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Amazon shares fell after the FTC and 22 states sued over alleged manipulation of advertising auctions, potentially causing $20 billion in advertiser overcharges. The case intensifies regulatory pressure, threatening Amazon’s high-margin advertising business and raising concerns about penalties, operational changes and future profitability.
Aedifica reports 62% jump in rental income after Cofinimmo deal
The Delhi-Meerut Namo Bharat corridor is set to receive power from a 110 MW captive solar plant, which is expected to fulfil nearly 60% of the corridor’s electricity needs. The National Capital Region Transport Corporation (NCRTC) has signed a power purchase agreement with NIRL NCRTC Renewables Limited (NNRL) for the project.
Taiwan shares higher at close of trade; Taiwan Weighted up 1.35%
A three-year-old boy was rescued from Munger, Bihar, after being kidnapped from a Delhi hospital. Police tracked the accused woman over one thousand kilometers using CCTV footage and technical surveillance. The woman allegedly kidnapped the child because she desired a son after having six daughters. The boy was safely recovered and reunited with his family…
Valeura accelerates Wassana field redevelopment in Thailand
‘Keep my wife’s name the hell out of your mouth’: JD Vance on remarks about Usha
Bunzl launches £500 million share buyback programme
OpenAI’s advertising business has achieved a one billion dollar annual revenue rate. This milestone follows the recent launch of ads within the popular ChatGPT platform. Ads are now available in over forty countries and expanding to new regions. The company is also introducing new ad formats and buying options for advertisers. This move diversifies OpenAI’s…
AstraZeneca appoints Wan Ling Martello to board