Deliveroo confirms Dutch exit next month

Deliveroo has confirmed it’s exiting the Netherlands following an announcement this summer that it was consulting on pulling out of the market. In a statement today, the on-demand delivery app said its consultation had concluded that achieving and sustaining a top-tier market position in the market would require “a disproportionate level of investment with highly…

Password usage is falling worldwide – but that might not be a big problem

Passwords are falling in popularity as people turn to more secure password-less  authentication methods.  That’s according to the FIDO Alliance’s latest Online Authentication Barometer report, which gathers insights into the state of online authentication globally. Based on a survey of more than 10,000 consumers in the UK, France, Germany, US, Australia, Singapore, Japan, South Korea,…

Workers at Apple stores in Australia went on strike for an hour and are refusing to repair AirPods or handle deliveries in a dispute over pay and conditions

Some Apple workers in Australia went on strike on Tuesday. Loren Elliott/Reuters Dozens of Apple workers in Australia went on strike on Tuesday in a dispute over pay and  conditions. The workers are now refusing to repair AirPods, fix screens, or handle deliveries. Union official Josh Cullinan said the strike represented landmark action by Australian…

The government has already canceled $800 million of debts for US farmers, and says that’s ‘just the first step’ in its loan relief programme

Hinterhaus Productions/Getty Images The USDA has canceled $800 million in debts for 13,100 farmers, it said Tuesday. The Inflation Reduction Act included $3.1 billion in assistance for distressed farm loan borrowers. The USDA said Tuesday’s announcement was “just the first step” in aiding distressed farmers. The US Department of Agriculture has already canceled $800 million…

A Europe with zero Russian gas flows is unimaginable as Asian competition for supplies heats up, Qatar’s energy minister says

Europe is still negotiating natural gas deals with Qatar. Hoëgh LNG Qatar’s energy minister told the FT he can’t envisage a future with zero Russian gas flows to Europe.  Its energy supply problem could last until 2025 if Russian deliveries don’t return, Saad al-Kaabi said. European importers are in “huge competition” with Asian buyers for…

Italy’s ‘No. 1 brand of pasta’ faces a class-action lawsuit over its products that are made in Iowa and New York

Although the company originated as a bread and pasta shop in Italy, Barilla is now based in Illinois. SOPA Images / Contributor / Getty Images A judge has ruled that pasta brand Barilla must face a class-action lawsuit over its advertising.  Although styled as “Italy’s No. 1 brand of pasta,” its products are made in…

Amazon founder Jeff Bezos warns the US economy may slump into a recession – and says people should brace for a painful downturn

Amazon founder Jeff Bezos. Mark Ralston/AFP/Getty Images Jeff Bezos said the US economy faces a significant risk of recession. Amazon’s billionaire founder advised people to prepare for a difficult downturn. Bezos flagged inflation as a critical problem to solve earlier this year. Jeff Bezos has warned the US economy may be headed for a recession…