Cryptocurrency scams triple in a year – at £27m total cost to victims

Fraudsters use professional-looking websites and promise high returns Investment scams involving cryptocurrencies such as bitcoin and foreign currency trading have tripled in a year, with the average victim losing £14,600, according to the UK’s Financi…

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Morrisons free to use Amazon and Deliveroo in looser Ocado deal

Online grocer eases restrictions as it covets more warehouse space to fulfil its own orders Morrisons is free to deepen it relationship with Amazon after the UK’s fourth-largest supermarket loosened its ties with Ocado, the online delivery service. The…

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Tesco seeks online sales tax to fund business rate cuts

Supermarket tells MPs ‘the burden of rates has become unsustainable’Tesco has urged the government to impose a 2% online sales tax to help pay for a cut in business rates for shops, saying the current system is unfair and is damaging communities across…

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Even Amazon and the tech giants could fail to click in a changing market

If the online retail giant has felt some pressure on profits, what price other, less secure, Silicon Valley firms?The march of Amazon and other US tech giants to world domination can sometimes seem unstoppable. Investors who have bought into the Amazon…

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Flood of ‘fake’ five-star reviews inundating Amazon, Which? finds

Unverified reviews may be being used to artificially boost products, says consumer groupAmazon’s customer review system is being undermined by a flood of “fake” five-star reviews for products from unfamiliar brands, a new investigation claims.The consu…

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Amazon accused of abandoning 100% renewable energy goal

Slow progress on powering firm’s datacentres using renewables raises questionsAmazon has been accused of abandoning a much-publicised goal of running its datacentres on 100% renewable energy – instead focusing its attention on winning business from the…

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