The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators. Read More
Federal Trade Commission
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Back to news homeCalifornia Files Antitrust Lawsuit Against Amazon
California’s attorney general filed an antitrust lawsuit against Amazon on Wednesday, claiming the retailer stifles competition and increases the prices that consumers pay across the internet.The suit is limited to […]
What we learned when Twitter whistleblower Mudge testified to Congress
A ticking bomb of security vulnerabilities. Covering up security failures. Duping regulators and misleading lawmakers. These are just some of the allegations when Twitter’s ex-security lead turned whistleblower, Peiter Zatko, […]
Beware of Scammers Trying to Capitalize on Student Loan Forgiveness
Shady callers are acting quickly on President Biden’s announcement last week to cancel up to $20,000 in federal student debt for millions of borrowers. As Americans await more details about […]
A Cyberattack Illuminates the Shaky State of Student Privacy
The software that many school districts use to track students’ progress can record extremely confidential information on children: “Intellectual disability.” “Emotional Disturbance.” “Homeless.” “Disruptive.” “Defiance.” “Perpetrator.” “Excessive Talking.” “Should attend […]
F.T.C. Chair Lina Khan Upends Antitrust Standards by Suing Meta
WASHINGTON — Early in her tenure as chair of the Federal Trade Commission, Lina Khan declared that she would rein in the power of the largest technology companies in a […]
F.T.C. Sues to Block Meta’s Virtual Reality Deal as It Confronts Big Tech
WASHINGTON — The Federal Trade Commission on Wednesday filed for an injunction to block Meta, the company formerly known as Facebook, from buying a virtual reality company called Within, potentially […]
The outlook is getting more complicated for Meta’s virtual reality dreams
For an industry that rarely has major news anymore, this was an awfully big week for virtual reality. Unsurprisingly, all of the important data points are related to the industry’s […]
Mark Cuban hasn’t profited from his ‘Shark Tank’ investments
America’s favorite advertisement masquerading as a television show, “Shark Tank,” made Mark Cuban a household name (that is, if you weren’t already a Dallas Mavericks fan). But last week, the […]
FTC hammers Walmart over years of ‘facilitating’ money transfer scams
The Federal Trade Commission is suing Walmart for sitting by while scammers bilked customers out of more than $197 million, the agency alleged in a statement on Tuesday. It’s seeking […]