FTC

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Security, Compliance Executives Quit Twitter

FTC warns company, which risks violating consent decree

(Newser) - Federal regulators expressed alarm Thursday after several privacy and security executives resigned from Twitter. Those leaving include the chief information security officer, chief privacy officer, and chief compliance officer, the Washington Post reports. The news was met with a warning from the Federal Trade Commission, which said it could take...

FTC: Pro-Trump Firm's 'Made in USA' Apparel Made in China

Agency fines Lions Not Sheep, owner $200K for phony labels

(Newser) - If you're going to put "Made in USA" labels on your products, you'd better make sure they're actually made in the USA. That's the message the Federal Trade Commission hopes to convey to one pro-Donald Trump apparel company that it just fined more than $200,...

FTC Sues Intuit: Stop Saying TurboTax Is Free

FTC says ads mislead consumers

(Newser) - The Federal Trade Commission is suing TurboTax maker Intuit, saying its ads for “free” tax filing misled consumers, the AP reports. Intuit says it will fight the suit. The consumer protection agency said Tuesday that millions of consumers cannot actually use the free tax-prep software option—two-thirds of tax...

FTC Orders Walmart, Amazon to Explain 'Sky-High Prices'

9 companies asked to turn over information on supply chain woes

(Newser) - Walmart, Amazon, and Kroger will have 45 days to answer to the Federal Trade Commission for their "empty shelves and sky-high prices." With the holiday shopping season now underway, the FTC has ordered nine large retailers, wholesalers, and suppliers including Procter & Gamble Co., Tyson Foods, Kraft Heinz...

Apple Flips on Right to Repair, Will Sell Parts to Consumers

Program to start with iPhone 12 and 13 next year, then add Macs

(Newser) - In a victory for the right-to-repair movement, as well as owners of Apple products, the company soon will permit DIY repairs. Apple announced Wednesday that it will provide instructions on home repairs, as well as start selling more than 200 parts and the necessary tools, the Verge reports. Until now,...

Biden Questions Oil Companies' Math
Biden Questions
Oil Companies' Math

Biden Questions Oil Companies' Math

President wants investigation into why pump prices are up when costs are down

(Newser) - President Biden wonders why the cost of producing gasoline is dropping while prices at the pump are rising. Maybe "illegal conduct" is to blame, he wrote the chair of the Federal Trade Commission on Wednesday, asking Lina Khan to investigate oil and gas companies and "bring all of...

Broken Hearts, Empty Wallets: Seniors Catfished for $139M

FTC report says there was a 'surge' in 2020 in romance scams bamboozling Americans 60 and over

(Newser) - Last month, the Department of Justice announced money laundering and wire fraud charges brought against nearly a dozen "romance scammers," and that's only scratching the surface of what the Washington Post calls a "surge" in such deceptions made worse by the pandemic, especially for the senior...

FTC Is Investigating McFlurry Machines

Company accuses manufacturer of 'multimillion-dollar repair racket'

(Newser) - McDonald's notoriously finicky McFlurry machines may be in violation of antitrust law, Gizmodo reports, based on a new investigation by the Federal Trade Commission. The agency is investigating why the machines so often fail amid a legal fight between the manufacturer, which has a monopoly on repairs, and a...

How MoviePass Tried to Keep Users From Seeing Movies

FTC outlines deceptive practices after offer of unlimited movies

(Newser) - MoviePass promised unlimited movie tickets for $9.95 a month, but the result was altogether different. Executives made it very difficult for people to actually use the service, forcing password resets, installing surprise limits on accounts, and exposing personal data, according to the FTC . "MoviePass and its executives went...

FTC Sues Huge Dating Site for Alleged Fraud
FTC Accuses
Match.com
of Fraud

FTC Accuses Match.com of Fraud

But site calls the claims 'outrageous'

(Newser) - Catch someone's eye on Match.com? That someone was often a scammer, and the company knew it—at least according to an FTC lawsuit filed Wednesday, TechCruch reports. The FTC claims Match.com lured possible subscribers with emails saying another user was interested, after flagging that user as a...

