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Politics Apr 03, 2026

US Senators Accuse Ticketmaster of 'Bait and Switch' After Fee Hike

US senators criticize Ticketmaster for raising ticket fees despite a regulatory crackdown on hidden…
US senators have strongly rebuked Ticketmaster for increasing ticket fees following a regulatory crackdown on hidden charges. This move has been described as a 'bait and switch' tactic, leaving consumers with higher costs.The Federal Trade Commission (FTC) had mandated Ticketmaster to disclose all concert ticket fees upfront, known as all-in pricing, starting last May. In response, the company removed the order processing fee charged at the end of a transaction. However, documents obtained by the Guardian reveal that Ticketmaster simply raised other fees to offset the loss, potentially violating the FTC's ban on misleading fees.Senator Richard Blumenthal from Connecticut expressed his concerns, stating, 'Ticketmaster seems to believe it has a get-out-of-jail-free card to ignore antitrust and consumer protection laws. The FTC is going to have to choose whether to protect consumers and enforce the law, or cave to Ticketmaster lobbyists.'The FTC had sued Ticketmaster and its parent company, Live Nation Entertainment, last September for hiding mandatory fees until the end of the transaction. Ticketmaster claims it complies with the FTC's all-in pricing rules.In response to the criticism, Ticketmaster stated, 'Since May 2025, tickets on Ticketmaster.com have displayed the full price upfront in line with the FTC's all-in pricing rule. We also provide explanations of fees during the purchase process and maintain a dedicated page with additional information.'Senator Elizabeth Warren from Massachusetts also criticized Ticketmaster, saying, 'Too many giant monopolies think the law doesn’t apply to them, and it’s American families who are forced to pay the price.'An ongoing federal trial is examining whether Ticketmaster operates an illegal monopoly in the live music industry. The company denies these allegations.
#Ticketmaster #US Senate #Live Nation
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Business Apr 01, 2026

Chelsea FC Posts Record £262.4m Pre-Tax Loss for 2024-25 Season

Chelsea FC has announced a record pre-tax loss of £262.4m for the 2024-25 season, attributed to hig…
Chelsea Football Club has reported a staggering £262.4m pre-tax loss for the 2024-25 season, shattering the previous English football record held by Manchester City. The substantial loss is primarily attributed to increased operating costs compared to the previous season. The club's financial report reveals a significant downturn from the £128.4m profit recorded in the 2023-24 season, which was largely bolstered by the sale of Chelsea's women's team for nearly £200m. In contrast, Chelsea's latest financial statements reflect a challenging period for the club. According to a UEFA report, Chelsea's losses for the 2024-25 season were even higher, estimated at €407m (£355m). However, club sources indicate that these figures are influenced by differing reporting requirements in European football. In addition to the financial loss, Chelsea disclosed that they had spent £65.1m on agents' fees, the highest in the Premier League, with Aston Villa being the next biggest spenders at £38.4m. The total spend on agents' fees across English top-flight clubs rose by 13% to £460.3m. Despite the record loss, Chelsea assured compliance with the Premier League's profitability and sustainability rules (PSR), which permit maximum losses of £105m over three years, with certain expenditures like infrastructure and youth development being 'added back.' Chelsea reported revenue of £490.9m, the second-highest on record for the club, including earnings from their participation in the Club World Cup. The club is forecasting revenue of over £700m for the 2025-26 season. Sources close to Chelsea express confidence in their financial structuring and anticipate compliance with all regulatory requirements, including UEFA's football earnings rule, following a €20m fine for previous breaches.
#Chelsea FC #Premier League #Manchester City
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World Economy Apr 01, 2026

Berkeley Halts Land Purchases and Implements Hiring Freeze as Iran War Triggers UK Housing Market Shock, Forecasts £1.4bn Profit by 2030

