Consumer Protection

South Korean National Assembly hearing on Coupang data leak: lawmakers question executives as opposition boycotts, documents and breach visuals on display.

National Assembly holds two-day hearing on Coupang data leak amid escalating probes

30 Mwezi wa kumi na mbili, 2025 Imeripotiwa na AI Picha iliyoundwa na AI

South Korea's National Assembly launched a two-day hearing on Tuesday, December 30, to investigate Coupang's massive data breach affecting 33.7 million customers, following the presidential office's emergency meeting last week. Disputes persist between the government and company over the breach's scope, with the main opposition party boycotting the proceedings.

LY Corp. to ban high-price resale of new Gunpla for three months

LY Corp., operator of Yahoo! Japan, has announced a ban on reselling new Mobile Suit Gundam plastic models and similar kits at prices above retail on its flea market and auction sites for three months after release. The policy aims to curb malicious high-price resales and hoarding. It will take effect on February 6.

Massachusetts lawmakers introduce bills requiring product end-of-life notices

22 Mwezi wa kwanza, 2026 Imeripotiwa na AI

Two Massachusetts lawmakers have introduced bills in the state legislature to mandate that companies inform customers about when support for connected devices will end. The proposals aim to enhance cybersecurity and consumer protections amid growing concerns over device obsolescence. If enacted, the law would help buyers plan for the reliable lifespan of their gadgets.

Afrika

Supreme Court of Appeal holds banks liable for defective financed vehicles

Teknolojia

Instacart agrees to $60 million FTC settlement for refunds

Asia

No-show penalty ceiling at fine dining restaurants raised to 40%

Texas sues major TV makers over smart TV surveillance

Texas Attorney General Ken Paxton has filed lawsuits against Samsung, LG, Sony, Hisense, and TCL, accusing them of using Automated Content Recognition technology to spy on viewers without consent. The suits claim this software captures screenshots every 500 milliseconds and transmits viewing data for targeted advertising. Paxton seeks damages and restraining orders to halt the practices.

Financial ombud recovers R60m and warns of reckless borrowing

15 Mwezi wa kumi na mbili, 2025 Imeripotiwa na AI

The National Financial Ombud Scheme's Banking Division recovered over R60 million for consumers in 2025, primarily through fraud-related refunds. Officials emphasized that dishonest applicants cannot later claim reckless lending under the National Credit Act. The division's interventions also included returning repossessed vehicles and writing off debts to provide life-changing relief.

Colombia's Superfinanciera says 26 entities waive savings account fees

Colombia's Superintendency of Finance announced that at least 26 financial entities do not charge maintenance fees for savings accounts. Additionally, 10 establishments waive fees for transfers in the low-amount deposits category. The agency recommends using its tariff comparator to find the best options.

Eko DisCo launches second phase of free prepaid meter rollout

8 Mwezi wa kumi na moja, 2025 Imeripotiwa na AI

The Eko Electricity Distribution Company has begun the second phase of its free prepaid meter installation program in Lagos and parts of Ogun State. The initiative aims to eliminate estimated billing and protect customers from fraud. Officials emphasize that no fees are required for the service.

Jumapili, 11. Mwezi wa kwanza 2026, 17:45:41