Us Federal Trade Commission Investigation
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Microsoft Faces Broad Antitrust Investigation From US Federal Trade Commission
The US Federal Trade Commission has opened an antitrust investigation of Microsoft Corporation, drilling into everything from the company's cloud computing and software licensing businesses to cybersecurity offerings and AI products.
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US Regulators Target Microsoft, OpenAI Violations In AI Antitrust Probe
The US Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry.
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Indian Man Accused Of Cheating US Citizen, Cryptocurrency Worth Rs 7.7 crore Seized
He allegedly convinced the victim that his account on Amazon was being accessed by unscrupulous elements, and that his social security was being used from four different states to open accounts on the e-commerce platform.
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Amazon Said to Meet US FTC Next Week Ahead of Potential Antitrust Lawsuit: Details
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...
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US Regulator Investigating ChatGPT Over Bad Content
The US Federal Trade Commission is investigating OpenAI to determine if its hugely popular ChatGPT app harms consumers by generating false information and whether its technology mishandles user data.
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US FTC Opens Investigation Into ChatGPT Maker OpenAI, Claims Firm Broke Consumer Protection Laws: Report
The US Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the Washington Post reported on Thursday.
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CFTC Investigators Find Crypto Lender Celsius, Former CEO Guilty of Breaking US Rules: Report
Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius Network and its former chief executive officer broke US rules before the firm’s implosion. Attorneys in the regulator's enforcement unit reportedly determined that Celsius misled investors and should have registered with the regulator.
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US House Panel Critical of Twitter Privacy Investigation to Question FTC Chair at Hearing
US Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday.
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US FTC Investigating Several Crypto Firms Over 'Possible Misconduct' Concerning Digital Assets
The US Federal Trade Commission (FTC) has opened investigations into several cryptocurrency firms over "possible misconduct" related to digital assets. The US regulator's investigation is linked to misleading advertising according to a report.
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US Lawmakers Accuse Elon Musk Of "Undermining Twitter", Urge Antitrust Probe
Seven Democratic senators sent a letter to the Federal Trade Commission, warning that Twitter, now owned by Elon Musk, was acting in disregard for users and urging the agency to investigate any breach of a consent decree that FTC has with Twitter.
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US Senators Push for Limits on Law Enforcement's Purchase of Warrantless Cellphone Tracking Tools
US Senators and civil rights lawyers are pushing for a law that would limit the ability of law enforcement in the US to purchase and use tools to track users using their cellphones, sometimes without a search warrant. Earlier this month, it was reported that US police departments were using a tool called "Fog Reveal" search hundreds of billions of ...
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Jeff Bezos, Andy Jassy Ordered by US FTC to Testify in Amazon Prime Investigation
Amazon found Jeff Bezos and CEO Andy Jassy have been ordered by the US Federal Trade Commission (FTC) to provide testimony in probe into the company's Amazon Prime subscription service. The FTC began investigating the sign-up and cancellation practices of Amazon Prime, which has an estimated 200 million members around the globe, on March 2021. The ...
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Amazon Claims ‘Overly Broad and Burdensome’ FTC Probe of Amazon Prime Service Hounding Jeff Bezos, Others
Amazon has petitioned the US Federal Trade Commission (FTC) asking it to cancel, or extend the deadline for answering, subpoenas sent to former CEO Jeff Bezos and current CEO Andy Jassy. The e-commerce giant is facing an FTC probe into its Amazon Prime service, which is investigating the sign-up and cancellation practices of Amazon Prime starting i...
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Coinbase Insider Trading: Two Indians Brothers, Houston Man Charged in First Crypto Insider Trading Case
The US Securities and Exchange Commission has charged three persons with insider trading charges, in what the agency has called the first cryptocurrency insider trading scheme. Two Indian brothers Ishan and Nikil Wahi, and Houston resident Sameer Ramani were charged with wire fraud conspiracy and wire fraud in connection with a scheme to commit ins...
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US Senators Ask FTC to Probe TikTok for ‘Repeated Misrepresentations’ Over US Data Access
Two US Senators have called on the Federal Trade Commission (FTC) to investigate social media app TikTok and Chinese parent ByteDance, following a report saying the short video app permitted TikTok engineers and executives in China to repeatedly access private data of US users. "TikTok has never shared US user data with the Chinese government, nor ...
