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+16 +1
Whole Foods CEO admits overcharging: 'Straight up, we made some mistakes'
A week after a New York City investigation found that Whole Foods Market Inc. stores were overcharging for pre-packaged products, the company's co-chief executives admitted pricing mistakes were made. The statement comes a year after the Austin, Texas, grocer agreed to pay nearly $800,000 in penalties for overcharging in California stores.
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+8 +1
Uber managers arrested in France over 'illicit' taxi service
Two managers of the taxi-ordering app Uber have been arrested in France. A spokeswoman for the Paris prosecutor said they were in custody for questioning over "illicit activity". Uber, which puts vetted drivers in touch with passengers, is unpopular with registered drivers in many cities because they tend to undercut prices. A recent French taxi-drivers' strike turned violent. The US company is banned in some places, but it says it will keep operating in France.
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+2 +1
Whole Foods faces NYC probe for overcharges
Rip-off on aisle four. The city has launched a probe of Whole Foods Markets after investigators nabbed the upscale food purveyor for routinely overcharging customers on groceries during dozens of inspections dating back to at least 2010, the Daily News has learned. The most recent spate of violations came during a sting operation the Department of Consumer Affairs conducted in the fall that specifically checked the accuracy of the weight marked on pre-packaged products.
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+2 +1
How Utah Became a Bizarre, Blissful Epicenter for Get-Rich-Quick Schemes
Three years ago I walked out of my house and put a .32 pistol to my head.” Jared Allen, a property manager from Idaho, chokes up as he tells this story, a tear running down his weathered face. Jared didn’t kill himself that day. He fell to the ground and begged the Lord for help, and soon, his brother-in-law arrived from Canada with a dietary supplement he had designed, EMPowerplus Q96.
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+30 +1
Four Columbia House insiders explain the shady math behind “8 CDs for a penny”
Any music fan eager to bulk up their collection in the ’90s knew where to go to grab a ton of music on the cheap: Columbia House. Started in 1955 as a way for the record label Columbia to sell vinyl records via mail order, the club had continually adapted to and changed with the times, as new formats such as 8-tracks, cassettes, and CDs emerged and influenced how consumers listened to music.
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+13 +1
Uber gutted Carnegie Mellon’s top robotics lab to build self-driving cars
This January, as much of the world was getting over its post-holiday hangovers, people began disappearing from Carnegie Mellon University's robotics center. At first it was only a few individuals, mostly software developers. Then it became an entire team, and eventually the group included the center's director. They weren't going far.
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+32 +1
Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions
Seen from the Internet, it is a vast education empire: hundreds of universities and high schools, with elegant names and smiling professors at sun-dappled American campuses. Their websites, glossy and assured, offer online degrees in dozens of disciplines, like nursing and civil engineering. There are glowing endorsements on the CNN iReport website, enthusiastic video testimonials, and State Department authentication certificates bearing the signature of Secretary of State John Kerry.
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+30 +1
Criminals barter for your Social Security number and the most intimate details of your personal life
When Target was breached in 2013, it didn't take long for credit and debit card data stolen from its systems to start flooding the underground forums and storefronts that trade in such merchandise. One was Rescator – a black market outpost that former Washington Post reporter-turned-cybersleuth Brian Krebs discovered was selling more than 1 million of the stolen cards at prices ranging from $20 to $100.
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+5 +1
The Pigeon King and the Ponzi Scheme that Shook Canada
The Pigeon King delivered his closing statement to the jury dressed in his only suit. His name was Arlan Galbraith, and he was representing himself. He had abruptly fired his lawyer nearly two years earlier, during the long lead up to the trial, and then ignored the judges who advised him to hire another. He seemed adrift but also supremely confident.
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+17 +1
Revenge porn boss wants Google to remove his “identity related” info
What do you do if you're a revenge porn site operator and the Federal Trade Commission has barred you from publishing nude images of people without their consent? You demand that Google remove from its search engine links to news accounts about the FTC's action and other related stories, citing "unauthorized use of photos of me and other related information."
