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The Federal Trade Commission FTC announced a new enforcement action against Sitejabber, charging the review platform with deceiving consumers through misrepresentative reviews and ratings.Sitejabber,
stanley cup which uses artificial intelligence AI to power its consumer review platform, artificially inflated average ratings and review counts, the FTC alleged in a Wednesday Nov. 6 news release.Under a聽proposed order, Sitejabber will be banned from making future misrepresentations and from making other misrepresentations about consumer ratings or reviews, according to the release. Platforms dont have free rein to mislead people about the consumer reviews shown for companies and their products, said
stanley de Samuel Levine, director of the FTCs Bureau of Consumer Protection. Along with our聽rule on fake reviews and testimonials, cases like this one show that well act to stop all forms of deception in the review ecosystem. According to聽the FTCs complaint, GGL Projects, which operates as Sitejabber, surveyed consumers at the point of sale, before they
stanley polska could experience the goods or services they bought. They then used the results of those reviews to deceptively inflate the average ratings and review counts of its clients on the companys review platform, the FTC said.On Tuesday Nov. 5 , the FTC accused digital banking platform Dave of charging consumers undisclosed fees.The FTC is alleging that Dave has participated in deceptive marketing practices and charged its apps users fees without conse Hqwz Citi Debuts Digital Platform for Commercial Banking Customers
Its common knowledge that Kodaks demise came at the hands of digital. But few know the whole story of why that happened. Kodak relied, too much it turns out, on a lot of bad data about how much of a threat digital was to its business. Kodak didnt think it had much to worry about 鈥?until it did 鈥?and by then, it was too late. Their Kodak Moment came in 2003 鈥?seven years after its best year ever 鈥?and not long after a board report concluded digital was nothing to really worry about. In 2016, retail is on the verge of its own Kodak Moment 鈥?and not because it doesnt understand the impact of digital to its future. But because it, too, has been relying on bad data about how much of an impact digital and eCommerce has had on its business.聽And making decisions based on that bad data for years. My colleagues at MPD and PYMNTS found a massive mistake in how retail and Census data is reporte
stanley cup d 鈥?a mistake that has severely underreported the impact of digital sales on physical retail sales. Im going to share th
kubki stanley at story with you now. But first, a littl
stanley kubek e context, because you know how much I like a good story put in the right context. KODAKS GOLDEN YEARS1996 was a very good year for Kodak. It had a commanding market share: two-thirds of the global camera and film market. It was a beloved brand 鈥?in fact, one of the most valuable in the world behind McDonald , Coke and Disney. It was a sales and profit machine with annual revenues of $16 billion that year and profits of more than
