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The Latest Breaking News from FTC

Universal ‘chasing arrows’ recycling symbol could be dumped in US

Biden officials consider whether symbol, created for first Earth Day in 1970, is misleading because of use on non-recyclable material

The Guardian - US

Dow Jones Breaks Support As President Biden Makes This Debt-Ceiling Move; Elon Musk Says Tesla Will 'Try' This

The Dow fell below its 50-day as President Biden signaled a debt-ceiling deal isn't close. Elon Musk said the Tesla Cybertruck is coming.

Investors Business Daily

Advertising watchdog slams Roblox because of paid-for influencers shilling Robux without disclosure 'children can understand'

PC Gamer

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Satya Nadella: 'Wait for it all to play out' when asked about pulling out of the UK over Xbox-ABK deal

As the storied effort of Microsoft to acquire Activision Blizzard continues and theories fly left and right, we've got some additional commentary from Microsoft CEO Satya Nadella regarding the situation.

Windows Central

Monopoly concerns push FTC to sue to block Amgen's more than $26B deal for Horizon

Federal regulators are suing to block biotech drug developer Amgen’s more than $26 billion deal for Horizon Therapeutics

The Independent UK

UK watchdog denies it blocked Microsoft deal on orders of US regulator

CEO of Competition and Markets Authority tells MPs decision not to allow acquisition of Activision Blizzard based on ‘own analysis’

The Guardian - UK

Horizon Tumbles — Taking Seagen, Prometheus With It — As FTC Blocks Amgen Takeover

The FTC plans to block Amgen's takeover of Horizon. The move reverberated across biotechs, with an HZNP stock crash leading the way.

Investors Business Daily

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EU approves Microsoft’s takeover of Activision Blizzard

But UK regulator the CMA, which blocked the deal, hits back over European decision on acquisition of Call of Duty maker

The Guardian - UK

European Commission approves Microsoft's Activision Blizzard purchase for Xbox

The European Commission has chosen whether or not to allow Microsoft's purchase of Activision Blizzard.

Windows Central

Parties Spar at FCC as Standard General-Tegna Financing Deadline Looms

Former FCC, FTC chairs employed to pitch deal decision

Multichannel News

Watch out - that urgent PayPal email could be a phishing scam

A pair of crypto-related phishing email scams are making the rounds - here's what you need to know.

TechRadar

From dealing with Musk to fixing Twitter Blue: what’s in the next CEO’s in-tray?

Elon Musk has announced he will step down as chief executive and has appointed Linda Yaccarino

The Guardian - UK

Cybertoonz goes to the FTC

The willingness of Lina Khan's FTC to pursue untested -- and sometimes unlikely -- legal theories has been the subject of much sober commentary. But really, what fun is sober commentary? So here's the Cybertoonz take on the FTC's new litigation strategy. And, again, many thanks to Bing's Image Creator,…

Reason

Kevin Trudeau fans still pony up millions to support pitchman convicted of fraud

The FTC — owed $37 million — is investigating whether Kevin Trudeau is hiding millions. His fan club raised $3 million from people who admire his teachings.

Chicago Sun-Times

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GamesRadar

EU regulators reportedly expected to approve Microsoft Activision deal next week

This would be a big win for Microsoft after several setbacks

Tom’s Guide

FTC issues warning over urgent emails from PayPal — it’s a phishing scam

The FTC is warning users about a new phishing scam that uses urgent emails from PayPal and MetaMask to trick users.

Reason

How worried should we be about "existential" AI risk?

Episode 456 of the Cyberlaw Podcast

Al Jazeera

A David vs Goliath battle unfolding in the dating app industry

Muzz, a relationship app for Muslims, has accused dating giant Match Group of trying to ‘stifle’ it.

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Newsroom.co.nz

Imposing health fixes without asking what's working in the community

You can spend a lot of time and money designing health systems when often what is really needed is just funding for what is already there, says Rob Campbell

Salon

FTC watchdogs are coming for Facebook

Accused of breaking its $5 billion promise, Facebook is on the backfoot

Fortune

Lina Khan says that decades-old lessons from IBM could guide the way the government regulates A.I. today

The champion of hipster antitrust points to the past for for how A.I. disruption can be “for the benefit of all.”

The Guardian - UK

UK’s competition watchdog aims for leading global role

Ruling against Microsoft Activision merger looks like warning shot as CMA takes on task of regulating big tech after Brexit

The Independent UK

Horse racing poised for new antidoping, medication rules

Horse racing’s new antidoping and medication control program has stumbled out of the starting gate

TV Tech

FTC Proposes Ban on Facebook Monetizing Youth Data

FTC said Facebook violated a 2020 privacy order and proposes new protections for children and teens

Fortune

Breaking down the FTC’s bombshell Meta accusations

The regulatory agency wants to ban the Facebook and Instagram parent company from monetizing minors’ data.

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