FTC lawsuit alleges Amazon has been ‘secretly and systematically’ overcharging for ads
Amazon responded saying the FTC’s claim ‘fundamentally misunderstands how advertisers behave.’ Source: The Verge
4 REASONS WHY PEOPLE DITCH THEIR ALEXA DEVICES
There are several reasons, including loss of interest, disappointing performance, Alexa’s suggestions amounting to thinly veiled ads, and increasing privacy concerns. Source: SlashGear
Amazon devices chief Panos Panay says AI is moving beyond screens and apps
Amazon’s SVP of devices, Alexa and Leo, Panos Panay joins Arjun Kharpal to discuss how artificial intelligence is reshaping the company’s hardware strategy, from Alexa and Echo devices to wearables, smart glasses, robotaxis and satellites. Source: https://www.cnbc.com/video/2026/07/02/amazon-panos-panay-the-tech-download.html
Amazon turns Mumbai into immersive media canvas
Large-format OOH, transit media communications, projection mapping, and branded city landmarks dot the Mumbai landscape as the brand goes all out to capture the attention of its TG. Source: https://www.media4growth.com/showcase/campaigns/amazon-turns-mumbai-into-immersive-media-canvas-84785
Amazon committed to developing Lord of the Rings game, is “evaluating different concepts”
Amazon remains committed to developing a Lord of the Rings game, despite recent reports of its MMO project being cancelled. Source: https://www.gamesindustry.biz/amazon-committed-to-developing-lord-of-the-rings-game-is-evaluating-different-concepts
AI cost crisis hits tech giants as employee ‘tokenmaxxing’ backfires, sparking corporate pullback at Microsoft, Meta, and Amazon — agentic AI eats up to 1000x more tokens than standard AI
OpenClaw creator Peter Steinberger claimed that his team spent more than $1.3 million in token costs in just a single month. Because of this, it’s now apparent that using AI is more expensive than hiring people, especially since it offers … Continued