FTC chair Lina Khan warns that AI could “turbocharge” fraud and scams, emphasizing that companies cannot escape liability by claiming their algorithms are a black box. The FTC has substantial authority to crack down on AI-driven consumer harms under existing law.
FTC's...
Black Friday is approaching, with retailers offering significant discounts on various products. The Guardian's Filter has curated the best early Black Friday deals across top-rated GHI Approved homes products, including beauty and hair deals, clothing and shoes sales, and home and...
Volkswagen is facing demands from the IG Metall trade union and workers' council to strike a deal with workers before Christmas. The company has threatened mass layoffs and plant closures if no agreement is reached, but the union and workers' council...
The German economy grew slower than expected in the third quarter, with a 0.1% increase in GDP compared to the second quarter. This growth rate is a concern for economists and policymakers as it indicates that the economy is not recovering...
Germany's Bosch is cutting 5,000 jobs due to the car industry crisis. Other German manufacturers like ZF, Continental, and Webasto have also announced layoffs. The European Union has increased tariffs on Chinese-imported electric vehicles, further exacerbating the crisis.
Industry-Wide Crisis
The crisis in...
Hundreds of Samsung workers in India are protesting, demanding a 50% salary increase over three years and improved working conditions. The strike has led to major disruptions in production at the company's Chennai plant, with Labour Welfare Minister CV Ganesan assuring...
The demand for datacentre space has been turbocharged by the rise of artificial intelligence, but a worker shortage is hampering the industry's boom. Companies like Datalec are struggling to recruit staff due to the specific needs of the datacentre market.
Industry Quotes:
"There's...
Volkswagen (VW) has launched a $5.8 billion tie-up with electric vehicle maker Rivian to share technology and reduce development costs. The partnership will enable VW to use Rivian's tech in its own vehicles, starting from 2027, while providing crucial funding for...
Amazon launches Haul, a new outlet offering 'crazy low' prices, rivaling Temu and Shein. The service provides confidence about product safety through Amazon's product guarantees but raises regulatory concerns.
Amazon's Response to Regulatory Concerns
Amazon's vice president of worldwide selling partner services, Dharmesh...
23andMe, a leading DNA-testing firm, is facing significant challenges as it restructures its business and focuses on long-term success. The company has seen its share price plummet by over 70% this year due to a series of setbacks, including a data...