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The Latest Breaking News from FTC

Beware the Fortnite Fraudster: What to do if your credit card info is stolen

In 2022, someone I eventually dubbed the “Fortnite Fraudster” stole my Chase card info. Here’s what happened and what we should all learn from it.

Fortune

Google's Gemini Tells Us Exactly What's Wrong with Silicon Valley

Episode 493 of the Cyberlaw Podcast

Reason

FTC Sues To Block Billion Kroger-Albertsons Merger

FTC sues to block billion Kroger-Albertsons merger over consumer concerns. Ongoing dispute underscores FTC's commitment to fair competition.

Top News

US Regulator Sues To Block $24.6 Bn Kroger Supermarket Deal

US antitrust officials filed a lawsuit Monday to block Kroger's proposed $24.6 billion takeover of Albertsons on Monday, saying the supermarket acquisition would harm consumers.

International Business Times

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Largest-ever US supermarket merger faces block over fears of price hikes

FTC argues Kroger’s $24.6bn takeover of Albertsons would narrow consumer choice and weaken quality of products

The Guardian - US

FTC and 9 states sue to block Kroger-Albertsons supermarket merger

The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

WEKU

Xbox Series X may get a digital-only version within months

A new report claims an all-digital version of Microsoft’s flagship console could arrive in June or July, but it’s a far cry from the major upgrade signposted in last year’s FTC leaks.

Tom’s Guide

FTC bans Avast from selling user data to ad agencies — antivirus giant hit with major fine

Avast has been fined and sanctioned for selling customers’ browsing data to more than 100 third parties.

TechRadar

Are You Owed Money From This LasikPlus Settlement?

The FTC says 159,711 consumers are eligible for payment from LasikPlus due to deceptive pricing.

Kiplinger

As Congress lags, California lawmakers take on AI regulations

California often takes the lead with new legislation to rein in tech. This was true for privacy, social media and now it looks to be playing out the same way for generative AI.

WEKU

FTC And States May Challenge Kroger-Albertsons Merger Deal

Regulatory bodies may challenge Kroger-Albertsons merger over antitrust concerns, potentially leading to legal action and significant implications for the ...

Top News

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Salon

Why the Kroger-Albertsons merger stalled

"Kroger and ACI have decided that collusion is more profitable than competition,” said Colorado's attorney general

TechRadar

The FTC bans AI impersonations of individuals — and unveils greater powers to win stolen money back

The Federal Trade Commission has said that individuals, not just business and government, will now be better protected from AI scams.

Kiplinger

A $50k CIA Imposter Scam Went Viral. Here's How To Keep Yourself Safe.

After a personal finance expert fell victim to scammers posing as the CIA, the Federal Trade Commission shared advice for keeping yourself safe.

Windows Central

One of the largest Esports organizations is suing Activision for monopolistic practices with the Call of Duty League

In 2020, Call of Duty switched to a franchise, city-based league that, according to the lawsuit, has forced members to accept unreasonable terms if they wanted to have a franchise spot.

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Kiplinger

People Lost More Than $10B to Scams Last Year — What To Know

Investment and imposter fraud topped the list of scams in 2023, a new FTC report shows.

Tom’s Guide

PS6 — release date speculation and early rumors

It's very early to be talking about the PS6 but here's the current rumors and some speculation about Sony's next-gen console.

Reason

Death, taxes, and data regulation

Episode 491 of the Cyberlaw Podcast

TechRadar

Microsoft claims Activision was already planning ‘significant’ layoffs before its acquisition, ‘consistent with broader trends in the gaming industry’

Microsoft has stated that Activision was already planning layoffs before its merger.

GamesRadar

Microsoft says its 1,900 layoffs "cannot be attributed fully to the merger" because Activision was already planning massive cuts of its own

If Microsoft didn't lay off those people, it says Activision would've instead

GamesRadar

FTC criticizes Microsoft for laying off Activision Blizzard workers after claims it would operate independently

The FTC also says it would struggle to get aid to affected workers if a court later reversed the acquisition

TechRadar

FTC claims that Microsoft layoffs contradict ‘representations it made’ during the fight to acquire Activision

The Federal Trade Commission claims that Microsoft's newly announced layoff plans contradict 'representations it made' during its fight to acquire Activision Blizzard.

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