Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
cnbc.com/2024/03/27/amazon-spends-2point7b-on-startup-anthropic-in-largest-venture-investment.html
Wisconsin Supreme Court dismisses Amazon challenge to ruling that drivers are employees
wpr.org/news/wisconsin-supreme-court-dismisses-amazon-challenge-to-ruling-that-drivers-are-employees
Quick Glance: Wisconsin Supreme Court Upholds Ruling on Amazon Drivers
- Wisconsin Supreme Court affirms lower court ruling classifying some Amazon delivery drivers as employees, not independent contractors.
- The decision means an Amazon subsidiary faces a tax bill of over $200,000.
- Labor unions and the Wisconsin Department of Workforce Development advocated for Amazon Flex workers to be recognized as employees.
- Legal experts suggest the case could have implications for similar gig economy worker classification cases.
Amazon adds $3.7 billion to its stake in AI start-up Anthropic: The additional investment shows the enormous resources that tech companies are pouring into AI.
straitstimes.com/business/amazon-adds-37-billion-to-its-stake-in-ai-start-up-anthropic
WATCH LIVE: Garland holds news conference as Justice Department files antitrust suit against Apple
pbs.org/newshour/politics/watch-live-garland-holds-news-conference-as-justice-department-files-antitrust-suit-against-apple
U.S. sues Apple, says it has illegal monopoly over smartphones: Apple says a Justice Department antitrust lawsuit accusing it of engineering an illegal monopoly ...
apnews.com/article/apple-antitrust-monopoly-app-store-justice-department-822d7e8f5cf53a2636795fcc33ee1fc3
Amazon loses court fight to suspend EU tech rules' ad clause: Amazon on Wednesday lost its fight to suspend a requirement regarding its online advertising under ...
reuters.com/technology/eus-top-court-rejects-amazons-request-suspend-eu-tech-rules-ad-clause-2024-03-27/
Baltimore Key Bridge Collapse: Latest Updates: The collapse of the span, triggered when a cargo ship struck a support structure of the Francis Scott Key Bridge ...
nytimes.com/live/2024/03/27/us/baltimore-key-bridge-collapse
Quick Glance: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
How the Top Oil Trader’s Brazen Corruption Was Caught on Tape: The landmark trial of a former Vitol trader has shone an unprecedented light on wrongdoing in the ...
bloomberg.com/features/2024-vitol-oil-bribes/
Fireworks.ai open source API puts generative AI in reach of any developer: Just about everyone is trying to get a piece of the generative AI action these days ...
techcrunch.com/2024/03/26/fireworks-ai-open-source-api-puts-generative-ai-in-reach-of-any-developer/
Supermarkets supersized their profits during the pandemic: Operating incomes at major grocery chains grew in 2021 — and are still climbing
qz.com/supermarket-prices-grocery-food-inflation-pandemic-1851369826
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France and Brazil announce $1.1 billion investment plan for the Amazon: The Brazilian and the French presidents announced on Tuesday a plan to invest 1 billion ...
apnews.com/article/lula-macron-brazil-amazon-investment-9c938a9164baa7b01dbd69002bb76798
Amazon expects to save $1.3 billion by slashing office vacancies: This will be another blow to the commercial real-estate market, which is already reeling from ...
businessinsider.com/amazon-expects-save-1-3-billion-slashing-office-vacancies-2024-3
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iPhone or iMonopoly?: The feds take on Apple for smartphone antirust violations: The same day in 2007 that founder Steve Jobs of Apple Computer presented the ...
nydailynews.com/2024/03/22/iphone-or-imonopoly-the-feds-take-on-apple-for-smartphone-antirust-violations/
Amazon appeals $34.6 mln fine by French regulator over staff monitoring: E-commerce giant Amazon.com said on Friday it has appealed French regulator CNIL's ...
reuters.com/technology/amazon-appeals-346-mln-fine-by-french-regulator-over-staff-monitoring-2024-03-22/
MacKenzie Scott Donates $640 Million to Non-Profits After Elon Musk's 'Ex-Wife' Comment on X
entrepreneur.com/business-news/mackenzie-scott-donates-640b-to-nonprofits-after-musk-post/471456
The Best Toilet Paper: Using terrible toilet paper is a bummer. We meticulously compared 36 types to find sustainable and traditional options that are tops for ...
nytimes.com/wirecutter/reviews/the-best-toilet-paper/
Stability AI's CEO Resigns in Another Startup Leadership Upset Over AI's Future: Founder and CEO Emad Mostaque has stepped down from his company ...
inc.com/kit-eaton/stability-ais-ceo-resigns-in-another-startup-leadership-upset-over-ais-future.html
Amazon's senior employees may not get a cash pay raise this year: Amazon.com Inc said on Wednesday its senior employees, whose compensation includes more ...
reut.rs/3TVGhDZ
Quick Glance: Amazon's Senior Employees May Not Receive Cash Pay Raise
- Amazon mentioned that senior employees, who are primarily compensated in stock, may not get a cash pay raise this year.
