The FTC has been investigating the company on a number of fronts, and the upcoming case will be one of the highest-profile moves in the Biden administration’s difficult effort to rein in the tech giants.

The trial is expected to take place in August. According to sources, a number of Amazon’s business practices will be challenged during the trial. If won, it could lead to a $1.3 trillion judicial restructuring of the empire and determine the legacy of Federal Trade Commission Chairman Lina Khan.

Khan is notoriously skeptical of big tech, publishing an academic paper back in 2017 defining Amazon as a modern monopolist that needs to be reined in.

Some say the focus will turn to challenging Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites, and policies that the FTC says force merchants to use Amazon’s logistics and advertising services.

Over the past three years, the FTC has collected millions of documents from Amazon and third parties to build its case, and has even questioned CEO Andy Jassy and former CEO Jeff Bezos, according to some people.

Among the potential lawsuits are allegations similar to existing lawsuits already filed by the attorneys general of Washington and California, according to sources. Those lawsuits center on Amazon’s rules that require third-party retailers to offer their lowest prices on Amazon’s platform, thereby cutting off the ability to lower prices elsewhere.

Omniverse now supports batch workloads that AI and HPC researchers, scientists and engineers can run on their existing A100 or H100 systems — including rendering videos and images or generating synthetic 3D data.

“Today’s scientific computing workflows are extremely complex, involving enormous datasets that are impractical to move and large, global teams that use their own specialized tools,”

said Dion Harris, lead product manager of accelerated computing at NVIDIA.

“With new support for Omniverse on A100 and H100 systems, HPC customers can finally start to unlock legacy data silos, achieve interoperability in their complex simulation and visualization pipelines, and generate compelling visuals for their batch-rendering workflows.”

he continued. 

Using Omniverse and hybrid-cloud workloads, scientific computing customers can connect legacy simulation and visualization pipelines to achieve distributed, fully interactive, true real-time interaction with their models and datasets.

Blackberry will be provided with a license back to the patents which were being sold but this will not affect users who are taking advantage of Blackberry’s products.

The main funding of Catapult for the acquisition will be a $450 million senior secured term loan, the announcement claims. For this loan the company has received around $400 million of conditional commitments.

The process of the completion of the transaction might take up to 210 days.

The generative traits of the Pepsi Mic Drop genesis NFT collection are generated randomly by an algorithm. The Pepsi Mic Drop NFTs will be grounded in variations of a microphone visual and inspired by Pepsi flavors. The Pepsi Mic Drop NFT collection was designed by and created with VaynerNFT. Todd Kaplan, Vice President – Marketing, Pepsi said:

“Pepsi has always been a brand with a strong heritage in music and pop culture, so it’s only fitting for us to bring that legacy into the new world of NFTs with a ‘mic drop’ of epic proportions.”

Pepsi is implementing a carbon offset program for the launch of the Pepsi Mic Drop NFT to ensure a net carbon footprint of zero.