Amazon announced a new feature in its shopping app that displays AI-generated images of products based on user search queries. The aim is to help customers find items when they don't know the exact terms to describe them, by showing visual options related to their search. However, this approach may mislead shoppers since the images are not of real products but AI creations, potentially causing confusion or disappointment. This move follows Amazon's broader efforts to integrate AI into shopping, including AI summaries of reviews and voice-activated shopping via Alexa.
JPMorgan introduced two new ETFs, ROCY and ROCQ, designed to reduce the tax burden on income for investors holding shares in taxable accounts. Unlike JEPI, which generates mostly ordinary income taxable annually, these new funds focus on return-of-ca...
Amazon faces a lawsuit from the FTC and 22 states accusing it of secretly raising advertising costs through deceptive auction practices. The complaint alleges Amazon misled over a million advertisers by adding a hidden surcharge and using fake bids t...
The Federal Trade Commission (FTC) filed a major lawsuit against Amazon, accusing the company of illegally inflating the prices businesses paid for advertising on its platform since 2018. The complaint alleges Amazon secretly placed its own bids in a...
The Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the company of secretly raising the minimum prices advertisers must pay to place ads. The lawsuit, involving over 20 state attorneys general, covers a seven-year period d...
The Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the company of secretly raising the minimum prices advertisers must pay to promote their products. The lawsuit, involving more than 20 state attorneys general, covers a s...
