Charge

Amazon on Wednesday said it will impose an average 5 percent fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs.It is Amazon's first such surcharge and follows months of higher wage and labour-related expenses that have chipped away at the online retailer's profit.Effective April 28, Amazon will charge an average 24 cents more per unit it stores and ships through its Fulfillment by Amazon (FBA) service. The surcharge, which is not permanent, is…

Facebook parent Meta Platforms will charge creators around 47.5 percent on sales of digital assets and experiences made inside the company's virtual reality platform Horizon Worlds.The overall charge comprises of 30 percent hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets, and a further 17.5 percent cut as its Horizon platform fees, a Meta spokesperson told Reuters on Wednesday.On Monday, the tech giant said it would start testing tools for…