THE TRUTH ABOUT: 12 | History Defined

Amazon Prime settlement expands with refunds increased to $200

An Amazon Prime settlement has expanded to include more customers and they could receive $200, up from the previous max of $51 per payment. The Federal Trade Commission announced the expansion last week under its historic $2.5 billion settlement with Amazon over allegations that it enrolled millions of customers in…

The Independent UK · Sep 22

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

Bezos’ stepfather’s first question about the company was “What’s the internet?” the Amazon founder previously said.

Fortune · Sep 22

How I Shop with Tom Daley: ‘I am obsessed with my knitting machine!’

Always wondered what everyday stuff celebrities buy, where they shop for food, and the basic they scrimp on? The retired diver talks scrapbooking, cheap chargers, and trouser fails with the Filter

The Guardian - UK · Sep 22

Two Children Hospitalized After Swallowing Magnets From Jerify Stick Figure Toys, Prompting Recall of 38,507 Amazon Sets

About 38,507 Jerify magnetic stick figure toy sets sold on Amazon are recalled after two children swallowed magnets and were hospitalized.

Medical Daily · Sep 22

Amazon's $8 Billion Generac Deal Shows AI's New Power Bottleneck

Amazon struck a deal worth up to $8 billion with Generac for backup generators to power its AI data centers, underscoring how electricity supply has become a critical bottleneck in its AI buildout.

MarketBeat · Sep 22

In 2014, Nas invested in smart-doorbell startup Ring; 4 years later, Amazon bought the company for $1.1 billion and the American rapper pocketed at least $25 million

Nas and Ring story is about the changing boundaries between entertainment, technology and entrepreneurship. Nas entered the investment world through QueensBridge Venture Partners and became an early backer of companies whose products addressed emerging consumer trends. Ring’s eventual acquisition by Amazon gave the rapper one of his most visible investment…

The Economic Times · Sep 22

Mixes Made with Certified Gluten-Free Plantain Flour Tested Far Above FDA Gluten Limit, Prompting Truly AIP Recall

Truly AIP flour, bread mix, and EAT G.A.N.G.S.T.E.R. pizza mix sold as gluten-free are recalled after gluten tested above the FDA limit.

Medical Daily · Sep 22

Amazon blocks Meta’s Muse AI agent from its retail site

Meta’s Muse, which was introduced earlier this month, is designed to help people carry out such common online tasks as shopping and booking appointments. Amazon prohibits other companies from deploying automated tools to shop its site and started blocking Muse on Sunday night, a spokesperson said. Shoppers using Muse see…

The Economic Times · Sep 21

Why Wall Street Analysts Love Generac Stock After a New Amazon Deal

Generac landed a supply agreement with Amazon, and analysts love it.

Barchart · Sep 21

Techie starts with Rs 3.2 lakh at TCS, lands Rs 40 lakh Amazon role within a year

Sourabh Mishra’s reported career journey from a Tier-3 government college to Amazon has gained attention online. According to an X post, he began at TCS with a Rs 3.2 lakh annual package after prioritising GATE preparation during college. About a year later, he reportedly moved to Amazon, where he now…

The Economic Times · Sep 21