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The Latest Breaking News from FTC

The Biden Administration's Antitrust Changes Would Be Great for Bureaucrats—and Bad for Consumers

The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.

Reason

Experian to Pay $650K Fine for Spamming People

People seeking to freeze their credit data online were hit with unsolicited emails and no way to opt out.

Kiplinger

Appeals Court Rules in Much-Anticipated Abortion Pills Case

Plus: Court urged to stop Arkansas' social media age verification law from taking effect in September, legalizing medical marijuana linked to lower insurance premiums, and more...

Reason

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

The FTC wants to ban fake reviews and fine people who write them

The hope is that the fines alone will deter people from making fake reviews, which in the long run will benefit consumers and marketers.

Chicago Sun-Times

Senators Urge FCC to Enforce Rules Curbing Robocalls

Stopping unwanted telemarketing robocalls is already within the agency’s power, they say.

Kiplinger

Zoom’s AI privacy fiasco explained

The video conference company's latest affront to data protections epitomizes why few trust Zoom in the first place

Salon

FTC Cautions Consumers on Heels of Latest Zelle Scam

The FTC issued a warning about a scam involving fake job offers.

Kiplinger

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Microsoft's purchase of Activision Blizzard approved by yet another country

Microsoft's bid to buy Activision Blizzard is almost done, garnering approval from New Zealand.

Windows Central

FTC’s Khan Takes Aim At Amazon, Antitrust Lawsuit Looms

FTC's Lina Khan to File Antitrust Lawsuit Against Amazon, Risking Breakup.

Zenger

Microsoft slammed for negligent cybersecurity following Chinese hack

US senator requests three separate bodies to launch their own investigations into alleged potential Microsoft failings.

TechRadar

Inside Illumina’s bruising proxy battle with billionaire activist investor Carl Icahn

Illumina’s contentious acquisition of cancer test maker Grail brought billionaire Carl Icahn to the company’s doorstep.

Fortune

3 Sectors, 3 Unusually Active Put Options to Sell

The markets have been on fire the past couple of weeks. While yesterday’s interest hike took some steam out of the markets, these three stocks and their options are unusually active and worthy of consideration.

Barchart

New Study Reveals Large Firms' Role in Innovation

Megafirms create new technologies too!

Reason

She ‘ruined’ her sister-in-law’s bachelorette party to avoid ‘scammers’. Who was in the wrong?

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

The Independent UK

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Reason

Judge Blocks Biden Administration's Strict Asylum Restrictions

Plus: Digital rights groups protest "bad internet bills," the FTC might be readying another lawsuit against Amazon, and more...

Windows Central

Bing Chat might get an 'Expert mode' to refine its search experience

Microsoft is working towards refining Bing Chat's search experience with an "Expert mode," according to a new report.

WEKU

Someone could steal your medical records and bill you for their care

Consumers should know that medical identity theft can happen, whether from a large-scale breach or theft of an individual's data. The result could be thousands of dollars in medical bills.

PC Gamer

ESRB says proposed age verification scan is misunderstood: It doesn't 'confirm the identity of users' and is unrelated to videogame age ratings

The ESRB's proposed Privacy-Protective Facial Age Estimation system came to light yesterday through an FTC filing.

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news in one place.

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The Independent UK

People are defending a woman after she ‘ruined’ future sister-in-law’s bachelorette party to avoid ‘scammers’

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

PC Gamer

The ESRB wants to start using facial recognition to check people's ages

The FTC is now seeking public feedback on the ESRB's proposal.

Zenger

Twitter Escalates Legal Battle, Seeks Subpoena Of Sen. Warren

Twitter plans to subpoena Senator Warren amid legal dispute with Musk.

Fortune

Larry Summers ‘disappointed’ in FTC’s new merger guidelines. It’s not the first time he’s disagreed with the Biden admin

The former Treasury secretary has a track record of criticizing the Biden administration’s economic policies.

Windows Central

FTC is now taking a look at OpenAI's ChatGPT and it could affect Microsoft, too

The FTC has shifted gears and is now looking into OpenAI's ChatGPT. The commission has already launched an investigation to determine whether the AI-powered chatbot has broken consumer protection laws.

Reason

NYC Agrees To Pay $13 Million to Activists Arrested in 2020 Racial Justice Protests

Plus: Twitter subpoenas Elizabeth Warren's communications with the SEC, mortgage rates are starting to fall, and more...

Windows Central

US FTC pauses in-house trial for the Microsoft Activision deal

A new report indicates that the FTC will pause its trial against Microsoft's ABK acquisition.

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