CMA to investigate Amazon and Google for fake reviews

The Competition and Markets Authority (CMA) is to gather further information to determine whether Amazon and Google may have broken consumer law by taking insufficient action to protect shoppers from fake reviews. The move comes after an initial CMA investigation, which opened in May 2020, and assessed several platforms’ internal systems and processes for identifying…

Bird to launch shared e-bike across US and Europe

Bird has announced the addition of shared e-bikes to its fleet of micro-electric vehicles. Bird currently operates e-scooters in more than 250 cities globally and will bring its shared bikes and Smart Bikeshare platform to select cities this year.  The shared Bird Bike delivers on Bird’s commitment to broadening access to eco-friendly transportation around the…

Tesla outperforms rivals’ stocks with 224% ROI in last 12 months

Tesla remains among the notable growth stocks that have recorded significant returns for investors, despite the electric vehicle manufacturer's stock slumping in 2021. According to data acquired by Finbold, Tesla stock registered an ROI of 224.93% between June 2020 and June 2021, outperforming some of its major competitors. Among the selected vehicle manufacturers, Tesla only trailed…

8 in 10 Brits will share personal data for free digital services, despite privacy concerns

More than eight-in-10 (84%) UK internet users are willing to share their personal data with websites and apps in exchange for free access to digital services, according to new research commissioned by Kaspersky. Its new data privacy heatmap explores the importance and concerns that consumers feel about their information. It reveals that despite privacy worries, users are willing…

John McAfee found dead in prison cell

By Gage Skidmore, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=90753971 Antivirus software entrepreneur John McAfee has been found dead in his prison cell after Spain's National Court approved his extradition to the US, writes Sky News. In a statement obtained by Reuters news agency, the Catalan justice department said "everything points" to suicide. The…

65% of cyberattacks involve phishing, claims report

Companies and organizations worldwide are losing billions due to cybercrime each year. Although most of them have significantly increased their cybersecurity budgets, cyber attacks like data breaches, phishing, ransomware attacks, or cyber espionage still represent one of the biggest risks in the business sector. According to data presented by TradingPlatforms.com, the information and finance industry were…