WorldPing
WorldPingEngadget
Amazon is sued by the FTC and 22 states for 'secretly' overcharging advertisers since 2019
The company's "deception continues to this day," the lawsuit says.
Brief by WorldPing · Original reporting by Engadget
The Guardian
US trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges
WorldPingFTC alleges in lawsuit that online retailer ‘secretly and systematically overcharged’ advertisers for years The US’s main trade regulator and 22 states sued Amazon on Monday, alleging the online retailer “secretly and systematically overcharged” adve…
This is a short WorldPing brief. The full report was published by The Guardian.
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WorldPingTechCrunch
FTC accuses Amazon of running a ‘secret ad surcharge scheme’ in new lawsuit
Amazon is facing a new lawsuit from the FTC and 22 states for allegedly secretly charging businesses more for advertising.
Brief by WorldPing · Original reporting by TechCrunch
WorldPingBBC Business
Amazon rigged billions in ad pricing, lawsuit from states and US watchdog alleges
Amazon responded to the lawsuit, arguing the US Federal Trade Commission "misunderstands" their ad market.
Brief by WorldPing · Original reporting by BBC Business
The Verge
FTC lawsuit alleges Amazon has been ‘secretly and systematically’ overcharging for ads
The FTC and 22 state attorneys general are suing Amazon for allegedly using a "secret ad surcharge" to drive up prices for ads on its website and app.
Brief by WorldPing · Original reporting by The Verge
WorldPingEngadget
Apple adds more allegations to its trade secrets lawsuit against OpenAI
It claims a laptop proves that a former employee accessed and used proprietary files for the AI company.
Brief by WorldPing · Original reporting by Engadget
WorldPingFortune
Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age 21
Critics warn prediction markets let 18-year-olds make sports wagers while bypassing state betting age limits.
Brief by WorldPing · Original reporting by Fortune