London‑focused housebuilder Berkeley announced a stop to new land acquisitions and a hiring freeze …
Berkeley, one of Britain’s largest housebuilders, said it will cease buying new land and impose a hiring freeze as it confronts the impact of the Iran war and broader geopolitical volatility on the UK property market.The FTSE 100 company warned that a reduced likelihood of further interest‑rate cuts and soaring regulatory costs could weigh heavily on its business, prompting cost‑cutting measures that also include using fewer subcontractors.In a significant outlook revision, Berkeley now expects to generate more than £1.4 billion in pre‑tax profit between 2027 and 2030, a stark increase from the roughly £450 million it had forecast for the current year and 2027.Market reaction was swift: the company’s shares plunged up to 18 % on Wednesday morning, later recovering to sit about 13 % lower, making Berkeley the worst performer on the FTSE 100 that day.Berkeley’s statement noted that early‑2026 sales showed modest recovery, but “recent geopolitical events and the macro‑economic consequences, including reduced potential for further rate cuts, could reduce confidence in a near‑term market recovery.”The firm cited “unprecedented” increases in costs and regulation, alongside weak buyer demand, as reasons for halting land purchases, arguing it can no longer achieve a sufficient rate of return on new sites due to a continuous rise in tax and regulatory burdens.These challenges arrive as the UK government pushes to meet ambitious new‑home building targets, while the sector grapples with higher taxation, new building‑safety rules, and longer planning timelines—Berkeley estimates approvals now take about 12 months longer than before.The ongoing war in Iran has amplified inflation fears, lifted mortgage rates above 5 % and heightened mortgage‑cost pressures for consumers, according to Moneyfacts data.Competitors such as Barratt, Redrow and Persimmon have also suffered, each losing more than 20 % of their market value, underscoring the broader stress across the housing‑construction industry.Berkeley, headquartered in Surrey, employs over 2,500 people and focuses on brownfield regeneration projects. It holds land sufficient for 50,000 homes with an additional pipeline for 10,000 homes in London and the south‑east, but will slow construction on existing sites to match market demand and regulator approvals.
#new #land #berkeley
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Politics Mar 31, 2026

Regulating Online Games: A Complex Challenge in Social Media Debate

The article discusses the potential inclusion of online games in social media bans, highlighting th…
The recent ruling that Meta and YouTube are liable for creating addictive products has intensified the debate on restricting social media use for under-16s. However, there's another crucial aspect to consider: 85% of kids and teens interact online through video games. The suggestion to curb online gaming alongside social media restrictions raises significant concerns about feasibility and impact.Some online games, like Roblox, have proven to be unsafe environments for children, with cases of grooming and child exploitation. Nevertheless, implementing a ban on online gaming would be a regulatory nightmare. Games like Minecraft or EA Sports FC have different online components, making a blanket restriction difficult to enforce.Banning teens from playing games online entirely would be detrimental. Online games are vital social spaces for millions of teens, offering a few arenas where they can interact without adult surveillance. With two-thirds of council-run youth centers lost since 2010, video games fill a critical gap.The core problem lies in the internet's heterogeneous nature. Games, social media, and YouTube are distinct, making it hard to cancel out potential harms without also eliminating benefits. Instead of banning young people, the focus should be on taking back the internet from manipulative big tech companies.Parents concerned about their children's safety can use existing parental controls to mitigate risks. Features like chat restrictions, time limits, and age-appropriate settings can ensure children enjoy games while staying safe. A ban would introduce no further benefit and could cause significant harm.
#Meta #Twitch #Discord
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Technology Mar 30, 2026

Submersible Hydropower Rises in the Great Lakes as Trump Slashes Solar and Wind Subsidies

