Regulators say the e-commerce giant forced more than a million advertisers to pay more than they should have. The company denies the claims.

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FTC 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” advertisers on Amazon.com.

The Federal Trade Commission (FTC) said these practices led to higher costs for customers on items like groceries and other essential goods that are sold on Amazon.

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© Photograph: Charles-McClintock Wilson/NurPhoto/Shutterstock

© Photograph: Charles-McClintock Wilson/NurPhoto/Shutterstock

© Photograph: Charles-McClintock Wilson/NurPhoto/Shutterstock

Given access to email, A.I. agents have started reaching out to the philosophers and researchers exploring deep questions about them.

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Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system

The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology.

In a two-page letter sent to international finance ministers and central bank governors as part of his role as chair of the international Financial Stability Board (FSB), Bailey said “frontier” AI models were “showing increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities”.

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© Photograph: Richard Drew/AP

© Photograph: Richard Drew/AP

© Photograph: Richard Drew/AP

State attorneys general spent months in negotiations. Then, as its legal losses mounted, the social media giant’s new top lawyer brought a huge settlement to the table.

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Smoking used to be everywhere, the way Facebook, TikTok, Snap, YouTube and Instagram are now. Society decided to break the habit, but it took a long time.

© Jason Henry for The New York Times

A playbook to curb the growing power of Big Tech.

Meta’s settlement is far from perfect, but it’s better than nothing.

Across the country, parents described feeling some validation after the landmark $17.1 billion settlement. But they also felt skeptical that much of anything will change.

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In an open letter, OpenAI, Anthropic, Google and others said that a wave of A.I.-enabled cyberattacks was coming and that organizations and governments needed to prepare themselves.

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In “The Anxious Generation,” he laid out the evils of social media for kids. The landmark Meta settlement seems to agree.

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The social networking giant projected it could spend $10 billion annually on Anthropic’s tools, illustrating the friend-foe relationships underlying the A.I. race.

The tech giant’s landmark deal with states over teen use of social media may cost the company less than expected. It may hurt rivals more.

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Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.

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Plus, a breakthrough in cancer treatment.

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Meta, the social media giant, agreed to change the way children interact with its apps. That could be trouble if its competitors don’t abide by the same rules.

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A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.

© Ricardo Tomás

Governments around the world have passed or proposed a range of bans or restrictions on young teens using addictive social media platforms.

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Meta agreed to set more time limits and enhance protections in its platforms for young users, but was short on some specifics.

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