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TIL Federal Trade Commission data shows that consumers reported losing more than $5.8 billion to fraud in 2021, an increase of more than 70 percent over 2020.

by whatilearned September 10, 2022, 7:45 pm

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TIL In 1924, CEOs of the leading light bulb companies held a secret meeting to stop improving their lightbulbs. This was because if they kept on making their lightbulbs last longer, then eventually consumers wouldn’t have to buy any more lightbulbs.

by whatilearned July 19, 2022, 4:33 pm

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TIL David Lunt revolutionized amateur astronomy by introducing the first hydrogen-alpha solar telescopes for consumers in the late 1990s. Through his telescopes, the ruby-red Sun looks alive, with prominences jutting from the limb, and bright flares erupting around sunspots

by whatilearned July 12, 2022, 11:52 pm

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TIL Apple simply chose to pay a $5.5 million fine every week for months in the Netherlands instead of obey orders from the Authority for Consumers and Markets (ACM) to allow third-party payment systems in Dutch dating apps.

by whatilearned July 7, 2022, 12:45 pm

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TIL Consumers lose $3 billion a year in unspent gift cards, with starbucks itself having $140 million in unused gift cards.

by whatilearned June 30, 2022, 11:50 pm

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TIL It is ILLEGAL for companies and businesses from prohibiting consumers from giving them or their products a negative review under any circumstance.

by whatilearned June 4, 2022, 11:46 pm

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TIL about shrinkflation, the practice of stealthily reducing a product’s size while maintaining its price so that consumers may unknowingly pay the same for less.

by whatilearned April 5, 2022, 9:07 pm

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TIL that Grub Worms are the larvae of June Bugs. Bonus fact: consumers spend an estimated $100 million dollars a year in an effort to control them.

by whatilearned April 4, 2022, 12:34 am

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TIL “clinically proven” just means consumers who tried the product reported it does what it claims to do.

by whatilearned March 21, 2022, 6:29 pm

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How did the generation that grew up pirating all forms of media turn into the biggest consumers of subscription based services?

by QuestionGuy January 28, 2022, 1:02 am

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TIL a study showed receipts expose retail workers, consumers to ‘worrying’ levels of cancer-linked chemicals

by whatilearned January 9, 2022, 11:42 pm

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TIL: Black Friday isn’t the busiest shopping day, it’s Super Saturday in December. CNN reported $34.4 billion spent by consumers and the National Retail Federation reported 147 Million customers in 2019.

by whatilearned November 30, 2021, 2:54 am

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