The deal includes a $1 billion civil penalty — the largest ever in an FTC case involving a rule violation — and $1. ...

Three days after its trial got underway , Amazon has agreed to pay $2.5 billion to settle allegations by the Federal Trade Commission that it tricked nearly 40 million customers into signing up for Prime and made cancelling that subscription especially challenging. Opening arguments in the trial started on Tuesday and Amazon, in a statement the day before the trial began, insisted "neither Amazon nor the individual defendants did anything wrong – we remain confident that the facts will show these executiv ...

Amazon is set to pay a record fine to settle claims that it misled customers into renewing their Prime subscriptions. The Federal Trade Commission announced on Thursday that it had settled the case with a record $2.5 billion fine, of which $1.5 billion will go toward refunding customers."Today, the Trump-Vance FTC made history and secured a record-breaking, monumental win for the millions of Americans who are tired of deceptive subscriptions that feel impossible to cancel," said FTC Chairman Andrew N. Ferg ...

Amazon has agreed to pay $2.5bn in fines and redress to Prime subscribers to settle a lawsuit by the US Federal Trade Commission (FTC), which accused the retail giant of signing users up for the service without their consent and making it difficult to cancel.In a statement, the FTC said $1.5bn of the total will go into a fund to repay eligible subscribers.Amazon has been contacted for comment.The FTC – the US agency charged with consumer protection - sued Amazon in 2023, accusing the company of enrolling te ...

The agreement requires the e-commerce giant to give money back to customers and change its subscription practices. ...

SEATTLE (AP) — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 billion in civil penalties — the largest fine in FTC history, and $1.5 billion will be paid to consumers who were unintentionally enrolled in Prime, or were deterred from canceling their subscriptions, the agency said Thur ...

FT记者分析了数百份企业文件，包括递交给美国证监会的公告、强制性信息披露以及高管与投资人的电话会议记录。结果显示，500家企业中有超过400 家提及AI，科技公司如微软、亚马逊和Meta更是大举投入，仅今年已宣布数千亿美元投资，用于模型开发和基础设施建设。但在许多传统行业，AI的应 用案例显得肤浅，例如可口可乐仅在一次财报发布会上提到利用AI制作电视广告。 风险和质疑同样存在。企业担忧AI在训练过程中使用了受版权保护的内容，可能引发法律纠纷。此外，数据保护和信息安全问题也频频被提及。 FT援引一位咨询顾问的话指出，很多企业并非因战略需要而采用AI，而是因担心竞争对手更快行动。 来源：市场资讯 （来源：DOLC） 据《金融时报》（FT）调查显示，美国标普500指数中的大多数企业如今都在讨论人工智能（AI），不仅是科技巨头，甚至饮料、服装和军工企业也纷纷 涉足。然而，许多公司无法明确说明AI带来的具体价值，更多是出于"错失恐惧症"（Fear of Missing Out，FOMO）的心理，担心被竞争对手甩在后面。 来自麻省理工学院（MIT）的最新研究则更为直白：平均95%的生成式AI试点项目（如类ChatGPT的 ...

This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. Just three days after the case began, Amazon settled with the Federal Trade Commission on Thursday, agreeing to pay $2.5 billion over its Prime subscription practices. The FTC alleged that Amazon had used “manipulative, coercive, or deceptive user-interface designs” to dupe customers into signing up for Prime and making it difficult for them to cancel. The case highlights th ...

The settlement is one of the largest in the history of the Federal Trade Commission, which sued Amazon two years ago. ...

Amazon.com will pay $2.5 billion in fines and redress to Prime subscribers to settle the U.S. Federal Trade Commission's case alleging the retail juggernaut signed users up for the subscription withou... ...