SARASIJ'S BLOG
NEWS SNIPPET ||26Sept.25
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NEWS SNIPPET
SARASIJ MAJUMDER||26Sept.25
1.0: Prime Payout: Amazon reached a $2.5B settlement with the
Federal Trade Commission yesterday, ending a civil trial over claims it
enrolled customers in Prime without consent and intentionally made
cancellations difficult. The company's shares fell 1% on the news.
Without admitting wrongdoing, Amazon will pay a $1B civil
penalty—the largest in FTC history—and refund $1.5B to affected consumers.
Prime, with over 200 million paying members, helped generate almost $24B in
subscription revenue in the first half of 2025. However, the FTC alleges Amazon
locked nearly 40 million consumers into recurring subscriptions with deceptive
page designs, including a four-page, six-click, 15-option journey to cancel
called "Iliad Flow." Amazon revised the flow in 2023 and must continue
streamlining user journeys under the settlement.
In recent weeks, the FTC settled similar lawsuits against
Match Group for $14M and Chegg for $7.5M and filed a new complaint against the
operators of LA Fitness.
2.0 Sarkozy Sentenced: Former French President Nicolas Sarkozy was
sentenced yesterday to five years in prison after being convicted of criminal
conspiracy, marking the first time a French president in modern history has
been sentenced to prison. Sarkozy, 70, led France from 2007 to 2012.
Prosecutors said he conspired between 2005 and 2007 to
secure millions of euros from Libyan dictator Muammar Gadhafi to finance his
2007 presidential bid. Then serving as interior minister, he allegedly promised
to help restore Libya’s international standing in exchange for the funds. The
case described a network of Libyan officials, intermediaries, and covert cash
transfers into Paris. He was acquitted of separate charges of passive
corruption, illegal campaign financing, and embezzlement.
Sarkozy has prior convictions for corruption, influence
peddling, and campaign finance violations, and has been stripped of the Legion
of Honor, France’s highest distinction. He is expected to begin serving his
sentence within a month, but has said he plans to appeal. Source: Daily Digest
3.0 Sir Keir Starmer, Prime Minister: We must be
absolutely clear that tackling every aspect of the problem of illegal
immigration is essential. It is a complex problem requiring action right across
government, and in the last few weeks we have seen the first flights returning
people who have no right to be here.
The simple slogans offered by Reform will not do anything to
resolve the problem. There is no silver bullet, but we must enforce every
possible measure to deter migrants from entering British waters. Source—Telegraph/UK
4.0 CLIMATE: Most of the world’s countries gathered to review
their 2035 climate pledges yesterday at an event that saw China present its
first economy-wide target to cut emissions. The United States did not attend.
The meeting took place on the sidelines of UNGA, with UN Secretary-General
António Guterres hailing “the dawn of a new energy era.” However, climate
experts qualified China’s new goal as conservative, and other major emitters
have been slow to finalize their own. Source—The
Gurdian
5.0 Former FBI Director Indicted: A federal grand jury indicted former FBI Director
James Comey yesterday on two criminal charges—lying to Congress and
obstruction. The charges came five days before the statute of limitations was
set to expire. If convicted, Comey faces up to five years in prison.
The indictment stems from Comey’s virtual testimony before
the Senate Judiciary Committee on Sept. 30, 2020. Comey stated “no” when asked
if he had ever authorized someone at the FBI to serve as an anonymous source
about the Trump-Russia investigation to news reports (see clip). Prosecutors
contend Comey perjured himself with this statement and obstructed a
congressional proceeding. Source:Washington
Times
INDIA:
1. Prime Minister
Narendra Modi chaired the 49th PRAGATI meeting to review eight critical
infrastructure projects across Mines, Railways, Water Resources, Industrial
Corridors, and Power sectors, spanning 15 States and UTs with a combined
investment of over ₹65,000 crore.
2. OBITUARY: The death toll due to rain-related
incidents in Kolkata and adjoining areas has increased to 11. Water has receded
from many areas in Kolkata and the suburbs, but many areas are still
underwater.
3. In Asia Cup--Asia
Cup 2025 : India, Pakistan qualify for final, AND WILL PLAY FOR THE 3RD
TIME IN THE SAME TOURNAMENT.
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Comments
Good start. Well covered for morning freshness.
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