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Amazon Sued by D.C. AG in Antitrust Suit Over Pricing

May.25 — Amazon.com Inc. was sued by the attorney general for Washington, D.C. Karl Racine accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers. Meanwhile, Amazon is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter. Spencer Soper reports…

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May.25 — Amazon.com Inc. was sued by the attorney general for Washington, D.C. Karl Racine accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers. Meanwhile, Amazon is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter. Spencer Soper reports on “Bloomberg Daybreak: Australia.”

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5 Comments

5 Comments

  1. Sir Derty ✓

    May 25, 2021 at 11:24 pm

    They need to stop the merger and monopoly of big media, in tv media news, and also in social media monopolies.

    • Sir Derty ✓

      May 25, 2021 at 11:25 pm

      including amazon like washington post and now others .. why does disney and amazon need to give us news formed in their vision? that says odd things about what their motives are for running all these news corps they buy out…

  2. Brain G

    May 25, 2021 at 11:38 pm

    Get em

  3. L C

    May 25, 2021 at 11:42 pm

    In Rocky, the underdog finally won. A little late for all the retailers who have been socked out of the marketplace by Amazon, and Wal Mart.

  4. Patrick Asplund

    May 26, 2021 at 12:28 am

    You do know what’s going to happen right? Amazon plays dirty. They’ll still sell you the same shit, at the same price and you’ll have a “Grand Total $100”. And below that you’ll have a line called “Karl Racine Tax $20= $120”. He will be synonymous with something people hate (paying more money for cheap shit like toilet paper) and it’ll ruin him.

    Item: Anal Bead Vibrator
    Price:$89

    State Tax: $6.50
    Federal: $3.50

    Expedited Shipping
    $11.00

    Some other stupidity
    $10

    AMAZON SAVED YOU 10%
    TOTAL: $100

    add KARL RACINE TAX:
    $20

    $120

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Bloomberg Technology

SpaceX May Buy Data From Failed Startups for AI Models

Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech”…

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Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports.
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AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers

As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…

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As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg’s California reporter Francesca Maglione joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The Case for AI Guardrails Without a Slowdown

AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on…

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AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on “Bloomberg Tech.”
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