary pressures. Consumers under strain are gravitating toward membership-based, high-volume retailers that promise lower per-unit prices on everyday essentials. In the quarter ending August…
The U.S. government has expanded its trade-defensive measures by launching a sweeping import investigation covering items such as surgical masks, syringes, industrial robots, and medical devices. The probe, initiated under national security laws, could lead to higher tariffs or stricter restrictions on foreign suppliers. Industry observers say the move signals a shift toward aggressive import…
The White House has directed federal agencies to draw up plans for mass firings of employees if Congress fails to pass a spending bill by October 1. The policy shift marks a major escalation from past shutdown preparations and raises questions about which programs will be trimmed, who will be affected, and how this aligns…
The European Commission has formally opened an antitrust case against SAP, the German enterprise software giant, over concerns that its practices in maintenance and support services for its on-premises ERP (Enterprise Resource Planning) software may be restricting competition. The probe underscores growing regulatory scrutiny of “after-market” practices in the tech industry, particularly around software vendors’…
CoreWeave has increased its contract with OpenAI by up to $6.5 billion, deepening a partnership that now totals about $22.4 billion. This surge in cloud infrastructure commitment is an indicator of increasingly intense demand for computing power in the AI era. Experts say CoreWeave’s move is motivated by capacity constraints, competitive positioning, investment backing, and…
Nvidia’s recent announcement of a $100 billion investment in OpenAI has captured the attention of the tech world, highlighting the unprecedented scale of private-sector involvement in artificial intelligence infrastructure. The partnership, which includes Nvidia supplying tens of gigawatts of AI data center capacity, signals a bold step forward for AI development, but it has also…
The long-running clash between Washington regulators and Google over its dominance of the online advertising market has reached a decisive stage. In a federal courtroom in Virginia, the Justice Department (DOJ) and several states are pressing for remedies that could force Google to sell off parts of its advertising technology empire, marking one of the…
The Biden administration’s tightening stance on TikTok has put the future of the video-sharing platform in the United States at a decisive crossroads. Long criticized by Washington as a national security threat, TikTok now faces the strongest pressure yet to sever ties with its Chinese parent, ByteDance. The move has reignited debates over the intersection…
Blackstone’s headline commitment of nearly £90 billion toward U.K. investments has attracted major attention — and with it, growing questions about what the pledge actually means in practice, how much of it will show up in the ground, and what risks lie beneath the optimism. In announcing the largest single investment in a wave of…
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