Latest news with #european
Yahoo
20 hours ago
- Business
- Yahoo
Consumer groups lodge complaint about Shein's online nudging with EU Commission
'This item is now cheaper by €0.50! Hurry!', 'Sure to leave? You will lose €200 reward', or 'FREE SHIPPING – don't miss out!' These are just some of the messages with which clothes retailer Shein bombards its users in an effort to nudge them into buying more, according to consumer rights group BEUC. While such aggressive sales tactics are not necessarily illegal in themselves, they could cross the line when combined with other forms of manipulation, BEUC argued in a formal complaint for unfair practices filed on Thursday with the European Commission and the Consumer Protection Cooperation Network (CPC). They are calling on the European Commission and consumer protection authorities to ask SHEIN to stop using misleading tactics and to prove that the information on its website is accurate. The complaint targets the Chinese ultra-fast fashion giant for its widespread use of so-called dark patterns: deceptive design techniques that trick users into making choices they might not otherwise make. They can be visual strategies designed to confuse, pressure or emotionally manipulate users. A classic example? Online travel booking sites that push add-ons through misleading wording, or highlight the 'accept' button in bright colours while burying the 'decline' option in grey. BEUC warns that these tactics are rampant across the fast fashion industry, with even major european retailers like H&M and Zara also using similar methods. But Shein, they say, takes it to another level. 'The analysis revealed that Shein was the most manipulative fast fashion trader, using at least eight different types of dark patterns -more than any other trader studied,' the report states, referring to an investigation by UK-based digital design agency Rouge. With a reported $32 billion in revenue in 2023 and operations in over 150 countries, Shein's strategy seems to be paying off. But as regulators turn the spotlight on Chinese e-commerce giants, this new complaint could mark a turning point, not just for Shein, but for how online shopping is regulated across the EU. Activity and low stock messages: Shein floods users with prompts like '2,000 sold' or 'only 3 left' to stir up a sense of urgency. These alerts are designed to make shoppers feel like everyone's buying and fast. Whether it's showing what others just purchased or warning that stock is running low, the aim is the same: to nudge you into checking out before you've had time to think twice. BEUC highlights that in many cases, there's no way to know if the rush is even real. Countdown timers: Visual elements like ticking clocks or phrases implying deals will end soon are used to create artificial time pressure. These tools are designed to rush consumers into finalising a purchase by making them feel the opportunity is fleeting. Once again, it's unclear whether or not the deadline is real. Peer pressure through testimonials: By showcasing uniformly positive reviews and hiding negative feedback, platforms can manufacture a false consensus of satisfaction. The report observed that no product was rated under 4 stars out of 5 – and cast doubt on the veracity of those reviews. Confirm-shaming and forced registration: Shein also 'guilt-trips', according to BEUC. Try leaving the site or skipping a discount, and you might be met with pop-ups asking, 'Are you sure you want to miss out?' These messages play on emotion, making users feel silly or selfish for not accepting the offer. On top of that, you can't just buy and go. To complete a purchase, you're forced to create an account or sign in through Google or Facebook, handing over personal data before you can even reach the checkout. The design choices such as highlighting preferred buttons or obscuring exit options subtly influence decisions. These visual nudges take advantage of emotional responses, guiding users toward outcomes they might not have chosen freely. Infinite scroll: The interface continuously loads new content as users browse on the website and the app, making it nearly impossible to reach the end of the page. This technique keeps users engaged far longer than intended, drawing them deeper into the site as social media addictive technics. Shein is already facing scrutiny from European regulators. Last week the European Commission and the network of national consumer protection authorities (CPC Network) slammed Shein for using fake discounts, manipulative pressure tactics and misleading claims, in breach of consumer laws and called for urgent redress. The consumer protection advocates hope this complaint will go beyond addressing Shein alone but will feed into the Commission's broader efforts to clean up e-commerce across the EU, especially as lawmakers debate the upcoming 'Digital Fairness Act'. Alongside these consumer law probes, Shein is under investigation for possible breaches of the Digital Services Act. The DSA probe focuses on algorithmic recommendation systems - how certain products are promoted to specific users - and the sale of illegal goods, such as items that fail to meet EU health and safety standards. Shein has been approached for comment and this article will be updated.
