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WASHINGTON—The Federal Trade Commission reached a $5.8 million settlement with Amazon.com Ring doorbell unit on charges that it compromised customers’ privacy by allowing employees and contractors to access consumers’ videos, and enabled hackers to take control of consumers’ cameras. Under a proposed FTC order, Ring would be required to delete data derived from videos it unlawfully reviewed. It also will be required to implement a new privacy and security program that includes multifactor authentication for both employee and customer accounts...

(Bloomberg) -- Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission Wednesday related to privacy lapses by its smart devices.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustYields Slide on Fedspeak; Banks Weigh on Stocks: Markets WrapHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysDebt-Limit Deal Heads to House Vote After...

The old Wall Street adage to sell in May and go away held true this year — aside from AI-related stocks, that is...

(Bloomberg) -- Amazon.com Inc. employees walked off the job Wednesday to protest the company’s return-to-work policies, impact on the climate and deepest-ever round of layoffs. The protest, organized by Amazon Employees for Climate Justice and Amazon’s Remote Advocacy group, was centered on the company’s Seattle headquarters and drew a few hundred corporate employees during the lunch hour. They gathered under leaden skies near the Spheres, the plant-filled orbs at the heart of the corporate camp...

Amazon.com agreed to pay $25 million to settle allegations that it violated children's privacy rights with its Alexa voice assistant, according to a court filing on Wednesday...

Last year was a big year for stock splits. The move to split a stock doesn't change a company's market value -- but by offering more shares to current holders, it lowers the price of each individual stock. Two of last year's stock split companies have climbed in the double digits this year...

The company expects artificial intelligence to reduce the number of damaged items moving through fulfillment centers and to speed up deliveries...

Software firm C3.ai reports earnings after the close Wednesday, one day after a 33% spike in the company's share price amid an investor frenzy for artificial-intelligence stocks...