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These apps allow workers to get paid between paychecks. Experts say there are steep costs
NEW YORK (AP) — When Anna Branch, 37, had her hours at work reduced at the start of the pandemic in 2020, she suddenly noticed ads for an app called EarnIn. “You know how they get you — the algorithms — like they’re reading your mind,” Branch said. “The ad said I could...
TikTok bows to European pressure and halts reward feature on new app in France and Spain
LONDON (AP) — TikTok said Wednesday that it's halting a feature on its new app rewarding users in Europe for watching videos, after facing pressure from regulators worried about its addictive features. The company backed down days after the European Union warned that the TikTok...
Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
LONDON (AP) — British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry. The Competition and Markets Authority said it's looking into...
Google fires more workers who protested its deal with Israel
Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war, bringing the total number of terminated staff to more than 50, a group representing the workers said. It's the latest sign of...
Federal Trade Commission sues to block Tapestry's $8.5B acquisition of Capri
NEW YORK (AP) — The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion companies' brands like Coach and Michael Kors in the so-called affordable luxury...
The EU ratchets up pressure on TikTok's new rewards app over risks to kids, warns of suspension
LONDON (AP) — The European Union on Monday demanded TikTok provide more information about a new app that pays users to watch videos and warned that it could order the video sharing platform to suspend addictive features that pose a risk to kids. The 27-nation EU's executive...
Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger. The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S...
Growing demand for minerals sparks Indigenous outcry over 'business as usual' mining practices
BRASILIA, Brazil (AP) — Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the...
Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service's future growth. ...
The number of Americans applying for jobless benefits holds steady as labor market remains strong
The number of Americans filing for jobless benefits didn't change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring. The Labor Department reported Thursday that unemployment claims for the week ending April 13 were unchanged from the...