The tech giant is now the cheapest stock in the "Magnificent Seven†relative to historical levels — and some investors are doubling down. ...

All right, folks. Just then, Amazon paying out a historic settlement. The company agreeing to pay $2.5% billion.This the seller with the Federal Trade Commission over allegations that it tricked customers into signing up for Prime and it made it hard for them to cancel. Now, Amazon did issue a statement saying their executive executives have always followed the law and a settlement allows for the company to move forward. Joining me now, chairman of the Federal Trade Commission, Andrew Ferguson.First of all, ...

Amazon reached a $2.5 billion settlement with the Federal Trade Commission (FTC) on Thursday over whether the e-commerce giant used “deceptive methods” to sign up consumers for Prime subscriptions, then made it “exceedingly difficult” to cancel. Most Read from Fast Company The agency argued Amazon enrolled millions of customers in Prime subscriptions without their consent, and knowingly made it difficult for consumers to get out of the agreement. That settlement, which comes just three days into the ci ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!Shares of Pattern Group Inc. (NASDAQ: PTRN ) have seen a rather lackluster public debut . After shares were priced at the middle of the offer range, shares have fallen quite a bit in the opening d ...

Amazon Web Services' top executive admonished staff on Thursday for what he called slow product rollouts by the cloud computing provider at its premier Reinvent customer event in December, according t... ...

和解协议核心内容 - 公司同意支付25亿美元与联邦贸易委员会达成和解，以了结关于其诱导数百万用户注册Prime付费订阅服务并使取消过程过于困难的指控 [1] - 和解金额中15亿美元将用于设立基金以赔偿符合条件的订阅用户，剩余10亿美元作为民事罚款 [1] - 和解协议要求公司在结账流程中增加“清晰且显著”的拒绝Prime选项，并简化取消流程 [1] 公司立场与回应 - 公司高级经理在声明中表示，公司及其高管一直遵守法律，此和解使公司能够继续前进并专注于为客户创新 [2] - 公司强调致力于使Prime会员的注册和取消流程清晰简单，并为全球数百万忠诚会员提供巨大价值 [2] - 公司继续否认有不当行为，但表示协议使其能够了结此案，并为10月初的大促活动做准备 [3] 诉讼背景与影响 - 联邦贸易委员会于2023年起诉公司，指控其使用“暗黑模式”引导用户订阅Prime并使取消过于困难 [3] - 联邦贸易委员会指称公司违反了《联邦贸易委员会法案》第5条和《恢复在线购物者信心法案》 [3] - 诉讼指控公司使用被称为“暗黑模式”的操纵性、强制性或欺骗性用户界面设计，诱骗消费者注册自动续费的Prime订阅 [4] - 此次和解是美国历史上最大的消费者保护和解案之一，原定持续约一个月的审判提前结束 [4]

和解协议核心内容 - 公司与美国联邦贸易委员会（FTC）就Prime会员注册与取消相关的指控达成历史性和解，总金额达25亿美元（19亿英镑）[1] - 和解金包括10亿美元（7.5亿英镑）的民事罚款和15亿美元（11亿英镑）的客户赔偿基金[2] - 公司未承认有任何不当行为，但选择快速解决此事以避免漫长的诉讼[5][6] 对客户的影响与赔偿 - 约3500万Prime会员有资格从15亿美元的赔偿基金中获得赔付[2] - 在2019年6月23日至2025年6月23日期间通过特定优惠注册Prime且之后很少使用会员福利的客户将自动获得51美元（38英镑）的赔偿[2] 监管机构指控要点 - 联邦贸易委员会指控公司故意使客户在购物时难以避免同时订阅Prime会员[3] - 部分交易完成按钮未明确告知客户点击后将注册Prime会员[3] - 取消订阅的过程过于复杂，内部将该流程称为“伊利亚特”，公司被指放缓或拒绝简化取消流程的改动[4] 公司回应与未来承诺 - 公司发言人表示其一直遵守法律，和解使其能继续专注于为客户创新[7] - 公司承诺将努力使Prime会员的注册和取消流程清晰简单，并为全球数百万忠诚会员提供巨大价值[7] - 根据和解协议，公司被禁止歪曲订阅条款，必须完全披露相关成本并获得客户明确同意[8] - 公司必须在购物过程中为客户提供清晰接受或拒绝Prime订阅的选项，并避免使用可能造成混淆的用语[8] - 公司表示和解不要求其进行额外更改，仅需维持已实施一年的当前注册和取消流程[8]

和解协议核心条款 - 公司同意支付25亿美元以了结关于Prime订阅的集体诉讼，其中包括10亿美元的民事罚款和15亿美元的消费者退款[1] - 公司被要求停止任何非法的Prime会员注册和取消操作[1] 和解金额财务影响 - 和解金额占公司去年营收的比例不到1%[2][6] 被指控的不当行为 - 联邦贸易委员会指控公司使用所谓的“暗黑模式”设计来欺骗用户订阅Prime服务[7] - 这些设计选择被故意用来误导或诱骗用户采取他们本不会自愿采取的行动[7] - 公司被指控通过延迟或完全拒绝简化流程的变更，使取消订阅的过程变得困难[10] 公司回应与立场 - 公司发言人表示公司及其高管“一直遵守法律”，和解使公司能够继续前进并专注于为客户创新[10] - 公司声称致力于使Prime会员的注册和取消过程清晰简单，并为全球数百万忠诚会员提供巨大价值[10] 相关法律与监管背景 - 联邦贸易委员会主席称此和解是为数百万厌倦欺骗性订阅服务的美国人取得的历史性、破纪录的胜利[5] - 有政界人士批评该和解未能让公司高管承担责任，罚款对公司而言只是做生意的成本[5][6] - 公司还面临另一起联邦贸易委员会提起的诉讼，被指控垄断经营，该审判定于2027年开始[12] 其他公司动态 - 有分析预测Prime会员服务价格即将上调[3] - 公司宣布在宾夕法尼亚州农村投资200亿美元建设人工智能数据中心[8]

And just the past few minutes, some breaking news on Amazon. Let's get to Mackenzie Sagalos. Mac.>> Hey. So, just three days into its jury trial in a Seattle federal court. Amazon has reached a $2.5% billion dollar settlement with the Federal Trade Commission over claims that it used deceptive tactics to push customers into its $139 a year Prime program.Now, regulators saying Amazon tricked and trapped millions into subscriptions and then made cancellation confusing and difficult. FDC Chairman Andrew Fergus ...

Amazon.com, Inc. (NASDAQ: AMZN) has agreed to a $2.5 billion settlement over accusations that it misled millions into joining its Prime subscription and then made canceling difficult. AMZN stock is moving. See all the details here. The deal, announced on Thursday, stemmed from a 2023 Federal Trade Commission lawsuit that challenged Amazon's treatment of shoppers and its self-proclaimed role as a consumer-focused company, according to The New York Times.Settlement DetailsThe agreement includes $1 billion in ...