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    Platforms seek DPDP alignment in NCPCR’s child safety guidelines

    In a meeting held by NCPCR on Thursday, the platforms said age-assurance and parental-consent mechanisms under the data protection regime should be harmonised with any NCPCR guidelines rather than being governed by parallel obligations.

    Chinese man gets a 2BHK flat for Rs 155 after placing the highest bid first in an online auction, plans to spend winter holidays there

    2BHK flat for Rs 155: A Chinese shopper has bought a 732 sq ft, two-bedroom apartment for just Rs 155 during the Double 11 shopping festival. The auction attracted 1,677 bidders, while the apartment's estimated market value is Rs 5.6 lakh. The buyer will additionally pay around Rs 28,000 in taxes to complete the ownership transfer.

    Online festive sales miss estimates; Munjal steps down as Unacademy CEO

    Happpy Thursday! Online festive sales grew, but fell short of expectations amid weak smartphone demand.This and more in today’s ETtech Morning Dispatch.

    Dhanteras gold rush stretches quick commerce delivery fleets, stores

    Heavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Bengaluru temporarily pausing services on Friday due to a paucity of delivery executives.

    EU threatens significant fines for unfair online trade practices

    The European Commission is proposing a new Digital Fairness Act aimed at enhancing consumer rights. This legislation will impose fines on companies engaging in unfair practices such as deceptive advertising targeted at children. It seeks to ban dark patterns and other misleading digital strategies that cost consumers significantly. Companies will need to comply with these new rules to avoid substantial penalties.

    Amazon Prime Refund: $3 million for customers after lawsuit alleges company made subscription cancellations complicated; also pledges $1.5 million for consumer protection

    Amazon Prime Refund: Amazon has agreed to pay $3 million to eligible Prime customers in Arizona to settle allegations that its six-step membership cancellation process made it difficult for subscribers to end their memberships. The company will also contribute $1.5 million towards consumer protection, pay $1.5 million in legal expenses and donate $1 million to food charities. Amazon has denied wrongdoing.

    The Economic Times
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