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+15 +1
Dish used “small business” discount to save $3 billion at taxpayer expense
Dish took advantage of discounts intended for small businesses to save $3.3 billion in an auction of public airwaves, making a "mockery" of the small business program, according to a member of the Federal Communications Commission. Dish used companies it owns in order to place $13.3 billion worth of winning bids in an auction of wireless airwaves that can be used for cellular networks. Results of the auction were announced last week. But Dish only has to pay $10 billion because it...
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+16 +1
The Business of Fake Diplomas
With a four-year college degree generally averaging around $80,000, a diploma is the most expensive piece of paper most people ever earn. Though it’s just a flimsy sliver of dead tree embossed with a stamp and signed by the lords of higher education, it’s also a symbol of the hard work -- the blood, sweat, and tears -- that went into being admitted. Unless, of course, you purchase your certificate from one of the dozens of websites offering fake diplomas for as little as $400.
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+23 +1
Merry Christmas From Uber: Here's A $2 Booking Fee
Everyone's favorite rideshare app has decided that Christmas Eve is the perfect time to slip through a small change to its Uber Taxi service. Nothing big. Just a $2 fee every single time you want to hail a cab through Uber. Motherboard has a copy of the email that Uber (very quietly) sent to UberT users, on this, a day when everyone will totally be paying attention to their emails. UberT currently works as a hailing system for yellow or boro cabs — use the app to get a ride...
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+1 +1
Uber intros surge pricing during Sydney hostage siege, then backtracks after user outcry
Uber briefly charged its users in downtown Sydney a minimum $100 to escape an armed hostage crisis, a result of automatic surge pricing meant to get more drivers online. An executive in the city's Central Business District (CBD) sent Mashable screenshots of the Uber app that showed the company was charging up to four-times the normal rate because "demand is off the charts."...
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+19 +1
Judge Shuts Down Uber In Spain, Pending Taxi Association Court Action
We might be at the point of losing count of the number of places Uber is being shut down at this point. Now, after a series of protests by taxi associations in Spain, a Madrid judge has ordered ride-sharing app Uber to cease all activities as of today. The judge accepted the ‘cautionary measures’ put forward by the Madrid Taxi Association, pending a future court case the organisation wants to file against Uber.
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+16 +1
Overstock must pay $6.8 MILLION for deceptive comparison pricing
After a trial, Overstock.com, the popular online seller, has been ordered to pay $6.8 million after being found to have used deceptive advertising that gave consumers the false illusion that they were getting a bigger bargain. Alameda Judge Wynne Carville found that Utah-based, internet retailer Overstock.com had violated California laws intended to protect consumers from deceptive advertising practices...
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+9 +1
We Can’t Trust Uber
UBER, the popular car-service app that allows you to hail a cab from your smartphone, shows your assigned car as a moving dot on a map as it makes its way toward you. It’s reassuring, especially as you wait on a rainy street corner. Less reassuring, though, was the apparent threat from a senior vice president of Uber to spend “a million dollars” looking into the personal lives of journalists who wrote critically about Uber. The problem wasn’t just that a representative of a powerful...
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+13 +1
Taxi medallions have been the best investment in America for years. Now Uber may be changing that.
When Uber first launched as a fledgling ride-for-hire service in San Francisco four years ago, it was a tech and transportation curiosity, a niche company for the kind of people who travel in black town cars. Since then, the company has transformed from yet another app to a billion-dollar behemoth with major public policy implications.
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+15 +1
Uber's Emil Michael isn't going anywhere, report says
Despite pressure to fire Uber executive Emil Michael after his controversial remarks surfaced this week, at least two investors in the company and CEO Travis Kalanick are still firmly behind him, according to a new report. Bloomberg reported on Friday that Michael was integral to Uber's financing round in June that valued it at $17 billion, as well as in the company's deal with Spotify.
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+15 +1
Ashton Kutcher Defends Uber Against 'Shady Journalist'
One day after Uber's SVP of business suggested his company spend millions of dollars hiring people to investigate the private lives of its most vocal critics in the media, actor/entrepreneur Ashton Kutcher, an investor of Uber, defended the company on Twitter.
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