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“FTC Files Lawsuit Against Amazon, Alleging Monopoly Practices and Anticompetitive Behavior”

US regulators have taken legal action against Amazon, alleging that the e-commerce giant is engaging in illegal practices to maintain a monopoly in the market. The Federal Trade Commission (FTC) has a...

“Amazon Invests $4 Billion in AI Firm Anthropic in Race to Advance Generative AI Capabilities”

Amazon’s investment of up to $4 billion in Anthropic, a San Francisco-based AI company, reflects the ongoing competition among major tech companies to harness the potential of artificial intelli...