US FTC to Investigate Video Game Loot Boxes

Federal regulators have vowed to investigate a growing trend in video games that analysts say could soon become a $50 billion (roughly Rs. 3.5 lakh crores) industry but which has drawn fire from critics who compare the practice to gambling. Senior officials at the Federal Trade Commission, America’s top consumer watchdog, said Tuesday that they will […]


Amazon Workers Split as Company Raises Minimum Wage

Almost no workers clapped this week at the all-hands meeting after lunch at this Amazon fulfilment centre outside Nashville when a plant manager announced that the company’s minimum wage was climbing to $15 (roughly Rs. 1,100) an hour. Instead of celebrating, many workers put their hands up to ask questions and express deep frustration, according to five […]