FTC and 22 States Sue Amazon Over Advertising Practices

1 September 2026 at 00:44

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

The Federal Trade Commission and the states said Amazon misled brands and sellers into paying more for ads; the company is denying the accusations.

US trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges

The Guardian

By: Dara Kerr and Blake Montgomery

31 August 2026 at 22:41

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.

Study A.I. Consciousness? The Bots Would Like a Word With You.

NYT > Top Stories

By: Cade Metz

31 August 2026 at 23:21

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

AI could cause global economic downturn, Bank of England governor tells G20

The Guardian

By: Simon Goodley

31 August 2026 at 12:00

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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