- The pay raise for some top employees, however, will significantly exceed last year's due to the strong growth in the e-commerce giant's stock price.
- Despite strong performance, Amazon initiated job cuts across divisions at the start of the year to reduce costs.
- The issue of pay raise was initially reported by Fortune.
Seattle climate protesters blockade Amazon corporate HQ building: Protesters expressed dissatisfaction with Amazon's plan to use natural gas to power some of its ...
seattletimes.com/seattle-news/climate-lab/seattle-climate-protesters-blockade-amazon-corporate-hq-building/
The lawmakers who voted to ban TikTok own a ton of tech stocks: Members of Congress holds millions worth of stock in Amazon, Google, Meta, Microsoft ...
qz.com/tiktok-ban-congress-tech-stocks-disclosures-1851358401
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Amazon workers at UK warehouse strike again over pay, union recognition: Around 1,400 workers at an Amazon warehouse in Coventry, central England ...
reuters.com/world/uk/amazon-workers-uk-warehouse-strike-again-over-pay-union-recognition-2024-03-19/
US takes on Apple as efforts to curtail Big Tech gather momentum: Apple was on Thursday sued by the U.S. Department of Justice, the latest antitrust action ...
reuters.com/technology/us-takes-apple-efforts-curtail-big-tech-gather-momentum-2024-03-21/
Parler’s New Owners Swear This Time Will Be Different: The “free speech” social media alternative is back on Apple’s App Store ahead of its official relaunch.
wired.com/story/parler-app-store-free-speech-censorship/
Affiliate marketing business Legendary Marketer has recently come under scrutiny after customers complained that its advertisements about a $7-turned-$2 ... Show more
Amazon reports ‘measurable progress’ on worker safety; critics object: Amazon’s safety data shows a decline in its warehouse injury rate in 2023 ...
columbian.com/news/2024/mar/24/amazon-reports-measurable-progress-on-worker-safety-critics-object/
Reddit pops 48% in NYSE debut after selling shares at top of range: Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for ...
cnbc.com/2024/03/21/reddit-ipo-rddt-starts-trading-on-nyse.html
Quick Glance: Reddit Shares Surge 48% in Market Debut
- Reddit shares ended their first day of trading in New York up 48 per cent, signaling that investor appetite for initial public offerings of promising yet loss-making companies could be returning.
- While Reddit still relies on advertising for the vast majority of its revenue, it positioned its content in its IPO marketing as training grounds for AI programs and disclosed an investigation by the US Federal Trade Commission into its AI data licensing deals.
- Shares of Reddit opened on the New York Stock Exchange at $47 and surged to $50.44 after pricing at $34 in the IPO.
- Reddit's entry into public markets was long overdue, and although the allocation of shares to users and retailers poses risks, the extremely bullish sentiment from retail traders on platforms like Stocktwits indicates that the cult brand Reddit continues to hold a significant cultural presence in the social media world.
CSA: Label is intended to identify safe smart home products: The Connectivity Standards Alliance (CSA), an organization of various companies (including Amazon ...
stadt-bremerhaven.de/csa-label-soll-sichere-smart-home-produkte-kennzeichnen/
Here are 3 top recent technology stories.
Learn more in the latest news from the World Economic Forum’s Centre for the Fourth Industrial Revolution: ... Show more
Online sales begin for first over-the-counter birth control pill in US: Online sales began Monday for the first over-the-counter birth control pill approved in ...
thehill.com/policy/healthcare/4539906-over-the-counter-birth-control-pill-online-sales-begin-first-approved-us/
US regulators challenge Big Tech companies as illegal monopolies: Last week the federal government sued Apple, alleging it unfairly traps users in a ‘walled ...
bostonglobe.com/2024/03/25/business/justice-department-antitrust-monopoly-big-tech-apple-google-meta-amazon/
Quick Glance: Apple's Planned Chatbot Absence in iOS 18
- Apple is not intending to include its own generative AI chatbot in upcoming software updates.
- Discussions have been held with companies like Google, OpenAI, and Baidu regarding potential generative AI partnerships.
- Apple will reveal new AI features to aid users in daily tasks, but details remain vague.
