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198 votes
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Apple has kept an illegal monopoly over smartphones in US, Justice Department says in antitrust suit
95 votes -
Should retail businesses be required to accept cash?
inspired by a law my local county council has been debating (local news article, press release from January from the sponsoring councilmember, and actual text of the proposed law) from the press...
inspired by a law my local county council has been debating (local news article, press release from January from the sponsoring councilmember, and actual text of the proposed law)
from the press release:
During and even before the COVID-19 pandemic, many businesses in the Seattle area and beyond began shifting to cashless operation, leaving people who rely on cash with fewer options to purchase goods and services. Research, however, shows that cashless businesses most impact communities of color, seniors, people with disabilities, undocumented residents, refugee and immigrant and communities and low-income communities.
...
At least 2.1% of Washington residents are unbanked, meaning they don’t have bank accounts, credit cards or other typical financial services, according to the 2021 FDIC Household Survey. Five-year estimates put that number even higher – at 3.1%. More than 17% of residents are underbanked, meaning they might have a bank account but often rely on alternative financial services, such as money orders, check-cashing services and payday loans.
...
The legislation would require businesses in unincorporated King County to accept cash for most retail transactions, and to not charge higher prices than for another form of payment. It would allow for retailers to only accept up to $250 in cash payment for single transactions larger than that amount. It would allow for civil actions to be brought by someone whose cash payment was refused.
what do you think about requiring this?
(especially interested in responses from around the world and not just the US, since I think cash vs. card reliance varies considerably by country)
51 votes -
Fallen crypto mogul Sam Bankman-Fried sentenced to twenty-five years in US prison
54 votes -
Piracy is surging again because streaming execs ignored the lessons of the past
136 votes -
‘No cash accepted’ signs are bad news for millions of unbanked Americans
55 votes -
Discord to start showing ads for gamers to boost revenue
62 votes -
Refund fraud schemes promoted on TikTok, Telegram are costing Amazon and other retailers billions of dollars
37 votes -
Bosses are fed up with remote work for four main reasons. Some of them are undeniable.
76 votes -
Unity reveals plans to charge per game install, drawing criticism from development community
151 votes -
Why is Elon Musk doing what he is to Twitter?
From a non-MAGA’ers perspective; He took a perfectly fine (albeit starting to decline) social media platform with millions of users and derailed it completely from what it was before to a farce....
From a non-MAGA’ers perspective;
He took a perfectly fine (albeit starting to decline) social media platform with millions of users and derailed it completely from what it was before to a farce.
Why even buy Twitter if you’re going to change the entire format, including the actual name of the brand? Why not build a competitor from the ground up and call it X?
Unless you’re the melonhead billionaire your guess is better than mine, but I wonder if this bumbling incompetence is pre-orchestrated somehow or if he’s making it up as he goes.
119 votes -
‘Impossible’ to create AI tools like ChatGPT without copyrighted material, OpenAI says
44 votes -
Twitter accepts buyout, giving Elon Musk total control of the company
51 votes -
Remote work to wipe out $800 billion from office values, McKinsey says
84 votes -
Google has officially changed its mind about remote work
62 votes -
Spotify’s podcast plan is going off the rails
75 votes -
Twitter blocks links to rival Threads, while CEO downplays reports of traffic decline
121 votes -
Netflix adds nearly six million subscribers amid password sharing crackdown in Q2
51 votes -
Walmart buying TV-brand Vizio for its ad-fueling customer data
48 votes -
Ugly numbers from Microsoft and ChatGPT reveal that AI demand is already shrinking
91 votes -
The war on remote work has nothing to do with productivity - the goal is avoiding a commercial real estate crash
132 votes -
California junk fee ban could upend restaurant industry
39 votes -
Reddit is letting power users in on its IPO
38 votes -
Shell to permanently close all of its hydrogen refuelling stations for cars in California
37 votes -
Spotify has signed a new multiyear agreement with Joe Rogan, the host of one of the most popular and polarizing podcasts in the US
36 votes -
Elon Musk has taken control of Twitter and fired its top executives
43 votes -
At least $1 billion of client funds missing at failed crypto firm FTX, sources say
23 votes -
Twitter is planning to start charging $20 per month for verification. And if the employees building it don’t meet their deadline, they’ll be fired by Elon Musk.
27 votes -
Swedish company Scout Park has launched a mobile app where you can tip off wrongly parked cars to traffic wardens to earn money
41 votes -
Reddit pops as much as 70% in NYSE debut after selling shares at top of range
37 votes -
Boeing whistleblower found dead in US
88 votes -
Spotify is raising the price of its single-account premium plan for the first time since 2011 and hiking other services as well
65 votes -
Evernote, the memory app people forgot about, lays off entire US staff
93 votes -
Amazon is warning employees they risk undermining their own promotion prospects unless they return to the office (RTO) for three days a week, as was mandated by CEO Andy Jassy months ago
60 votes -
Los Angeles is exploring banning cashless businesses, following the example of New York City, Philadelphia, Massachusetts, Colorado, New Jersey, Rhode Island and Washington, DC
59 votes -
Microsoft wins US FTC fight to buy Activision Blizzard
76 votes -
Alexis Ohanian (site co-founder) resigns from Reddit's board, urging them to fill his seat with a black candidate and pledging future gains on his stock to serve the black community
63 votes -
Reddit hires its first chief financial officer as it prepares for an IPO
31 votes -
Facebook changes name to Meta: Mark Zuckerberg announces company rebrand as it moves to the metaverse
30 votes -
The “tragedy of the commons” is a dubious, right-wing concept
47 votes -
“Going shopping” is dead: How stores sucked the fun out of an American pastime
62 votes -
Greedflation: corporate profiteering ‘significantly’ boosted global prices, study show
87 votes -
Intuit is shutting down the personal finance service Mint and shifting users to Credit Karma
68 votes -
Bosses dislike work-from-home but suspect they’re stuck with it
72 votes -
Peacock lost $651 million from April to June
53 votes -
San Francisco’s downtown becomes a wake-up call for other cities in the US
60 votes -
Squarespace purchases Google Domains
68 votes -
BlackRock CEO, Larry Fink just called Bitcoin 'digital gold' and an 'international asset'
21 votes -
Exclusive: Reddit seeks to launch IPO in March
91 votes -
US taxpayers paid for 5.8 billion of Lockheed's 7.9 billion dollar stock buyback
48 votes