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The Latest Breaking News from FTC

Qualcomm launches global antitrust campaign against Arm — accuses Arm of restricting access to technology

Qualcomm has filed complaints with regulators in the U.S., EU, and South Korea, accusing Arm of restricting technology access and shifting its licensing model to undermine competition.

Tom’s Hardware

FBI Issues Urgent Warning Over E-ZPass Text Scam That's Stealing Bank Details Across the US

The FBI has issued a warning about a widespread E-ZPass text scam targeting Americans with fake toll payment messages designed to steal personal and financial data.

International Business Times UK

Trump Fires Democratic FTC Commissioners

The removals challenge Humphrey’s Executor, a Supreme Court precedent that protects independent agency officials from political firings.

Reason

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President Trump Targets Humphrey's Executor Directly

President Trump acts to remove two Democratic commissioners from the Federal Trade Commission. Litigation is likely.

Reason

Trump Purges Democrats From US Federal Trade Commission

One of two Democrats on the US Federal Trade Commission announced Tuesday that President Donald Trump had fired him from the agency, which is intended to guard against unfair business practices.

International Business Times

Trump administration briefing: nearly 25,000 fired workers to be rehired; USAid shutdown likely violated constitution

Judge rules that administration’s terminations were illegal; Trump fires only two democratic commissioners at US Federal Trade Commission – key US politics stories from Tuesday at a glance

The Guardian - US

Trump fires Democratic FTC commissioners Slaughter, Bedoya - Roll Call

Rebecca Kelly Slaughter and Alvaro Bedoya, the two Democrats on the Federal Trade Commission, said they were 'illegally' fired Tuesday.

Roll Call

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Microsoft’s AI Strategy Eases Analyst Concerns—Is It a Buy?

Microsoft was one of the worst-performing technology stocks in the last year, but analysts continue to raise their price targets on news of prudent AI spending

MarketBeat

Short Circuit: A Roundup of Recent Federal Court Decisions

Intellectual strait jackets, vulgar language, and dodging judicial inquiry.

Reason

Amazon Stock Regains Some Ground But Still On Track For Sixth Straight Weekly Decline

Amazon hasn't fallen for this many consecutive weeks since mid-2022.

Investors Business Daily

FTC says Americans lost $12 billion to scams last year and these were the worst ones — here's how to stay safe

Consumers lost billions last year, according to the new annual FTC report.

Tom’s Guide

FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case

The Federal Trade Commission has walked back comments that a lack of resources is interfering with the agency’s ability to be ready for a September trial over Amazon’s Prime program

The Independent UK

A years-long scam that began with fake Windows pop-ups ends with PayPal payments

The Federal Trade Commission will pay more than $25.5 million to Windows users deceived by a scam that convinced them to buy so-called “computer repair” software.

Laptop

Fake jobs and phone calls: How Americans lost $12.5 bn to fraud in 2024

Americans lost $2.5 billion more money to scams in 2024 than the previous year.

TechRadar

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International Business Times

Bill Gates Offloads 500K Microsoft And 2.48M Berkshire Hathaway Shares, Portfolio Shrinks By $2.93B In Q4

Bill Gates sold Microsoft and Berkshire Hathaway shares for the second consecutive quarter. Despite the massive sell-off, these two stocks remain his portfolio's top holdings.

International Business Times UK

Bill Gates Offloads 500K Microsoft and 2.48M Berkshire Hathaway Shares, Portfolio Shrinks by £2.31B in Q4

Bill Gates sold Microsoft and Berkshire Hathaway shares for the second consecutive quarter. Despite the massive sell-off, these two stocks remain his portfolio's top holdings.

Tom’s Guide

Toll road scams are worse than ever — what to look for and how to stay safe

Toll road scam texts are on the rise, particularly in these five cities across the US. Here's how to spot the signs.

Fortune

Trump’s FTC chair is looking to ‘combat inflation by making sure wages stay up’

The new head of the Federal Trade Commission, Andrew Ferguson, appears set to carry forward his predecessor Lina Khan’s torch and crack down on anti-worker policies and illegal mergers.

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The Independent UK

Five simple tips to stop scam phone calls and robocalls

The calls have reached epidemic levels. Here’s how you can protect yourself

Reason

Montana 'Abortion Trafficking' Bill Could Criminalize Crossing State Lines for an Abortion

Transporting "an unborn child" from Montana to another state "with the intent to obtain an abortion that is illegal" in Montana, or assisting anyone in doing so, would be illegal under House Bill 609.

Reason

The FTC Has No Business Trying To Make Sure Social Media Are 'Fair'

Chairman Andrew Ferguson’s assault on "Big Tech censorship" aims to override editorial decisions protected by the First Amendment.

Reason

Trump's Love-Hate Relationship With Big Tech

If Trump wants to encourage domestic investment, his antitrust appointees should ditch their Big Tech prejudice.

Reason

Meet the New FTC—Same as the Old FTC

Federal Trade Commission Chair Andrew Ferguson reaffirms the flawed 2023 merger guidelines.

International Business Times

Trump Admin To Press Ahead With Amazon, Meta Antitrust Cases

In an interview with FOX Business, newly appointed Federal Trade Commission (FTC) Chair Andrew Ferguson confirmed that ongoing cases against Amazon and Meta would proceed, emphasizing his commitment to "holding Big Tech's feet to the fire."

inkl

Do US Expats Need to File Taxes? Here's What the IRS Requires

For many Americans living abroad, the question of whether they need to file US taxes can be confusing. Unlike most other countries, the United States taxes its citizens based on citizenship rather than residency.

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