Expedia hit with antitrust class action over algorithm pricing schemeA class of consumers claim the massive online travel agency has forced hotels to raise prices across platforms, impacting even consumers who don't use Expedia.Courthouse News Service12h agoWhole story →CommerceTechnology
In Pennsylvania, the epicenter of online gambling, bettors with addiction beg lawmakers to act“The casino itself has expanded basically into infinity,” a UCLA addiction expert said.The Philadelphia Inquirer2d agoWhole story →CommerceTechnologyonline gambling regulation
Walmart says it's not using personal information to set prices as it expands digital shelf labelsWalmart is aiming to assuage customers' fears about its new pricing technology as it rolls out digital price labels at its stores. In a statement posted online, Walmart Inc.’s CEO John Furner vowed that the Bentonville, Arkansas-based retailer isn’t using personal information like income, shopping history or a shopper’s willingness to pay to set prices…The Atlanta Journal-Constitution8d agoWhole story →TechnologyCommerce
It's Not a Bug, It's the DefaultThe Federal Trade Commission has confirmed that companies routinely use personal data to set individualized prices for online consumers, with pricing signals drawn from location, browsing history, device information, and credit background.Gizmodo13d agoWhole story →CommerceTechnologyftc personalized pricing study
CLARITY Act Stalls In Senate As Crypto Ethics Fight DeepensKey Takeaways Senate Democrats opposed advancing the CLARITY Act after arguing its ethics protections are too narrow. Republicans added restrictions on officials profiting from digital assets, including divestment or blind-trust requirements for certain crypto-company interests. The broader bill could create clearer federal rules for cryptocurrency…USA Herald20d agoWhole story →CommerceTechnologyHR 3633clarity act senate vote
Texas lawmakers consider action against sports prediction marketsA certain kind of online wagering is drawing scrutiny from Texas lawmakers. They are now considering whether the state should take action against prediction markets.FOX 4 News20d agoWhole story →CommerceTechnologytexas prediction markets hearing
Kia Boyz Insurers Lawsuits Cleared to Proceed After Appeals Court ReversalSometimes a viral internet trend leaves behind more than just embarrassing headlines — it leaves behind a billion-dollar mess. American insurers can now sue South Korean automakers over payouts tied to thousands of stolen Kias and Hyundais, the U.S. 9th Circuit Court of Appeals ruled Monday, directing a federal judge in Santa Ana to reopen Kia Boyz…USA Herald20d agoWhole story →CommerceTechnology
JCPenney credit card identity theft scheme leads to prison sentences for North Texas womenThree North Texas women face federal prison and probation after pleading guilty to an identity theft scheme using JCPenney credit cards to purchase and resell merchandise on social media.FOX 4 News21d agoWhole story →CommerceCultureidentity theft sentencing
Black Axe members face federal charges in N.J. romance scam caseThe members of the organized crime group are accused of participating in widespread internet fraud involving romance scams targeting U.S. victims.NJ.com22d agoWhole story →CommerceTechnologyblack axe extradition