- The iOS 18 beta will be accessible to developers post-WWDC keynote, with a full release expected in September.
Samsung to unveil petabyte SSD subscription storage service for AI: Report: Samsung's new service reportedly targets AI developers with growing storage ...
tomshardware.com/pc-components/ssds/samsung-to-unveil-petabyte-ssd-subscription-storage-service-for-ai-report
The Justice Department filed a federal antitrust lawsuit against Apple, according to media reports, alleging that the tech giant illegally maintains its ... Show more
Meta, Google, Apple face EU probes over new tech regulations : The European Union launched investigations into Meta, Google and Apple to review if the three U.S ...
thehill.com/policy/technology/4554379-meta-google-apple-face-eu-probes-over-new-tech-regulations/
US DOJ announces antitrust lawsuit against tech giant Apple: Department of Justice is joined by 15 states and the District of Columbia in alleging that Apple ...
aljazeera.com/news/2024/3/21/us-doj-announces-antitrust-lawsuit-against-tech-giant-apple
Apple is to blame for Microsoft and Amazon's phone failures, DOJ says: The Department of Justice cited past smartphone flops, including Amazon's 2014 Fire Phone.
businessinsider.com/apple-blame-microsoft-and-amazon-fire-phone-failures-doj-2024-3
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Why is the Biden administration going after Big Tech?: A lawsuit against Apple this week followed cases against other tech titans.
abcnews.go.com/Business/biden-administration-after-big-tech/story
The United States vs. the iPhone: Washington’s crackdown on Big Tech is coming for Apple.
nytimes.com/2024/03/26/podcasts/the-daily/apple-lawsuit.html
A timeline of Boston Market's long, slow death: The trials and tribulations of America's once-thriving rotisserie chicken chain
qz.com/boston-market-timeline-openings-closings-locations-2024-1851347885
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US Senators Propose Speeding Up Satellite Approval Process: US Senators Ted Cruz and Jacky Rosen plan to introduce legislation as early as Thursday that aims to ...
bloomberg.com/news/articles/2024-03-21/us-lawmakers-propose-shot-clock-for-satellite-approval-process
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EU probes Apple, Google, Meta under new digital law: Commission can impose fines of up to 10 percent of a company's total global turnover
gulfnews.com/technology/companies/eu-probes-apple-google-meta-under-new-digital-law-1.1711363547787
Quick Glance: EU DMA: First Probes on Big Tech
- The EU has announced formal investigations against Alphabet/Google, Apple, and Meta under the Digital Markets Act (DMA).
- The three gatekeepers are under scrutiny to determine compliance violations and potential fines.
- Criticism of Google, Apple, and Meta's DMA compliance plans; concerns regarding self-preferencing, user choice, and data privacy.
- The EU has also announced 'investigatory steps' concerning Amazon and instructed five gatekeepers to retain documents for assessment of their compliance.
Top ad guru Martin Sorrell downplays chances of Trump's Truth Social capturing serious market share
cnbc.com/2024/03/28/trumps-truth-social-wont-capture-serious-market-share-sorrell-says.html
EU probes Apple, Google and Meta under new digital law | kuwaittimes: EU probes Apple, Google and Meta under new digital law - Business - BRUSSELS: The EU on ...
kuwaittimes.com/article/12475/business/eu-probes-apple-google-and-meta-under-new-digital-law/
Amazon invests €1.1 million in Flemish national park Brabantse Wouden: "All I know is that I would rather see €1 million invested in nature than Amazon ...
brusselstimes.com/belgium-news/978471/amazon-invests-e1-1-million-in-flemish-national-park-brabantse-wouden
Jeff Bezos Overtakes Elon Musk As World’s Second-Wealthiest Person For Fourth Time In Recent Weeks
forbes.com/sites/mollybohannon/2024/03/19/jeff-bezos-overtakes-elon-musk-as-worlds-second-wealthiest-person-for-fourth-time-in-recent-weeks/
The Wendy’s controversy shows Uber-style pricing is coming for everything: More and more industries are adopting “dynamic pricing” — and consumers aren’t happy.
vox.com/money/24105250/fast-food-restaurants-dynamic-pricing-algorithm-wendys
EU merger powers may be curbed after court adviser backs Illumina fight: EU antitrust regulators suffered a blow on Thursday as an adviser to Europe's top court ...
reuters.com/markets/deals/eu-court-should-back-illuminas-appeal-against-eu-review-grail-deal-court-adviser-2024-03-21/
Get the 2nd Gen Apple Watch SE for Just $189 on Amazon: Apple's 40mm GPS Apple Watch SE has dropped to $189.00 today on Amazon, down from $249.00 ...
