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The Latest Breaking News from FTC

Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks

Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US regulators.

International Business Times

META 2025 Forecast: Does a Trump-Musk Combo Spell Trouble for Meta Stock?

Meta is the second best-performing Magnificent 7 stock in 2024 for the second consecutive year. What's the forecast for the stock as Trump returns to the White House next year, with Mark Zuckerberg rival Elon Musk as his key lieutenant?

Barchart

Feds Approve $80 Million Budget for 'Private' Horse Racing Regulator

The government should exit the multi-million-dollar business of preventing horse doping.

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Jet Blue and American Airlines Guilty in Antitrust Suit, Despite No Clear Harm to Consumers

The First Circuit's ruling is another blow to the consumer welfare standard.

Reason

FTC comes slamming down on a website as its new rules to create 'truthful and accurate reviews' take effect

This is probably a good reminder that some reviews are not what they seem.

PC Gamer

Tech firms like to make cancelling subscriptions infuriatingly hard – but regulators are starting to crack down

Imagine your favourite author has a new book coming out, and your local bookshop is offering to deliver it to you for free on publication day. All you have to do in return is sign up to their new “reading club”.

The Conversation

Lina Khan's Future At FTC In Jeopardy Under Trump

Lina Khan, head of the FTC, faces potential replacement under Trump's return, signaling a shift in regulatory priorities.

Top News

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How will a second Trump presidency affect the tech industry?

With a second Trump presidency, we should expect some things to change while others stay the same.

Android Central

Trump administration faces antitrust enforcement dilemma - Roll Call

Donald Trump will inherit a Biden administration legacy of aggressive antitrust enforcement through two U.S. agencies.

Roll Call

Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president

Goldman Sachs expects a 20% increase in M&A activity next year.

Fortune

"Predatory": Are grocers overcharging?

Sen. Elizabeth Warren and Rep. Adam Schiff are concerned supermarkets are overcharging customers

Salon

Good Riddance, Lina Khan

Under Khan's leadership, the Federal Trade Commission has been bad for business and bad for consumers.

Reason

What to do after a data breach?

Eight actionable steps to take after learning you got hacked.

TechRadar

GTA 6's corporate overlord reveals that he's looking forward to 'a more sensible FTC' under the Trump administration because sometimes 'deregulation can be a positive'

"I do believe that the FTC was misguided during President Biden's term."

PC Gamer

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Fortune

How Elon Musk’s $130 million investment in Trump's victory could reap a huge payoff for Tesla and the rest of his business empire

The world's richest person could get a lot of help with contracts and regulatory headaches during the Trump administration.

Fortune

Trump 2.0 will have a massive impact on AI, chips and other crucial tech issues

Predicting Trump remains difficult as ever, but there are clues to what the President-elect might do.

Latin Times

Elon Musk's Lawyer Said Winners of The $1 Million Giveaway Are Not Chosen Randomly; Legal Experts Say That's Illegal

Musk's contest, intended to support Trump, draws allegations of fraud as winners are reportedly chosen based on political effectiveness rather than randomly.

Reason

A Bad Election for Sex and for Tech

No matter who wins, we can expect bad policies surrounding sex and especially surrounding technology.

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news in one place.

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Reason

Presidential Punctuation

Plus: Kamala Harris' closing argument, the FTC's harassment of Musk-owned Twitter, and more

International Business Times

Fake Job Scams Are On The Rise: Here's What You Need To Know

Experts give tips on how to not fall victim to fake job scams.

International Business Times UK

Man's Lookalike Brother Fools SoFi's Online ID Verification For $52K Loan He Lost To Crypto Scam

A man's lookalike brother exploited SoFi's ID verification system to fraudulently secure a $52K loan in his name, only to lose the entire amount in a cryptocurrency scam.

Fortune

Trustpilot CEO: Here’s why we support the FTC’s crackdown on fake consumer reviews

In 2023 alone, Trustpilot eliminated over 3.3 million fraudulent reviews.

International Business Times

Lyft Agrees To Pay $2.1 Million To Settle Allegations It Duped Drivers By Exaggerating Earnings

'It is illegal to lure workers with misleading claims about how much they will earn on the job,' said Federal Trade Commission Chair Lina Khan

Kiplinger

Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know

Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.

International Business Times

US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent

A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.

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