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The Latest Breaking News from FTC

FTC Fortnite refund: Epic fined $245m and you might be eligible for a cut

Epic Games will pay $245 million to settle allegations related to in-game purchases in Fortnite, with the FTC planning to use this money to refund impacted players and parents.

Daily Mirror

10 gamers are suing Xbox to stop the Activision Blizzard deal

A new lawsuit against Microsoft comes from nearly a dozen consumers who believe the pending acquisition will harm competition

USA Today Sports Media Group

Fortnite maker ordered to pay $520m for violating child privacy and tricking players

Epic Games has agreed to pay the Federal Trade Commission (FTC) $520 million to resolve concerns related to the Fortnite item shop, refund systems and children's privacy.

Daily Mirror

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What Fortnite players, parents should know after Epic Games settles with FTC

RALEIGH, N.C. — This week, the Federal Trade Commission announced Cary-based Epic Games would pay more than half a billion dollars in fines — a record amount — for a series of violations involving its most popular game, Fortnite.

Tribune News Service

Zuckerberg testifies that Meta's lack of VR fitness app doesn’t keep him up at night

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg says the fact his company doesn’t have a virtual reality fitness app up doesn’t keep him up at night, but acquiring it would boost competition and improve such applications.

Tribune News Service

Meta CEO Mark Zuckerberg takes witness stand in FTC case

Mark Zuckerberg, the CEO of Facebook parent company Meta, is on the witness stand in a California courtroom as part of the U.S. antitrust regulators' effort to stop the tech giant from buying a virtual reality startup

The Independent UK

Could you be eligible for a Fortnite refund?

Epic Games has agreed to pay the Federal Trade Commission $520 million over allegations of privacy violations and unwanted charges. Nearly half of the money will go to refund consumers.

WEKU

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Why Does Funding Government Take $1.7 Trillion and 4,000 Pages?

Plus: Title 42 order termination is on hold, the FTC vs. Meta, and more...

Reason

Fortnite maker to pay $520M for privacy, e-commerce abuses

The maker of the popular Fortnite video game will pay $520 million in penalties and refunds to settle complaints revolving around children’s privacy and its payment methods that tricked players into making unintended purchases

The Independent UK

Sixth Circuit finds constitutional flaw in ARPA Tax Cut Ban

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

What we learned from 'Call Me Miss Cleo' documentary about the infamous '90s TV psychic

Late-night TV viewers of a certain age were once well-acquainted with a certain TV psychic by the name of Miss Cleo, who made "call me now" her catchphrase.

Los Angeles Times

The FTC hits Fortnite developer Epic Games with $520 million fine

The penalty is over allegations that Epic tricks 'millions of players" into making unintentional purchases in Fortnite.

USA Today Sports Media Group

Fortnite creator Epic Games to pay record FTC fine over violating children’s privacy

Epic Games, the creator of the popular video game Fortnite, has agreed to pay $520 million to the Federal Trade Commission over complaints that the company violated children’s privacy law and forced unintended purchases through trickery.

Tribune News Service

Fortnite maker Epic Games will pay $520 million to settle privacy and deception cases

The company is refunding $245 million to customers who made unwanted purchases because of poor game design, and is paying a $275 million fine for collecting personal data from kids without consent.

WEKU

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The Independent UK

‘Call me now:’ Inside the mysterious life of 90s TV hotline psychic Miss Cleo

Miss Cleo, the face of the Psychic Readers Network, spent years imploring late-night television viewers to call a 1-800 number. Then a fraud lawsuit plagued the company and hotline. Miss Cleo mostly vanished. Now, there’s a new HBO Max documentary that investigates her life, Sheila Flynn reports

The Independent UK

‘Call me now:’ Inside the mysterious life of 90s TV hotline psychic Miss Cleo

The Independent UK

FTC didn't stop Facebook-Instagram. How about Meta-Within?

Facebook parent Meta is sparring with the FTC over its pending acquisition of a virtual reality fitness company Within Unlimited in federal court in San Jose, California, where CEO Mark Zuckerberg is expected to testify as a witness

Fortune

The FTC's cases against Meta are chasing Facebook's ghost

No longer an anticompetitive behemoth, Meta is in a dogfight for survival, argues Adam Kovacevich from tech industry coalition Chamber of Progress.

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Fortune

I was scammed. Now what?

Banking and money scams and frauds online are becoming more common. Here's what they are, popular ones to watch out for, and how to protect yourself

Salon

Musk's Twitter isn't paying its bills

Twitter has even begun to auction off furniture and kitchen equipment from its office

Reason

Why In the World Is the FTC Trying to Block Microsoft From Buying Call of Duty?

Antitrust regulators don't seem to understand how the video game industry works.

WEKU

Amazon launched a driver tipping promotion on the same day it got sued over tip fraud

An Amazon promotion that tipped delivery drivers $5 for every customer that sent a "thank you" message maxed out on the second day, raising questions about whether drivers deserve tips year-round.

Tribune News Service

Microsoft says it offered FTC consent decree on 'Call of Duty'

Microsoft Corp. said that antitrust regulators shrugged off its offer to make "Call of Duty" available to gaming rivals — including Sony Group Corp. — as part of its $69 billion purchase of Activision Blizzard Inc.

Reason

The FTC Has No Business Trying To Stop Video Game Company Mergers

It’s one of the most competitive industries in the world, and there’s no good reason to stop Microsoft from acquiring Activision Blizzard.

Fortune

Why is the FTC suing to stop Microsoft’s Activision Blizzard deal? Because it doesn’t trust the tech giant

Federal regulators are skeptical that the Xbox parent will make good on pledges to keep games available on PlayStation.

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