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Amazon will refund $1.5B to 35M customers allegedly duped into paying for Prime

4 weeks 1 day ago
Former FTC chair Khan not happy her legal wrath ended in settlement worth just 14% of Amazon's quarterly net

Amazon has settled the Federal Trade Commission's case against it for making it too hard to quit Prime, and while it naturally didn't admit to any wrongdoing, it's still going to pay out one of the largest settlements in FTC history to make the matter go away. …

Brandon Vigliarolo

Microsoft Disables Some Cloud Services Used by Israel's Defense Ministry

4 weeks 1 day ago
Microsoft has disabled the Israeli Defense Ministry's access to certain services and subscriptions, after finding evidence that the ministry used the tech company's cloud services to surveil Gaza citizens. WSJ adds: The software company made the move after an internal investigation indicated Israel's Defense Ministry used Microsoft's Azure cloud services for surveillance, according to a person familiar with the matter. The company probe is ongoing. "As employees, we all have a shared interest in privacy protection, given the business value it creates by ensuring our customers can rely on our services with rock solid trust," Microsoft President Brad Smith said in a blog post Thursday on Microsoft's company website. Smith said Microsoft's investigation was guided by the company's "longstanding protection of privacy as a fundamental right." Microsoft opened the probe after the Guardian, the British news organization, reported in August that Israel used Azure to store data on Gaza civilians and surveil them. The issue has been the source of protests at the company.

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Cloudflare To Launch Stablecoin for AI-Driven Internet Economy

4 weeks 1 day ago
Cloudflare announced plans Thursday to launch NET Dollar, a U.S. dollar-backed stablecoin designed to enable autonomous AI agents to conduct instant financial transactions. The company says the stablecoin will support microtransactions and pay-per-use models as AI agents take over tasks like booking flights and ordering groceries. BrianFagioli comments: A U.S. dollar-backed cryptocurrency from Cloudflare feels unusual to me, and I'm still surprised by it. The decision shows just how much the Internet is shifting in response to artificial intelligence. CEO Matthew Prince said, "For decades, the business model of the Internet ran on ad platforms and bank transfers. The Internet's next business model will be powered by pay-per-use, fractional payments, and microtransactions -- "tools that shift incentives toward original, creative content that actually adds value." He added that by using its global network, Cloudflare aims to "help modernize the financial rails needed to move money at the speed of the Internet."

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OpenAI Says GPT-5 Stacks Up To Humans in a Wide Range of Jobs

4 weeks 1 day ago
An anonymous reader shares a report: OpenAI released a new benchmark on Thursday that tests how its AI models perform compared to human professionals across a wide range of industries and jobs. The test, GDPval, is an early attempt at understanding how close OpenAI's systems are to outperforming humans at economically valuable work -- a key part of the company's founding mission to develop artificial general intelligence or AGI. OpenAI says its found that its GPT-5 model and Anthropic's Claude Opus 4.1 "are already approaching the quality of work produced by industry experts." That's not to say that OpenAI's models are going to start replacing humans in their jobs immediately. Despite some CEOs' predictions that AI will take the jobs of humans in just a few years, OpenAI admits that GDPval today covers a very limited number of tasks people do in their real jobs. However, it is one of the latest ways the company is measuring AI's progress towards this milestone. GDPval is based on nine industries that contribute the most to America's gross domestic product, including domains such as healthcare, finance, manufacturing, and government. The benchmark tests an AI model's performance in 44 occupations among those industries, ranging from software engineers to nurses to journalists.

Read more of this story at Slashdot.

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