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The Latest Breaking News from FTC

Meta: We’re not-so-big tech now

The company's big stock drop and competition from TikTok gives it new defenses against the charge of monopoly.

Axios

FTC reviewing Amazon's $1.7 billion deal to buy iRobot

The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition of iRobot

The Independent UK

First Amendment Limits on State Laws Targeting Election Misinformation, Part II

An overview of state efforts to combat election misinformation.

Reason

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read the most diverse news in one place.

Is OPEN Stock a Smart Buy Around $4?

Opendoor Technologies (OPEN) announced a multiyear agreement with Zillow Inc. (ZG) to expand its operational capabilities. However, the stock is trading 83% below its 52-week high, indicating a bearish sentiment. Given the company’s negative profit margins and bleak growth prospects, would it be worth buying the stock at the current…

StockNews.com

Whistleblower details foreign agents placed at Twitter, lack of data safeguards

WASHINGTON — Peiter Zatko, the former Twitter security chief who turned whistleblower, told the Senate Judiciary Committee on Tuesday that the social media company’s security practices were so weak that foreign governments were able to place agents on the company’s payroll.

Tribune News Service

Whistleblower details foreign agents placed at Twitter, lack of data safeguards - Roll Call

Peiter Zatko, Twitter's former security chief, tells lawmakers about the company giving employees easy access to user data.

Roll Call

Twitter whistleblower unlikely to spur congressional action - Roll Call

The Senate Judiciary hearing from a Twitter whistleblower isn't a prelude to congressional action regarding tech platforms.

Roll Call

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EXPLAINER: Why Twitter's former security head is testifying

Peiter Zatko, the former Twitter security chief who’s accused the company of negligence with privacy and security in a whistleblower complaint will testify before Congress on Tuesday

The Independent UK

Twitter whistleblower bringing security warnings to Congress

Peiter “Mudge" Zatko, the Twitter whistleblower who is warning of security flaws, privacy threats and lax controls at the social platform, will take his case to Congress on Tuesday

The Independent UK

The Federal Trade Commission vs. the Internet

Data collection is not the same as surveillance.

Reason

FTC expands Amazon investigation to include healthcare and robotics buyouts

Amazon's acquisitions of One Medical and iRobot have the FTC more invested than ever in the case.

Input

Credit Karma will pay $3 million to users targeted with false preapproved offers

The FTC order came after nearly a third of Credit Karma users who were told they qualified for preapproved credit card offers were actually turned down, wasting their time and hurting credit scores.

WEKU

The Elder Scrolls 6: everything we know about the next return to Tamriel

The Elder Scrolls 6 is still very far away, but we've collected all the news and rumors while we wait.

PC Gamer

FTC investigating Amazon's $3.9B purchase of One Medical

The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal

The Independent UK

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Benzinga

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Asharq Al-Awsat

Microsoft's Activision Blizzard Deal Gets Global Scrutiny

Microsoft’s plan to buy video game giant Activision Blizzard for $68.7 billion could have major effects on the gaming industry, transforming the Xbox maker into something like a Netflix for video games by giving it control of many more popular titles. But to get to the next level, Microsoft must…

The Independent UK

Microsoft's Activision Blizzard deal gets global scrutiny

Input

FTC sues data broker for selling sensitive location data

Idaho-based Kochava has allegedly sold location data traceable to reproductive health clinics and domestic violence shelters.

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The Independent UK

Horseracing panel's nationwide power questioned in court

The future of a new authority tasked with developing and enforcing nationwide horseracing rules is at stake in cases argued before a federal appeals court in New Orleans

Mic

This company is allegedly selling data that could be used to punish abortion seekers

Kochava is being sued by the FTC because of it.

The Conversation

FTC lawsuit spotlights a major privacy risk: From call records to sensors, your phone reveals more about you than you think

The Federal Trade Commission filed suit against Kochava Inc. on Aug. 29, 2022, accusing the data broker of selling geolocation data from hundreds of millions of mobile devices. Consumers are often unaware that their location data is being sold and that their past movements can be tracked, according to the…

The Independent UK

FTC accuses data broker of selling sensitive location data

Federal regulators have sued a data broker they accuse of selling sensitive geolocation data from millions of mobile devices

The Guardian - US

Data company sued by US government amid fears of sensitive location tracking

The lawsuit against data broker Kochava seeks to halt the sale of geolocation data from hundreds of millions of devices

The Independent UK

Walmart seeks to dismiss lawsuit by FTC over money transfers

Walmart has filed a motion to dismiss a lawsuit by the Federal Trade Commission that accuses the retailer of allowing its money-transfer services to be used by scam artists

The Independent UK

Federal government sues firm that sold location data tracking visits to abortion clinics

Lawsuit alleges company’s mobile device data can pinpoint visits to abortion providers, then trace that device to user’s home and workplace

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