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The Latest Breaking News from FTC

Europe loosens reins on AI – and US takes them off

EU and US unshackle regulations in quest for growth, and is the AI bubble about to burst? Not yet, says Nvidia

The Guardian - US

Meta Wins FTC Fight, Keeps Instagram Growth Machine Intact

Meta Platforms has put the potential loss of Instagram and WhatsApp in the rearview mirror, maintaining vital sources of current and potential growth.

MarketBeat

Amazon starts Prime payouts from $2.5 billion settlement – here's how the refunds work and when you might get one

Amazon's started paying out $1.5 billion of its record-breaking settlement with the FTC which is earmarked to refund Prime customers.

TechRadar

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read the most diverse news in one place.

Amazon Begins Issuing Prime Refunds After $2.5 Billion FTC Settlement

The agreement, one of the largest consumer protection settlements in the FTC's history, includes $1 billion in civil penalties and $1.5 billion set aside for consumer refunds.

International Business Times

Amazon Is Sending Automatic Refunds To Millions After Record $2.5 Billion FTC Settlement: Here's What You Must Do To Claim Yours

On Wednesday, Amazon.com, Inc. (NASDAQ:AMZN) began issuing automatic refunds to millions of customers as part of a sweeping $2.5 billion settlement with federal regulators.

Benzinga

Amazon's $1.5 billion settlement payments rolling out now — how to get yours

Learn how to claim your Amazon Prime settlement refund.

Tom’s Guide

Meta's Victory Over the Federal Trade Commission Shows the Market Moves Faster Than Antitrust Enforcement

The decision ends the witch hunt begun under the first Trump administration.

Reason

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People Like Having Too Much Content, Says Swiss Study on Information Abundance

Plus: FTC loses Facebook case, building a fertility abundance agenda, ICE staffer arrested in underage sex sting, and more...

Reason

Is Meta Stock a Buy or a Sell Before Michael Burry Drops His Bombshell on November 25?

Meta Platforms stock has been under pressure of late, among others, due to the allegations that Michael Burry has leveled against hyperscalers. Burry has promised more information on November 25, but Meta's risk-reward looks quite attractive now after the recent crash.

Barchart

Instagram & WhatsApp Saved by TikTok? — Meta Clears Historic Legal Hurdle

Meta escapes a historic FTC antitrust challenge as a judge rules it is not a monopoly, keeping Instagram and WhatsApp intact. But here is how TikTok helped.

International Business Times UK

Meta wins historic FTC antitrust trial focused on WhatsApp, Instagram

Meta's acquisitions of Instagram and WhatsApp don't violate US antitrust law, ruled district judge James Boasberg on Tuesday.

Euronews

Meta Avoids Divestiture In Landmark Antitrust Case, Raising Questions For Regulators

Regulators argued the acquisitions were part of a strategy to suppress competition and maintain dominance in personal social networking.

International Business Times

Meta wins major US antitrust case and won’t have to break off WhatsApp or Instagram

Challenge to Meta could have forced it to spin off Instagram and WhatsApp, but judge ruled company did not hold social networking monopoly

The Guardian - US

Meta cleared of monopoly claims as judge highlights competition with TikTok

A U.S. federal judge ruled in favor of Meta, stating it does not maintain a monopoly in the social media space.

Android Central

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news in one place.

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Benzinga

Meta Wins FTC Antitrust Case, Not A Social Media Monopoly

A federal judge has handed a major legal triumph to Meta Platforms, Inc. (NASDAQ:META), the parent company of Facebook, officially rejecting government accusations that the tech giant maintains an illegal monopoly on personal social networking.

The Independent UK

Meta prevails in historic FTC antitrust case, won't have to break off WhatsApp, Instagram

Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking

Benzinga

Wealthy New Yorkers Reportedly 'Looking For Therapy' After Zohran Mamdani Taps Former FTC Chair Lena Khan As His Transition Team Co-Chair

New York City's business elite didn't wait long to panic after Mayor-elect Zohran Mamdani announced that former Federal Trade Commission Chair Lina Khan would co-lead his transition team.

The Independent UK

I dropped $50K in a Mercedes backseat after a call ‘from the CIA’: How smart, sophisticated people get conned

Scam artists steal more than $16 billion in the U.S. every year – and AI is making it easier

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news in one place.

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The Guardian - US

Mamdani’s appointment of Lina Khan a warning to private equity, experts say

Ex-FTC chair was among first to go after practice of folding local firms into larger ones leading to higher prices

Reason

How Lina Khan Is Busy Striving To Maximize Mamdani's Power

Using the mighty power of government to…make stadium hot dogs cheaper? It's one of many ways Khan's petty populism could be coming to New York City.

The Guardian - UK

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

Reason

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

She's baaaaack...

The Guardian - US

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

Tom’s Guide

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.

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