Amazon Accused of $20B Scam, Tesla Cybercab Audit, Adobe CEO Exit, VW Job Cuts, Nvidia:Business News

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Today’s business news covers major updates from Amazon, Tesla, Nvidia, Adobe, Tata Chemicals, Volkswagen, Slice, Krafton and Figure AI, along with an important proposed change to India’s GST cancellation process.

Amazon is facing serious allegations regarding its advertising auction system, with claims of artificial bid inflation and advertiser overcharging. Tesla’s driverless Cybercab is under safety scrutiny while the company’s profit margins remain under pressure. Nvidia’s growing investments in AI companies have also raised questions about a possible circular money loop—where Nvidia invests in companies that later use that capital to purchase its GPUs.

We also discuss Adobe’s leadership transition after Shantanu Narayen’s long tenure, Kenya’s warning to Tata Chemicals, Volkswagen’s major job-cut strategy, and Krafton’s plan to invest another $250 million across India’s gaming, AI, robotics and deep-tech sectors.

Other important updates include Figure AI’s $3.5 billion compute agreement, Slice’s ₹950 crore funding round after turning profitable, and the Indian government’s proposed automatic GST registration cancellation mechanism.

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Time Stamp:
00:00 – FTC Allegations Against Amazon ($20 Billion Ad Fraud)
01:57 – Impact on Automated Bidding & Marketing Industry
03:42 – Like, Subscribe & Amazon Workshop Announcement
04:16 – Tesla’s Cybercab & Self-Certification Audit
05:20 – Tesla’s Revenue & Profit Margins Analysis
05:43 – Adobe CEO Shantanu Narayen to Step Down
06:55 – Creating Presentations Using AI
07:20 – Kenya President Asks Tata Chemicals to Exit
08:46 – Krafton’s $250 Million Investment Plan for India
09:49 – Figure (Robotics) $3.5 Billion Compute Deal with NVIDIA
10:44 – NVIDIA’s Investment Strategy & Market Valuation
11:58 – Volkswagen Layoff Plans (Up to 100,000 Employees)
12:57 – Slice Raises $115 Million Funding Round
13:56 – Government’s Plan for Automatic GST Cancellation
14:27 – Global Market Update (S&P 500, Gold, Crude Oil)

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