macrumors.com/2024/03/26/2nd-gen-apple-watch-se-189-2/
Parental allowance, Amazon, minimum wage: what's changing for consumers in April: Subsidy for trips home for trainees, support for further training and new ...
berliner-zeitung.de/news/elterngeld-airbnb-mindestlohn-aenderungen-im-april-li.2198627
Facebook snooped on Snapchat, Amazon, and YouTube user data, documents reveal: "Project Ghostbusters" lies at the core of it all.
mashable.com/article/facebook-snapchat-data-project-ghostbusters-mark-zuckerberg
Quick Glance: Meta Accused of Intercepting Snapchat Data for Competitive Advantage
- Meta, formerly known as Facebook, is accused of intercepting Snapchat data to harm competitors.
- Project Ghostbusters, run by Onavo acquired by Facebook in 2013, involved intercepting data traffic from mobile apps.
- Facebook allegedly paid individuals to snoop on their phones to intercept and analyze data for commercial gain.
- Meta's actions could be considered criminal wiretapping and allegedly led to increased ad prices.
Exclusive: AWS, Accenture and Anthropic partner to accelerate enterprise AI adoption
venturebeat.com/ai/exclusive-aws-accenture-and-anthropic-partner-to-accelerate-enterprise-ai-adoption/
France's Macron visits Brazil to launch €1bn Amazon protection plan: French President Emmanuel Macron, who has criticized Brazil for not doing enough to protect ...
rfi.fr/en/france/20240327-france-s-macron-visits-brazil-to-spearhead-efforts-on-rainforest-protection
Databricks launches DBRX, challenging Big Tech in the open source AI race: Databricks launches DBRX, a powerful open source AI model that outperforms rivals ...
venturebeat.com/ai/databricks-launches-dbrx-challenging-big-tech-in-open-source-ai-race/
'RANSACKED': CVS CEO says company is working with law enforcement because thieves are "not being prosecuted, and they need to be." www.foxbusiness.com/lifestyle/cvs-engaging-ags-retail-theft-working-dismantle-these-criminal-operations
Join @AmazonStudios ' Head of Global Marketing, Sue Kroll for an exclusive conversation discussing her campaign strategy for "AIR," "Saltburn ... Show more
Register Now — Limited Seats Available: Variety Entertainment Marketing Summit
events.variety.com/entertainmentmarketing
Amazon must disclose advertising details: This is how marketers can benefit from it
t3n.de/news/amazon-werbe-details-offenlegen-dsa-vorteile-marketer-1616360/
How Iowa DOT found a ring and saved a Kansas company's anniversary celebration: Tucked inside a package was a ring intended for Bryan Schroer, who celebrates 40 ...
desmoinesregister.com/story/news/local/2024/03/28/iowa-dot-returns-employees-40th-anniversary-ring-with-ibt-in-kansas/73105425007/
Apple, Meta, and Alphabet investigated under Digital Markets Act : The probes come days after new rules to curb the power of dominant online platforms took ...
euronews.com/my-europe/2024/03/25/apple-facebook-google-investigated-under-brussels-digital-markets-act
Quick Glance: EU Commission Investigates Tech Giants: Violation of Laws?
- The EU Commission has initiated proceedings against Apple, Alphabet, and Meta to investigate possible breaches of EU rules.
- The Digital Markets Act aims to combat the dominance of major online platforms, particularly focusing on gatekeeper services.
- Apple and Alphabet are accused of hindering developers and making it difficult for users to adjust default settings.
- The potential penalties for violations are significant, but tech companies have already announced changes. Despite this, investors remain calm.
Horizon before 9: Eight things you should know this morning: Pfizer is completely consolidating its creative budget at Publicis, Martin Sorrell's agency holding ...
horizont.net/marketing/horizont-vor-neun/horizont-vor-9-acht-dinge-die-sie-heute-morgen-wissen-sollten-218910
Elon Musk has competition on a little street in Hyde : Before he became Greater Manchester's answer to Elon Musk, Steve Bennett started his space travel ...
manchestereveningnews.co.uk/news/nostalgia/elon-musk-competition-little-street-28773097
With easy financing, credit-based consumer sales double: Online platforms such as Amazon, Flipkart, and others offer no-cost EMI on various cards, pay-later ...
financialexpress.com/business/industry-with-easy-financing-credit-based-consumer-sales-double-3436335/
Amazon loses EU court bid to delay digital rules on online ads: Tech giant said it is “disappointed with this decision.”
