Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow 
Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data 
Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook 
Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy 
KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally 
Antofagasta Shares Drop 5% as Miner Cuts 2026 Copper Production Forecast 
CBA Posts Record A$10.98B Profit Despite Cautious Outlook 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
Gold Price Hits Two-Month High as Investors Await US Inflation Data 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
Airbus Joins Air India A320 Altitude Drop Probe 
Add as a preferred source on Google
Amazon Inc. is set to pay more than $30 million to the U.S. Federal Trade Commission (FTC) to settle a case related to its Alexa voice assistant and Ring doorbell cameras. The company was accused of violating privacy laws over the use of the said devices.
To end the two federal lawsuits that alleged it had breached users’ privacy, including that of children, Amazon agreed to pay the settlement. According to CNN Business, the FTC claimed that for years, Amazon has been retaining voice recordings on Alexa and videos recorded on its Ring doorbell device.
The commission said that Amazon also stored data related to geolocation. It added that in some instances, the e-commerce and tech giant retained the private data without consent from the users. The FTC mentioned that there were also requests from users to delete the data, but Amazon never did.
Moreover, in the lawsuit, the trade commission alleged that data policies at Amazon are not strict, which means that unauthorized people may have accessed the information as well. It said that this was the case involving footage on the company’s Ring doorbell.
The FTC further indicated in the complaint accompanying the settlement that Ring, which was acquired by Amazon in 2018, has granted employees unrestricted access to videos recorded from the users’ home security systems.
“Between January 2019 and March 2020, more than 55,000 U.S. customers suffered from credential stuffing and brute force attacks that compromised Ring devices,” part of FTC’s complaint reads. “Through these attacks, bad actors gained access to hundreds of thousands of videos of the personal spaces of consumers’ homes, including their bedrooms and their children’s bedrooms - recorded by devices that Ring sold by claiming that they would increase consumers’ security.”
At any rate. while Amazon agreed to the settlement, it said it denied the allegations and stated it did not violate any laws. “While we disagree with the FTC’s claims regarding both Alexa and Ring, and deny violating the law, these settlements put these matters behind us,” the company said in a statement.
Reuters reported that Amazon is paying $5.8 million to settle the case related to Ring and will pay $25 million to settle the children's privacy rights allegations saying it failed to delete the voice recordings on Alexa despite requests from parents.
Photo by: Nicolas J Leclercq/Unsplash
