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Growing number of small businesses worry about inflation and the economy's future
Growing number of small businesses worry about inflation and the economy's future
A greater number of small businesses are worried about inflation and future business conditions, according to a survey released Tuesday by the National Federation of Independent Business.
2023-06-13 18:49
US small business sentiment edges up in May, NFIB says
US small business sentiment edges up in May, NFIB says
WASHINGTON U.S. small business confidence rebounded in May, but worries about the economy's outlook and inflation remained, according
2023-06-13 18:27
Marketmind: Inflation anxiety, yet S&P 500 keeps on running
Marketmind: Inflation anxiety, yet S&P 500 keeps on running
A look at the day ahead in U.S. and global markets from Samuel Indyk. Jerome Powell and his band of
2023-06-13 18:26
BBC, ITV Inch Closer to Deal to Avoid Women’s World Cup Blackout
BBC, ITV Inch Closer to Deal to Avoid Women’s World Cup Blackout
FIFA and UK broadcasters BBC and ITV Plc are inching closer to a deal that would see them
2023-06-13 18:25
Hot core services summer could spoil the Fed's repose
Hot core services summer could spoil the Fed's repose
By Howard Schneider WASHINGTON Hotel executives see no letup in demand even with the Federal Reserve trying to
2023-06-13 18:25
Analysis-Tesla taps brakes on job ads after Musk clamps down on hiring
Analysis-Tesla taps brakes on job ads after Musk clamps down on hiring
By Noel Randewich and Hyunjoo Jin SAN FRANCISCO Tesla has tapped the brakes on aggressive job advertising in
2023-06-13 18:21
Analysis-GM could reap billions by building combustion trucks and SUVs through 2035
Analysis-GM could reap billions by building combustion trucks and SUVs through 2035
By Paul Lienert and Joseph White DETROIT General Motors has signaled in a series of recent announcements on
2023-06-13 18:16
China’s Stimulus Runs Into Wall of Doubts in a Bearish Market
China’s Stimulus Runs Into Wall of Doubts in a Bearish Market
The lack of confidence is so entrenched among China’s equity investors that government efforts to boost growth are
2023-06-13 17:51
Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals
Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals
Private equity firms hunting for acquisitions with their $1.5 trillion of unspent capital are struggling to seal deals
2023-06-13 17:49
Japan Delays Possible Tax Hike Period for Defense: Documents
Japan Delays Possible Tax Hike Period for Defense: Documents
Japan’s government plans to consider raising taxes to help fund a jump in defense spending a year later
2023-06-13 17:48
Odey Gates Redemptions From Brook Developed Markets Fund
Odey Gates Redemptions From Brook Developed Markets Fund
Odey Asset Management has gated the Brook Developed Markets Fund after redemption requests surged, as it moves to
2023-06-13 17:47
Amazon using AI to crack down on fake review ‘brokers’
Amazon using AI to crack down on fake review ‘brokers’
E-commerce giant Amazon has said it uses artificial intelligence systems to prevent fake reviews on the platform that can intentionally mislead customers. While the company already uses machine learning models to detect risks such as links to other accounts, sign-in activity, review history, and other indications of unusual behavior that point to fake reviews, the tech giant said on Tuesday that is further investing in sophisticated fraud-detection tools. Using several such methods, the company said it “proactively blocked over 200 million suspected fake reviews” from its stores in 2022. “We will continue to build sophisticated tools that protect customers, our selling partners, and our store from bad actors that attempt to profit by proliferating fake reviews globally,” Amazon said. In the new statement, the e-commerce giant warned of the emergence of an illicit industry of “fake review brokers,” who approach consumers via social media channels, and messaging services, soliciting them to write fake reviews in exchange for money or other incentives. These brokers, according to Amazon, portray themselves as legitimate businesses with networks of hundreds of employees stationed worldwide. So far, it has taken legal action against over 90 such bad actors around the world who facilitated fake reviews and sued more than 10,000 Facebook group administrators who attempted to put fake reviews. It also reported over 23,000 abusive social media groups, with over 46 million members and followers, that facilitated fake reviews in 2022, the company added. These high-volume fake review brokers a “global problem” impacting multiple industries, according to Amazon, which called on the private sector, consumer groups, and governments to work together to stop fake review brokers. “Through cross-industry sharing – including information on bad actors’ tactics and techniques, who they are targeting, the services they provide, and how they operate – we can more effectively shut down these schemes, thereby protecting more consumers across different industries,” the company said. In countries that already have laws against soliciting fake reviews, it said regulators could do more to use their authority to take action against fake review brokers. “We also support greater funding for law enforcement to build further technical expertise to investigate and take down these brokers,” the multibillion-dollar conglomerate said. “Amazon will continue to protect our stores from fake reviews by investing in proactive tools to detect and stop fake reviews from impacting a customer’s buying decision,” it added. Read More Revealed: The delivery apps charging you double for your food shop Amazon staff spied on women private through Ring cameras, officials say ‘Last Beatles record’ was created using AI, says Paul McCartney Best Amazon deals and offers to buy now, from air fryers to Apple watches Jeff Bezos mocked for spending $4k on bottle of ‘engagement wine’ worth just $650 Elon Musk is once again world’s richest person
2023-06-13 17:45
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