Amazon (AMZN) has admitted it is awash in fake reviews and has promised to crack down, having agreed with a U.K. regulatory agency to sanction users and businesses that engage in the practice. The punishments Amazon will doll outinclude outright bans and deleting past reviews.Read more... [...]
The effects of Tesla’s (TSLA) “unprecedented” brand damage have surprised even analysts at J.P. Morgan (JPM), who had already described the backlash against CEO Elon Musk as without equal in the history of the automotive industry.Read more... [...]