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The Latest Breaking News from FTC

New Study Reveals Large Firms' Role in Innovation

Megafirms create new technologies too!

Reason

She ‘ruined’ her sister-in-law’s bachelorette party to avoid ‘scammers’. Who was in the wrong?

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

The Independent UK

Judge Blocks Biden Administration's Strict Asylum Restrictions

Plus: Digital rights groups protest "bad internet bills," the FTC might be readying another lawsuit against Amazon, and more...

Reason

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

Bing Chat might get an 'Expert mode' to refine its search experience

Microsoft is working towards refining Bing Chat's search experience with an "Expert mode," according to a new report.

Windows Central

Someone could steal your medical records and bill you for their care

Consumers should know that medical identity theft can happen, whether from a large-scale breach or theft of an individual's data. The result could be thousands of dollars in medical bills.

WEKU

ESRB says proposed age verification scan is misunderstood: It doesn't 'confirm the identity of users' and is unrelated to videogame age ratings

The ESRB's proposed Privacy-Protective Facial Age Estimation system came to light yesterday through an FTC filing.

PC Gamer

People are defending a woman after she ‘ruined’ future sister-in-law’s bachelorette party to avoid ‘scammers’

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

The Independent UK

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The ESRB wants to start using facial recognition to check people's ages

The FTC is now seeking public feedback on the ESRB's proposal.

PC Gamer

Twitter Escalates Legal Battle, Seeks Subpoena Of Sen. Warren

Twitter plans to subpoena Senator Warren amid legal dispute with Musk.

Zenger

Larry Summers ‘disappointed’ in FTC’s new merger guidelines. It’s not the first time he’s disagreed with the Biden admin

The former Treasury secretary has a track record of criticizing the Biden administration’s economic policies.

Fortune

FTC is now taking a look at OpenAI's ChatGPT and it could affect Microsoft, too

The FTC has shifted gears and is now looking into OpenAI's ChatGPT. The commission has already launched an investigation to determine whether the AI-powered chatbot has broken consumer protection laws.

Windows Central

NYC Agrees To Pay $13 Million to Activists Arrested in 2020 Racial Justice Protests

Plus: Twitter subpoenas Elizabeth Warren's communications with the SEC, mortgage rates are starting to fall, and more...

Reason

US FTC pauses in-house trial for the Microsoft Activision deal

A new report indicates that the FTC will pause its trial against Microsoft's ABK acquisition.

Windows Central

SCOTUS strikes down student debt cancellation plan, takes up case on agency enforcement authority

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

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Reason

New Federal Merger Guidelines Hint: Maybe Just Don't Merge Anything at All

Plus: Authors demand compensation from A.I. systems, IRS whistleblowers speak out about Hunter Biden investigation, and more...

TechRadar

Microsoft and Activision Blizzard extend merger deadline to buy time to satisfy the UK government

The deadline on Microsoft's acquisition of Activision Blizzard has been pushed back to appeal the UK government's block.

The Hindu

Today’s Cache | Apple tests AI tools; Microsoft looks to close Activision deal; Netflix’s crackdown on password sharing works

News snippets for Apple developing AI tech, Microsoft is pushing to close its $69 billion deal with Activision Blizzard, and Netflix seeing success with its crackdown on password sharing and cheaper subscription options.

Fortune

Private equity’s favorite way to make acquisitions may be illegal, FTC chair Lina Khan says

FTC Chair Lina Khan said the agency is looking into whether roll-up strategies, often used by private equity firms, violate antitrust laws.

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news in one place.

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Inverse

Nintendo Switch 2 “Leak” Reveals a Surprising Truth About the Console Wars

125 million fans can't be wrong.

Multichannel News

Justice Department, FTC Propose Tough New Merger Guidelines

Regulators would look hard for instances of companies’ potential to buy up to monopoly

GamesRadar

Despite 3-month delay, the Xbox Activision merger now looks more likely than ever

The deal will now have to pass by October 18

Windows Central

Microsoft extends Activision Blizzard deal closing date to October

Microsoft and Activision Blizzard have agreed to extend the closing date of their $69 billion deal to October to accommodate the last stages of regulatory review.

Chicago Sun-Times

Consumers need protection from ChatGPT and other AI models

The Federal Trade Commission investigation of ChatGPT maker OpenAI is looking into issues such as the risk of data privacy breaches and errors created by artificial intelligence models.

Fortune

The War on Deals: Why the Biden Administration is battling Big Business—and putting all sorts of deals under the microscope

The FTC and DOJ are coming in swinging from all angles, with another FTC lawsuit filed Monday.

WEKU

FTC and Justice Department double down on strategy to go after corporate monopolies

New guidelines from the FTC and Justice Department are part of a broader push to promote competition and limit what the White House sees as excessive consolidation.

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