1. India warns Facebook, YouTube to enforce rules to deter deepfakes. The warning was conveyed by deputy IT minister Rajeev Chandrasekhar in a closed-door meeting where he said many companies had not updated their usage terms despite 2022 rules that prohibit content “harmful” to children, obscene or that “impersonates another person.” – Read More on Reuters
2. Once scorned, knockoff luxury goods now sources of pride. While counterfeits were once considered a shameful, cheap replacement for luxury fashion and beauty items, they have now sparked a competition of sorts to see who can snatch up the best bargains. – Read More on Korea Joongang Daily
3. It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics. A recent Shopify-Gallup survey says nearly half of respondents ages 18 to 29 said they plan on buying some holiday gifts on social media apps. – Read More on CNBC
4. Biometrics May Be Online Retail’s Ticket to More Sales. Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. – Read More on PYMNTS
5. RELATED READ: Plaintiffs Drop BIPA Claims in Louis Vuitton Eyewear Try-On Case. The end of the Louis Vuitton case comes amid an influx of BIPA-centric cases, as an increasing number of brands and retailers have introduced things like virtual try-on tools that use biometric technology. – Read More on TFL
6. Black Friday Spending Was Strong. How People Pay for Gifts Is Upending Retailers. Store credit cards, which typically can only be used at a particular chain, have been a lucrative source of revenue for retailers as merchandise sales have slowed. – Read More on the WSJ