Author: MNK News
Amazon has agreed to pay $2.5 billion to settle FTC allegations that the company “tricked and trapped” consumers into signing up for Prime memberships and hindered their attempts to cancel the subscription. FTC Chairman Andrew Ferguson said, “The Trump-Vance FTC is committed to fighting back when companies try to cheat ordinary Americans out of their hard-earned pay.” CNBC reports that Amazon has reached a $2.5 billion settlement with the FTC over allegations that the company engaged in deceptive practices related to its Prime subscription program. The settlement, announced on Thursday, comes just three days into the trial between Amazon and the FTC…
Doug Bowser, Nintendo of America’s President and Chief Operating Officer, is stepping down on December 31, 2025, according to Nintendo. Bowser’s leadership responsibilities will now be split between two executives: Devon Pritchard, NoA’s Executive Vice President of Revenue, Marketing and Consumer Experience, will take over as President, and Satoru Shibata, the current Corporate Director and Managing Executive Director, will act as the company’s CEO.Bowser first joined Nintendo in 2015 as Vice President of Sales and Marketing, before replacing long-time President Reggie Fils-Aimé in 2019. In comparison to some of the company’s other leaders, Bowser was much less of a public-facing…
A long-dead Tony Blair-era plan to Europeanise Britain by introducing mandatory ID cards has been resurrected by the UK’s left-wing government, which claims it is necessary to stop migrants crossing the English Channel on people smuggler boats. The British government, which handles digital databases so competently it recently leaked a list of thousands of spies, diplomats, soldiers, and pro-Western Afghans to the Taliban, and rolled out a digitisation of the Post Office so bad it drove 13 people to commit suicide, now wants to build a national identity database of every adult living in the country. Britons last had mandatory…
Bitcoin’s surge and new EU rules have pushed crypto back into the spotlight. For Irish savers, the question is whether it belongs in their portfolios or remains a gamble for risk takers. With values near record highs and mainstream fund managers now embracing them, digital assets have re-entered the financial conversation. But their extreme volatility raises a dilemma: are they a suitable home for people’s savings or simply a high-stakes punt for those willing to risk it all? Cryptocurrency is a digital form of money that operates outside the control of banks or governments. Instead of relying on a central…
Bitcoin’s surge and new EU rules have pushed crypto back into the spotlight. For Irish savers, the question is whether it belongs in their portfolios or remains a gamble for risk takers. With values near record highs and mainstream fund managers now embracing them, digital assets have re-entered the financial conversation. But their extreme volatility raises a dilemma: are they a suitable home for people’s savings or simply a high-stakes punt for those willing to risk it all? Cryptocurrency is a digital form of money that operates outside the control of banks or governments. Instead of relying on a central…
XRP holders just got reminded that they may miss out on a major token giveaway if they do not act promptly. A reminder from the crypto community has made it clear that only a short time remains before the current claim window closes. If eligible holders fail to take part, they risk losing millions of dollars in value from the free distribution. The project team has stated that the claim process is open, but it will not remain so indefinitely. After the first phase concludes, fewer opportunities will be available, leaving many with limited or no options. Rick McCracken Warns…
Ethereum is struggling to defend the $4,000 level after losing more than 11% of its value since Monday. The sharp decline highlights how quickly sentiment has shifted, with bulls losing control of momentum and sellers stepping in to capitalize. This pullback comes after weeks of upward pressure that had pushed ETH toward multi-month highs, but the latest selloff suggests the market has entered a corrective phase. Related Reading Despite this, not all analysts are pessimistic. Some see the move as a healthy consolidation rather than the beginning of a deeper downturn, arguing that Ethereum is simply digesting its prior gains…
President Donald Trump has signed an executive order finalizing some of the terms of a deal to bring TikTok’s US business under American control. The new TikTok entity will be owned by a group of US-based investors, while ByteDance will maintain a smaller stake in the new company and keep the app’s algorithm.TikTok has faced more than a year of uncertainty about its future in the United States since former President Joe Biden signed a law last year requiring ByteDance to sell TikTok or face a ban. In January, the Supreme Court upheld the law and TikTok briefly went dark…
Transportation Secretary and acting NASA Administrator Sean Duffy said “when we go back to the moon, we’re going to stay” when discussing the space program’s upcoming manned Artemis launches. Duffy joined Fox Business on Thursday morning to share more about the Artemis 2 mission, which NASA recently said will launch a crew of four astronauts to fly around the moon as early as February 5, 2026: After Artemis 2, the Artemis 3 mission will land astronauts on the moon’s surface for the first time since NASA’s Apollo program ended in 1972, Duffy said. “So listen, this is exciting. This is…
Neon has pulled its body horror film Together from theaters in China after a local distributor censored a same-sex wedding scene. Starring real-life married couple Dave Franco and Alison Brie, Together tells the story of a fictional married couple whose bodies start to slowly fuse into one being as a commentary on codependency. According to The Wrap, the film featured a same-sex wedding that proved pivotal to the plot: The altered scene is a key one in the film’s plot, as Brie’s character discovers that a person they met in the town has undergone the fusion process with his husband.…