The financial campaigner James Daley has launched a 1.5bn class action lawsuit against Apple over its mobile phone wallet, claiming the US tech company blocked competition and charged hidden fees that ultimately harmed 50 million UK consumers. The lawsuit takes aim at Apple Pay, which they say has been the only contactless payment service available for iPhone users in Britain over the past decade.
According to internal documents revealed by Reuters, users of Facebook, Instagram, and WhatsApp see 15 billion ads a day promoting scams, from fake Trump stimulus checks to deepfakes of Elon Musk hawking cryptocurrency. The company reportedly knows this; Reuters said that its own trust and safety team estimated that one-third of scams in the US involved a Meta platform. So why hasn't Meta done more? Perhaps because these ads are apparently highly profitable, to the tune of $7 billion US or more a year.
Defendants blame a technological "arms race" and ticket scalping for shutting fans out of artist-priced primary market tickets, but in reality, Defendants' own conduct gives purchasing consumers no choice but to resort to purchasing tickets at a steep markup in the resale market, where Defendants can collect another round of fees on the same tickets.