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FTC and states reportedly prepare Amazon ad-pricing lawsuit

The FTC and more than 20 state attorneys general plan to sue Amazon over allegations that it manipulated advertising prices on its retail platform, according to a Wall Street Journal report summarized by Techmeme. The planned case would allege that Amazon made tens of billions of dollars over seven years through the conduct. The source describes a planned lawsuit, not a filed complaint or an adjudicated finding.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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DOJ leaders reportedly halt Meta drug-sales investigation

Top Justice Department officials have halted career prosecutors' investigation of Meta over allegations that it facilitated illegal drug sales, Bloomberg Law reported, citing sources. Officials are weighing more lenient options af...

Policy Infrastructure
Policy Infrastructure

Officials say White House ordered limits on Ukraine's Starshield access

An order to limit Ukraine's access to SpaceX's Starshield satellite system came from inside the White House, Reuters reported, citing two US officials and a Western official. Ukraine uses the system for battlefield communications ...

Products
Products

MSCI rules put Strategy at risk of global benchmark exclusion

MSCI adopted rules that could push Strategy out of its global equity benchmarks, Bloomberg reported. Exclusion could trigger billions of dollars in stock sales and put additional pressure on the financing model behind Michael Sayl...

Products
Products

Tesla demonstrates thruster-equipped Roadster and opens reservations

Tesla demonstrated a redesigned Roadster that used fans and cold-gas thrusters to lift and maneuver above vehicles, TechCrunch reported. CEO Elon Musk said production would begin in 2028, extending the timeline for a vehicle first...

AI Products
AI Products

Meta opens an AI model for developers to download and modify

Meta has made one of its new artificial intelligence models available for developers to download and modify, Bloomberg reported. The company is keeping its most advanced technology closed as it seeks to turn its AI investments int...

Infrastructure Policy
Infrastructure Policy

Solidigm reportedly ties US chip factory plans to China equipment approval

SK Hynix's Solidigm unit is seeking US approval to send American chipmaking equipment to Dalian, China, as a condition for continuing plans for a US semiconductor factory, TechCrunch reported, citing Reuters' anonymous sources. So...