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The Latest Breaking News from FTC

Amazon Rides High Amid Challenges In Cloud Computing, E-Commerce And FTC Probe

Amazon is the IBD Stock of the Day as the e-commerce and cloud computing giant is actionable and investors shrug off antitrust concerns.

Investors Business Daily

HHS Asks DEA To Reclassify Cannabis as Equivalent to Testosterone and Codeine Tylenol

Plus: Tennessee prosecutor threatens to use drag law that was declared unconstitutional, ACLU asks FTC to investigate Mastercard's adult content policy, and more...

Reason

A.I. trained on private user data never really 'forgets'

As it turns out, it’s impossible to remove a user’s data from a trained A.I. model. Deleting the model entirely is also difficult—and there’s little regulation to enforce either option.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

How to avoid the biggest text message scam putting your money at risk

Bank impersonations are the top reported type of text message scam

The Independent UK

How to avoid the No. 1 text message scam putting your money at risk

Bank impersonations are the top reported type of text message scam

The Independent UK

The FTC has a warning about scammers impersonating delivery companies

The FTC has a warning about scammers making millions by impersonating retailers and delivery services.

The Street

Horizon Therapeutics Jumps On A New FTC Development In The Amgen Takeover Battle

The FTC pulled back one of its efforts to block Amgen's Horizon buyout, according to a document released Friday that sent HZNP stock flying on Monday.

Investors Business Daily

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To appease the CMA, Microsoft restructures the Activision Blizzard King deal

Microsoft Vice President Brad Smith has penned a blog regarding the Activision Blizzard King deal that details Microsoft's plans to sell cloud gaming rights for ABK titles to Ubisoft in perpetuity.

Windows Central

Most Republican Voters Aren't Loyal Trumpists, Suggests Survey

Plus: Kansans fight over driver's license gender markers, chain restaurants bridge social divides, and more...

Reason

Microsoft retracts bizarre AI-generated article that recommended Ottawa Food Bank as a tourist attraction

Microsoft recently posted an article on Microsoft Start (MSN) highlighting top places to visit while in Ottawa, Canada, the third option on the list was off-putting. This is because it recommended the Ottawa Food Bank as one of the top sites.

Windows Central

The Biden Administration's Antitrust Changes Would Be Great for Bureaucrats—and Bad for Consumers

The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.

Reason

Experian to Pay $650K Fine for Spamming People

People seeking to freeze their credit data online were hit with unsolicited emails and no way to opt out.

Kiplinger

Appeals Court Rules in Much-Anticipated Abortion Pills Case

Plus: Court urged to stop Arkansas' social media age verification law from taking effect in September, legalizing medical marijuana linked to lower insurance premiums, and more...

Reason

The FTC wants to ban fake reviews and fine people who write them

The hope is that the fines alone will deter people from making fake reviews, which in the long run will benefit consumers and marketers.

Chicago Sun-Times

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Kiplinger

Senators Urge FCC to Enforce Rules Curbing Robocalls

Stopping unwanted telemarketing robocalls is already within the agency’s power, they say.

Salon

Zoom’s AI privacy fiasco explained

The video conference company's latest affront to data protections epitomizes why few trust Zoom in the first place

Kiplinger

FTC Cautions Consumers on Heels of Latest Zelle Scam

The FTC issued a warning about a scam involving fake job offers.

Windows Central

Microsoft's purchase of Activision Blizzard approved by yet another country

Microsoft's bid to buy Activision Blizzard is almost done, garnering approval from New Zealand.

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news in one place.

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Zenger

FTC’s Khan Takes Aim At Amazon, Antitrust Lawsuit Looms

FTC's Lina Khan to File Antitrust Lawsuit Against Amazon, Risking Breakup.

TechRadar

Microsoft slammed for negligent cybersecurity following Chinese hack

US senator requests three separate bodies to launch their own investigations into alleged potential Microsoft failings.

Fortune

Inside Illumina’s bruising proxy battle with billionaire activist investor Carl Icahn

Illumina’s contentious acquisition of cancer test maker Grail brought billionaire Carl Icahn to the company’s doorstep.

Barchart

3 Sectors, 3 Unusually Active Put Options to Sell

The markets have been on fire the past couple of weeks. While yesterday’s interest hike took some steam out of the markets, these three stocks and their options are unusually active and worthy of consideration.

Reason

New Study Reveals Large Firms' Role in Innovation

Megafirms create new technologies too!

The Independent UK

She ‘ruined’ her sister-in-law’s bachelorette party to avoid ‘scammers’. Who was in the wrong?

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

Reason

Judge Blocks Biden Administration's Strict Asylum Restrictions

Plus: Digital rights groups protest "bad internet bills," the FTC might be readying another lawsuit against Amazon, and more...

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