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The Latest Breaking News from FTC

What spiking US veterinary prices reveal about inflation

Most pets hate visiting the vet

The Independent UK

Ex-Uber chief security officer pleads guilty to covering up 2016 data breach

SAN FRANCISCO – The ex-chief security officer of Uber Technologies Inc. has been convicted of covering up a 2016 data breach involving 57 million of the San Francisco-based ride-hailing company’s users, according to the U.S. Attorney’s Office.

Tribune News Service

Tesla To Feel Pressure After Musk's Twitter-Deal News; OPEC Output Cut Disappoints Biden; Shell Profits Low: Top Stories Thursday, Oct. 6

Benzinga

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Former Uber security chief found guilty of concealing data breach

Joe Sullivan failed to report a cybersecurity incident to authorities in 2016

The Guardian - US

Biden administration steps up protection against student loan forgiveness scams

The Biden administration is increasing efforts to protect borrowers from student loan forgiveness scams, while still not offering further details about the application itself.

WEKU

Why Kim Kardashian got fined and Matt Damon didn't

If you're going to tout crypto, tout a crypto company — not a coin.

Axios

Big Tech's Chickens Coming Home to Roost

Episode 424 of the Cyberlaw Podcast

Reason

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These Members Of Congress Want To Block Amazon's Acquisition Of iRobot: Here's Why

Several members of the U.S.

Benzinga

House approves scaled-down bill targeting Big Tech dominance

The House has approved sharply scaled-down legislation targeting the dominance of Big Tech companies by giving states greater power in antitrust cases and increasing money for federal regulators

The Independent UK

Senators push to reform police's cellphone tracking tools

Civil rights lawyers and Democratic senators are pushing for legislation that would limit U.S. law enforcement agencies’ ability to buy cellphone tracking tools to follow people’s whereabouts, including back years in time, and sometimes without a search warrant

The Independent UK

$10,000 for one Instagram post? How food influencers can make or break restaurants

LOS ANGELES — In more than 20 years at his family’s restaurant, Joel Gonzalez had never seen anything like it. Around 6 p.m. on March 25, 2021, he looked up to find a line stretching out the door of Mariscos Corona, the Van Nuys restaurant he runs with his sister.…

Los Angeles Times

FTC says Bezos, Jassy must testify in probe of Amazon Prime

Federal regulators are ordering Amazon founder Jeff Bezos and CEO Andy Jassy to testify in the government's investigation of Amazon Prime

The Independent UK

Top Financial Media Stories Thursday, September 22: Facebook Sued For Bypassing Apple Privacy Rules, Walmart Slows Hiring Plans Ahead Of Holiday Season, China Blames US For Northwestern Polytechnical University Hack And More..

Reuters

Benzinga

Meta: We’re not-so-big tech now

The company's big stock drop and competition from TikTok gives it new defenses against the charge of monopoly.

Axios

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The Independent UK

FTC reviewing Amazon's $1.7 billion deal to buy iRobot

The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition of iRobot

Reason

First Amendment Limits on State Laws Targeting Election Misinformation, Part II

An overview of state efforts to combat election misinformation.

StockNews.com

Is OPEN Stock a Smart Buy Around $4?

Opendoor Technologies (OPEN) announced a multiyear agreement with Zillow Inc. (ZG) to expand its operational capabilities. However, the stock is trading 83% below its 52-week high, indicating a bearish sentiment. Given the company’s negative profit margins and bleak growth prospects, would it be worth buying the stock at the current…

Tribune News Service

Whistleblower details foreign agents placed at Twitter, lack of data safeguards

WASHINGTON — Peiter Zatko, the former Twitter security chief who turned whistleblower, told the Senate Judiciary Committee on Tuesday that the social media company’s security practices were so weak that foreign governments were able to place agents on the company’s payroll.

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Roll Call

Whistleblower details foreign agents placed at Twitter, lack of data safeguards - Roll Call

Peiter Zatko, Twitter's former security chief, tells lawmakers about the company giving employees easy access to user data.

Roll Call

Twitter whistleblower unlikely to spur congressional action - Roll Call

The Senate Judiciary hearing from a Twitter whistleblower isn't a prelude to congressional action regarding tech platforms.

The Independent UK

EXPLAINER: Why Twitter's former security head is testifying

Peiter Zatko, the former Twitter security chief who’s accused the company of negligence with privacy and security in a whistleblower complaint will testify before Congress on Tuesday

The Independent UK

Twitter whistleblower bringing security warnings to Congress

Peiter “Mudge" Zatko, the Twitter whistleblower who is warning of security flaws, privacy threats and lax controls at the social platform, will take his case to Congress on Tuesday

Reason

The Federal Trade Commission vs. the Internet

Data collection is not the same as surveillance.

Input

FTC expands Amazon investigation to include healthcare and robotics buyouts

Amazon's acquisitions of One Medical and iRobot have the FTC more invested than ever in the case.

WEKU

Credit Karma will pay $3 million to users targeted with false preapproved offers

The FTC order came after nearly a third of Credit Karma users who were told they qualified for preapproved credit card offers were actually turned down, wasting their time and hurting credit scores.

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