NIKE INC -CL B

10 Aug

Nike Suspends Online Sales In Turkey After Customs Tax Increase

stp2y0 CommentsRAG modelsCurrency, Employment, europe, NIKE INC -CL B, regulation, retail, shopping, Tax Rate, Taxes, Technology, turkey

Nike Inc. suspended online sales in Turkey via its website and mobile app, days after an increase in customs taxes levied by Turkey on online purchases from abroad. “We cannot guarantee our consumers that their orders will arrive smoothly and on time, so we are suspending online orders from Turkey for the time being,” the US sneaker giant said in a statement published on its official Turkish website. Source link lol

09 Aug

Advertising Group Shuts Down After Elon Musk’s X Files Lawsuit

stp2y0 CommentsRAG modelsadvertising, Elon Reeve Musk, GLOBAL ALLIANCE SARL, JULY SARL/CAEN, MCDONALD'S CORP, MEDIA MATTERS FOR AMERICA, NIKE INC -CL B, PROCTER & GAMBLE CO/THE, social media, Technology, WALT DISNEY CO/THE

The Global Alliance for Responsible Media, a prominent coalition of advertisers, dissolved on Thursday, just days after Elon Musk’s X filed a lawsuit against the organization. GARM was established in 2019 by the World Federation of Advertisers, a network of major businesses whose members include Nike Inc., McDonald’s Corp. and Procter & Gamble Co., among others. The coalition provided a set of widely-used guidelines for brand safety controls, which help advertisers prevent harmful content such as hate speech or violent content from appearing next to their advertisements on social media platforms and other places. Source link lol