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Microsoft Faces Broad Antitrust Investigation From US Federal Trade Commission
The US Federal Trade Commission has opened an antitrust investigation of Microsoft Corporation, drilling into everything from the company's cloud computing and software licensing businesses to cybersecurity offerings and AI products.
-
US Regulators Target Microsoft, OpenAI Violations In AI Antitrust Probe
The US Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry.
-
Indian Man Accused Of Cheating US Citizen, Cryptocurrency Worth Rs 7.7 crore Seized
He allegedly convinced the victim that his account on Amazon was being accessed by unscrupulous elements, and that his social security was being used from four different states to open accounts on the e-commerce platform.
-
Amazon Said to Meet US FTC Next Week Ahead of Potential Antitrust Lawsuit: Details
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...
-
US Regulator Investigating ChatGPT Over Bad Content
The US Federal Trade Commission is investigating OpenAI to determine if its hugely popular ChatGPT app harms consumers by generating false information and whether its technology mishandles user data.
-
US FTC Opens Investigation Into ChatGPT Maker OpenAI, Claims Firm Broke Consumer Protection Laws: Report
The US Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the Washington Post reported on Thursday.
-
CFTC Investigators Find Crypto Lender Celsius, Former CEO Guilty of Breaking US Rules: Report
Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius Network and its former chief executive officer broke US rules before the firm’s implosion. Attorneys in the regulator's enforcement unit reportedly determined that Celsius misled investors and should have registered with the regulator.
-
US House Panel Critical of Twitter Privacy Investigation to Question FTC Chair at Hearing
US Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday.
-
US FTC Investigating Several Crypto Firms Over 'Possible Misconduct' Concerning Digital Assets
The US Federal Trade Commission (FTC) has opened investigations into several cryptocurrency firms over "possible misconduct" related to digital assets. The US regulator's investigation is linked to misleading advertising according to a report.
-
US Lawmakers Accuse Elon Musk Of "Undermining Twitter", Urge Antitrust Probe
Seven Democratic senators sent a letter to the Federal Trade Commission, warning that Twitter, now owned by Elon Musk, was acting in disregard for users and urging the agency to investigate any breach of a consent decree that FTC has with Twitter.
-
US Senators Push for Limits on Law Enforcement's Purchase of Warrantless Cellphone Tracking Tools
US Senators and civil rights lawyers are pushing for a law that would limit the ability of law enforcement in the US to purchase and use tools to track users using their cellphones, sometimes without a search warrant. Earlier this month, it was reported that US police departments were using a tool called "Fog Reveal" search hundreds of billions of ...
-
Jeff Bezos, Andy Jassy Ordered by US FTC to Testify in Amazon Prime Investigation
Amazon found Jeff Bezos and CEO Andy Jassy have been ordered by the US Federal Trade Commission (FTC) to provide testimony in probe into the company's Amazon Prime subscription service. The FTC began investigating the sign-up and cancellation practices of Amazon Prime, which has an estimated 200 million members around the globe, on March 2021. The ...
-
Amazon Claims ‘Overly Broad and Burdensome’ FTC Probe of Amazon Prime Service Hounding Jeff Bezos, Others
Amazon has petitioned the US Federal Trade Commission (FTC) asking it to cancel, or extend the deadline for answering, subpoenas sent to former CEO Jeff Bezos and current CEO Andy Jassy. The e-commerce giant is facing an FTC probe into its Amazon Prime service, which is investigating the sign-up and cancellation practices of Amazon Prime starting i...
-
Coinbase Insider Trading: Two Indians Brothers, Houston Man Charged in First Crypto Insider Trading Case
The US Securities and Exchange Commission has charged three persons with insider trading charges, in what the agency has called the first cryptocurrency insider trading scheme. Two Indian brothers Ishan and Nikil Wahi, and Houston resident Sameer Ramani were charged with wire fraud conspiracy and wire fraud in connection with a scheme to commit ins...
-
US Senators Ask FTC to Probe TikTok for ‘Repeated Misrepresentations’ Over US Data Access
Two US Senators have called on the Federal Trade Commission (FTC) to investigate social media app TikTok and Chinese parent ByteDance, following a report saying the short video app permitted TikTok engineers and executives in China to repeatedly access private data of US users. "TikTok has never shared US user data with the Chinese government, nor ...
