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How Online Shopping Makes Suckers of Us All

Thelasko shares an excerpt from a report via The Atlantic, which describes how price discrimination is used in online shopping and how businesses like Amazon try to extract consumer surplus: Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way ... Read More »

A Caterpillar May Lead To a ‘Plastic Pollution’ Solution

New submitter FatdogHaiku quotes a report from BBC: Researchers at Cambridge University have discovered that the larvae of the moth, which eats wax in bee hives, can also degrade plastic. Experiments show the insect can break down the chemical bonds of plastic in a similar way to digesting beeswax. The plastic is used to make shopping bags and food packaging, ... Read More »

Uber Gets Sued Over Alleged ‘Hell’ Program To Track Lyft Drivers

An anonymous reader quotes a report from TechCrunch: Uber has another lawsuit on its hands. This time, it’s about Uber’s alleged use of a program called “Hell.” The plaintiff, Michael Gonzales, drove for Lyft during the time Uber allegedly used the software. He’s seeking $5 million in a class action lawsuit. As the story goes, Uber allegedly tracked Lyft drivers ... Read More »

Square Said To Acquire Team From Struggling Social App Yik Yak

According to Bloomberg, Square has acquired the engineering team of Yik Yak for “less than $3 million.” From the report: The payments processor paid less than $3 million for between five and ten of Yik Yak’s engineers, according to the person. Atlanta-based Yik Yak’s Chief Executive Officer Tyler Droll will not join Square, the person added, asking not to be ... Read More »

Slashdot Asks: Which Wireless Carrier Do You Prefer?

Earlier this year, telecommunications giants like T-Mobile, AT&T, Verizon and Sprint were battling to see who could release the best unlimited data plan(s). T-Mobile started the domino chain reaction with the launch of its “One” unlimited plan in August. But the competition became especially fierce in February when Verizon introduced unlimited data plans of their own, causing Sprint and AT&T ... Read More »