The Federal Trade Commission has filed a lawsuit against Amazon, accusing the online retailer of using deceptive tactics to enroll consumers into its Prime program without their knowledge and making it difficult for them to cancel their subscription. FTC Chair Lina Khan said Amazon has been "tricking and trapping people into recurring subscriptions without their consent," and the FTC is seeking a court order to stop Amazon from using deceptive tactics and to provide refunds to those affected.
Posts tagged as “Amazon”
Senator Bernie Sanders has launched an investigation into Amazon's labor practices, citing dangerous and illegal conditions in the company's warehouses. The letter alleged that Amazon's warehouses are "uniquely dangerous" due to physically demanding work and "aggressive productivity quotas," and that Amazon has failed to protect its workers from the coronavirus pandemic. Sanders has been a vocal critic of Amazon in the past, and is calling for the company to raise wages and improve working conditions for its employees.
Four Indigenous children have been rescued in Colombia after surviving for 40 days in the Amazon jungle following a plane crash. The Colombian Military Forces found the four children, aged 13, 9 and 4 years and 11 months, and praised their resilience and courage. The children are receiving medical treatment in the hospital and are expected to stay for at least two weeks.
After a small plane crash in Colombia, four children who had been missing for 40 days were miraculously found alive in the Amazon jungle. The discovery of the children has been a source of hope and inspiration for many, and President Gustavo Petro praised them as an "example of survival" that will remain in history.
Key takeaways: The Irish Data Protection Commission has issued a record-breaking fine of 1.2 billion euros to tech giant Meta for violating EU data privacy…
Drew Barrymore has withdrawn from hosting duties for the upcoming MTV Movie & TV Awards in order to show solidarity with the Writers Guild of America (WGA) members who are on strike. The WGA is seeking higher pay and better benefits for its members, as well as more transparency and fair compensation for streaming services. Barrymore’s decision to step down as host is a powerful show of solidarity with the striking writers.
Bed Bath & Beyond Files for Bankruptcy Protection, Citing Struggles to Compete with Online Retailers
Bed Bath & Beyond Files for Bankruptcy Protection, Citing Struggles to Compete with Online Retailers
Bed Bath & Beyond has filed for bankruptcy protection in the U.S. District Court in New Jersey, with assets and liabilities estimated to be between $1 billion and $10 billion. The company plans to remain open and continue serving customers while conducting a limited marketing process to solicit interest in one or more sales of its assets. This filing follows years of declining sales and losses, as the company has been unable to compete with online and discount retailers.
Amazon has announced the second largest round of layoffs in its history, with 9,000 employees set to be let go in the coming weeks. CEO Andy Jassy said the decision was made to streamline costs and take into account the uncertain economy. The news comes as Amazon faces increasing scrutiny from lawmakers and regulators over its size and power, as well as criticism of its labor practices.