Category: News
In response to a Wall Street Journal article, Amazon denied that its prices on basic goods have significantly increased due to tariffs. The WSJ reviewed 2,500 items and concluded that prices rose an average of 5% between January 20 and July 1. Amazon argued the data was selectively chosen and that some increases were the […]
On Tuesday, Calo announced a $39 million Series B extension round led by Aljazira Capital, topping its $25 million raise from December. Investors Nuwa Capital, STV, Khwarizmi Ventures, and Al Faisaliah Group also participated. The company provides ready-to-heat meal plans tailored to health and fitness needs and plans to use the funding for U.K. expansion […]
On Monday, Apple filed an appeal against a €500 million fine from the European Commission tied to its App Store payment rules. The EU said in April that Apple’s restrictions on directing users to outside payment platforms violated the Digital Markets Act. Apple’s updated EU fee model, launched in June, imposes various charges for alternative […]
