Hello @Mountain Pond
Sometimes license changes can be delayed, so how is it now?
Is it normal for other users who have been assigned an Office 365 Small Business license to open their mailboxes?
Also have you checked "HKEY_CURRENT_USER\Software\Policies\Microsoft\Edge"? It may exist in CURRENT_USER.
I found information about "AmbientAuthenticationInPrivateModesEnabled" with values 0 and 1 for your reference.
Regards
Shaofan