Adobe Sued by US Regulators Over Subscription Cancellations [Yahoo! Finance Canada]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Adobe pushed users toward annual subscriptions to its creative software such as Photoshop without “adequately disclosing” that canceling in the first year could cost hundreds of dollars, the FTC said Monday in a statement. The San Jose, California-based company also designed the cancellation process to be difficult, requiring navigating many online pages or transfers between customer services representatives, the regulators said. ADVERTISEMENT “Adobe trapped customers into yearlong subscriptions through hidden early termination fees and numerous cancellation hurdles,” said Samuel Levine, director of the FTC's Bureau of Consumer Protection. The Justice Department filed the complaint in a California federal court on behalf of the FTC, which enforces US consumer protection laws. Adobe said it will challenge the FTC's claim in court. “Our priority is to always ensure our customers have a positive experience,” Dana Rao, the company's general counsel, said
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SPOT
News
- Spotify (SPOT) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
- Apple Hit by Fresh EU Warning Over Alleged App Store Abuses [BNN Bloomberg (Canada)]BNN Bloomberg
- Spotify offers additional plans for US subscribers; holds niche with audiobooks [Seeking Alpha]Seeking Alpha
- Spotify Adds a New Lower-Priced Subscription Plan for U.S. Subscribers [Yahoo! Finance]Yahoo! Finance
- Spotify Adds Audiobook-Free Plan for $11 [CNET News]CNET News
SPOT
Earnings
- 4/23/24 - Beat
SPOT
Sec Filings
- 6/12/24 - Form 144
- 6/10/24 - Form 144
- 6/7/24 - Form 144
- SPOT's page on the SEC website