With the Trump administration withdrawing federal support for solar and wind, submersible hydropowe…
Submersible hydroelectric systems are emerging as a pivotal component of North America’s clean‑energy strategy, especially as the Trump administration eliminates key subsidies for solar and wind. The technology, already proven in Alaska and Maine, is now being deployed in the densely populated Great Lakes corridor, where electricity demand and prices are climbing sharply. Last month, Ocean Renewable Power Company (ORPC) announced its first urban installation on the St Lawrence River in Montreal, slated to launch two carbon‑fiber turbine units later this year. ORPC’s CEO Stuart Davies highlighted the river’s “consistent, high‑velocity water” and estimated a 60‑90 MW resource potential for the Montreal area alone. In parallel, ORPC is preparing a second project on the Niagara River near Buffalo, New York, and plans a future deployment on the lower Mississippi River between Baton Rouge and New Orleans. The timing coincides with record electricity price spikes across the Great Lakes. New York’s public service commission approved substantial rate hikes in September, and further increases are scheduled for 2027, while Michigan and Ohio face similar pressures driven by data‑center expansion. These economic pressures are driving interest in marine‑based power. Unlike traditional hydropower, ORPC’s devices resemble “push‑lawn‑mower blades” and can generate between 0.5 MW and 5 MW continuously, offering a potential baseload for industrial users and a reliable backup during grid outages. Environmental considerations remain central. While Quebec benefits from long‑standing, low‑cost hydropower, U.S. projects endure an average eight‑year licensing timeline. Critics worry about impacts on fish and wildlife, though ORPC cites its Alaska deployment—operating since 2019 without recorded fish injuries despite massive salmon migrations—as evidence of minimal ecological risk. Researchers are also expanding the technology’s reach to slower‑moving waters. University of Michigan professor Michael Bernitsas demonstrated the Vivace system on the St Clair River, capable of harvesting energy from currents as low as 0.5 m/s, suggesting broader applicability across the Great Lakes watershed. Operating in fresh water offers a distinct advantage: the absence of salt eliminates corrosion, extending turbine lifespan and reducing costs compared with ocean‑based projects. Some European tidal installations have even anchored devices to riverbeds to avoid ice damage, a practice ORPC may adopt. Financially, the sector benefits from a 40‑50 % investment tax credit that remains intact, even as the Trump administration phases out Biden‑era subsidies for solar and wind. The National Hydropower Association confirms that marine‑energy tax incentives will stay in place through at least 2033, reshaping the competitive landscape and attracting inquiries from entities in over 70 countries. As electricity bills rise and policy shifts favor alternative renewables, submersible hydropower could become a cornerstone of the Great Lakes’ energy mix, delivering resilient, low‑carbon power while navigating regulatory and environmental hurdles.
#lakes #energy #river
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Commentisfree Mar 29, 2026

Court Rulings Against Meta Highlighted in Nicola Jennings' Cartoon

The article features a cartoon by Nicola Jennings that highlights recent court rulings against Meta…
Nicola Jennings, a renowned cartoonist for The Guardian, has created a thought-provoking cartoon that illustrates the recent court rulings against Meta, the tech giant behind Facebook and Instagram. The cartoon, which is part of Jennings' ongoing series for The Guardian, visually represents the legal challenges faced by Meta, emphasizing the company's struggles with regulatory compliance and public scrutiny. Jennings' work often provides incisive commentary on current events and societal issues, and this cartoon is no exception. It offers a unique perspective on the implications of these court rulings for Meta and the broader tech industry. The cartoon is part of a larger collection of Jennings' work that can be found on The Guardian's website, where she regularly publishes her cartoons on a wide range of topics, from politics and social issues to technology and culture.
#nicola #jennings #cartoon
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World Economy Mar 27, 2026

Nigeria’s E‑Waste Influx: How Flooded Markets of Second‑Hand Gadgets Threaten Health and Economy

