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The Latest Breaking News from FTC

Microsoft will pay $20M to settle U.S. charges of illegally collecting children's data

Microsoft will pay a fine of $20 million to settle Federal Trade Commission charges that it illegally collected and retained the data of children who signed up to use its Xbox video game console

The Independent UK

Microsoft responds to $20 million FTC fine over Xbox child accounts

Microsoft has been ordered to pay a $20 million fine in a settlement with the FTC due to COPPA violations.

Windows Central

Debating AI Regulation

Episode 461 of the Cyberlaw Podcast

Reason

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

The Biotech Buying Bonanza: Why The FTC's Amgen Battle Won't Chill The Spree

Big Pharma has a problem, and buying up biotech companies helps solve it. But the FTC has its own ideas about industry mergers. Here's where things stand.

Investors Business Daily

Amazon Agrees To Pay Over $30M To Settle Alexa, Ring Spying Claims Despite Disagreement With FTC

In a shocking revelation, the FTC unveiled a disturbing privacy scandal involving Amazon’s Ring doorbell camera unit.

Zenger

Amazon’s Ring and Alexa privacy charges include lessons for the whole tech industry

The FTC’s charges have significant A.I. implications.

Fortune

Microsoft Activision deal set to be appealed by Xbox in July – but it’s a tough fight

The CMA and Microsoft are set to state their case for and against the latter's Activision acquisition next month.

Daily Mirror

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Amazon fined $30 million for Alexa child privacy and Ring violations

Amazon will pay $30 million to settle privacy allegations for its Ring security cameras and Alexa recordings of children.

Tom’s Guide

Amazon must pay over $30 million over claims it invaded privacy with Ring and Alexa

The Federal Trade Commission has accused the online retailer of harboring children's data even when parents request it to be deleted, as well giving its Ring employees access to users' videos.

WEKU

Amazon pays over $30 million to settle Alexa and Ring privacy lawsuits

Amazon settles two FTC complaints in one day to the tune of around £25 million

Evening Standard

Amazon to pay out $30.8m over alleged spying on customers

Tech giant agrees to settlement after employee allegedly spied on women using Ring cameras in bedrooms and bathrooms.

Al Jazeera

Amazon to pay over $30 million in FTC settlements over Ring, Alexa privacy violations

Amazon Alexa violated children's privacy, FTC says.

Axios

FTC charges Amazon with privacy violations over Alexa and Ring cameras

Amazon will pay more than $30 million to settle alleged privacy violations involving its voice assistant Alexa and its doorbell camera Ring

The Independent UK

Amazon’s Ring to pay $5.8m fine over claims it gave employees full access to videos

The FTC alleges Amazon's Ring shared videos from customer's doorbell cameras with Ukraine-based third-party companies and to all employees, allowing them to share the content too

Daily Mirror

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Roll Call

Experts say AI poses ‘extinction’ level of risk, as Congress seeks legislative response - Roll Call

The latest warning about AI from experts adds to the urgency for a government response from Congress and regulators.

Axios

Clothing retailers want QR codes to replace bulky tags

Digital clothing tags let you scan a QR code for product details.

Tribune News Service

Accused seller of ‘sham’ health insurance paid $100 million for consumer refunds before seeking bankruptcy protection

A Tampa, Florida-based health insurance distributor accused by the Federal Trade Commission of misleading consumers into buying “sham” health insurance plans has filed for Chapter 11 bankruptcy protection.

Reason

The FTC Is Investigating Anti-Competitive Baby Formula Contracts. Bad Federal Policy Is To Blame.

If the FTC wants to know why there's such a notable lack of competition within America's baby formula market, it ought to ask other parts of the federal bureaucracy.

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Tribune News Service

A more aggressive FTC is starting to target drug mergers and industry middlemen

Under the leadership of an aggressive opponent of anti-competitive business practices, the Federal Trade Commission is moving against drug companies and industry middlemen as part of the Biden administration’s push for lower drug prices at the pharmacy counter.

PC Gamer

Activision Blizzard says it's 'committed to the Chinese market' following China's approval of Microsoft acquisition

Activision Blizzard gets a little good news from China for the first time in a while.

Investors Business Daily

Stock Market Rally Hits 2023 Highs As Big Techs Lead; Tesla, Walmart, On Holding In Focus: Weekly Review

The Nasdaq and S&P 500 hit 2023 highs, fueled by AI-led chips and software names. But market leadership remains narrow.

Windows Central

Microsoft's purchase of Activision Blizzard reportedly approved in China

Chinese regulator SAMRA reportedly approved Microsoft's Activision Blizzard purchase for Xbox.

Fortune

Carl Icahn’s activist play plays into the hands of Lina Khan and EU regulators

Every company with acquisition plans in the U.S. and Europe should be concerned about the FTC partnering with EU regulators to sink the Illumina-Grail deal.

Fortune

Scammers cost consumers $8.8 billion last year. Here’s how you can avoid becoming a target

Knowing the common warning signs of fraud can help you stop fraud in its tracks.

Fortune

A fertility app with lots of leaks

The agency says the fertility app Premom deceived users about their data.

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People

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