Canada Considers Taxing Foreign Online Service Providers Posted January 18, 2021 Canada has proposed a law that will impose taxes on streaming platforms such as Netflix and Spotify, as well as other online services like Amazon. The tax prop…
Apple to Pay Fine for Update that Slowed Down iPhones Posted January 10, 2021 Apple will pay $113 million to settle a lawsuit claiming that it deliberately slowed down old iPhone models. More than 30 US states, including California and A…
Amazon Files Lawsuit against Two Social Media Influencers for Selling Fake Goods Posted December 31, 2020 Amazon has sued social media influencers Kelly Fitzpatrick and Sabrina Kelly-Krejci [KRAY-chee] for facilitating the selling …
Spotify to Buy Company to Expand Its Podcast Business Posted December 29, 2020 Music streaming service Spotify is set to buy Megaphone, a podcast publishing and advertising platform. The acquisition, which is worth $235 million, is Spotify’s most ambitiou…
Walmart Stops Using Robots for Inventory Management Posted December 17, 2020 American retail company Walmart has announced that it will stop using robots in the 500 stores where the machines are deployed. Walmart chose to terminate its …
Report: Machines to Do Half of All Jobs in Five Years Posted December 15, 2020 Robots and machines will handle half of all jobs by 2025, according to a recent report by the World Economic Forum (WEF). The report surveyed 300 of the world’s largest compani…
Adidas to Sell Its Reebok Brand Posted December 8, 2020 German sportswear giant Adidas is planning to sell its Reebok brand 14 years after acquiring it. According to one report, Adidas is aiming to complete the sale early next year.…
Target Gives Out Additional Bonuses to Frontline Workers Posted November 26, 2020 American retail company Target gave a $200 bonus to each of its frontline employees in early November. More than 350,000 of its employees were given rewards for their contribut…
Retail Company Fined for Data Privacy Violation Posted November 21, 2020 H&M Germany was fined millions of dollars for violating its employees’ data privacy. The Hamburg Commissioner for Data Protection and Freedom of Information (HmbBfDI) repor…
Subway Sandwiches Not Legally Bread, Irish Supreme Court Rules Posted November 13, 2020 Ireland’s Supreme Court recently ruled that bread used by Subway restaurants is not actually bread because of its high sugar content. The ruling was made after one Subway franc…