Tag: Federal Trade Commission

Equifax Doesn’t Want You to Get Your $125. Here’s What You Can Do.

Equifax had one job — keep its vast trove of personal financial information on millions of Americans secure. In 2017, the company failed spectacularly at that job when a hack compromised the information of more than 147 million people. This July, Equifax settled a lawsuit with the Federal Trade Commission in response to that failure […]

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House Antitrust Panel Seeks Documents From 4 Big Tech Firms

A House committee investigating Amazon, Apple, Facebook and Google over possible antitrust violations on Friday sent the four companies detailed requests for documents, emails and other communications. House investigators are seeking information on the big technology companies’ businesses, acquisitions and conduct in digital markets including internet search, advertising and e-commerce. The formal requests for information […]

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Popular YouTube Toy Review Channel Accused of Blurring Lines for Ads

Can young viewers tell the difference between advertisements and product reviews on the popular YouTube channel Ryan ToysReview? The watchdog group Truth in Advertising says no. On Wednesday it filed a complaint with the Federal Trade Commission, accusing the channel’s administrators of deceiving children through “sponsored videos that often have the look and feel of […]

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F.T.C. Fines Google $170 Million for Violating Children’s Privacy on YouTube

Google on Wednesday agreed to pay a record $170 million fine and to make changes to protect children’s privacy on YouTube, as regulators said the video site had knowingly and illegally harvested personal information from youngsters and used that data to profit by targeting them with ads. The measures were part of a settlement with […]

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YouTube Said to Be Fined Up to $200 Million for Children’s Privacy Violations

The Federal Trade Commission has voted to fine Google $150 million to $200 million to settle accusations that its YouTube subsidiary illegally collected personal information about children, according to three people briefed on the matter. The case could have significant repercussions for other popular platforms used by young children in the United States. The settlement […]

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Marriott and Hilton Sued Over ‘Resort Fees,’ Long a Bane for Travelers

The hotel charges known as resort fees are again under scrutiny — this time, from state attorneys general. Travelers loathe the mandatory — and consumer watchdogs say, confusing — fees, which vary by location and by the services they purport to cover. Some hotels charge the fees for Wi-Fi and gym access, while others may […]

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State Attorneys General Said to Be Near Formal Investigation of Tech Companies

The state attorneys general in more than a dozen states are preparing to begin an antitrust investigation of the major tech companies, according to two people briefed on the discussions, increasing pressure on the firms. The bipartisan group of attorneys general has not yet issued civilian subpoenas — known as civil investigative demands — to […]

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How Facebook Is Changing to Deal With Scrutiny of Its Power

SAN FRANCISCO — Senator Elizabeth Warren has called for the breakup of big tech companies like Facebook. Regulators have opened investigations into Facebook’s power in social networking. Even one of Facebook’s own founders has laid out a case for why the company needs to be split up. Now the world’s biggest social network has started […]

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Skip Cash for Equifax Breach and Get Credit Monitoring, F.T.C. Tells Victims

Overwhelmed by requests from consumers seeking compensation related to the giant 2017 data breach at the credit bureau Equifax, the Federal Trade Commission is recommending that people accept free credit monitoring rather than cash. In a blog post published on Wednesday, the agency announced that because of the high volume of requests, the F.T.C. would […]

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Equifax Claims May Not Get You $125

Even during its public shaming, Equifax has found a way to rub it in the face of the tens of millions of people whose privacy it violated. Last week Equifax settled a lawsuit against the Federal Trade Commission for up to $700 million — in response to a 2017 hack that compromised the information of […]

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Privacy Group Files Legal Challenge to Facebook’s $5 Billion F.T.C. Settlement

A prominent public interest research group is challenging the Federal Trade Commission’s $5 billion privacy settlement with Facebook in court, calling it an unjustified victory for the tech giant and a bad deal for hundreds of millions of consumers who depend on its services. On Friday, the group, the Electronic Privacy Information Center, filed a […]

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A $5 Billion Fine for Facebook Won’t Fix Privacy

The Federal Trade Commission issued a $5 billion fine against Facebook on Wednesday. It’s an eye-popping number for sure, one that blows previous fines out of the water. It’s a number that makes for impressive headlines, but it is largely meaningless. Facebook posted $15 billion in revenue last quarter, at which point it announced that […]

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Facebook Says F.T.C. Has Opened Formal Antitrust Investigation

SAN FRANCISCO — Facebook said on Wednesday that it was informed by the Federal Trade Commission last month that the agency had opened an antitrust investigation into the company and its business practices. The social network disclosed the investigation in its quarterly earnings announcement. While the F.T.C. was known to be looking into Facebook antitrust […]

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F.T.C. Orders Facebook to Add Oversight of Data Practices

SAN FRANCISCO — Facebook on Wednesday was ordered to create new layers of oversight for its collection and handling of users’ personal data by the Federal Trade Commission, as the agency detailed a privacy settlement with the social network that signals Washington’s newfound energy in reining in powerful technology companies. As part of the agreement, […]

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We Need a New Government Agency to Fight Facebook

In just the last month the Federal Trade Commission has brokered settlements with Facebook, Google and Equifax over data breaches and mishandling of consumer information. If you squint, it looks a bit like justice served. For its data management sins Equifax must pay $300 million to a fund for affected consumers with the potential for […]

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Justice Department Opens Antitrust Review of Big Tech Companies

The Justice Department said on Tuesday that it would start an antitrust review into how powerful internet companies had accumulated market power and whether they had acted to reduce competition, in another threat to the growing power of America’s technology giants. The Justice Department did not name specific companies in a news release announcing the […]

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Start-Up Says It’s Changing Eye Care for the Better. Others See It Differently.

The colorful ads on Facebook and Instagram promise a fantastic bargain: “Stop overpaying for contact lenses. Get 30 contacts delivered to your door for ONLY $1.” Captions like “wow” and “what a steal” splash across images of teal containers and lenses perched on fingertips, urging consumers to act fast. This social media marketing has been […]

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Intel Executive: Rein In Data Brokers

Did you know that your personal information is available online to anyone with $10? This isn’t some illegal, dark-web transaction. It’s a service provided by the online data-broker industry, which mines addresses, phone numbers and other personal information, and legally sells that information to anyone who pays. At best, this practice is disturbing. Sometimes, it […]

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