FTC sues Amazon over ‘deceptive’ Prime sign-up and cancellation process
Economy

FTC sues Amazon over ‘deceptive’ Prime sign-up and cancellation process

The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel.The agency claims Amazon violated the FTC Act and the Restore Online Shoppers’ Confidence Act by using so-called dark patterns, or deceptive design… […]

Google accuses Microsoft of unfair practices in Azure cloud unit
Economy

Google accuses Microsoft of unfair practices in Azure cloud unit

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019.Michael Short | Bloomberg | Getty ImagesGoogle, which has spent years defending itself against claims of monopolistic behavior across the U.S. and Europe, is going public with its own complaint of anti-competitive practices by longtime rival Microsoft.In a… […]

Intel stock drops 6% as company updates chip manufacturing plans
Economy

Intel stock drops 6% as company updates chip manufacturing plans

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. initial public offering at the Nasdaq MarketSite in New York, Oct. 26, 2022.Michael Nagle | Bloomberg | Getty ImagesIntel stock dropped 6% Wednesday after the company gave investors an update on the company’s turnaround plan to become a chip manufacturing company competing with Taiwan Semiconductor… […]

Harris leads Trump in three major election battlegrounds, new poll finds
Economy

Harris leads Trump in three major election battlegrounds, new poll finds

Former President Donald Trump (L), and Vice President Kamal Harris Reuters Vice President Kamala Harris is ahead of former President Donald Trump in the key battleground states of Michigan, Wisconsin and Pennsylvania, according to a new New York Times/Siena College poll. The poll found Harris beating Trump 50% to 46% among likely voters in all […]