In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company’s Instagram acquisition may cannibalize Facebook. Were that to happen, it could lead to the “network collapse of the more engaging and profitable product,” a worried Zuckerberg told other Meta executives in a […]
The Federal Trade Commission filed a lawsuit Monday against Uber, alleging the ride-hail and delivery giant charged customers for its Uber One subscription service without their consent. The lawsuit also claims Uber failed to deliver the savings promised in its subscription service and made it unreasonably difficult for users to cancel despite its “cancel anytime”
Feds accuse Uber of charging customers for subscriptions without consent Read More »
In Meta’s antitrust trial on Wednesday, Meta CEO Mark Zuckerberg testified that TikTok’s success was a risk to Meta’s business, saying the short-form video app was a “top priority” and a “highly urgent” competitive threat when it arrived in 2018, according to Bloomberg and other outlets. The reports come from a packed first week of
Mark Zuckerberg says TikTok slowed Meta’s growth Read More »
President Trump fired the two Democratic members of the Federal Trade Commission (FTC) on Tuesday, setting up a challenge to a 1935 Supreme Court precedent prohibiting the firing of FTC commissioners for reasons other than “good cause.” The White House terminated commissioners Rebecca Kelly Slaughter and Alvaro Bedoya earlier Tuesday, The New York Times reported.
Trump fires FTC commissioners, setting up a legal battle Read More »
The FTC has removed over 300 blog posts published during the agency’s leadership under former chair Lina Khan, Wired reports. These include posts that are critical of companies like Amazon and Microsoft for their handling of customer data. The FTC did not respond to a request for comment. As FTC chair during the Biden years,
FTC removes posts critical of big tech from its website Read More »
You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same
The Federal Trade Commission announced on Thursday that it will launch a public inquiry into “censorship by tech platforms,” soliciting comments from people who feel they have been demonetized, banned, or otherwise censored due to their speech or affiliations. “Tech firms should not be bullying their users,” said FTC Chairman Andrew Ferguson in a statement.
Trump’s FTC is looking into censorship on tech platforms Read More »
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns Read More »
The U.S. Federal Trade Commission (FTC) has fined accessiBe, a startup that claims to make websites more compatible with the screen readers blind people rely on to access the internet, for false advertising and compensating reviewers without disclosing that it sponsored the reviews. In a proposed order, the FTC would require accessiBe to pay $1 million
FTC orders AI accessibility startup accessiBe to pay $1M for misleading advertising Read More »
The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to
UK antitrust watchdog launches review of IBM’s HashiCorp takeover Read More »
