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Submission + - Amazon Is Slashing Whole Foods' Prices By 20 Percent On Hundreds of Items (wsj.com)

An anonymous reader writes: Amazon is planning to cut prices on hundreds of items at Whole Foods stores this week, as the e-commerce giant seeks to change the chain’s high-cost image amid intense competition among grocers. The price cuts affect more than 500 products and include a focus on produce and meat, according to documents viewed by The Wall Street Journal. The move comes after Whole Foods raised prices on select items in February, mostly consumer products, as suppliers increased their prices because of higher transport and ingredient costs.

The latest cuts—which are set to drop at Whole Foods stores on Wednesday—are some of the broadest since Amazon bought the grocer for nearly $14 billion in 2017. Prices will be reduced by an average of 20 percent on the selected items. The e-commerce giant has tried to extend its own reputation for low prices and convenience to Whole Foods, to counter a sense among some consumers that shopping there required a “Whole Paycheck.” The discounts include more produce and meat products than the earlier cuts. The price of organic-rainbow carrots, for instance, will drop by $1, to $1.99, and the price of Black Forest ham will drop $3 a pound to $9.99. The companies also said Monday that Amazon Prime members would be able to save more than before at Whole Foods, with double the number of weekly Prime Member deals and deeper discounts.

Submission + - 1,600 Korean Hotel Guests Were Secretly Filmed And Live-Streamed On The Internet (cnn.com)

dryriver writes: CNN reports: "About 1,600 people have been secretly filmed in hotel rooms in South Korea, with the footage live-streamed online for paying customers to watch, police said Wednesday. Two men have been arrested and another pair investigated in connection with the scandal, which involved 42 rooms in 30 accommodations in 10 cities around the country. Police said there was no indication the businesses were complicit in the scheme. Cameras were hidden inside digital TV boxes, wall sockets and hairdryer holders and the footage was streamed online, the Cyber Investigation Department at the National Police Agency said in a statement. The streaming site had more than 4,000 members, 97 of whom paid a $44.95 monthly fee to access extra features, such as the ability to replay certain live streams."

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