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settlement

Amazon Stock Today: AI Ambitions, $2.5B Twist, and $3 Trillion Dreams

Amazon’s October 2025 Shockers: AI Ambitions, $2.5B Settlement and a Surging Stock

Financial Performance & Earnings Highlights Amazon entered Q4 on solid financial footing. In the last reported quarter (Q2 2025), the company beat expectations with $167.7 billion in revenue (+13% YoY) and $18.2 billion in net profit ts2.tech. Operating income more than doubled year-on-year, reflecting cost cuts and efficiency gains. Two high-margin engines stood out: Amazon Web Services (AWS) posted ~$30.8B in sales (up ~17% YoY) ts2.tech, and Amazon’s advertising unit (“Other” revenue) grew ~22% as it closes in on a $40B annual ad business ts2.tech. These segments carry ~30–35% operating margins, far higher than the core retail division ts2.tech, and
Capital One Savers Cheated Out of Billions – $425M Settlement Payout Deadline Fast Approaching

Deadline Looms: Capital One’s $425 Million Settlement Could Put Cash Back in Your Pocket—Here’s What You Need to Know

In‑depth report In January 2025, the Consumer Financial Protection Bureau accused Capital One of luring savers with promises of “high interest” returns on its 360 Savings account while quietly freezing that rate at 0.3%. The bureau said the bank simultaneously rolled out a 360 Performance Savings account with the same terms and conditions but far better returns—up to 4.3% during the Federal Reserve’s rapid rate hikes eu.usatoday.com. According to the CFPB, Capital One did not notify existing customers about the higher‑earning product and kept them in the dark about the rate differential masslive.com. The bureau’s director, Rohit Chopra, alleged that the practice “cheated families out of billions
2 October 2025
Capital One Savers Cheated Out of Billions – $425M Settlement Payout Deadline Fast Approaching

Capital One Savers Cheated Out of Billions – $425M Settlement Payout Deadline Fast Approaching

Capital One’s $425 million settlement stems from a years-long fight over alleged bait-and-switch tactics. The crux of the case is that Capital One promoted its “360 Savings” account as a top high-yield product, yet kept its rate locked at about 0.30% even as national rates climbed. At the same time, the bank quietly introduced a nearly identical “360 Performance Savings” account, which did pay much higher interest (reaching 4.3% by early 2024) reuters.com consumerfinance.gov. Existing 360 Savings customers were largely kept in the dark – for example, Capital One reportedly removed most references to the old account on its website and
30 September 2025
AI’s Explosive Weekend: $1.5B Settlement, Record Fines & Game-Changing Breakthroughs (Sept 7–8, 2025)

AI’s Explosive Weekend: $1.5B Settlement, Record Fines & Game-Changing Breakthroughs (Sept 7–8, 2025)

Key Facts Authors vs. AI: Landmark Settlement and New Copyright Battles After years of tension between creators and AI firms, content owners scored a major victory. Anthropic – maker of the Claude chatbot – agreed to pay $1.5 billion to settle a class-action lawsuit by authors who accused it of illegally downloading millions of pirated books to train AI reuters.com reuters.com. Plaintiffs say it’s the largest copyright payout in U.S. history reuters.com reuters.com, roughly $3,000 per book for about 500,000 titles. Under the deal, Anthropic will delete all illicit book data taken from shadow libraries and compensate authors for past use
8 September 2025
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