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The Federal Trade Commission (FTC) sent a letter to Mark Zuckerberg regarding the company’s removal of NYC’s Ad Observatory from the platform. The letter was written by Acting Director of the Bureau of Consumer Protection, Samuel Levine. Facebook posted on its Newsroom that it had disabled the accounts, apps, Pages, and platform access associated with NYU’s Ad Observatory Project and
The Federal Trade Commission (FTC) unanimously voted to ramp up law enforcement against repair restrictions that prevent small businesses, workers, consumers, and even government entities from fixing their own products. This decision essentially puts the “right to repair” in place. The Commission voted 5-0 to approve the policy statement during an open Commission meeting that was live streamed to its
The U.S. Senate has confirmed Lina Khan as the commissioner of the Federal Trade Commission. The Verge reported that the vote was 69-28. This gives Democrats a majority on the FTC. Lina Khan has filled a vacancy left by Republican appointee Joseph Simons who resigned in January. The Verge pointed out that Lina Khan’s confirmation comes while Congress is “preparing
The Federal Trade Commission posted a warning about cryptocurrency investment scams. The information includes descriptions of how crypto scammers work - and how to avoid being scammed. According to the FTC, “scammers are taking advantage of people’s understanding (or not) of cryptocurrency investments, and how they work. And younger people are losing big.” The FTC’s new data spotlight shows that
The Federal Trade Commission (FTC) announced that it has imposed a historic penalty $5 billion penalty and significant requirements on Facebook to boost accountability and transparency. Facebook Inc. will pay a record-breaking $5 billion penalty, and submit to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about its user's privacy
The Federal Trade Commission (FTC) announced that the operators of the video social networking app Musical.ly (now known as TikTok) have agreed to pay $5.7 million to settle FTC allegations that the company illegally collected personal information form children. This is the largest civil penalty ever obtained by the FTC in a children's privacy case. The FTC's complaint (which filed
Nobody likes robocallers, including the Federal Trade Commission. Last year, in October, the FTC launched the Robocall Challenge. The purpose was to have innovators create solutions that would block illegal robocalls. The winners have now been announced. Nomorobo won for “Best Overall Solution”. Say the name Nomorobo out loud, and it sounds a lot like “no more robo”. It was