CFPB’s Decline Sparks Concerns Over Consumer Protection and Risky Lending
The Consumer Financial Protection Bureau (CFPB), established in response to the 2008 financial crisis, has played a pivotal role in ensuring consumer protection. Its mission has been to safeguard consumers from predatory lending, deceptive financial products, and unfair banking practices. Since its inception as part of the Dodd-Frank Act, the CFPB has delivered $19.7 billion […]
PepsiCo Buys Poppi for $1.65B, Boosting Functional beverages
PepsiCo has made a strategic move by acquiring Poppi, the renowned functional beverage brand, for $1.65 billion. This acquisition underscores PepsiCo’s commitment to expanding its “better-for-you” product line as consumers increasingly opt for healthier alternatives over sugary drinks and snacks. In January, PepsiCo took a similar step by acquiring Siete Foods, a gluten-free chip manufacturer, […]
MTA Leverages Artificial Intelligence to Combat Subway Delays
Rob Sarno, an assistant chief track officer with the New York City Metropolitan Transportation Authority (MTA), has spent 14 years managing maintenance and emergency response. Recently, he played a pivotal role in training artificial intelligence systems to recognize damaged rail sounds. In a pilot program launched in collaboration with Google Public Sector, artificial intelligence technology […]
Facebook’s Job Ads Algorithm Ruled Discriminatory by European Rights Body
A European human rights body has ruled that Facebook job ads exhibit gender bias, marking a significant step toward holding tech giants accountable for discriminatory algorithms. The Netherlands Institute for Human Rights determined that Facebook’s system disproportionately displays job opportunities based on gender, reinforcing stereotypes rather than promoting equal access to employment. The ruling, issued […]
Microsoft to Shut Down Skype, Shifts Users to Teams
Microsoft has announced that it will be shutting down Skype, the once-dominant internet-based phone and video service, in May. The company confirmed on X (formerly Twitter) that Skype users will soon be able to access Microsoft Teams’ free tier using their existing login credentials. Skype, which revolutionized online communication in the mid-2000s, has seen a […]
Trump’s Tariff Policies Trigger Shipping Delays Across the U.S
Consumers across the United States are facing unexpected shipping delays due to new tariff policies imposed by the Trump administration. Many online shoppers, businesses, and even Broadway productions are struggling with delayed deliveries as new import restrictions create bottlenecks at U.S. customs. The latest round of tariffs, which took effect on February 4, imposed […]
Amazon Prepares to Unveil a Wave of AI-Powered Devices
Amazon has introduced an upgraded version of Alexa with enhanced conversational abilities and task management features. However, unlike its typical approach, the tech giant did not reveal any new Echo devices alongside its revamped virtual assistant. That could change soon. Panos Panay, Amazon’s head of devices and services, hinted at upcoming AI-powered products while keeping […]
From Parimatch to Gucci: the scale of counterfeiting in India continues to amaze
Every year, India loses about $7 billion in taxes due to counterfeiting, notes the bookmaker Parimatch. Chanel, Dior, Prada, Mont Blanc, Marc Jacobs, Gucci, Versace, Parimatch, Christian, Polo, Benetton, Adidas, Tommy Hilfiger, Nike, Puma, and Louboutin are subject to counterfeiting in India annually for millions, if not billions of dollars. The fight of brands against […]
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