Tag results for: lawsuits

Amazon accused of deceptive ‘sales’ of its own products in lawsuit

Amazon is facing a class-action lawsuit that accuses the company of misleading pricing practices. The suit alleges that Amazon deceived shoppers by showing inflated list prices for Fire...

The Apartment Rental Market Is Rigged by Algorithms, a DOJ Lawsuit Alleges

If you’ve rented an apartment in the US in the last several years, you may have had the sense that the game was rigged: Prices creep up not...

Elon Musk Sues OpenAI and Sam Altman for ‘Flagrant Breaches’ of Contract

Elon Musk is suing OpenAI and Sam Altman for allegedly abandoning OpenAI’s original mission to develop artificial intelligence to benefit humanity.“OpenAI, Inc. has been transformed into a closed-source...

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Dollar steady ahead of key inflation data – London Business News | Londonlovesbusiness.com

The dollar index held steady on Wednesday, consolidating after Tuesday’s advance. US Treasury yields stabilized as well after declining yesterday, limiting the pressure on...

deVere CEO warns UK inflation risks becoming entrenched – London Business News | Londonlovesbusiness.com

High inflation is at risk of becoming entrenched in the UK, due to a combination of disappointing productivity and persistent wage pressures. Global financial...

Fairer pricing, fewer options: The changing shape of monthly car insurance payments – London Business News | Londonlovesbusiness.com

Motor insurance customers are paying less to spread the cost of their cover but fewer can do so at all. The latest Consumer Intelligence...

Gold falls over 5% amid stronger dollar and profit-taking – London Business News | Londonlovesbusiness.com

Gold tumbled more than 5% on Tuesday, marking its steepest one-day drop since August 2020, as a stronger US dollar and heavy profit-taking...

Samsung is working on XR smart glasses with Warby Parker and Gentle Monster

As part of its Galaxy XR headset presentation, Samsung also briefly teased another wearable product. It's working in collaboration with two eyewear companies,...