politico.eu/article/amazon-loses-eu-court-bid-to-delay-digital-rules-on-online-ads/
Apple, Google, Meta Face Sweeping EU Investigation: App stores from Google and Apple could be breaking EU laws, while Meta is under scrutiny over its 'pay or ...
pcmag.com/news/apple-google-meta-face-sweeping-eu-investigation
Last week:
- New data shows IRS’s 10-year struggle to investigate tax crimes
- ‘Anonymous’ company secretly linked to Indonesian billionaire destroys Borneo’s ... Show more
This Is What X’s New TV App Allegedly Looks Like: An early look at the app, which will reportedly be available on Amazon and Samsung smart TVs ...
gizmodo.com/x-tv-app-elon-musk-youtube-ripoff-1851362515
It’s time to hit Amazon where it really hurts: In its pocket: The least the public should be able to expect is for the world’s biggest companies to not receive ...
politico.eu/article/its-time-to-hit-amazon-where-it-really-hurts-in-its-pocket/
Editorial: Feds take on Apple for smartphone antirust violations www.nydailynews.com/2024/03/22/iphone-or-imonopoly-the-feds-take-on-apple-for-smartphone-antirust-violations/ DOJ: Apple has an illegal monopoly over smartphones in U.S. www.nydailynews.com/2024/03/21/apple-has-kept-an-illegal-monopoly-over-smartphones-in-us-justice-department-says-in-antitrust-suit/ More Bramhall www.nydailynews.com/2024/03/04/bramhall-editorial-cartoons-march-april-2024/
Amazon India announces seller fee revisions, new fee structure to be effective from April 7
financialexpress.com/business/industry-amazon-india-announces-seller-fee-revisions-new-fee-structure-to-be-effective-from-april-7-3435016/
Why is the Biden administration suing Apple? All to know: Apple has been accused of monopolising the smartphone market in an antitrust lawsuit ...
aljazeera.com/news/2024/3/22/apple-13
How can Sweden make the most of English speakers' language skills?: Scandinavians may belong to some of the best countries in the world when it comes to speaking ...
thelocal.se/20240322/how-can-sweden-make-the-most-of-english-speakers-language-skills
Insurance is anyway a difficult product to buy… 18% GST makes it costly: Tarun Chugh
indianexpress.com/article/business/insurance-is-anyway-a-difficult-product-to-buy-18-gst-makes-it-costly-tarun-chugh-9229416/
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Barack Obama Takes A Swipe At Amazon CEO Jeff Bezos, Says Focus On Earth Before Exploring Space
indiatimes.com/worth/news/barack-obama-takes-a-swipe-at-amazon-ceo-jeff-bezos-says-focus-on-earth-before-exploring-space-630594.html
Omaha is getting its own version of Monopoly! Here's how you can submit ideas for the board game
omaha.com/news/local/omaha-is-getting-its-own-version-of-monopoly-heres-how-you-can-submit-ideas-for/article_a5fef914-e7b1-11ee-ab3f-374a29a6426a.html
US sues tech giant Apple for : The United States Department of Justice (DOJ) has filed a civil antitrust lawsuit against the tech giant Apple ...
timesofoman.com/article/143520-us-sues-tech-giant-apple-for-monopolising-smartphone-market
Winsen: Amazon works council boss has to go - That is the reasoning of the State Labor Court
landeszeitung.de/lokales/harburg-lk/amazon-betriebsratschef-muss-gehen-FAMBMQ74ENHIRDCSL35FNAHDIQ.html
iPhone and iMessage: US Department of Justice files antitrust lawsuit against Apple - Golem.de
golem.de/news/iphone-und-imessage-us-justizministerium-reicht-wettbewerbsklage-gegen-apple-ein-2403-183467.html
Apple (AAPL) Shares Drop on News of Impending US DOJ Antitrust Suit: The Justice Department is poised to sue Apple Inc. as soon as Thursday ...
bloomberg.com/news/articles/2024-03-20/doj-to-sue-apple-for-antitrust-violations-as-soon-as-thursday
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‘Blue Angels’ Trailer: Glen Powell- & J.J. Abrams-Backed Documentary Doing Flyby On Imax Screens Ahead Of Prime Video Debut
deadline.com/video/blue-angels-trailer-release-date-glen-powell-jj-abrams-documentary/
Amazon's store drop-off recycling system doesn't seem to be working: Amazon says its plastic packaging can be recycled. An investigation finds it usually isn’t.
qz.com/amazon-package-recycling-store-drop-off-program-1851353836
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FCC investigating Amazon and others for allegedly selling illegal wireless signal jammers
techspot.com/news/102348-fcc-investigating-amazon-others-allegedly-selling-illegal-wireless.html
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