Euronews
20 hours ago
- Business
- Euronews
Consumer groups lodge complaint about Shein's online nudging with EU Commission
'This item is now cheaper by €0.50! Hurry!', 'Sure to leave? You will lose €200 reward', or 'FREE SHIPPING – don't miss out!' These are just some of the messages with which clothes retailer Shein bombards its users in an effort to nudge them into buying more, according to consumer rights group BEUC. While such aggressive sales tactics are not necessarily illegal in themselves, they could cross the line when combined with other forms of manipulation, BEUC argued in a formal complaint for unfair practices filed on Thursday with the European Commission and the Consumer Protection Cooperation Network (CPC). They are calling on the European Commission and consumer protection authorities to ask SHEIN to stop using misleading tactics and to prove that the information on its website is accurate. The complaint targets the Chinese ultra-fast fashion giant for its widespread use of so-called dark patterns: deceptive design techniques that trick users into making choices they might not otherwise make. They can be visual strategies designed to confuse, pressure or emotionally manipulate users. A classic example? Online travel booking sites that push add-ons through misleading wording, or highlight the 'accept' button in bright colours while burying the 'decline' option in grey. BEUC warns that these tactics are rampant across the fast fashion industry, with even major european retailers like H&M and Zara also using similar methods. But Shein, they say, takes it to another level. 'The analysis revealed that Shein was the most manipulative fast fashion trader, using at least eight different types of dark patterns -more than any other trader studied,' the report states, referring to an investigation by UK-based digital design agency Rouge. With a reported $32 billion in revenue in 2023 and operations in over 150 countries, Shein's strategy seems to be paying off. But as regulators turn the spotlight on Chinese e-commerce giants, this new complaint could mark a turning point, not just for Shein, but for how online shopping is regulated across the EU. Activity and low stock messages: Shein floods users with prompts like '2,000 sold' or 'only 3 left' to stir up a sense of urgency. These alerts are designed to make shoppers feel like everyone's buying and fast. Whether it's showing what others just purchased or warning that stock is running low, the aim is the same: to nudge you into checking out before you've had time to think twice. BEUC highlights that in many cases, there's no way to know if the rush is even real. Countdown timers: Visual elements like ticking clocks or phrases implying deals will end soon are used to create artificial time pressure. These tools are designed to rush consumers into finalising a purchase by making them feel the opportunity is fleeting. Once again, it's unclear whether or not the deadline is real. Peer pressure through testimonials: By showcasing uniformly positive reviews and hiding negative feedback, platforms can manufacture a false consensus of satisfaction. The report observed that no product was rated under 4 stars out of 5 – and cast doubt on the veracity of those reviews. Confirm-shaming and forced registration: Shein also 'guilt-trips', according to BEUC. Try leaving the site or skipping a discount, and you might be met with pop-ups asking, 'Are you sure you want to miss out?' These messages play on emotion, making users feel silly or selfish for not accepting the offer. On top of that, you can't just buy and go. To complete a purchase, you're forced to create an account or sign in through Google or Facebook, handing over personal data before you can even reach the checkout. The design choices such as highlighting preferred buttons or obscuring exit options subtly influence decisions. These visual nudges take advantage of emotional responses, guiding users toward outcomes they might not have chosen freely. Infinite scroll: The interface continuously loads new content as users browse on the website and the app, making it nearly impossible to reach the end of the page. This technique keeps users engaged far longer than intended, drawing them deeper into the site as social media addictive technics. Shein is already facing scrutiny from European regulators. Last week the European Commission and the network of national consumer protection authorities (CPC Network) slammed Shein for using fake discounts, manipulative pressure tactics and misleading claims, in breach of consumer laws and called for urgent redress. The consumer protection advocates hope this complaint will go beyond addressing Shein alone but will feed into the Commission's broader efforts to clean up e-commerce across the EU, especially as lawmakers debate the upcoming 'Digital Fairness Act'. Alongside these consumer law probes, Shein is under investigation for possible breaches of the Digital Services Act. The DSA probe focuses on algorithmic recommendation systems - how certain products are promoted to specific users - and the sale of illegal goods, such as items that fail to meet EU health and safety standards. Shein has been approached for comment and this article will be updated. Meta has signed a 20-year nuclear power deal to meet the surging power demand for its artificial intelligence (AI) needs. Meta's joint investment with Constellation Energy will also expand the output of a nuclear plant in the state of Illinois in the US by 30 megawatts, preserve 1,100 local jobs, and bring in $13.5 million (€11.8 million) in annual tax revenue, according to the companies. The plant currently powers the equivalent of about 800,000 US homes. The deal will come into effect in 2027, after the lapse of a zero-emission credit programme keeping the Illinois plant afloat that is set to expire that year. "Securing clean, reliable energy is necessary to continue advancing our AI ambitions," said Urvi Parekh, Meta's head of global energy. The agreement announced on Tuesday is just the latest in a string of tech-nuclear partnerships as the use of AI expands. Financial details of the agreement were not disclosed. Surging investments in small nuclear reactors comes at a time when large tech companies are facing two major demands: a need to increase their energy supply for AI and data centers, among other needs, while also trying to meet their long-term goals to significantly cut greenhouse gas emissions. Last autumn, Amazon said it was investing in small nuclear reactors, two days after a similar announcement by Google. Additionally, Google announced last month that it was investing in three advanced nuclear energy projects with Elementl Power. Amazon, Google, and Microsoft have also been investing in solar and wind technologies, which make electricity without producing greenhouse gas emissions.
