1+ week, 5+ day ago   (888+ words) The U.S. Federal Trade Commission and a group of US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers by more than $20 billion since 2019. The complaint filed Monday in Seattle federal court alleges Amazon ultimately misled 1.2 million…...

2+ week, 5+ day ago   (225+ words) Claims Journal The U.S. Federal Trade Commission reached a settlement resolving its antitrust case against Zillow Group Inc. and Rocket Companies Inc.’s Redfin, the agency said. Redfin will re-enter the market to independently sell online rental listings, an FTC lawyer…...

1+ mon, 3+ week ago   (315+ words) The Trump administration is considering plans for an independent regulator to vet the safety of artificial intelligence models with industry input, after Silicon Valley leaders complained about the ad-hoc nature of recent U.S. moves to slow the release of cutting-edge AI…...

2+ mon, 6+ day ago   (591+ words) A federal judge on Monday rejected Elon Musk’s bid to void a jury verdict finding that the world’s richest person defrauded Twitter investors by trying to drive down the social media company’s stock price after agreeing to a $44 billion takeover....

2+ mon, 1+ week ago   (478+ words) A Swedish court on Wednesday ordered Alphabet’s Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by payments platform Klarna, for favoring its own shopping service in search results. The award, equivalent to around 14.3 billion…...

3+ mon, 1+ week ago   (340+ words) OpenAI CEO Sam Altman will push his vision for public-private collaboration on artificial intelligence during a visit to Washington on Wednesday, part of a broader policy agenda that also includes creating a vehicle to pass AI’s potentially vast financial windfall…...

3+ mon, 2+ week ago   (260+ words) Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in a Delaware state…...

4+ mon, 5+ day ago   (1310+ words) The property insurance industry is undergoing a rapid and necessary transformation. Advances in data, automation, and artificial intelligence are reshaping how claims are received, triaged, and processed. Faster cycle times, reduced administrative burden and improved consistency are real and meaningful…...

4+ mon, 1+ week ago   (355+ words) Alphabet Inc.’s Google, Microsoft Corp. and xAI have agreed to give the U.S. government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public....

4+ mon, 4+ week ago   (1547+ words) A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the prediction market Kalshi. He checked the Times…...