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Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operate (About Amazon)

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23 days ago▲ 24
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Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket (Amanda L. Gordon/Bloomberg)

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23 days ago▲ 24
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The FTC and 22 state AGs sue Amazon, alleging it "secretly and systematically overcharged" advertisers more than $20B since 2019 by using "hidden surcharges" (Annie Palmer/CNBC)

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23 days ago▲ 24
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On his last day as CEO, Tim Cook pens an emotional memo reflecting on his time at Apple and says he takes "enormous comfort" in handing the helm to John Ternus (Chance Miller/9to5Mac)

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23 days ago▲ 24
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Sources: the FTC and 20+ state AGs plan to sue Amazon for allegedly making tens of billions over seven years by manipulating ad prices on its retail platform (Dave Michaels/Wall Street Journal)

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23 days ago▲ 24
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Sony launches Live TV on PS5 in the US, letting users stream 100+ free, ad-supported TV channels with content from Amazon MGM Studios, Crunchyroll, and more (Kris Holt/Engadget)

industry
23 days ago▲ 24
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Trump says communities that reject data centers will end up "backwards and poor" and that "China could not be happier with this anti Data Center movement" (Cheyanne M. Daniels/Politico)

industry
23 days ago▲ 24
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Reframe, which uses AI and industrial robot arms to make modular homes in a factory, raised a $40M Series A extension round led by Energy Impact Partners (Rocket Drew/The Information)

industry
23 days ago▲ 24
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Sources: Hyperliquid is in talks to enter the US market through Kraken parent Payward, weeks after Trump said he was working to bring the platform onshore (Bloomberg)

industry
23 days ago▲ 24
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Gurman: Apple is moving App Store to services unit run by Eddy Cue, who previously oversaw it until 2015; Cue is taking on a more influential role under Ternus (Chance Miller/9to5Mac)

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23 days ago▲ 24
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The Trump administration launches Project Watershed 250, a six-month cybersecurity pilot to protect Texas water systems from cyberattacks (Fox News)

industry
23 days ago▲ 24
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Sources: Phil Schiller stepped down from his role leading the App Store and product events; he will remain at Apple to work on unspecified initiatives (Mark Gurman/Bloomberg)

industry
23 days ago▲ 24
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a16z says its fifth growth fund has closed additional capital, bringing its total to $8.5B (Andreessen Horowitz)

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23 days ago▲ 24
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The UK unveils a £100M Sovereign AI R&D Procurement Scheme for domestic AI startups focused on public services, amid growing opposition to Palantir contracts (Jim Pickard/Financial Times)

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23 days ago▲ 24
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MapQuest becomes the top free iPhone app on the App Store in Canada and fourth on the US App Store after refusing to change Lake Ontario to Lake America (Joe Rossignol/MacRumors)

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24 days ago▲ 24
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Sources: South Korea's dismissal of a US congressional report saying it discriminated against US-based Coupang is causing strains between the two countries (Justin Papp/CNBC)

industry
24 days ago▲ 24
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Together AI, which serves open models, announces a deal to use compute from Humain in Saudi Arabia, where it can bypass US backlash over data centers (Niko Gallogly/New York Times)

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24 days ago▲ 24
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Former NY GOP Rep. George Santos receives Kalshi's first lifetime ban after the CFTC alleged he made $17K by betting on his appearance at the State of the Union (Brian Schwartz/Wall Street Journal)

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24 days ago▲ 24
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Interior Secretary says President Trump "reached out to Apple directly" about changing Lake Ontario to Lake America and the company may soon alter its maps (Reuters)

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24 days ago▲ 24
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Sources: CXMT has begun producing HBM3E memory chips in small quantities and plans to expand production in 2027, a major advance for China's chip industry (The Information)

industry
24 days ago▲ 24
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