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The Latest Breaking News from FTC

Tech Support Firms To Pay $26M For Scare Tactic Scams

Two companies are charged with tricking people, especially older adults, into paying millions for tech repair services they had no evidence of needing.

Kiplinger

The Price of Filing Taxes With a Professional is Rising

The average cost of working with a tax professional is going up.

Kiplinger

FTC Opens Inquiry Into Reddit's AI Data Sharing Practices

FTC investigates Reddit's AI training practices as Reddit prepares for IPO with Google partnership.

Top News

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The U.S. Steel/Nippon Deal Should Be None of Joe Biden's Business

Both companies consented to the deal. Why should they have to get permission from the president to do business?

Reason

President Biden Signs Executive Order Addressing AI Misuse

President Biden's executive order addresses AI misuse through antitrust laws to ensure fair competition and prevent market distortions.

Top News

FTC Can Reopen Meta Privacy Case Despite Billion Fine

FTC can reopen privacy case against Meta Platforms Inc. for deceptive practices, signaling stricter enforcement of privacy regulations.

Top News

Microsoft Scrambles To Block Copilot From Creating Nightmarish Images

Microsoft is blocking prompts and tightening controls to prevent misuse of its AI tool, Copilot Designer after facing safety concerns.

International Business Times UK

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Labor rights? Whatever. TikTok frenzy over Trader Joe’s mini tote bags

High prices, mega mergers and union busting are just water under the bridge judging from the scramble for a new bag

The Guardian - US

FTC Challenge To Kroger-Albertsons Deal Set For August Hearing

FTC challenges Kroger-Albertsons merger over competition concerns. Judge to hear arguments in August.

Top News

Microsoft censors Copilot following employee whistleblowing, but you can still trick the tool into making violent and vulgar images

Microsoft has blocked several prompts on its AI image generation tool within Copilot. The change comes shortly after a Microsoft employee wrote to FTC chair Lina Khan about Copilot being able to make violent and vulgar images.

Windows Central

US Senate Confirms Republican Nominees To FTC

US Senate confirms Republican nominees to the FTC, enhancing regulatory balance and expertise.

Top News

Could you win a US Senate primary without really trying? This ageing LA Dodger did it

‘Conservative moderate’ Steve Garvey has a Cameo profile, baseball metaphors, and a decades-old dream of a life in politics

The Guardian - US

Demons, Darth Vader mutilating babies, and sexualized women next to car crashes are just some what caused a Microsoft employee to report Copilot to the FTC

A Microsoft employee who red teams Copilot Designer flagged up vulgar and violent images generated by the tool. Now, he has written a letter to FTC chair Lina Khan.

Windows Central

Can Biden's New Task Force On Corporate Pricing Restore Consumer Trust In The Market?

Biden's task force targets unfair corporate pricing, signaling a commitment to protect consumers and promote competition.

International Business Times

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Salon

Is the Kroger-Albertsons merger sunk?

Ninety percent of companies that fail to block preliminary injunctions abandon their merger plans, experts say

Fortune

Beware the Fortnite Fraudster: What to do if your credit card info is stolen

In 2022, someone I eventually dubbed the “Fortnite Fraudster” stole my Chase card info. Here’s what happened and what we should all learn from it.

Reason

Google's Gemini Tells Us Exactly What's Wrong with Silicon Valley

Episode 493 of the Cyberlaw Podcast

Top News

FTC Sues To Block Billion Kroger-Albertsons Merger

FTC sues to block billion Kroger-Albertsons merger over consumer concerns. Ongoing dispute underscores FTC's commitment to fair competition.

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Laptop

Is the Xbox Series X getting a Series S makeover? Here's what we know

Leaked FTC documents shared upcoming Xbox console plans from Microsoft, but they might not have painted the whole picture. Could a white Xbox Series X be on the way?

Kiplinger

Stock Market Today: Stocks Slip With Inflation Data in Focus

Amazon closed lower on its first day as a Dow Jones stock.

Top News

Unions Applaud FTC Lawsuit Against Kroger-Albertsons Merger

Unions support FTC's lawsuit against Kroger-Albertsons merger to protect competition, workers, and consumers in the grocery industry.

International Business Times

US Regulator Sues To Block $24.6 Bn Kroger Supermarket Deal

US antitrust officials filed a lawsuit Monday to block Kroger's proposed $24.6 billion takeover of Albertsons on Monday, saying the supermarket acquisition would harm consumers.

The Guardian - US

Largest-ever US supermarket merger faces block over fears of price hikes

FTC argues Kroger’s $24.6bn takeover of Albertsons would narrow consumer choice and weaken quality of products

WEKU

FTC and 9 states sue to block Kroger-Albertsons supermarket merger

The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

Tom’s Guide

Xbox Series X may get a digital-only version within months

A new report claims an all-digital version of Microsoft’s flagship console could arrive in June or July, but it’s a far cry from the major upgrade signposted in last year’s FTC leaks.

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