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The Latest Breaking News from FTC

Amazon to pay $2.5 billion, one of the largest FTC settlements in history, to mitigate claims it tricked millions of people into signing up for Prime

The FTC said Amazon used “dark patterns” to trick consumers into auto-renewals, then created a complex cancellation process internally dubbed “Iliad” after the Trojan War.

Fortune

Get up to $51 from Amazon by joining the $2.5 billion settlement. Here’s how

FTC called settlement affecting Prime users ‘historic’

The Independent UK

Amazon to pay $2.5bn to settle FTC lawsuit over Prime ‘subscription traps’

US regulator said company enrolled millions of customers into service without consent and made it difficult to cancel

The Guardian - US

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Amazon to pay $2.5 billion to settle FTC allegations it duped customers into enrolling in Prime

Amazon reached a historic $2.5 billion settlement with the Federal Trade Commission which said the online giant tricked customers into signing up for its Prime memberships, and made it difficult to cancel after they did so

The Independent UK

How to Cancel Amazon Prime (Even If It Looks Like You Can't)

Tired of Amazon Prime? Canceling it might not be as straightforward as you think. Here's what you need to know.

Kiplinger

SCOTUS Is Now Poised To Overrule Humphrey's Executor, a 1935 Precedent Limiting Presidential Power

The Supreme Court will soon review the president’s authority to fire “independent” agency heads.

Reason

FTC is suing Amazon for making Prime Subscriptions tough to cancel — here's that could mean for you

A lawsuit against Amazon by the FTC moves forward with claims that Amazon tricks people into Prime subscriptions.

Tom’s Guide

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This Stock Made Taylor Swift Fans Its Enemies. Now the FTC Is Taking Aim.

From Swiftie outrage to a regulatory crackdown, Live Nation now finds itself center stage for all the wrong reasons.

Barchart

Amazon's FTC Trial Over Alleged 'Dark Patterns' Of Prime Subscription Cancellation Practices Kicks Off

The Federal Trade Commission (FTC) has initiated its legal battle against Amazon.com Inc. (NASDAQ:AMZN) over the company’s Prime subscription cancellation practices.

Benzinga

A jury will look at whether Amazon tricked customers into joining Prime -- and made it hard to leave

A federal trial beginning in Amazon’s hometown this week is set to examine whether the online retailing giant tricked customers into signing up for its Prime service and made it difficult to cancel after they did so

The Independent UK

Amazon's famed 'Customer Obsession' credo is on trial in a federal courtroom this week

On Monday, a federal judge will begin hearing the FTC's case alleging Amazon tricked people into signing up for Prime and made it too hard to cancel.

Fortune

Amazon Faces US Trial Over Alleged Prime Subscription Tricks

Amazon goes to trial on Monday in a US government lawsuit that accuses the e-commerce giant of using tricks to enroll millions of customers in its Prime subscription service and then making it nearly impossible to cancel.

International Business Times

“Live entertainment should be accessible to all of us. It should not cost an arm and a leg to attend your favourite musician’s show”: US trade body sues Ticketmaster, alleging underhand tactics to inflate secondary market prices

US consumers could have been swindled out of billions

MusicRadar

Fans Paid Billions More — Now Ticketmaster Faces A Monumental FTC Lawsuit

The Federal Trade Commission (FTC), joined by seven states, on Thursday filed suit against Live Nation Entertainment, Inc. (NYSE:LYV) and its subsidiary Ticketmaster, accusing the companies of facilitating illegal ticket brokering and deceiving consumers with hidden fees and resale practices.

Benzinga

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The Independent UK

FTC sues Ticketmaster, saying it forces fans to pay more for concerts and events

The Federal Trade Commission and a bipartisan group of state attorneys general sued Ticketmaster and its parent company Thursday, saying they are forcing consumers to pay more to see live events through a variety of illegal tactics

The Independent UK

Feds sue Ticketmaster and Live Nation, claiming groups ‘worked with’ scalpers to increase profits

The Federal Trade Commission claims in a lawsuit that Ticketmaster and Live Nation knowingly enabled scalpers to illegally buy tickets, effectively collaborating with them to boost profits

TechRadar

ID, please – inside the age verification "mess" splintering the US internet

After the UK, age verification laws are changing the internet in the US. Here's all you need to know.

Benzinga

Utah Governor Calls Social Media 'Cancer' Amid Charlie Kirk's Death, Slams Tech Companies As 'Conflict Entrepreneurs'

Utah Governor Spencer Cox criticized technology companies for fostering division and addiction among Americans. Cox’s comments come in the wake of the tragic death of right-wing activist Charlie Kirk.

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news in one place.

100's of premium titles.
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Benzinga

Palantir Co-Founder Rips Intel Deal, Apple Watch Wins FDA Nod, iPhone Air Stalls In China — This Week In Tech

The past week has been a whirlwind of tech news, with major players like Palantir Technologies, Intel Corp, and Apple Inc. making headlines. From concerns over government equity stakes to new health features on smartwatches, the tech industry continues to evolve and surprise.

Fortune

AI chatbots are harming young people. Regulators are scrambling to keep up.

Many teens are turning to chatbots for companionship. But experts and regulators say that emotional attachment to the chatbots can leave children vulnerable to psychological risks, prompting calls for stricter safeguards.

GOBankingRates

6 Scams Targeting Your Wallet and How To Protect Your Money, According to Fidelity

Last year, Americans reported losing more than $12.5 billion to fraud. The biggest losses resulted from scams that started with a phone call or on social media.

Reason

Lawmakers Want To Shield Kids From AI Chatbots. But Restricting Them Could Cut Off a Mental Health Lifeline.

Crackdowns on AI chatbots over perceived risks to children's safety could ultimately put more children at risk.

TechRadar

US Senator says Microsoft should be probed for 'gross cybersecurity negligence' after hospital ransomware attacks

Senator Wyden calls for Microsoft to be held responsible.

PC Gamer

'Microsoft has become like an arsonist selling firefighting services to their victims' says US senator, referring it to the FTC for a cybersecurity flaw, though Microsoft says it has a plan

"There is one company benefiting from this status quo: Microsoft itself."

Benzinga

FTC Launches Probe Into OpenAI, Google, Meta, Snapchat Over Fears AI Chatbots Could Harm Kids And Teens

The Federal Trade Commission (FTC) has initiated an investigation into the potential adverse effects of artificial intelligence (AI) chatbots on children and teenagers. The probe encompasses seven major companies, including OpenAI, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta (NASDAQ:META), and Snapchat (NYSE:SNAP).

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