Connect with us

Hi, what are you looking for?

Hidden Profit ReportsHidden Profit Reports

Tech News

FTC says Amazon executives destroyed potential evidence by using apps like Signal

Illustration by Alex Castro / The Verge

FTC lawyers submitted a filing on Thursday that claims Amazon’s top execs used Signal’s disappearing messages feature to destroy evidence relevant to the agency’s massive antitrust lawsuit. (You remember the one? The FTC accused Amazon of creating a secret “Project Nessie” pricing algorithm that may have generated more than $1 billion in extra profits.)

Now, The Washington Post (which is owned by Amazon founder and former CEO Jeff Bezos) reports that Amazon is just one of several companies recently accused of turning to encrypted messaging apps like Signal that can permanently erase messages automatically.

You may recall the government making similar arguments about Sam Bankman-Fried’s use of Signal during his trial for fraud and how…

Continue reading…

You May Also Like

Stock

In this edition of StockCharts TV‘s The Final Bar, guest David Hunter of Contrarian Macro Advisors shares his updated target for the S&P 500, and makes...

Tech News

Photo by Justin Sullivan/Getty Images Just one day after Meta’s network went offline for a while, LinkedIn was inaccessible around the world, cutting off...

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave focuses on AAPL which closed below its 200-day moving average as it tests key price support....