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The Latest Breaking News from FTC

US Antitrust Regulators Probe ExxonMobil's Pioneer Deal

US antitrust officials are seeking additional information related to ExxonMobil's megadeal to acquire Pioneer Natural Resources for about $60 billion, according to a securities filing Tuesday.

International Business Times

Making the rubble bounce in Montana

Episode 484 of the Cyberlaw Podcast

Reason

Scammers Are Pretending to Be From Your Utility Company. Here's How To Shut Them Down

With scams in the utility sector on the rise during cold winter months, companies are spreading the word for customers to be on the lookout for fraudsters.

Kiplinger

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Microsoft Gaming CEO Phil Spencer says the ability to buy games and play through Xbox Cloud Gaming is still on the way

In an interview with Windows Central, Microsoft Gaming CEO Phil Spencer noted that the ability to play games you own through Xbox Cloud Gaming is still on the way.

Windows Central

Meta Sues US Regulator To Stop Privacy Settlement Change

Meta filed a lawsuit late Wednesday arguing that US regulators planning to change the terms of a 2020 privacy settlement are overstepping their authority and should be stopped.

International Business Times

Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case

The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18

The Independent UK

A father nearly fell for an AI phone scam. He’s now speaking out to help others

Philadelphia attorney Gary Schildhorn received a call from who he believed was his son, saying that he needed money to post bail following a car crash. Mr Schildhorn later found out he nearly fell victim to scammers using AI to clone his son’s voice, reports Andrea Blanco

The Independent UK

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How to get your money back after you’ve fallen for a gift card scam

Everything you need to know about gift card scams

The Independent UK

Advocates resume work after three-day protest demanding basic amenities at court complex in Tiruvannamalai

Advocates in Tiruvannamalai resumed work after protesting lack of basic amenities in the court complex. The complex has 15 courts, incl. a special court for Pocso cases, but lacks air-conditioning, internet connectivity and lifts. Litigants, esp. elderly and women, find it difficult to access the court halls. PWD plans to…

The Hindu

Elizabeth Warren Wants the Government To Investigate America's 'Sandwich Shop Monopoly'

The owner of Jimmy John's and Arby's has bought Subway, and a Massachusetts senator has concerns.

Reason

58 Hostages Freed

Plus: China's "leftover women," Kamala's gas stove, and more...

Reason

Liz Weston: Companies’ deceptive ‘dark patterns’ online cost you money — here’s how to fight back

Companies make it easy to subscribe to their services — and frustratingly hard to unsubscribe

The Independent UK

FTC Fights Grocery Store Merger That May Bring Down Prices

Who needs better prices, products, and customer service?

Reason

Visa Issues Scam Alert, Just In Time For The Holidays

Scammers prepare all year for the holiday season so they can take advantage of increased activity and people who let their guard down while shopping, Visa said.

Kiplinger

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Homes & Gardens

Can you trust Made in USA labels? A warning for Black Friday

Black Friday means lots of cheap products hitting the market at even cheaper prices. But with thousands of products on sale, not everything is as it seems

Broadcasting & Cable

The Golden Globes Spin on Amid 'Confusing Ownership Do-Si-Do'

Our latest ‘Next Text’ explores Hollywood’s confounding FYC monopoly … and the end of ‘The Awards Industrial Complex’

TechRadar

Prison phone company blamed for data breach affecting thousands of users

Global Tel*Link settled case with the FTC, promising changes and safeguards for its customers.

Fortune

Lina Khan speaks out about FTC’s private equity lawsuit: ‘We’re putting the market on notice’

Khan says a recent Federal Trade Commission lawsuit is meant to chill the consolidation of medical groups that results in higher prices for consumers. But it may be too late to curb price hikes.

Get all your
news in one place.

100’s of premium titles.
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The Independent UK

FTC warns food industry trade groups and influencers about disclosures on paid social media posts

The Federal Trade Commission says it issued warnings to two food and beverage industry groups, as well as to a dozen online influencers and dieticians for failing to adequately disclose paid social media posts that promoted a sweetener and sugary products

Reason

The Brussels Defect: Too early turns out to be worse than too late.

Plus Mark MacCarthy's book on "Regulating Digital Industries" in Episode 481 of the Cyberlaw Podcast

Reason

Cybertoonz explains the FTC's latest filing on copyright and AI

As covered in upcoming Cyberlaw Podcast episode 481

Kiplinger

Scams: Senior Investors Targeted As Crypto Payment Use Grows

Crypto investment scams are climbing, costing senior victims about $35,000 each last year, the FBI reports.

The Independent UK

How to talk to older people in your life about scams

Last year, consumers lost $8.8 billion to scammers, and the Federal Trade Commission says older adults lost the most money compared to other age groups

Kiplinger

Users of Fintech App Brigit to Get $18M in Refunds

The fintech app falsely promised cash-strapped users instant cash advances and locked them into monthly memberships that they couldn't cancel, the FTC charges.

Roll Call

Dueling interests ask if Biden goes too far on AI or falls short - Roll Call

President Joe Biden’s executive order on artificial intelligence could empower agencies to overstep their bounds or lack the teeth to be effective.

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