Time Business News
08-05-2025
- Time Business News
Yachting and Boating Rental in Abu Dhabi: Your Ultimate Guide
Abu Dhabi, the capital of the United Arab Emirates, is famous not only for its grand architecture and rich culture but also for its stunning coastline and crystal-clear waters. Whether you're a tourist or a resident, exploring Abu Dhabi through a yachting and boating rental is one of the most luxurious and unforgettable experiences you can have. From birthday parties to romantic getaways and corporate events, boat rentals in Abu Dhabi cater to every occasion. Why Choose Abu Dhabi for Yachting and Boating? Outdoor shot of three trendy european friends sitting on boat, having lunch and drinking champagne, expressing joy and pleasure. Every year they book tickets to warm countries in winter. Copy space. Abu Dhabi offers a unique blend of luxury, safety, and natural beauty that makes it ideal for yachting. Here's why it stands out: Calm and Scenic Waters: The Arabian Gulf offers smooth sailing conditions, making it perfect for both beginners and experienced boaters. The Arabian Gulf offers smooth sailing conditions, making it perfect for both beginners and experienced boaters. World-Class Marinas: Yas Marina, Emirates Palace Marina, and Al Bateen are just a few of the luxury docking points in the city. Yas Marina, Emirates Palace Marina, and Al Bateen are just a few of the luxury docking points in the city. Iconic Landmarks: Enjoy views of the Emirates Palace, Presidential Palace, and the stunning skyline from the sea. Enjoy views of the Emirates Palace, Presidential Palace, and the stunning skyline from the sea. Year-Round Boating Season: Thanks to Abu Dhabi's warm climate, you can enjoy a boat ride almost any time of the year. Types of Yachts and Boats for Rent Whether you're planning a peaceful day at sea or a glamorous celebration, there's a wide variety of rental options available in Abu Dhabi: 1. Luxury Yachts These are equipped with air-conditioned cabins, lounges, sun decks, music systems, and sometimes even Jacuzzis. Ideal for: Corporate events Private parties Romantic evenings 2. Speed Boats Perfect for thrill-seekers who want to explore multiple locations quickly or enjoy water sports like wakeboarding and tubing. 3. Fishing Boats For fishing enthusiasts, there are boats equipped with fishing gear and coolers. Some services even include a professional fishing guide. 4. Party Boats If you're celebrating a birthday, engagement, or reunion, party boats come with sound systems, BBQ facilities, and ample space for dancing and fun. What to Expect From a Boat Rental Service A top-tier yachting and boating rental in Abu Dhabi should offer: Professional Crew: Certified captains and crew members ensure safety and top-quality service. Certified captains and crew members ensure safety and top-quality service. Custom Packages: Whether you want a sunset cruise, a half-day adventure, or a full-day trip, the best services offer flexible packages. Whether you want a sunset cruise, a half-day adventure, or a full-day trip, the best services offer flexible packages. Add-ons and Extras: Jet skis, catering services, onboard photographers, and water toys for kids are just a few extras you can request. Why Choose Butinah Charters? If you're looking for a trusted and luxurious yacht charter service in Abu Dhabi, Butinah Charters is your go-to solution. Here's what makes them stand out: Fleet Variety From sleek speed boats to spacious party yachts, Butinah Charters offers a wide range of rental options to suit all needs and budgets. Experienced Crew Their team consists of skilled professionals trained to provide a safe, smooth, and memorable experience. Affordable Luxury They offer competitive pricing without compromising on luxury or comfort. Whether it's a short cruise or a full-day experience, there's a package for everyone. Customized Experiences Want a sunset dinner cruise or a surprise birthday party at sea? Butinah Charters can customize every detail to match your vision. Tips for Renting a Yacht in Abu Dhabi To make the most of your trip, keep these tips in mind: Book in Advance: Especially during weekends and holidays. Especially during weekends and holidays. Know the Capacity: Choose the right yacht size based on your group. Choose the right yacht size based on your group. Check Reviews: Always read customer reviews for honest feedback. Always read customer reviews for honest feedback. Pack Smart: Sunscreen, swimwear, light clothing, and sunglasses are essentials. Sunscreen, swimwear, light clothing, and sunglasses are essentials. Respect Marine Rules: Littering or reckless behavior can result