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+19 +6
Is Dr. Bronner’s the Last Corporation With a Soul?
The kooky soap company is rewriting the playbook for corporate success by doubling down on its vibey values.
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+23 +3
Apple could force a 111-year-old fruit company to change its apple logo
Apple wants to trademark an image of an apple in Switzerland, and this could force a 111-year-old fruit company to change its logo.
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+19 +1
FTC sues Amazon over 'deceptive' Prime sign-up and cancellation process
The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel. The agency claims Amazon violated the FTC Act and the Restore Online Shoppers’ Confidence Act by using so-called dark patterns, or deceptive design tactics meant to steer users toward a specific choice, to push consumers to enroll in Prime without their consent.
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+17 +4
Ryan Murphy Set to Leave Netflix for Disney
The mega-producer will reunite with Dana Walden at the Mouse House.
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+26 +4
Ryan Murphy Leaving Netflix, In Talks To Return To Disney
Ryan Murphy looks to be heading back to Disney. Murphy is set to leave Netflix at the end of his five-year overall deal, which was understood to be worth around $300M. Deadline has confirmed that he’s in talks with Disney, although no deal is yet signed.
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+25 +4
Should SMBs worry about a recession?
In a word, no. Companies that think they have to pull back on investments and cut head count are on the wrong track.
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+28 +4
Apple subreddit reopens due to Reddit's demands over API protest
The Apple subreddit has reopened under duress after a protest about API fees was squashed by threats from the company's CEO to remove the moderation teams of closed subreddits.
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+28 +1
Reddit CEO Blames 'Small Group' For Protests: 'This is Not Negotiable'
Reddit CEO Steve Huffman said this week that the company still plans to charge third-party apps for data, despite widespread protests against the new policy.
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+20 +4
Reddit CEO tells employees that subreddit blackout “will pass”
In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company, telling employees to block out the “noise” and that the ongoing blackout of thousands of subreddits will eventually pass.
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+21 +6
Exclusive: Shell pivots back to oil to win over investors
Shell (SHEL.L) will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said. Sawan will announce at an investor event next week the scrapping of a target to reduce oil output by 1% to 2% per year having already largely reached its goal for production cuts, mainly through selling oil assets such as its U.S. shale business, the three sources said.
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+27 +4
Judge denies Amazon’s, Apple’s motions to dismiss class action price-fixing suit
A federal judge has rejected Apple's and Amazon's motions to wholly dismiss a consumer antitrust lawsuit, one that accuses the tech giants of colluding to eliminate all but the highest-price Apple products in Amazon's online store. Writing in Seattle (PDF), Judge John C. Coughenour noted that Apple and Amazon do not dispute the existence of their agreement, which was publicly touted by the companies in November 2018. Nor do they argue that it had an "effect on interstate commerce," as required by a lawsuit making a complaint under the Sherman Act.
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+18 +3
Boeing sued for allegedly stealing IP, counterfeiting tools used on NASA projects
Wilson Aerospace, a family-run tools company based in Colorado, is suing Boeing for a wide range of claims concerning allegedly stolen intellectual property.
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+19 +8
Twitch apologises as streamers leave after adverts row
Twitch has apologised, after a backlash over new advertising rules. The Amazon-owned livestreaming service had said it would restrict the size and type of ads used by streamers who create content on Twitch. This would have substantially reduced the ways in which streamers generate income on the platform.
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+20 +1
Cleopatra: Egypt jurists seek $2bn from Netflix
Netflix's docudrama Queen Cleopatra depicted the Ptolemaic queen as a black African woman, causing much controversy in Egypt. Now a team of jurists want to sue Netflix for $2 billion in compensation.
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+27 +2
Reddit’s API pricing results in shocking $20 million-a-year bill for Apollo
Reddit is an enormously popular website, but the official design has always needed some reworking. This is even more true of the mobile experience, which didn't have a mobile app until 2016, and even then, not everyone's a fan of it. The site's popularity rose partly thanks to third-party developers filling in the gaps with pre-existing and better mobile apps.
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+19 +5
Trying to Boost Retail Sales? Here's How Geofencing Can Help.
In this article, we'll take an in-depth look at geofencing marketing and discuss how it's helping retailers increase foot traffic and boost sales.
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+22 +3
iPhone maker Wistron calls it quits, saying Apple didn't allow it to make a profit
iPhone maker Wistron – which was the first company to produce iPhones in India – has exited the business, saying that Apple’s tough negotiations on price meant the company was unable to make a profit. The news comes at a time when the Cupertino company is moving more and more of its iPhone production from China to India …
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+22 +5
Apple Announces Multibillion-Dollar Deal With Broadcom to Make Components in the USA
Apple today announced a multibillion-dollar deal with American technology company Broadcom to make several key components for its devices in the United States.
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+23 +4
The Great Rebundling: Who Will Figure Out How to Rebuild Pay TV First?
At this point in the streaming wars, bundling, rather than M&A, is back in the spotlight. During a May 18 investor conference, Warner Bros. Discovery CEO David Zaslav was asked whether he would be interested in exploring a sports- and news-led “skinnier bundle” with content from the streamers.
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+18 +5
Ryanair aims for 10% full year profit growth on strong summer
Ryanair aims to boost profit by 10% this year after almost record earnings for its last financial year, CEO Michael O'Leary said on Monday, and it may do better if rival airlines' "irrationally exuberant" summer fare forecasts are right.
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