Nigeria has become a major hub for discarded electronics from the Global North, with up to 60,000 t…
Kano’s bustling Sabon Gari Market has turned into a frontline for Nigeria’s growing e‑waste dilemma. Residents like Marian Shammah, a 34‑year‑old cleaner, purchase second‑hand refrigerators for as little as 50,000 naira (≈ $36), only to see them fail within weeks, forcing them back to the market for another replacement. For many Nigerians, imported used appliances are perceived as more durable than locally produced models, despite the fact that a substantial portion arrives already defective. UN data indicate that roughly 60,000 tonnes of used electronics reach Nigeria each year, with at least 15,700 tonnes damaged on arrival. A 2015‑2016 UN tracking study found that over 85 % of these imports originated from Germany, the UK, Belgium, the Netherlands, Spain, China, the United States and Ireland. These shipments frequently breach the Basel Convention, the international treaty that restricts the export of hazardous e‑waste to countries with weaker environmental safeguards. Yet, exporters exploit loopholes—labeling cargo as “personal effects” or “for repair”—to evade thorough inspections. Health experts warn that the fallout is severe. E‑waste contains substances such as mercury, lead, and banned refrigerants (R‑12, R‑22) that persist in the environment for decades. Informal recyclers in Kano dismantle appliances without protective gear, inhaling toxic fumes and handling heavy metals, which leads to chronic respiratory problems, skin irritation, and even reproductive issues. A recent study by the International Journal of Environmental Research and Public Health linked these symptoms to long‑term toxic exposure among workers and nearby residents. Local medical professionals echo these concerns. Dr. Ushakuma Michael Anenga of the Benue State Teaching Hospital highlighted that heavy‑metal contamination and refrigerant gases jeopardize both respiratory and renal health, especially for children and pregnant women. Economically, the trade offers a false bargain. While a second‑hand fridge may cost half the price of a new unit, failures within months impose hidden costs—spoiled food, repeated purchases, and lost income for small business owners. Vendors such as Umar Hussaini admit that many items are sold “as is,” without warranties or functional testing, and that a significant share of imports arrive with faults. Nigeria’s regulatory body, the National Environmental Standards and Regulations Enforcement Agency (NESREA), asserts that imports are permitted only when they meet strict functionality criteria. In practice, however, traders often declare goods as household items to bypass scrutiny, and enforcement remains uneven. Industry observers argue that the profit margins for exporters and local brokers—who capitalize on the price differential between costly recycling in Europe and high demand for affordable “tokunbo” goods in Nigeria—are driving the continued influx. Ibrahim Adamu of the NGO Ecobarter calls for reinforced border inspections and extended producer responsibility schemes to shift the financial burden of safe disposal back onto manufacturers. With estimates that up to three‑quarters of imported electronics may be essentially junk, the situation underscores a broader systemic issue: wealthy nations offload hazardous waste while developing economies bear the environmental and health consequences. Until comprehensive enforcement and international accountability mechanisms are established, Nigerian consumers like Shammah will remain caught between the need for affordable appliances and the risk of repeated loss.
#nigeria #electronics #used
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Environment Mar 26, 2026

