#amazon

The Apex Building, the Federal Trade Commission headquarters, seen from above at dusk on Constitution Avenue in Washington, D.C.

The FTC says Amazon hid a surcharge in its ad auctions, and winners paid their own bid 80% of the time

The FTC and 22 states allege Amazon quietly turned its second-price ad auction into a first-price one, charging Sponsored Products winners their full bid.

Cerebras corporate site Open Graph card.

Hardware·4 months ago

Cerebras priced its IPO at $185 and closed at $311. Andrew Feldman and Sean Lie became billionaires.

Cerebras raised $5.55 billion on May 14 and closed its first day at a $95 billion market cap. The wafer-scale AI chip maker shipped the year's biggest tech IPO.

AWS marketing illustration of an interconnected machine-learning workflow.

AI·4 months ago

OpenAI's models are on AWS Bedrock the day after Microsoft lost exclusivity

Amazon shipped Bedrock Managed Agents powered by OpenAI on April 28, plus Codex on Bedrock. Altman tells Stratechery the runtime matters as much as the model.

Anthropic illustration from the Amazon compute deal announcement.

AI·5 months ago

Amazon puts another $5B into Anthropic. Anthropic promises $100B back to AWS.

Amazon added $5B (up to $20B) to its Anthropic stake. Anthropic committed $100B+ to AWS over 10 years and 5 GW of Trainium capacity.

Amazon Fire TV home screen on a television

Hardware·5 months ago

Amazon is done with Android on Fire TV. Vega OS is the only future.

Amazon's new Fire TV Stick HD ships with Vega OS, no sideloading allowed. Sources say every future Fire TV will follow. Here's what changes for users and devs.

iPhone satellite connection screen showing Messages, Find My, Roadside Assistance, and Emergency SOS

Apple·5 months ago

Amazon is buying Globalstar for $11.57B, and Apple just re-signed the satellite deal

Amazon's Leo constellation just swallowed the satellite provider behind iPhone Emergency SOS. Apple signed a new deal on the same day keeping every satellite feature running.