The FTC and 22 state attorneys general are suing Amazon, accusing the company of secretly inflating advertising prices through undisclosed changes to its auction system that may have extracted more than $20 billion from advertisers since 2019. "Amazon has millions of advertising customers who were misled into paying significantly higher prices,"… Read More »
According to The Information (paywalled), Apple reportedly moved up the release of new Mac mini and Mac Studio models after unexpectedly strong enterprise demand for Macs capable of running AI workloads. MacRumors reports: Apple normally releases new Mac models in the autumn, closer to October or November, making this week's announcement unusually… Read More »
Broadcom is launching "TrueSource," an effort to curate and secure open-source components used with its Tanzu platform, including Spring, RabbitMQ, and libraries across Java, Python, and Node.js. "The idea is to provide a set of solutions focused on providing clean and secure artefacts," Purnima Padmanabhan, vice president of Broadcom's Tanzu… Read More »
Kalshi has issued its first-ever lifetime ban to former U.S. Rep. George Santos after concluding he failed to fully cooperate with an insider-trading investigation. He is also being fined $71,356, according to a filing (PDF) on its website. Engadget reports: It was reported in June that Santos was under investigation from the Department of… Read More »
Bank of England Governor Andrew Bailey is warning that advanced "frontier" AI models could materially increase cyber risk across the global financial system by making attacks faster, cheaper, and more scalable. In a letter to G20 finance officials, he said financial firms need stronger defenses and contingency plans for simultaneous disruptions.… Read More »
An anonymous reader quotes a report from 9to5Mac: Today is Tim Cook's last day as Apple CEO, with John Ternus set to take over tomorrow. To mark his last day in the role, Cook penned an emotional memo to Apple employees today. In the memo sent to employees this morning and obtained by 9to5Mac, Cook reflects on his time at Apple and thanks… Read More »
MapQuest's refusal to rename Lake Ontario as "Lake America" has sent its app surging up the charts, making it the No. 1 navigation app in the U.S. and driving "hundreds of thousands" of new downloads. In contrast, Google Maps announced on Saturday that it was complying with the Trump administration's name change. TechCrunch reports: The "OG of… Read More »