California Salon Demonstrates Profitable Zero-Waste Model in Beauty Industry

A California salon proves that a zero-waste approach can be both environmentally sustainable and fi…
Walking into Scisters Salon & Apothecary in southern California reveals what's immediately absent: no wall of plastic bottles, no chemical tang, and minimal waste. The salon's shelves feature large refill containers of shampoo and conditioner, houseplants adorn the space, and hair clippings are composted. The only trash can is a small basket mostly collecting clients' personal items, creating an environment that co-owner Melissa Parker notes clients immediately comment on: 'It smells good in here.' That never happens in a conventional salon.Opened 15 years ago by Parker and Easton Bajsec in La Mesa near San Diego, Scisters has evolved into one of the region's most prominent low-waste salons, diverting up to 99% of its refuse from landfills. Their business transformation addresses a significant industry problem: the beauty sector generates substantial waste, with North American salons sending an estimated 63,000lbs of hair to landfills daily, plus hundreds of tons of used foil and leftover hair dyes.The turning point came when Bajsec watched a documentary about the zero-waste movement while Parker developed health problems linked to prolonged exposure to salon chemicals. Studies have found that hairdressers' exposure to harmful chemicals such as formaldehyde, ammonia and sulfates puts them at higher risk of asthma, skin conditions, reproductive illnesses and cancer. Rather than leave the industry, they transformed their business.They eliminated perms due to formaldehyde exposure and moved away from big-name products despite green marketing claims. When existing alternatives didn't meet their standards for performance, ingredient transparency and waste reduction, they created their own line. Element, launched in 2019, is made in a California lab and sold in refillable glass and aluminum containers, featuring recognizable ingredients like organic aloe, wheat protein and castor oil.The salon's waste reduction strategies extend beyond product packaging. They implemented hair composting, foil recycling, and replaced waxing with sugaring—a compostable hair-removal technique. They switched to LED lighting, installed water-efficient showerheads, and use washable cloths instead of paper towels. Though they still offer hair bleaching (which releases ammonia), they mitigate risks with industrial air filtration and air-purifying plants.Bajsec acknowledges that 100% zero waste is impossible due to regulatory constraints on reusable gloves and plastic pump tops. The salon ships its minimal plastic waste to Green Circle Salons for specialized processing, paying $200 per box. Despite this cost, Parker notes the overall approach has been financially beneficial: 'Overall, it's actually less expensive. We're not outsourcing to other beauty brands. We're mindful about systems.'Their commitment to sustainability proved critical during the COVID-19 pandemic. When mandatory closures threatened their survival, they pivoted to refill sales, meeting clients in the parking lot. This refill model kept revenue flowing, allowing them to pay full rent while many neighboring tenants struggled. 'Going green has been the greatest thing we've done for our business financially,' Parker says. 'We accidentally created a point of differentiation.'Denise Baden, a professor of sustainable business at the University of Southampton, confirms that eco-friendly practices often reduce costs. 'It's a misunderstanding that to be eco-friendly, you have to spend more money. In fact, usually, it's the reverse,' she notes, adding that hairdressers are uniquely positioned to influence their communities.Now, Parker and Bajsec are helping other salons adopt similar practices through speaking engagements and an online guide. 'We get calls from other salons all the time,' Bajsec says. 'It's not sustainable if we're the only ones doing it.'
#Zero-waste salon #California #Sustainable beauty
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Technology Mar 26, 2026

Meta and YouTube Found Liable in Landmark Social Media Addiction Trial

A California jury has found Meta and YouTube responsible for injuries incurred by a 20-year-old wom…
A recent jury verdict in California has held Meta and YouTube liable for the harm caused to a young woman, KGM, due to the addictive nature of their platforms. The plaintiff claimed that her social media use, which began at the age of six, led to injuries including body dysmorphia and thoughts of self-harm.The jury's decision marks a significant milestone in the ongoing debate about the impact of social media on young people. The verdict suggests that companies like Meta and YouTube, which have been accused of designing features to keep users engaged, can be held accountable for the harm caused by their platforms.Critics of the judgment argue that it could lead to a flood of lawsuits against social media companies, while others see it as a necessary step to protect young people from the potential dangers of social media. The verdict may also prompt regulatory changes and increased scrutiny of social media companies' practices.According to a report from Brown University, social media can be addictive due to its ability to activate the brain's reward system, releasing feel-good hormones such as dopamine. This can lead to a vicious cycle of use and addiction, particularly among young people who spend many hours a day on social media.In response to growing concerns, some countries have taken action to protect young people. Australia, for example, has banned children under 16 from using social media. In the US, there have been calls for social media companies to be required to put warning labels on their sites, but such proposals have yet to gain traction.The verdict is also significant given the close ties between the tech industry and the US administration. The appointment of Mark Zuckerberg to the president's council of advisers on science and technology has raised concerns about the influence of tech companies on policy decisions.Ultimately, the jury verdict sends a clear message to tech titans that they will be held accountable for the impact of their platforms on young people. As the debate about social media regulation continues, this verdict is likely to have far-reaching implications for the industry and for the protection of young people online.
#social #media #people
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