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.
Leading US AI companies like Google, Microsoft, Meta, Oracle, and Amazon are driving economic growth with heavy capital spending. However, their rapid investment and financial moves, including Alphabet's $80 billion equity raise and unclear AI spendi...
In July, President Donald Trump disclosed 1,156 securities transactions totaling between $79 million and $270 million. The largest trades included sales of Microsoft and Amazon shares worth between $5 million and $25 million each on July 20. This act...
Shopify has teamed up with Meta to allow its AI assistant Muse to make purchases through Shop Pay, following Amazon's decision to block Muse from its platform. Muse, launched by Meta, helps users find products and complete online purchases. Amazon bl...
Shopify's stock surged 7% after Meta's Muse AI agent gained the ability to browse Shopify stores and complete purchases using Shopify's Shop Pay checkout system. This partnership highlights Shopify's growing dominance in the payments layer for AI-dri...
Amazon announced a $1.9 billion investment in its Delivery Service Partner (DSP) program for 2027 to increase delivery associate pay to nearly $24 per hour and enhance safety. The company is deploying AI-powered tools like Smart Delivery Glasses and ...
