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The Latest Breaking News from FTC

The Federal Trade Commission vs. the Internet

Data collection is not the same as surveillance.

Reason

FTC expands Amazon investigation to include healthcare and robotics buyouts

Amazon's acquisitions of One Medical and iRobot have the FTC more invested than ever in the case.

Input

Credit Karma will pay $3 million to users targeted with false preapproved offers

The FTC order came after nearly a third of Credit Karma users who were told they qualified for preapproved credit card offers were actually turned down, wasting their time and hurting credit scores.

WEKU

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

The Elder Scrolls 6: all the key details about Bethesda's return to Tamriel

The Elder Scrolls 6 is still very far away, but we've collected all the news and rumors while we wait.

PC Gamer

FTC investigating Amazon's $3.9B purchase of One Medical

The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal

The Independent UK

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Benzinga

Microsoft's Activision Blizzard Deal Gets Global Scrutiny

Microsoft’s plan to buy video game giant Activision Blizzard for $68.7 billion could have major effects on the gaming industry, transforming the Xbox maker into something like a Netflix for video games by giving it control of many more popular titles. But to get to the next level, Microsoft must…

Asharq Al-Awsat

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Microsoft's Activision Blizzard deal gets global scrutiny

The Independent UK

FTC sues data broker for selling sensitive location data

Idaho-based Kochava has allegedly sold location data traceable to reproductive health clinics and domestic violence shelters.

Input

Horseracing panel's nationwide power questioned in court

The future of a new authority tasked with developing and enforcing nationwide horseracing rules is at stake in cases argued before a federal appeals court in New Orleans

The Independent UK

This company is allegedly selling data that could be used to punish abortion seekers

Kochava is being sued by the FTC because of it.

Mic

FTC lawsuit spotlights a major privacy risk: From call records to sensors, your phone reveals more about you than you think

The Federal Trade Commission filed suit against Kochava Inc. on Aug. 29, 2022, accusing the data broker of selling geolocation data from hundreds of millions of mobile devices. Consumers are often unaware that their location data is being sold and that their past movements can be tracked, according to the…

The Conversation

FTC accuses data broker of selling sensitive location data

Federal regulators have sued a data broker they accuse of selling sensitive geolocation data from millions of mobile devices

The Independent UK

Data company sued by US government amid fears of sensitive location tracking

The lawsuit against data broker Kochava seeks to halt the sale of geolocation data from hundreds of millions of devices

The Guardian - US

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The Independent UK

Walmart seeks to dismiss lawsuit by FTC over money transfers

Walmart has filed a motion to dismiss a lawsuit by the Federal Trade Commission that accuses the retailer of allowing its money-transfer services to be used by scam artists

The Independent UK

Federal government sues firm that sold location data tracking visits to abortion clinics

Lawsuit alleges company’s mobile device data can pinpoint visits to abortion providers, then trace that device to user’s home and workplace

Inverse

Do detox foot pads work? An immunologist explains a huge flaw with the wellness trend

Detox products mislead the public about how the human body works.

The Guardian - UK

Facebook-Cambridge Analytica data breach lawsuit ends in 11th hour settlement

Dramatic move shows Mark Zuckerberg ‘desperate to avoid being questioned over cover-up’, says Observer journalist

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The Guardian - UK

Twitter’s whistleblower has pitched up at a very inconvenient moment

A long and detailed complaint about lax practices by the social media firm’s former security chief must be music to Elon Musk’s ears

The Independent UK

Congress wants to hear what Twitter whistleblower has to say

U.S. lawmakers are anxious to hear from Twitter’s former security chief, who has alarmed Washington with allegations that the influential social network misled regulators about its cyber defenses and efforts to control fake accounts

Benzinga

Taking Care Of Cannabis Consumers, Federal Trade Commission Issues Refunds To CBD Buyers, Here's Why

Recently, the Federal Trade Commission (FTC) announced that it will send payments to 576 consumers across the country who purchased 'deceptively marketed' cannabidiol (CBD) products from Arizona-based Kushly Industries LLC.

StockNews.com

Opendoor Falls Below $5 – Time to Pick up This iBuying Stock?

iBuyer Opendoor (OPEN) recently announced a multi-year agreement with Zillow (Z). However, the stock has lost more than 10% over the past month, closing the last trading session below $5. So, is the penny stock worth buying now? Read on to find out….

Benzinga

Benzinga Before The Bell: Top Amazon Seller Succumbs To Economic Meltdown, Twitter To Tackle Toxic Content, Spam Bots, Bed Bath & Beyond Secures Loan Deal As It Tries To Stay Afloat And Other Top Financial Stories Wednesday, August 24

CNBC Top Amazon Seller Succumbs To Economic Meltdown

Tribune News Service

Meta learned via a tweet of FTC’s surprise suit to block vr deal

Meta Platforms Inc. learned that the US Federal Trade Commission was suing the company over one of its smaller acquisitions via a Twitter post.

Tribune News Service

Twitter faces legal, political peril in whistle-blower case

A whistle-blower complaint from Twitter Inc.’s former head of security, claiming severe shortcomings in the social media company’s handling of users’ personal data, will have wide ramifications for the business.

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