AMZO34 Stock Price and Chart — BMFBOVESPA:AMZO34

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Amazon will pay $2.5 billion to the FTC over misleading Prime service claims. This includes a $1 billion penalty and $1.5 billion for consumer refunds, plus changes to cancellation processes.

A civil lawsuit claims Amazon used misleading tactics to push users into Prime memberships and deter them from canceling their subscriptions.

AWS aims to boost its AI reputation amid competition in generative AI, focusing on its product roadmap and expecting over 60,000 attendees at the upcoming Reinvent conference.

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About Amazon.com, Inc.

Amazon.com, Inc. is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment offers retail sale of consumer products, including from sellers, advertising, and subscriptions services through North America-focused online and physical stores. The International segment focuses on retail sale of consumer products, including from sellers, advertising, and subscription services through internationally-focused online stores. The AWS segment is composed of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

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