July 26, 2023
FTC Prepares to Challenge Amazon’s Business Practices: Politico
The U.S. Federal Trade Commission (FTC) has been readying an antitrust lawsuit against e-commerce giant Amazon for months, and now it appears the wait is finally over. The FTC is...
July 26, 2023
Microsoft vs. Google and the Battle for AI Cloud Infrastructure
The generative artificial intelligence (AI) arms race leaderboard is neck and neck. It hasn’t even been a full calendar year since the technology was first commercialized at scale by Microsoft...
July 26, 2023
CMA: Amazon Commits to Fair Competition in UK Marketplace
The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. To level the playing field, the online retail giant has agreed to refrain from using seller...
July 26, 2023
Amazon Offers Changes to Address Competition Concerns in UK
The UK’s competition regulator said Wednesday that Amazon.com has offered to change the way it treats third-party sellers on its Marketplace platform following an antitrust probe. Amazon’s proposed commitments address...
July 26, 2023
Big Tech’s ‘Frontier Model Forum’ Tackles ‘Responsible AI’
Four Big Tech companies have formed a group focused on responsible artificial intelligence (AI) development. The Frontier Model Forum, comprised of Google, Microsoft, OpenAI and Anthropic, “will draw on the technical and operational expertise of its...
July 26, 2023
Walmart Counters Amazon’s Travel Offering With Expedia Partnership
Walmart is working with Expedia to offer Walmart+ members deals on travel. The partnership, announced Tuesday (July 25), lets members book trips via the WalmartPlusTravel website and get discounts on hotels, car rentals and vacation...
July 26, 2023
Antitrust Scrutiny Forces Amazon to Lower Acquisition Price for iRobot
iRobot’s shareholders were sent into a panic as Amazon announced a revised agreement to purchase the consumer robotic vacuum maker at a lower price than its original agreement last August....
July 25, 2023
Amazon Launches Dedicated Page for Product Recalls and Safety Alerts
Amazon has launched a feature designed to make it easier for customers to stay informed about product recalls and safety information for items they have purchased. The new “Your Recalls and...
July 25, 2023
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
Consumer confidence is high. The payments networks are about to report earnings, and banks have already pointed to some resilience, although spending is slowing. Uneven retail sales data gives some...
