Ftc

Social media companies collect, share and process vast troves of information about their users while offering little transparency or control, including over how it is used by systems incorporating artificial intelligence, the US Federal Trade Commission said in a report released on Thursday.

The US Federal Trade Commission (FTC) criticised the raised Xbox Game Pass pricing and called the new subscription tier “degraded” in a court filing last week. Now, the Xbox parent has responded to the FTC’s claim and called it “misleading.”

The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.

The US government sued Adobe on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions.

The FTC has reminded people that nobody can guarantee sure shot profits on crypto investments, given the volatile nature of these assets. As part of these rising crypto romance scams, the FTC has warned users about being promised no-risk investments and unconventional methods to wire funds online.

Microsoft has reportedly blocked several keywords from its artificial intelligence (AI)-powered Copilot Designer that could be used to generate explicit images of violent and sexual nature. Keyword blocking exercise was conducted by the tech giant after one of its engineers wrote to the US Federal Trade Commission (FTC) and the Microsoft board of d...

Microsoft shared new details about its plans for Xbox hardware, teasing the next generation of Xbox consoles and providing updates about its gaming business in a special edition of the Official Xbox Podcast Thursday. While the company confirmed that four Xbox-exclusive games would launch on PS5 and Nintendo Switch, it reiterated its commitment to d...

Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant was taking a cautious approach to operations amid mounting antitrust scrutiny.

Xbox head Phil Spencer considered acquiring Nintendo at one point, a leaked email from August 2020 revealed. In it, he claimed that the Mario maker is comfortable with its position in the industry, so any hostile buyout moves would be deemed futile. We also learned that when Microsoft was acquiring Bethesda-owner ZeniMax Media, it was also in discu...

US FTC s expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday. In May, Qualcomm had said it would acquire Israel's Autotalks, a maker of chips used in crash-prevention technology in vehicles, but had not disclosed the terms of the deal.

Amazon.com is set to meet next week with the US Federal Trade Commission (FTC) ahead of a potential long-awaited antitrust lawsuit against the retailer, according to a source familiar with the matter. The company has been criticized for allegedly favouring its own products and disfavouring outside sellers on its platform, among other allegations. A...

The US Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, Politico reported on Tuesday. The complaint could focus on challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites, and policies it believes ...

The US Federal Trade Commission official on Thursday withdrew the agency's case before an in-house judge that sought to block Microsoft's $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction.

Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom's antitrust authority.

Microsoft has been granted a two-month pause on its appeal against the UK's decision to block its takeover of Activision Blizzard. Both the Xbox maker and the UK's Competition and Markets Authority (CMA) had asked a London tribunal to grant a two-month stay as the two parties discussed a modified deal proposed by Microsoft.

Social media companies collect, share and process vast troves of information about their users while offering little transparency or control, including over how it is used by systems incorporating artificial intelligence, the US Federal Trade Commission said in a report released on Thursday.

The US Federal Trade Commission (FTC) criticised the raised Xbox Game Pass pricing and called the new subscription tier “degraded” in a court filing last week. Now, the Xbox parent has responded to the FTC’s claim and called it “misleading.”

The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.

The US government sued Adobe on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions.

The FTC has reminded people that nobody can guarantee sure shot profits on crypto investments, given the volatile nature of these assets. As part of these rising crypto romance scams, the FTC has warned users about being promised no-risk investments and unconventional methods to wire funds online.

Microsoft has reportedly blocked several keywords from its artificial intelligence (AI)-powered Copilot Designer that could be used to generate explicit images of violent and sexual nature. Keyword blocking exercise was conducted by the tech giant after one of its engineers wrote to the US Federal Trade Commission (FTC) and the Microsoft board of d...

Microsoft shared new details about its plans for Xbox hardware, teasing the next generation of Xbox consoles and providing updates about its gaming business in a special edition of the Official Xbox Podcast Thursday. While the company confirmed that four Xbox-exclusive games would launch on PS5 and Nintendo Switch, it reiterated its commitment to d...

Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant was taking a cautious approach to operations amid mounting antitrust scrutiny.

Xbox head Phil Spencer considered acquiring Nintendo at one point, a leaked email from August 2020 revealed. In it, he claimed that the Mario maker is comfortable with its position in the industry, so any hostile buyout moves would be deemed futile. We also learned that when Microsoft was acquiring Bethesda-owner ZeniMax Media, it was also in discu...

US FTC s expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday. In May, Qualcomm had said it would acquire Israel's Autotalks, a maker of chips used in crash-prevention technology in vehicles, but had not disclosed the terms of the deal.

Amazon.com is set to meet next week with the US Federal Trade Commission (FTC) ahead of a potential long-awaited antitrust lawsuit against the retailer, according to a source familiar with the matter. The company has been criticized for allegedly favouring its own products and disfavouring outside sellers on its platform, among other allegations. A...

The US Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, Politico reported on Tuesday. The complaint could focus on challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites, and policies it believes ...

The US Federal Trade Commission official on Thursday withdrew the agency's case before an in-house judge that sought to block Microsoft's $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction.

Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom's antitrust authority.

Microsoft has been granted a two-month pause on its appeal against the UK's decision to block its takeover of Activision Blizzard. Both the Xbox maker and the UK's Competition and Markets Authority (CMA) had asked a London tribunal to grant a two-month stay as the two parties discussed a modified deal proposed by Microsoft.