Enlarge (credit: Getty Images | Steven Puetzer) The Federal Trade Commission today said it “has moved to stop Internet service provider Frontier Communications from lying to consumers and charging them for high-speed Internet speeds it fails to deliver.” Frontier was sued by the FTC in May 2021, and on Thursday, it agreed to a settlement […]
Enlarge (credit: Aurich Lawson) Four U.S. Senators have sent a letter to Federal Trade Commission Chairwoman Lina Khan expressing concern about Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard, according to a Wall Street Journal report. In the letter, Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Cory Booker (D-NJ), and Sheldon Whitehouse (D-RI) express worry […]
Enlarge / TurboTax products sit on display at Costco on January 28, 2016, in Foster City, California. (credit: Getty Images | Kimberly White ) The Federal Trade Commission sued Intuit on Monday, alleging that it deceptively advertises “free” tax filing with TurboTax. Intuit’s deceptive tactics pushed customers toward paid products—even in cases where they were […]
Enlarge (credit: B4B earth tea llc) The Department of Justice, the Food and Drug Administration, and the Federal Trade Commission together filed a civil lawsuit against a New York man for falsely and repeatedly claiming that a $60 16-ounce bottle of herbal tea can prevent and cure COVID-19. The agencies accused Andrew Martin Sinclair, who […]
The FTC has Microsoft’s largest acquisition ever under the microscope and can either make or break the company’s future in gaming. Read More
Enlarge / A worker picks up trash in front of the new logo in front of Meta’s headquarters on October 28, 2021, in Menlo Park, Calif. (credit: Justin Sullivan/Getty Images) The Federal Trade Commission’s antitrust suit against Facebook may proceed, a federal judge has ruled. The company had filed a motion to dismiss the case, […]
Enlarge (credit: Getty Images) Criminals are actively exploiting the high-severity Log4Shell vulnerability on servers running VMware Horizon in an attempt to install malware that allows them to gain full control of affected systems, the UK’s publicly funded healthcare system is warning. CVE-2021-44228 is one associated with the most severe vulnerabilities to come to light in […]
Enlarge / Martin Shkreli, former CEO of Turing, smirked his way through a Congressional hearing. (credit: CSPAN) A pharmaceutical company once owned by Martin Shkreli will pay up to $40 million in a settlement that will also finally end his infamous price-gouging scheme involving the antiparasitic drug Daraprim. The Federal Trade Commission and its state […]
The new Federal Trade Commission chair picks a safe case for the start of her anti-merger efforts. Read More
Enlarge (credit: Arm) The Federal Trade Commission has sued to block Nvidia’s acquisition of Arm, the semiconductor design firm, saying that the blockbuster deal would unfairly stifle competition. “The FTC is suing to block the largest semiconductor chip merger in history to prevent a chip conglomerate from stifling the innovation pipeline for next-generation technologies, ” […]