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The Latest Breaking News from FTC

Visa Issues Scam Alert, Just In Time For The Holidays

Scammers prepare all year for the holiday season so they can take advantage of increased activity and people who let their guard down while shopping, Visa said.

Kiplinger

Can you trust Made in USA labels? A warning for Black Friday

Black Friday means lots of cheap products hitting the market at even cheaper prices. But with thousands of products on sale, not everything is as it seems

Homes & Gardens

The Golden Globes Spin on Amid 'Confusing Ownership Do-Si-Do'

Our latest ‘Next Text’ explores Hollywood’s confounding FYC monopoly … and the end of ‘The Awards Industrial Complex’

Broadcasting & Cable

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

Prison phone company blamed for data breach affecting thousands of users

Global Tel*Link settled case with the FTC, promising changes and safeguards for its customers.

TechRadar

Lina Khan speaks out about FTC’s private equity lawsuit: ‘We’re putting the market on notice’

Khan says a recent Federal Trade Commission lawsuit is meant to chill the consolidation of medical groups that results in higher prices for consumers. But it may be too late to curb price hikes.

Fortune

FTC warns food industry trade groups and influencers about disclosures on paid social media posts

The Federal Trade Commission says it issued warnings to two food and beverage industry groups, as well as to a dozen online influencers and dieticians for failing to adequately disclose paid social media posts that promoted a sweetener and sugary products

The Independent UK

The Brussels Defect: Too early turns out to be worse than too late.

Plus Mark MacCarthy's book on "Regulating Digital Industries" in Episode 481 of the Cyberlaw Podcast

Reason

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Cybertoonz explains the FTC's latest filing on copyright and AI

As covered in upcoming Cyberlaw Podcast episode 481

Reason

Scams: Senior Investors Targeted As Crypto Payment Use Grows

Crypto investment scams are climbing, costing senior victims about $35,000 each last year, the FBI reports.

Kiplinger

How to talk to older people in your life about scams

Last year, consumers lost $8.8 billion to scammers, and the Federal Trade Commission says older adults lost the most money compared to other age groups

The Independent UK

Users of Fintech App Brigit to Get $18M in Refunds

The fintech app falsely promised cash-strapped users instant cash advances and locked them into monthly memberships that they couldn't cancel, the FTC charges.

Kiplinger

Dueling interests ask if Biden goes too far on AI or falls short - Roll Call

President Joe Biden’s executive order on artificial intelligence could empower agencies to overstep their bounds or lack the teeth to be effective.

Roll Call

The Wildly Misleading Statistic at the Center of the FTC's Antitrust Case Against Amazon

Lina Khan says this number is crucial to understanding Amazon's monopoly power, but she's either confused or lying about what it means.

Reason

Vonage Users to Get Nearly $100 Million In Refunds In Junk Fee Case

The FTC says Vonage made it hard for customers to cancel service and charged hundreds of dollars in surprise junk fees in some cases.

Kiplinger

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Fortune

Amazon designed its algorithm at Jeff Bezos's urging to be something it wanted to show you, not the cheapest and best product, government claims

New revelations from the FTC’s antitrust lawsuit claim that Bezos pushed for “expensive, irrelevant advertisements” because they were so profitable for Amazon.

The Independent UK

Amazon used an algorithm to essentially raise prices on other sites, the FTC says

A newly unredacted portion of the Federal Trade Commission's antitrust lawsuit against Amazon says the company used a secret algorithm that essentially helped the company raise prices on other online sites

Investors Business Daily

Senate Democrats, Schumer Alert FTC On Risks From Acquisitions By Exxon Mobil And Chevron

Exxon Mobil stock has edged down since it announced the deal for Pioneer Natural Resources. Meanwhile, CVX has also dropped after agreeing to acquire Hess.

TechRadar

US government orders financial firms to report data breaches in less than 30 days

Mortgage brokers, investment firms, and similar, now need to be more diligent with their reporting of cybersecurity incidents.

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news in one place.

100’s of premium titles.
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StockNews.com

Amgen (AMGN) Earnings Watch: Buy or Sell?

Amgen (AMGN) is scheduled to report its third-quarter earnings soon, with Wall Street analysts expecting year-over-year improvements in revenue. However, its earnings are expected to miss the consensus estimate. Moreover, the company completed the acquisition of Horizon Therapeutics earlier this month. Considering these factors, is the stock a buy or…

Evening Standard

Will Twitter/X survive? One year on from Musk's takeover, we look at what's changed

Elon Musk remains defiant, insisting the prognosis is rosy as he redesigns the social media platform in his own image

Fortune

How to spot a crypto scam

In the Wild West of cryptocurrency, the crossover between legitimate business and scam is sometimes too close to call.

StockNews.com

Amazon (AMZN) Earnings Forecast and Gameplan

Amazon’s (AMZN) second-quarter revenue and earnings surpassed analyst estimates, and the company issued optimistic guidance for the third quarter. However, it continues to face challenges, including sluggish growth in its cloud and e-commerce businesses and the FTC’s anti-trust lawsuit. So, let’s determine if you should buy, hold, or sell this…

Barchart

Amazon Q3 Preview: 5 Key Things to Watch in This Week's Earnings

FAANG heavyweight Amazon will release its highly anticipated Q3 earnings this week. Here's what analysts expect from the report and the 5 key things to watch out for on the earnings call.

The Guardian - UK

Exhausted Amazon staff fight back against retail giant at global UK summit

Meeting in Manchester is part of worldwide action – including Black Friday protests – over tax, market abuse and workers’ rights

The Street

Reese's Cups have a big problem (right before Halloween)

The beloved Hershey-owned candy may find itself in some trouble during spooky season.

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