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selfserving

European consumer groups band together to fight Meta’s self-serving ad-free sub — branding it ‘unfair’ and…

Days after a privacy complaint was lodged against Meta in the European Union over its latest controversial shift of legal basis claimed for processing people’s data for ads, consumer groups across the region are filing their own complaints about what the tracking giant is up to. A coalition of almost 20 consumer protection organizations is united in the view that Meta’s switch to railroading users into agreeing to being tracked and profiled so it can keep profiting from microtargeting them is “unfair” and “illegal” —…

Tesla releases self-serving warning about ‘likely’ reduced tax credit on its EVs next year

Tesla released a vague warning about the potential for the $7,500 tax credit to be reduced on some of its electric vehicles starting next year. Earlier this year, Tesla buyers regained access to the $7,500 federal tax credit for electric vehicles after losing it for years due to the 200,000-delivery limit per manufacturer. It was due to a reform of the tax credit that removed the limit, but it also added new price limit and material sourcing restriction on the electric vehicles to be…

Amazon in self-serving act to destroy FRL, say FRL independent directors

Amazon caused the downfall of Future Retail Limited (FRL) when it could not buy its assets on the cheap, placing FRL now on the brink of bankruptcy, the independent directors of FRL have said.In a reply to Amazon, the directors said in a letter, "Your feigned concern over the state of affairs in FRL is a falsehood and an attempt to gloss over this inconvenient truth.""Your letters are not motivated by the concern or interest of FRL stakeholders, but only as a self-serving act to destroy FRL at any cost," they added."It is…