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"federal-trade-commission"

  • Meta faces historic antitrust trial, may be forced to spin off Instagram, WhatsApp

    The lawsuit was filed against Meta — then Facebook — in 2020, during Trump’s first term. It claims the company bought Instagram and WhatsApp to squash competition and establish illegal monopoly in social media market
  • US: Amazon antitrust lawsuit likely to be long, arduous journey for Federal Trade Commission

    The Federal Trade Commission's long-awaited antitrust case is the agency's most aggressive move yet to tame the market power of Amazon, a company that's become synonymous with online shopping and fast deliveries
  • US FTC initiates investigation into OpenAI’s ChatGPT data collection practices

    The FTC wants to get detailed information on how OpenAI vets information used in training for its models and how it prevents false claims from being shown to ChatGPT users.
  • Uber admits covering up data breach involving 57 million users

    San Francisco: Uber has admitted that it covered up a massive data breach in 2016 that exposed data pertaining to approximately 57 million users and 600,000 drivers’ license numbers. The ride-hailing platform has entered a non-prosecution agreement with federal prosecutors to resolve a criminal investigation into the coverup of a significant data breach suffered by […]
  • Musk impersonators steal more than $2M in cryptocurrency

    The $2 million figure was revealed in a larger report on cryptocurrency published by the FTC, it added.

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