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The Latest Breaking News from FTC

iRobot Lays Off 350 Employees as Amazon Kills Merger Elizabeth Warren Opposed

The robot vacuum company is based in Massachusetts, meaning some of the terminated employees are likely Warren's constituents.

Reason

FTC Launches Inquiry into Generative AI Investments and Partnerships

The agency is seeking information from Alphabet, Amazon, Anthropic PBC, Microsoft, and OpenAI as part of the inquiry

TV Tech

FTC to investigate deals made by Google, Amazon, and Microsoft with AI start-ups

FTC has reportedly launched an inquiry into the deals made by big tech with AI start-up companies.

Android Central

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AI’s big shift from ‘model-forward’ innovation to ‘product-forward’

New data shows that companies are not building models from scratch anymore, with most tapping into existing models like OpenAI's and Anthropic's, and focusing on adapting the models to their product roadmaps.

Fortune

US Regulator Launches Probe Into Tech Giants' AI Investments

A top US antitrust regulator said it was launching an inquiry Thursday about investments made by Microsoft, Google and Amazon into generative AI startups OpenAI and Anthropic.

International Business Times

Is TurboTax Really Free? FTC Clamps Down On Deceptive Advertising Practices

The FTC has barred Intuit from advertising its services as "free" unless they are genuinely free for all customers or if eligibility is explicitly disclosed.

International Business Times

Martin Shkreli ban from pharmaceutical industry upheld by US court

New York federal appeals court rules ‘pharma bro’, 40, who went to prison for fraud, cannot return to pharmaceutical industry

The Guardian - US

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The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services

Regulators say the company advertised "free" tax filing products and services that many Americans were ineligible for. Intuit called the opinion "deeply flawed."

WEKU

Intuit told to stop promoting "free" software unless everyone can actually use them

TurboTax maker Intuit has been found guilty of misleading advertising; told to revise ads for “free” products and services.

TechRadar

High Court, High Stakes for Cybersecurity

Episode 488 of the Cyberlaw Podcast

Reason

Embracer Group is showcasing the dangers of irresponsible consolidation

Embracer Group has repeatedly closed studios and laid off employees since it fell on hard times in May of 2023.

Windows Central

Government Pauses Ban On Shady Dealership Upcharges

The ban on shady sales tactics was supposed to take effect July 30th, but dealerships protested, and now it's delayed indefinitely.

Motor1

Cyberwar continues to underperform

Episode 487 of the Cyberlaw Podcast

Reason

‘Simple’ Scam Messages May Fool Even The Most Discerning Eye — What to Know

Scams are becoming more difficult to spot, so if a 'friend' sends a text asking for a favor, it may be wise to think twice, report says.

Kiplinger

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Tech&Learning

The FTC Is Proposing Updates to COPPA. Here’s What You Need To Know

COPPA is more than 20 years old and long overdue for an update to better protect students and their data

The Conversation

Data brokers know everything about you – what FTC case against ad tech giant Kochava reveals

Kochava, the self-proclaimed industry leader in mobile app data analytics, is locked in a legal battle with the Federal Trade Commission in a case that could lead to big changes in the global data marketplace and in Congress’ approach to artificial intelligence and data privacy.

Kiplinger

Federal Agencies Finalize Antitrust Guidelines: The Kiplinger Letter

What new antitrust guidelines by the Justice Department and FTC mean for mergers and acquisitions,

Salon

A big win on abortion privacy

"Destroy all location data": FTC head Lina Khan takes on data brokers with groundbreaking medical tracking ban

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The Independent UK

Biden administration bans company from tracking medical visits

The move comes as part of the government’s emphatic effort to protect patient privacy after the fall of Roe v Wade

Reason

Triangulating Apple

Episode 486 of the Cyberlaw Podcast

WEKU

Will the feds block a grocery megamerger? Kroger and Albertsons will soon find out

America's two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.

InsideEVs

Faraday Future Is Back, Baby (And May Get Delisted From The NASDAQ)

Today on Critical Materials: cybersecurity mandates for dealers, Faraday Future stock may delist, Norway's driving schools don't dig Tesla's stalkless design, and more.

International Business Times UK

Microsoft President Does A 180 On UK Regulators After Initial Clash Over Activision Deal

The CMA was notoriously stubborn about allowing Microsoft's acquisition of Activision Blizzard, forcing the tech giant to restructure its deal.

Windows Central

Microsoft's Brad Smith reflects on the UK CMA regulator, changes tone while discussing the Xbox-Activision purchase

Previously, Microsoft's Brad Smith said that the UK was "closed for business" over regulatory scrutiny of Xbox's big Activision deal, but has since changed stance.

Chicago Sun-Times

How to complain — and get your money back

Got a consumer problem? Help is out there. Keep this list for the next time you have an intractable issue with a retailer or service provider.

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