š Amazonās reckoning?

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Hereās what you need to know
The US Federal Trade Commission and 17 states are suing Amazon in a landmark case. The lawsuit says the e-commerce giant uses its position to choke out the competition, violating both federal and state antitrust laws.
The EU said X is the social network most responsible for fake news. European Commission vice president VÄra JourovĆ” said Elon Musk needs to get ahead of it before Russia does real damage as election season looms.
JPMorgan is settling over its ties to late financier and sex-trafficker Jeffrey Epstein. The bank agreed to pay $75 million to the US Virgin Islands, with $55 million earmarked for local charities that help victims of domestic abuse and trafficking.
Apple, youāre being awfully quiet about AI over thereā¦
Microsoft, Google, Meta, and Amazon may be the noisy ones about artificial intelligence these days, but thereās been barely a peep from everyoneās favorite iPhone-maker.
That doesnāt mean Appleās been idle. In fact, itās been on a shopping spree, buying up more AI and machine learning companies than anyone else.

Michelle Cheng takes a look at what companies Appleās buying and how AI could be integrated into its devices in the near future.
Whoās cheering for Blue Originās new CEO?
Jeff Bezosās 24-year-old space company has yet to catch up to its lofty ambitions of putting thousands of humans into space. Thus far, its greatest accomplishment has been the New Shepard small rocket and space capsule, which has been grounded for a year.
Blue Originās culture under outgoing CEO Bob Smith has had problems, too, with rumors of sexual harassment and criticism of unchecked safety concerns. So Bezos has turned to Amazonās device division chief Dave Limp, who Bezos announced on Monday will take over in December.
Why is the space industry crossing its fingers that Limp can turn the tide? As Quartz Space Business reporter Tim Fernholz explains, it comes down to SpaceX: āBlue Origin has long been held as the only company with the capital and the vision to compete with SpaceX at a time when Elon Muskās firm has a virtual monopoly on satellite launch and human spaceflight in the US and Europe.ā
Ford said, CATL said
Ford is halting work on its $3.5 billion electric-vehicle battery factory in Michigan, but the automakerās partner in the projectāthe Chinese battery giant CATLāinsists that the EV collaboration is ongoing.
Who to believe?
š Ford says: A ānumber of considerationsā lie behind the decision to suspend work on the plant, though specifics have not been shared.
šCATL says: Its partnership with Ford is forging ahead and the suspension is āfake information,ā according to Chinese state-run business outlet STAR Market Daily (link in Chinese).
š§ The United Auto Workers union says: The hiatus is a āshameful, barely veiled threat by Ford to cut jobsā amid its current strike.
Mary Hui explains the possible rift in a partnership that the US government had already been investigating as a potential threat to national security.
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