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The Latest Breaking News from FTC

Rite Aid 'left its customers facing humiliation,' says FTC as it hits chain with five-year facial-recognition ban

Rite Aid, which has already gone bankrupt partly due to opioid claims, accepted the ban under an FTC settlement.

Fortune

US Bans Pharmacy Rite Aid From Facial Recognition Use

Pharmacy group Rite Aid was ordered Tuesday to stop using facial recognition for the next five years by a US regulator, which said the company falsely identified consumers as shoplifters using the technology.

International Business Times

OpenAI sneaks out website update, no longer lists Microsoft as minority owner

At some point this month, OpenAI stopped listing Microsoft as a minority owner. Instead, the organization's website now lists Microsoft as having a minority economic interest. Here's what that means.

Windows Central

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

Fraud is a problem so big we need to start teaching children how to spot it in schools

Have you or someone you know been a victim of fraud? If so, that’s not unusual.

The Conversation

Adobe’s controversial cancellation policy under FTC investigation

The company could face serious fines.

Creative Bloq

Upsetting the Apple cart? The FTC is investigating Adobe’s subscription cancellation practices

The U.S. government agency wants to ensure companies provide consumers with an easy way to cancel digital subscriptions

iMore

QR Code Scams: What To Know Before You Scan That Little Box

Scammers are using these ubiquitous codes to steal your information, according to a new report.

Kiplinger

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QR code scams put personal data at risk, FTC warns

Some of the ways scammers have used QR codes are by placing fraudulent QR codes on parking meters or by posing as legitimate businesses.

Chicago Sun-Times

New CARS Rule Could Help You Save Time (And Money) At Dealerships

The CARS rule aims to protect consumers from 'bait-and-switch' tactics and junk fees when vehicle shopping.

Kiplinger

Shady Dealership Upcharges Are Now Illegal

The FTC finalized the rule it proposed last year, cracking down on bogus fees. And NADA isn't happy about it.

Motor1

Toyota Slammed For 'Misleading' Public About EVs in FTC Complaint (Updated)

A firm has filed a public complaint with the U.S. Federal Trade Commission over Toyota's alleged "misleading" EV advertising practices.

InsideEVs

The FTC should embrace proactive problem-solving

The legal precedent would strongly discourage companies from trying to solve perceived problems with proposed transactions.

Fortune

Adventures in AI alignment

Episode 485 of the Cyberlaw Podcast

Reason

Credit Karma Claims Process Begins. Are You Owed Money?

Some Credit Karma users may be due payment as part of the company's $3 million settlement with the federal government.

Kiplinger

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USAFacts

How much does text message fraud cost Americans?

In 2022, most text fraud reports of financial loss involved less than $1,000 — but over 88,000 reports involved losses of more than $10,000.

The Independent UK

Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company

Attorneys for Amazon have asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant

The Independent UK

FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal

The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger

Windows Central

Microsoft vs. FTC II: The Wrath of Khan — the FTC once again comes for Microsoft, for gaming, and now AI too

The FTC will take a closer look to see if Microsoft and OpenAI violated antitrust laws. At this stage, the FTC has started preliminary inquiries but has not opened a formal investigation.

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The Guardian - US

US senators introduce ‘fans first’ live-event ticketing reform bill

Bipartisan act aims to protect buyers from inflated pricing following Ticketmaster’s disastrous handling of Taylor Swift tour

Reason

What Elizabeth Warren's Fear of a 'Sandwich Shop Monopoly' Reveals About Democrats' Priorities

Should a federal government that is nearly $34 trillion in debt and can't manage basic operations be micromanaging fast-food business purchases?

Windows Central

Microsoft and Xbox announced 'Marvel's Blade' at The Game Awards — but could it also be coming to PlayStation?

Microsoft and Xbox announced Marvel's Blade at The Game Awards, built by Arkane Lyon of Dishonored fame. The teaser trailer for the game generated a significant amount of hype, but there were no platforms mentioned anywhere, which is leading some to think that it won't be Xbox exclusive.

Fortune

Ex–Twitter exec claims Elon Musk’s cost-cutting zeal gutted a federal agreement—and says he was fired for sounding the alarm

Alan Rosa said Twitter unlawfully fired him and denied him severance over his refusal to breach an FTC consent decree.

Fortune

Competition cop Lina Khan’s antitrust overreach is hurting U.S. competitiveness–and destroying billions of dollars in value

Antitrust overreach is hurting America's global competitiveness, with the FTC calculating industry concentration on a purely domestic basis.

The Independent UK

A father is warning others about a new AI ‘family emergency scam’

Philadelphia attorney Gary Schildhorn received a call from who he believed was his son, saying that he needed money to post bail following a car crash. Mr Schildhorn later found out he nearly fell victim to scammers using AI to clone his son’s voice, reports Andrea Blanco

The Independent UK

The common scam around the holidays – and how to get your money back

Everything you need to know about gift card scams

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