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Tag: Pricing Backlash

Uber surge rates: Melbourne train shutdown prompts call for cap on Uber fares after passengers charged three times normal rate | Herald Sun

Uber surge rates: Melbourne train shutdown prompts call for cap on Uber fares after passengers charged three times normal rate | Herald Sun

According to Uber, its surge rates are an important way of ensuring that passengers can get a ride in a reasonable time frame in periods of high demand, with more drivers encouraged to get on the road. Passengers are provided with the surge rate and an estimated cost of the fare before agreeing to the […]

NY Regulators Call on Insurers to Reveal Data Sources | InsuranceNewsNet

NY Regulators Call on Insurers to Reveal Data Sources | InsuranceNewsNet

As accessibility to data grows and data volumes multiply, insurance companies want to harness that data to be able to issue policies faster and at prices that reflect the risk companies bear when issuing a life policy. Simplified underwriting, which avoids invasive blood and urine samples, allow insurers to issue life insurance policies in a […]

IBM dangles carrot of full encryption to lure buyers to new z14 mainframe | TechCrunch

IBM dangles carrot of full encryption to lure buyers to new z14 mainframe | TechCrunch

Peter Rutten, an analyst with IDC says all-encompassing encryption is clearly the key to this release. “It’s like a security blanket across the entire system — database, applications, data at rest, data in flight, APIs, etc. — that can just be turned on, rather than manually picking and choosing what to encrypt, which typically has […]

A dynamic upswing in airfare is a deal-breaker | The Washington Post

A dynamic upswing in airfare is a deal-breaker | The Washington Post

Christopher Elliott’s July 9 Navigator column, “Airlines’ ‘dynamic pricing’ is full of ups and downs” [Travel], rang true. That week, my wife bought four tickets. At checkout, the total included an unexpected $100 price increase because of dynamic pricing. As predicted by the behavior analysis described in the column, my wife, tired of the whole […]

Film industry executives deplore ‘race to the bottom’ on ticket pricing | IF Magazine

Film industry executives deplore ‘race to the bottom’ on ticket pricing | IF Magazine

While discounting has been happening for years, particularly in cinemas in rural and regional areas, one veteran industry executive told IF: “It’s the worst it has been for a very long time.” Distributors, who have no say in prices set by exhibitors, have privately voiced concern about the level of discounting, which eats into their […]

Uber surge pricing to be capped by Victorian Government after Metro chaos | Australian Broadcasting Corporation

Uber surge pricing to be capped by Victorian Government after Metro chaos | Australian Broadcasting Corporation

Uber users were left angry last Thursday when fares were much higher than usual, during Melbourne’s train network shut down during the evening rush hour. The ridesharing company uses “dynamic pricing”, which means that when demand is higher fares increase. Users are given a quoted price before they accept a fare. In one case $50 […]

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

It’s legit. The discounts on your restaurant bill are not a bait, and are definitely a permanent feature. Here’s the utterly interesting technique through which the Bangkok-headquartered platform pulls this off. When I heard Eatigo’s claims that one will never have to pay full price for meals at restaurants again, no strings attached, the quintessential Indian consumer in […]

Did Automated Broker Software Drive Down the Price on Jay-Z Tickets? | Amplify

Did Automated Broker Software Drive Down the Price on Jay-Z Tickets? | Amplify

Want to see Jay-Z on his 4:44 tour? It shouldn’t be difficult —  presale tickets have been trading below face value all week on sites like StubHub with the price expected to drop further as the tour begins. It’s not just Jay-Z that’s seeing low resale prices. Tickets for top-tiered acts like Katy Perry, Metallica […]

Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ) Spikes on Zontivity Launch | Stock News Union

Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ) Spikes on Zontivity Launch | Stock News Union

From Arlez Pharmaceuticals press release: “We are encouraged by the early data following the launch of Zontivity® and we will continue to monitor prescribing data closely over the next few quarters to determine whether this trend continues,” Aralez Pharmaceutical’s in a statement. Sales Force Reductions Aralez has carried out a 32% U.S sales force reduction […]

Amazon is getting too big and the government is talking about it | MarketWatch

Amazon is getting too big and the government is talking about it | MarketWatch

Fresh off its biggest Prime Day yet, the Whole Foods Market Inc. bid, and a slew of announcements including Amazon Wardrobe, Amazon.com Inc. was the subject of two investor calls Thursday that raised concerns that it is getting too big. In one case, hedge-fund manager Douglas Kass said government intervention could be imminent. “I am […]