in fines. Ideal Occasions for Boat Rentals Here are some moments perfect for a boating or yachting rental in Abu Dhabi: Weddings and Anniversaries Family Getaways Corporate Retreats Bachelor/Bachelorette Parties Photography Shoots Sunset Cruises Final Thoughts Yachting and boating rental in Abu Dhabi is more than just a leisure activity—it's an experience that combines nature, luxury, and adventure in the heart of the UAE. Whether you're exploring hidden islands, enjoying a romantic cruise, or celebrating with friends, the open sea offers something for everyone. For the best yachting experience in Abu Dhabi, trust Butinah Charters. Their outstanding service, diverse fleet, and commitment to customer satisfaction make them the top choice for unforgettable marine adventures. TIME BUSINESS NEWS
Yahoo
01-03-2025
- Business
- Yahoo
After Trump-Zelensky blowup, Europe may be more willing to seize frozen Russian assets while EU official says ‘free world needs a new leader'
The shouting match between President Donald Trump and Ukrainian President Volodymyr Zelensky on Friday may spur European countries to take bigger steps to ensure aid keeps flowing to Kyiv as it struggles to fight off Russia's invasion. Top geopolitical analyst Ian Bremmer said an EU seizure of Russia's frozen assets is now more likely. European leaders expressed support for Ukrainian President Volodymyr Zelensky after getting in a heated argument with President Donald Trump on Friday, raising speculation on what actions they could take to back up their words. The diplomatic meltdown in the Oval Office sank hopes for a US-Ukraine mineral deal that could have eased the path for more support and an eventual end to the war. Meanwhile, the Trump administration is reportedly considering a halt to all US military aid. Before the blowup, some European counties were eyeing a massive pot of money: the roughly $200 billion of Russian assets in the EU that were frozen after Vladimir Putin launched his war on Ukraine three years ago. Interest from those assets are already being used to back an earlier 50 billion-euro loan to Ukraine. But some leaders are concerned about the legality of an outright seizure of Russia's currency, gold, and government bonds, which could also raise doubts about the safety of certain assets across global markets. Now, the prospect of US aid ending soon could overcome lingering resistance. "european union now more likely to seize russia's frozen assets, making up for loss of american support for ukraine," Ian Bremmer, president of political risk research and consulting firm Eurasia Group, posted on X on Friday. That comes as Europe reckons with a possible future without US leadership, including a trans-Atlantic alliance that has been the bulwark of Washington's security shield for nearly 80 years. The EU's top diplomat, Kaja Kallas, signaled after the Trump-Zelensky shouting match on Friday that Europe will try to fill the void. "The free world needs a new leader," she said. "It's up to us, Europeans, to take this challenge." Kallas, a lawyer and a former prime minister of Estonia, has also been a proponent of seizing Russia's frozen assets. In December, she said Ukraine has a legitimate claim for compensation and suggested the frozen Russian assets would help pay the damage Moscow has inflicted. On Monday, she said one more EU country had switched from opposing an asset seizure to supporting it without naming the member state, but acknowledged the difficulty of getting unanimous approval. "This is what I have always said: eventually, especially in the situation where we are right now, we all come to the conclusion that our taxpayers should not be the ones who are paying for this," Kallas added. "It should come from the country that destroys Ukraine, which is Russia." Leaders from Poland, Estonia, and Finland recently added to growing calls for seizure. And on Monday, Czech Prime Minister Petr Fiala joined in, saying Trump is completely transforming US foreign policy. But the Eurasia Group's Bremmer expressed doubts that Europe will step up its support for Ukraine meaningfully. "Are the Europeans willing to stand up for themselves, for their principles, for their values, and for fellow Europeans? And I fear the answer is no," he said in a video posted on Saturday. "Analytically, everything we've seen for the last three years is that they're going to talk a really good game and they're not going to do very much. But we shall see. And we shall see very soon because this is the future of the West. This is the future of democracy. And it sure as hell is the future of the Ukrainians." This story was originally featured on
