South Carolina Rep. James Clyburn, one of the most influential Democrats in the country, on Thursday praised Federal Trade Commission Chair Lina Khan’s work, endorsing her continued tenure as the United States’ top antitrust regulator. Clyburn spoke to HuffPost in a joint interview with Khan to tout the FTC’s $48 million settlement this week with … Read more
WASHINGTON — In over three transformative years as the country’s top antitrust regulator, Federal Trade Commission Chair Lina Khan has faced down powerful foes, from private equity titans to tech CEOs and supermarket moguls. But Khan, nominated by President Joe Biden and confirmed by a bipartisan Senate supermajority, now faces adversity from a less familiar … Read more
Many of yesterday’s talks were littered with the acronyms you’d expect from this assemblage of high-minded panelists: YC, FTC, AI, LLMs. But threaded throughout the conversations—foundational to them, you might say—was boosterism for open source AI. It was a stark left turn (or return, if you’re a Linux head) from the app-obsessed 2010s, when developers … Read more
(The Hill) — Adobe made it intentionally difficult for customers to cancel subscriptions to its products including Photoshop, “trapping users” in expensive contracts, the Federal Trade Commission (FTC) alleged in a lawsuit filed Monday. The complaint claims Adobe steered customers toward its “annual paid monthly” subscription option without disclosing cancellation fees that could rise to … Read more
The leaders of a bipartisan panel that is focused on China have sent a letter asking the Federal Trade Commission (FTC) to investigate whether TikTok has violated child protection laws in its efforts to stop the United States from banning the app. The letter, obtained by The Hill and first reported by NBC News, is … Read more
The Federal Trade Commission (FTC) began distributing more than $5 million in refunds to Amazon Ring customers Tuesday, enforcing a settlement with the tech giant over claims that Ring failed to protect consumer privacy. The FTC claimed in a 2023 complaint that Ring allowed employees and contractors improper access to records from the company’s security … Read more
More US workers will soon be free to leave their employers to work for rivals, thanks to a new federal rule that will block the longstanding practice of locking in workers with noncompete agreements. The US Federal Trade Commission on Tuesday issued a final rule that bans most noncompetes nationwide. The agency estimated that by … Read more
The cyberattack on Change Healthcare in February targeted the data of “a substantial proportion of people in America,” UnitedHealth Group (UHG) said this week, with the company confirming it paid a ransom in an effort to protect patient information. “Based on initial targeted data sampling to date, the company has found files containing protected health … Read more
Sen. Elizabeth Warren (D-Mass.) criticized TurboTax on Monday for charging taxpayers for relatively simple tax returns and repeatedly upselling them during the filing process. Ahead of Monday night’s tax deadline, Warren pointed to an example of a sample taxpayer with a “simple filing situation” who would qualify for the IRS’s new Direct File tool, which … Read more
Meta asked a federal judge on Friday to dismiss the Federal Trade Commission’s (FTC) antitrust case against the social media giant, arguing that the agency failed to prove that its acquisitions of Instagram and WhatsApp harmed consumers. “From the very beginning, the FTC has failed to state a plausible claim, and the agency has done … Read more
