Swedish price-comparison firm PriceRunner is suing Google for 2.1 billion euros, alleging the company owned by Alphabet unfairly manipulated search results to favor its own services, Reuters reported. Google lost an appeal against a 2.42 billion euro fine in 2017 for similar allegations. “They are still abusing the market to a very high extent and haven’t changed basically anything,”...
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How Stitch Fix Fumbled a Make-or-Break Pivot
Stitch Fix planned to revive sales growth by turning its original strategy on its head. Inside the company, there were warning signs that the effort would struggle. The retailer, which is best known for sending customers five-piece boxes of clothes and accessories picked out by stylists, hoped to broaden its appeal by using algorithms to recommend items for people to buy directly online. But a...
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