Car insurance companies know more about you than you think
Your car insurance provider apparently knows much more about you than you might think — and it’s using that information to inform your rates. According to a new report from …
ftc
Facebook, Apple, More Big Tech’s Small Deals to Be Scrutinised at US FTC Meeting
The US Federal Trade Commission will hold its next open meeting on September 15 to hear staff findings on deals that Big Tech firms like Facebook and Apple make which are sometimes …
Groups Urge US Regulators to Investigate EA’s FIFA: Ultimate Team for Misleading Use of ‘Loot Box’
Consumer advocates on Thursday urged US regulators to investigate video game maker Electronic Arts Inc for the misleading use of a digital “loot box” that “aggressively” urges players to spend more …
FTC launches probe into AI investments by Microsoft, Amazon, more
The Federal Trade Commission said Thursday it had issued orders to OpenAI, Microsoft, Alphabet, Amazon and Anthropic, requiring them to provide information on recent investments and partnerships involving generative AI …
US opens antitrust probe on investments by Microsoft in OpenAI, Alphabet and Amazon in Anthropic
The FTC orders will allow the agency to scrutinise the inner workings of deals between Microsoft, Google and Amazon and AI providers to help the antitrust and consumer protection agency …
Microsoft Activision Deal: US FTC Sues to Block $69 Billion Takeover Deal Over Competition Concerns
The Biden administration on Thursday moved to block Microsoft’s $69 billion (roughly Rs. 5,66,800 crore) bid to buy Call of Duty maker Activision Blizzard, throwing a stumbling block in front …
Trump’s Iowa victory may derail Melissa Holyoak’s FTC bid
Melissa Holyoak’s already troubled bid for a seat at the Federal Trade Commission may get even more complicated following Donald Trump’s big win in Iowa, sources told On The Money. …
Cable Firms to FTC: We Shouldn’t Have to Let Users Cancel Service With a Click
Lobbyists for cable companies and advertisers yesterday expressed their displeasure with a proposed “click-to-cancel” regulation that aims to make it easier for consumers to cancel services. Federal Trade Commission chair …
Fortnite Maker Epic Games Hit With $520 Million Penalty Over Alleged Violation of Children’s Privacy
Fortnite creator Epic Games will pay $520 million (roughly Rs. 4,305 crore) to settle allegations that it illegally collected children’s personal information and tricked people into making purchases, the Federal Trade …
The Sad Truth of the FTC’s Location Data Privacy Settlement
The US Federal Trade Commission (FTC) reached a settlement last week with an American data broker known to sell location data gathered from hundreds of phone apps to the US …