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The Latest Breaking News from FTC

Yes, New York will soon be under new management. But Zohran Mamdani is just the start

Lina Khan outraged corporates and conservatives as head of the Federal Trade Commission. Expect more of the same now she’s with the mayor-elect’s transition team, writes Carys Afoko

The Guardian - UK

Mamdani Teaming Up With Lina Khan Paints a Grim Picture of What's To Come

She's baaaaack...

Reason

Zohran Mamdani announces all-female transition team as he prepares for New York mayoralty

Team includes Lina Khan, the FTC commissioner under Biden, and other Democratic former city officials

The Guardian - US

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Amazon's $1.5 billion Prime settlement explained — your most common questions answered

Understand the important details about Amazon's settlement and what it means for Prime members.

Tom’s Guide

$1.5 billion Amazon Prime settlement refunds — everything you need to know

Amazon's settlement with the FTC includes $1.5 billion in refunds for Prime subscribers. Here's what you need to know.

Tom’s Guide

Amazon settles with FTC, needs to pay Prime members $1.5 billion — here's how to claim your share

Learn if you qualify for Amazon's Prime membership refund and what steps you need to take to claim your share.

Tom’s Guide

iRobot Faces Bankruptcy After Elizabeth Warren Helped Kill $1.65 Billion Amazon Merger

Amazon, with its deep pockets, could have helped turn things around. Instead, regulators consigned the company to die a slow and painful death.

Reason

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Mark Zuckerberg Secretly Met AG Pam Bondi For Advice On Discussing 'Meta's Concerns' With Trump: Report

Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg reportedly had a private meeting with Attorney General Pam Bondi earlier this year before the Federal Trade Commission’s (FTC) antitrust case against Meta went to trial.

Benzinga

Amazon's $2.5 billion settlement — how to get your payment and when they're going out

Amazon settled with the FTC in a lawsuit over how hard it is to cancel a Prime Subscription. Affected customers can claim some of the $2.5 billion settlement.

Tom’s Guide

Live Nation's Merger with Ticketmaster Isn't Responsible for High Resale Prices—You Are

Antitrust enforcers at the Justice Department and the Federal Trade Commission have singled out Live Nation as a scapegoat for concertgoers' insatiable appetites.

Reason

Amazon FTC Settlement Prime Refund: Truth or Hoax? Why Millions Are Waiting for Their $51 Payout

Amazon owes customers $51 from a $2.5B FTC settlement for deceptive Prime sign-ups. See if you're eligible for the payout and learn how to claim your money.

International Business Times UK

Woman loses life savings and husband’s insurance after falling for scammer impersonating feds: ‘I couldn’t believe it happened’

Since 2020, there has been a fourfold increase in over-60s losing at least $100,000 to scams involving impersonations of businesses or the government

The Independent UK

5 Ways To Protect Yourself From Fraud in This New Bank Scam

Bank scams are getting more complex and infinitely more believable, thanks to the usage of AI-enhanced voice tools employed by tech-savvy scammers. Learn More: 4 Top Ways To Spot and Avoid a Scam,...

GOBankingRates

Sony accuses Tencent of playing a 'shell game' with its Horizon-like survival game, seeks a preliminary injunction against it

Tencent seems ready to make big changes to Light of Motiram, but Sony isn't buying it.

PC Gamer

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PC Gamer

Saudi Arabia's acquisition of Electronic Arts faces pushback from game developers, petition calls on FTC to 'scrutinize this deal closely'

The Videogame Workers United union wants approval of the deal to be contingent upon protecting jobs and game studios.

Operation Sports

EA Workers Rally Against $55 Billion Saudi-Backed Acquisition

Unions are calling for more scrutiny.

Evening Standard

Is the internet getting worse — and what can we do about it?

Big Tech is giving us all a raw deal, a heavy hitting new book claims. Will Rogers-Coltman meets its author

Saving Advice

7 Ways to Spot an AARP Scam Before It’s Too Late

When scammers target older Americans, they often exploit the trust people place in well-known organizations like AARP. Each year, thousands of seniors report being contacted...

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news in one place.

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The Independent UK

What do missed car payments mean for the economy? A trend that was ‘apparent before the Great Recession’

Last year, 1.73 million vehicles were repossessed, which is the highest number since the year following the 2008 financial crisis

MarketBeat

Buy the Dip? Zillow’s Profit Comeback Meets Market Pressure

Zillow stock faces pressure from an FTC lawsuit despite strong mortgage growth and a return to profitability for the first time in over a decade

International Business Times UK

Here's Why This Activist Hedge Fund Bought $555M Shares of Rocket Companies A Day After FTC Lawsuit

ValueAct Capital, led by Jeff Ubben, purchased 26.3 million shares of Rocket Companies a day after the FTC filed a lawsuit against its subsidiary, Redfin.

Reason

Warrantless Searches, Tariffs, and the Unitary Executive: 3 SCOTUS Cases To Watch This Fall

In a new Supreme Court term packed with big cases, these disputes stand out.

International Business Times

'My Heart Sank': Surging Scams Roil US Job Hunters

After a series of interviews, Nicole Becker was ecstatic to receive a job offer from a sportswear brand.

GamesRadar

Amid Xbox layoffs and a 50% Game Pass price hike, former FTC chair slams "too-big-to-care" Microsoft's Activision-Blizzard buyout that's "harming both gamers and developers"

Told you so?

PC Gamer

As Microsoft lays off thousands and jacks up Game Pass prices, former FTC chair says I told you so: The Activision-Blizzard buyout is 'harming both gamers and developers'

When you're right, you're right.

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