From January 1, 2023, a seller may no longer increase the price of a product for a short period of time, then reduce the price and then present this ‘before’ price as an offer or a significant discount. Despite this tightening, consumers are still faced with misleading discounts, especially in the run-up to the holidays. Read more about The Netherlands wants EU measures against misleading “discounts” on altered prices[…]

Google pays Apple 36% of its search advertising revenue from Safari, according to new details brought to light in Google’s search antitrust trial on Monday as reported by Bloomberg. The mere utterance of the number, which Google and Apple have tried to keep sealed, caused Google’s main litigator John Schmidtlein to visibly cringe. “Like the Read more about Google Witness Spills on Apple’s Cut From Safari Search Revenue[…]

Amazon and Meta have agreed to not use data collected from their marketplaces to unfairly benefit themselves, the UK’s Competition and Markets Authority announced on Friday. The monopoly watchdog launched separate investigations into both internet giants’ business practices, and accused the Big Tech duo of not only gathering up information about sellers using their respective Read more about Amazon and Meta to stop using rivals marketplace data to undercut their products.[…]

Over the summer, BMW finally backed down on its heated seat subscription program from sheer public outrage and bad press. This response apparently hasn’t deterred its rival Audi, however, as the German car company plans to make more new software features paid options on its next generation of vehicles. Pioneered on the E-Tron and E-Tron Read more about Audi Will Make You Pay A Subscription For More Features You Already Bought Starting Next Year[…]

Google CEO Sundar Pichai upheld the company’s decision to pay out billions of dollars to remain the top global search engine at the U.S. anti-trust trial on Monday, according to a report from The Wall Street Journal. Pichai claimed he tried to give users a “seamless and easy” experience, even if it meant paying Apple Read more about Google CEO Defends Paying $26b in 2021 to Remain Top Search Engine[…]

Travel website Booking.com has left many hotel operators and other partners across the globe thousands of dollars out of pocket for months on end, blaming the lack of payment on a “technical issue”. The issue is widespread in Thailand, Indonesia and Europe among hoteliers who are venting their frustrations in Facebook groups as rumours swirl Read more about Booking.com not passing on payments to hotels for months on end[…]

In the world of business, “audit readiness” is not just another buzzword—it’s a critical aspect of maintaining financial integrity and ensuring smooth operations. Whether you’re a seasoned entrepreneur or a small business owner, understanding what audit readiness entails can make the difference between success and financial turmoil. In this article, we’ll delve into the ins Read more about Essential Tips for Achieving Audit Readiness[…]

Amazon has always handled its streaming video slate a little differently than the competition. Other companies have slyly introduced a cheaper ad-free option while slowly raising prices on non-ad-based subscription tiers, Prime Video is taking a different tack. The streaming service plans to hold ad-free watching hostage, and it’s demanding a $3 ransom starting early Read more about Amazon Will Stick Ads on Prime Video Unless You Pay Up MOAR – wasn’t the model to pay to not have ads in the first place?[…]

The Act (DSA) sets rules that the EU designed to make very large online platforms (VLOPs) “tackle the spread of illegal content, online disinformation and other societal risks” presented by online service providers.” The DSA and the Digital Market Act (DMA) are a double act. Both were introduced in 2022 and will be implemented in Read more about Europe’s new DSA and DMA rules for Big Tech in force[…]

The same federal agency that once helped bring down the biggest crypto-based dark web drug marketplace Silk Road got swindled by one of the oldest tricks in the crypto scammer playbook. The U.S. Drug Enforcement Administration reportedly handed a fraudster a little more than $55,000 in confiscated crypto funds after it was duped by a Read more about DEA Falls for Crypto Airdrop Scam, Hands Fraudster $55,000 in Stolen Funds[…]

A buzzy startup offering financial infrastructure to crypto companies has found itself bankrupt primarily because it can’t gain access to a physical crypto wallet with $38.9 million in it. The company also did not write down recovery phrases, locking itself out of the wallet forever in something it has called “The Wallet Event” to a Read more about Crypto Infra Startup Bankrupt After Losing Password to $38.9 Million Physical Crypto Wallet[…]

HP has failed to shunt aside class-action legal claims that it disables the scanners on its multifunction printers when their ink runs low. Though not for lack of trying. On Aug. 10, a federal judge ruled that HP Inc. must face a class-action lawsuit claiming that the company designs its “all-in-one” inkjet printers to disable Read more about HP in class action for bricking scanners and print functions when ink runs low, using less than 50% of ink for actual printing[…]