California accuses Amazon of price fixing amid rising AI layoffs and satellite internet bets. Founded by Jeff Bezos in 1994, Amazon’s still shaping tech and retail.
A recent interview with Amazon veteran Ethan Evans highlights the importance of employees vocalizing their needs during company reorgs. Evans emphasizes that those who advocate for themselves tend to benefit more, especially amid ongoing layoffs. He advises making career goals known and sharing work regularly to increase visibility.
A mother in the US received a $5,185 phone bill after her daughter unknowingly made international calls on Roblox. Reddit users suggested solutions like blocking international calls or negotiating with the provider. The story highlights online safety and billing issues for parents today.
The US job market showed signs of resilience in March with 178,000 new jobs added, surpassing expectations. However, ongoing geopolitical tensions and rising oil prices threaten future growth, with analysts warning of potential slowdown and increased unemployment due to the Middle East conflict.
Several logistics and shipping companies, including Amazon, USPS, UPS, and FedEx, have announced new fuel-related surcharges due to rising fuel prices caused by ongoing geopolitical conflicts. These surcharges aim to offset increased operating costs and are expected to impact consumer prices and seller margins starting from April 17, 2026.
Anthropic has released the Mythos model to a limited group of firms under Project Glasswing and has warned it can find thousands of software vulnerabilities faster than humans. Regulators and finance leaders in the US, UK, EU and Canada have convened urgent meetings, wargames and briefings to assess risks and coordinate defensive access and rules.
Unionized residential building workers in New York City have been preparing for a strike set to begin April 20 after negotiations over wages, benefits, and healthcare have failed. The contract expiration is imminent, and the union is demanding better pay, pensions, and healthcare protections. The strike could impact 1.5 million residents across the city.
A government panel has found evidence of child marriages, sexual abuse, and cover-ups within the Yavne'el Bratslav community. The report highlights systematic concealment of abuse and early marriages, with community members fearing retaliation for speaking out. The community's practices are linked to religious beliefs and cultural norms.
A 99-year-old woman in New York has been exercising regularly, lifting light weights and doing cardio, which her doctor has praised. Her routine includes daily gym visits, balance work, and physical therapy, contributing to her longevity and well-being as she approaches her 100th birthday.
Snap has announced it is cutting 1,000 jobs, representing 16% of its workforce, citing rapid AI development. The company aims to reduce costs by over $500 million and improve profitability, with layoffs affecting mainly North American staff. The move follows similar layoffs across the tech sector driven by AI integration.
A U.S. District Court has issued a preliminary injunction that prevents Nexstar and Tegna from merging amid ongoing legal challenges. The court finds that the merger is likely to harm competition, increase consumer costs, and reduce local journalism. The companies have already completed the deal but are now halted pending further legal proceedings.
California has filed a lawsuit alleging Amazon has engaged in illegal price-fixing practices by pressuring vendors to raise prices and coordinate with competitors. The case, initiated in 2022, is scheduled for trial in January 2027. The allegations include Amazon's efforts to manipulate prices on various products and platforms.
Sam's Club has introduced an enhanced express delivery service in the US, fulfilling nearly 65,000 orders with an average of 55 minutes. The service offers delivery in less than an hour for club-sized products, intensifying competition with Costco and boosting Walmart's e-commerce growth.
Developing signals around an AI-driven market rally point to a late-cycle melt-up risk, with indicators suggesting momentum could cool as funding and demand tighten. Investors monitor signs of a potential correction amid a still-lofty market backdrop.
OpenAI has revised its cloud partnership with Microsoft, making OpenAI’s models available across any major cloud provider and stripping exclusive revenue-sharing obligations through 2030. Microsoft remains a primary partner through 2032, but the license is now non-exclusive. The change unfolds ahead of a high-profile Musk-led legal case and amid competing cloud interests from Amazon and others.
A Guardian piece chronicles a month of anti-consumption experiments, detailing how various methods have fared in curbing impulse purchases, with one strategy resulting in substantial savings while another approach risks a return to shopping urges.
Meta has reported a milestone quarter with revenue up 33% to $56.31 billion and earnings of $10.44 per share in Q1. The company cites momentum across its apps and the first model from Meta Superintelligence Labs, while guiding for Q2 revenue of $58–$61 billion and capital expenditure up to $125–$145 billion as it expands AI infrastructure and talent; headcount stands at about 78,000 after a 10% layoff previously.
International Workers' Day actions have taken place across multiple countries, with the US organising a coordinated 'May Day Strong' economic blackout of walkouts, boycotts and marches while protests in Bolivia have entered a third day with unions striking over agricultural, education and labour reforms amid a currency shortage.
Muslim American candidates are running for re-election or first-time office amid threats from the Trump administration era, with focus on Gaza policy and domestic issues like healthcare and wages. Notables include Abdul El-Sayed in Michigan, Adam Hamawy in New Jersey, and Aisha Wahab in California. Some incumbents like Ilhan Omar and Rashida Tlaib are seeking re-election. One Somali mayor in Maine has decided not to seek re-election due to harassment.
Anthropic has signed a compute agreement with SpaceX to use Colossus 1 data-center capacity, expanding access to Nvidia chips as demand for Claude and Claude Code grows. The move follows a period of outages and loosened usage limits, as Anthropic seeks to accelerate delivery of its AI products amid rapid revenue growth.
Kalshi has raised $1 billion in a new round led by Coatue, lifting its valuation to $22 billion as it targets major institutional users. The funding comes as Kalshi reports an annualized trading volume of $178 billion and more than $1.5 billion in annualized revenue, with about two million monthly users.