NJ files antitrust suit against Amazon on delivery contractor control

New Jersey Attorney General Jennifer Davenport announced on Tuesday that she’s suing Amazon on antitrust grounds, alleging the online retailer abuses its power over third-party delivery contractors to suppress competition and harm workers. Amazon prevents delivery workers from unionizing, restricts contractors in its delivery network from hiring each other’s drivers, and limits competition for their…

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Visa to buy fraud-detection firm BioCatch for $2.4 billion

Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data…

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