Tag: Federal Trade Commission (FTC)

Crypto Hacks, Scams Totaled Over Half-a-Billion Dollars for Q2, 2024: Report

Over half a billion dollars of cryptocurrency was stolen in second quarter this year through hacks and scams, with two incidents making up bulk of stolen funds.

Facebook Parent Meta Agrees to Settle Cambridge Analytica Scandal Case for $725 Million

Meta Platforms, Inc. agreed to pay $725 million to resolve class-action lawsuit accusing it of allowing third parties to access users’ personal info.
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Biden Teams Up With Bernie Sanders to Promote Lower Health Care Costs

Biden held a White House meeting on Wednesday to highlight his administration’s continued fight against Big Pharma and efforts to lower prescription drug costs.
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Elon Musk Proves We Got a Bully in the White House!

We have a bully in the White House. His name is Joe Biden and there are countless examples of the last three years that backs this up.
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Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm: FTC

E-commerce giant, Amazon, allegedly deployed a secret algorithm, internally known as "Project Nessie," that raised the prices on its online store, FTC alleged.

US Government, States File Lawsuit Against Amazon for Monopolistic Practices

U.S. government, and 17 states, are suing Amazon for maintaining an alleged monopoly which they claim has resulted in lower product quality and inflated prices.
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Biden Admin Sued for Hiding Documents on ‘Government Targeting’ of Elon Musk and Twitter

A legal group has sued the U.S. Federal Trade Commission for allegedly illegally failing to produce documents that may prove it harassed Elon Musk and Twitter.

Doctor’s COVID-19 Protocol: FTC Suppressed Solution for Recovery

Dr. David Brownstein and colleagues in West Bloomfield, MI remained steadfast in their oath as doctors—to keep their doors open and treat sick COVID-19 patients.
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US Senators Introduce Bill to Rein in Big Tech

U.S. senators introduced new bipartisan bill to rein in power of big tech platforms that have been exploiting consumers' data and threatening national security.
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‘Extraordinarily Sensitive’ Personal Data Handed Over to Meta by Tax-Preparation Firms: Report

Tax-preparation companies shared sensitive personal info of taxpayers with Meta and Big Tech companies like Google, according to report by congressional Democrats.

Rep. Jordan Subpoenas FTC Over Twitter, Musk Investigation

Jim Jordan subpoenaed FTC Chair Lina Khan, stepping up conflict between that agency and House Republicans regarding its approach to Twitter in Elon Musk era.

FTC Orchestrated Aggressive Campaign to Harass Twitter After Elon Musk Takeover: House Panel

House panel investigating weaponization of federal gov. said FTC orchestrated “an aggressive campaign to harass Twitter” as response to Elon Musk’s acquisition.