transactions

AppWizard
June 12, 2026
The Netherlands' Consumer Competition Claims Foundation (CCCF) has launched a campaign against Valve, the parent company of Steam, alleging unfair commercial practices related to Valve's 30% commission on game sales, which they claim inflates prices across all PC storefronts. The CCCF argues that this commission structure pressures publishers and developers to raise prices, affecting competitive pricing on other platforms like the Epic Games Store and Microsoft Store. They also allege that Valve prohibits publishers from offering lower prices on competing platforms and has engaged in "geo-blocking" to restrict the activation of Steam keys purchased in Eastern Europe for use in Western Europe. Valve president Gabe Newell denies these allegations, asserting that there is no policy preventing lower pricing on other platforms. The CCCF claims that Dutch gamers may have overpaid by more than 220 million euros due to these practices. Legal challenges against Valve are mounting, including a class-action lawsuit concerning loot boxes and an antitrust suit from Wolfire Games.
Tech Optimizer
June 11, 2026
EnterpriseDB (EDB) has reported a significant increase in global adoption of its EDB Postgres® AI (EDB PG AI) platform, indicating a trend among enterprises to standardize operations on a robust platform for managing mission-critical workloads. Research by MIT Technology Review Insights, in collaboration with EDB, shows that AI and data sovereignty are critical predictors of success in AI initiatives, with organizations prioritizing control over their data achieving a fivefold return on investment. The Industrial Bank of Korea (IBK) transitioned 15 core systems to EDB PG AI for greater operational flexibility and cost efficiency, reducing licensing costs compared to Oracle. Shinhan EZ Insurance migrated its entire core system to the public cloud to ensure uninterrupted service. Other enterprises leveraging EDB PG AI include MNTN, Euronext FX, and Kyobo Book Centre, which have benefited from enhanced stability, reduced vendor risk, and improved compliance. EDB is recognized as a leader in the field and will host a global digital event titled "The Era of Agentic AI Data" on June 25. EDB Postgres® AI is positioned as an open, enterprise-grade sovereign data and AI platform, supporting secure, compliant, and scalable solutions across various environments.
AppWizard
June 11, 2026
Valve will discontinue the sale of physical Steam gift cards by the end of 2026, with retail stores expected to deplete existing inventory by the end of this year. Current holders of Steam gift cards can still redeem them at any time, following local laws. Users can still purchase and send digital gift cards through the Steam platform. Additionally, Valve is implementing a reservation-based system for its Steam Controller to prevent scalping, restricting reservations to eligible Steam accounts with a solid purchase history.
AppWizard
June 10, 2026
In 2025, streamer Strauss won a fraud claim against former NFL player Kenny Vaccaro, who was found liable for approximately ,000 plus interest. However, collecting this amount proved difficult, and Strauss reported spending an additional ,000 in legal fees without any return. Vaccaro's legal team contested the summary judgment due to a procedural error. In June, streamer Jake Lucky retweeted Strauss's plea for help, leading Mitch Jones to provide 0,000 to cover Strauss's initial loan and legal fees. Strauss clarified that the funds would reimburse him and that he was still seeking a contingency lawyer to pursue the case, with any future recovery intended to be returned to Jones.
AppWizard
June 8, 2026
- There has been a significant rise in e-commerce sales, with consumers increasingly preferring online shopping over traditional retail. - Sustainability and ethical sourcing are becoming key factors in consumers' purchasing decisions, leading businesses to reevaluate their supply chains. - Companies adopting advanced technologies like AI and machine learning are experiencing improved efficiency and customer engagement. - Organizations that adapt quickly to changing market conditions are more likely to succeed, reflected in increased investment in research and development.
Tech Optimizer
June 6, 2026
Microsoft announced the public preview of Azure HorizonDB, a fully managed PostgreSQL-compatible database designed for agentic AI workloads, during Microsoft Build 2026 in San Francisco. HorizonDB features a "database-as-logs" architecture, allowing for sub-millisecond multi-zone commit latency and independent scaling of compute and storage. It incorporates a Rust-based storage engine, native DiskANN vector search, and in-database AI model invocation. Additionally, Microsoft launched Web IQ, a web-grounding API layer integrated into Microsoft Copilot and OpenAI's ChatGPT, which provides passage-level structured evidence objects rather than full documents. Web IQ is model-agnostic and aims to enhance information density and reduce costs. Both services are currently in limited availability, with HorizonDB open for preview signups across five Azure regions.
AppWizard
June 5, 2026
Google is expanding digital ID support to select European Union member states this summer, following successful launches in Brazil, India, Singapore, and Taiwan. The company is introducing age verification features that require minimal information sharing, allowing users to confirm their age without disclosing sensitive personal details. This is done in collaboration with European banking partner Sparkasse. Additionally, Google Pay Direct Checkout will enable consumers to use payment methods saved in Google Wallet directly on merchant checkout pages, streamlining the process. Security enhancements have been made to authentication systems to ensure fast online checkouts while protecting payment credentials and personal information.
AppWizard
June 4, 2026
Valve's Steam is facing multiple legal challenges, including a class-action antitrust lawsuit regarding its microtransaction strategies and a 30% commission on transactions. Gabe Newell, Valve's co-founder, is defending the platform against claims of monopolistic behavior, asserting that gamers have "enormous choice" in where to purchase games. Allegations suggest Valve has threatened developers who price their games lower outside of Steam, including a warning to Ubisoft about removing Rainbow Six Siege from the platform. Newell denies these allegations, stating that Valve does not dictate prices to third-party developers on other platforms. The outcomes of the lawsuits could significantly impact how games are marketed and sold.
Tech Optimizer
June 4, 2026
EDB has released version 6.4 of its Postgres Distributed (PGD) solution, which includes enhancements such as quorum commit, native connection pooling, and support for PostgreSQL large objects. The quorum commit feature ensures a unified transaction outcome across cluster nodes before finalizing a transaction, addressing potential risks from conflicting writes in distributed systems. This update targets organizations in sectors like banking, payments, telecommunications, and infrastructure, aiming to provide the same consistency guarantees previously reliant on proprietary databases. The Connection Manager now includes native connection pooling, reducing the need for external connection poolers and streamlining operations by integrating with PGD's Raft consensus layer. This integration allows for automatic route adjustments during failover and improved monitoring capabilities. Additionally, the update expands replication support to include PostgreSQL large objects, enhancing the applicability of distributed Postgres for managing mixed data sets in sectors like government, healthcare, and financial services. EDB also noted a Gartner forecast that by 2030, over 75% of enterprises in Europe and the Middle East will have repatriated workloads to their home jurisdictions, emphasizing the importance of consistent data management across locations. EDB aims to strengthen Postgres's position in the market by focusing on transaction integrity in distributed environments while minimizing reliance on additional infrastructure components.
Search