A Virginia man filed a $5 million class-action lawsuit against Amazon Ring, alleging its facial recognition feature violates privacy by scanning and storing faces without consent. The feature, Familiar Faces, identifies people near Ring cameras but captures data from all passersby, raising concerns over biometric data use and storage. The lawsuit highlights issues with consent, data retention, and potential misuse of sensitive biometric information. This case could influence how Ring and similar companies handle facial recognition technology in home security devices going forward.
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 are trading cautiously in pre-market ahead of the non-farm payroll jobs report due tomorrow. The Nasdaq 100 is testing support near 30,000, while the Dow Jones is consolidating between ...
Amazon has introduced AI-generated images in its US online shopping search to visually illustrate product concepts and improve search accuracy. These images are not of actual products but serve to guide customers who may not know exact product terms,...
Seattle City Council approved a one-year moratorium on new large AI data centers after Amazon engineers criticized the company for massive layoffs despite spending $200 billion on AI infrastructure this year. The move aims to regulate data center gro...
In 2025, Amazon overtook Walmart as the highest revenue-generating American company with $717 billion, surpassing Walmart's $713 billion. Amazon's revenue grew 12% year-over-year, boosted significantly by $129 billion from its Amazon Web Services (AW...
In 2026, several small-cap stocks in the Russell 2000 index surged over 400%, driven by AI infrastructure demand. ETFs like Vanguard Russell 2000 Growth (VTWG) and Inspire Small/Mid Cap (ISMD) held key winners such as Applied Optoelectronics, Aehr Te...