The FTC Is Probing Juul
The FTC Is Probing Juul

The FTC Is Probing Juul

Specifically, the vaping company's marketing practices, reports the 'Wall Street Journal'

(Newser) - Juul has long been blamed for contributing to a rise in teen vaping—from 2017 to 2018, the habit jumped 78%—and now the e-cigarette company is under investigation by the Federal Trade Commission, according to sources who spoke to the Wall Street Journal . The FTC is reportedly attempting to...

Facebook Hit With Biggest FTC Fine Ever for Tech Firm

Company slammed with $5B penalty over privacy; Zuckerberg escapes serious personal liability

(Newser) - Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business—but they're only holding CEO Mark Zuckerberg personally responsible in a limited fashion. The fine is the largest the Federal Trade Commission has levied on a tech company, though...

FTC Votes 3-2 to Hit Facebook With $5B Penalty

Settlement caps privacy investigation

(Newser) - The Federal Trade Commission has voted to approve a roughly $5 billion settlement with Facebook over its handling of user privacy. The agreement, which probably would include restrictions on Facebook, caps a lengthy investigation, the Wall Street Journal reports. The commissioners voted 3-2 along party lines, with the majority Republicans...

Facebook’s FTC Fine Could Be Massive

The FTC has been investigating possible privacy violations

(Newser) - Facebook said it could face a fine of up to $5 billion as the result of an investigation by the Federal Trade Commission, the AP reports. The agency has been investigating Facebook for possible privacy violations, but has not announced any findings yet. The company set aside $3 billion in...

Regulators May Go After Zuckerberg Personally

Facebook and FTC discuss new oversight of CEO

(Newser) - Federal regulators are considering ways to hold Mark Zuckerberg responsible for Facebook's handling of its users' personal information. Possible new oversight of the CEO has been discussed by FTC officials and Facebook as part of the government's investigation into how the networking site uses the data, the Washington ...

Love Seekers Lost $143M to Scammers in 2018: FTC

That's more than any other type of consumer fraud found by the agency last year

(Newser) - If you wanted the Federal Trade Commission's take on Valentine's Day, here it is: Beware of getting scammed seeking love online. The warning comes via the agency's latest revelation, which cites more than 21,000 reports of people getting swindled by internet "paramours" in 2018, NPR...

How to Lose Your Life Savings on Amazon
How to Lose Your
Life Savings on Amazon
longform

How to Lose Your Life Savings on Amazon

Matt Behdjou and Mike Gazzola insist their methods are sound

(Newser) - Ever buy a plastic wine aerator on Amazon? If so, you may have done business with a couple who lost their life savings and are mad as hell—at marketers who told them Amazon-selling was a good idea, Alana Semuels writes for the Atlantic . "It's a scam,"...

Sarah Palin Really Wants You to Drink This 'Skinny Tea'

But did she get paid as an 'influencer' to promote it on Instagram?

(Newser) - Move over, Beyonce and Dwayne Johnson : There's apparently a new Instagram influencer in town. That would be Sarah Palin, per CNN , who only showed up on the social media platform in October, yet already has more than 26,000 followers and has now taken to promoting a "skinny"...

FTC Is Now on Ashley Madison's Case

New CEO says they're 'truly sorry' for the site messing up people's lives

(Newser) - Two new executives at cheaters dating site Ashley Madison are offering up a mega-mea culpa for last year's hack -and- leak of user information, but that's likely not going to stem the flow of issues its parent company is now facing, including class-action lawsuits and an investigation by...

Search Engine Shows Your Baby's Webcam
 'Creepy' 
 Search Engine 
 Taps Into 
 Private Webcams 
in case you missed it

'Creepy' Search Engine Taps Into Private Webcams

How to secure the Internet of Things?

(Newser) - Ever wonder how hackable your private webcams are? Not only are they hackable, a search engine exists that has a section devoted to unsecured webcam images, showing everything from cribs to kitchens to private laboratories, Ars Technica reports. Called "creepy" by Quartz , the Shodan search engine can access webcams...

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