ftc
The Microsoft–Activision deal may be in jeopardy. According to the New York Times, the Federal Trade Commission has filed an antitrust lawsuit to block Microsoft’s acquisition of the popular video game-maker. The tech giant announced the $69 billion deal at the top of the year, claiming the move would expand its Xbox Cloud Gaming service and help it compete with leading […]
ComplexCon returns to Long Beach Nov. 6 – 7 with hosts J. Balvin and Kristen Noel Crawley, performances by A$AP Rocky and Turnstile, and more shopping and drops. Secure your spot while tickets last! Buy tickets In a peculiar new finding by the Federal Trade Commission on the tobacco industry, it appears as though cigarette sales […]
The United States Federal Trade Commission is tackling one of the biggest mysteries plaguing humankind: Why are McDonald’s McFlurry machines always broken? According to the Wall Street Journal, the FTC is trying to get to the bottom of the issue that has caused so much frustration—and, at times, amusement—for countless McDonald’s customers. Just a quick search on social media, and it becomes […]
Nike takes its talents back to South Beach with the anticipated return of 2010’s “South Beach” LeBron 8 acting as the highlight of this week’s sneaker releases calendar. Releases kick off on Tuesday with the limited “K.O.D./Solar Red” Clot x Air Max 1. On Wednesday, the “South Beach” LeBron 8 retro and FTC x Nike SB […]
The Federal Trade Commission will reportedly review Amazon’s proposed $8.45 billion acquisition of MGM, according to The Wall Street Journal. This comes after new chairwoman Lina Khan, who has previously called for tamping down Amazon’s power, was sworn in to head the FTC. The FTC, as well as the Justice Department, wields the authority when it comes to […]
Former MoviePass executives reached a settlement with the Federal Trade Commission on Monday over accusations the company deceived its customers in an effort to prevent them from utilizing the service as it was initially marketed. The settlement stipulates that MoviePass, its parent company Helios and Matheson Analytics, as well as former MoviePass CEO Mitch Lowe and former MoviePass Chairman Ted Farnsworth are “barred from misrepresenting their […]
On Monday, New York state and federal authorities made public a lawsuit against currently imprisoned “Pharma Bro” Martin Shkreli over shady business practices which will seek (in part) to ban him for life from the pharmaceuticals industry. The suit is also looking for financial relief and penalties, though specific figures weren’t available for those. Shkreli […]
The Federal Trade Commission has settled federal privacy charges against YouTube. While the terms of the settlement are vague, Google will reportedly pay fines between $150 to $200 million, according to The Verge. The charges derived from data collection and targeting practices by YouTube, which consumer groups claimed breached the Children’s Online Privacy Protection Act. Details of the […]
The Federal Trade Commission has issued a scam alert that concerns Netflix users. According to a FTC blog post Wednesday, authorities have identified a phishing email that requests customers’ updated payment details. The bogus email features the Netflix logo and states the company is “having some trouble with your current billing information”. It then invites users […]
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