Post Tagged with: "Federal Trade Commission"

Snapchat Settles Charges With FTC
/ May 8, 2014 4:08 pm
Snapchat Settles Charges With FTC

The New York Times reports that the Federal Trade Commission on Thursday said that Snapchat had agreed to settle charges that the company was deceiving users about the ephemeral nature of the photos and video messages sent through its service. . Read More

FTC Approves Facebook’s Plans to Acquire Oculus
/ April 24, 2014 6:10 pm
FTC Approves Facebook’s Plans to Acquire Oculus

Mashable reports that the U.S. Federal Trade Commission has given Facebook the go-ahead to acquire Oculus VR, the agency said on Wednesday. Facebook announced on March 25 that it had entered into an agreement to acquire Oculus, a virtual reality startup, for $2 billion in cash and stock. . Read More

Report: Google Led Tech Firms in 2013 Lobbying Spending
/ January 23, 2014 4:22 pm
Report: Google Led Tech Firms in 2013 Lobbying Spending

Google spent just over $14 million on lobbying efforts in Washington last year, tops among tech firms, according to record filed with the Clerk of the House this week and reported by public interest group Consumer Watchdog. The figure was actually down 15% from 2012, when the Mountain View-based company was the target of an antitrust investigation by the Federal Trade Commission (FTC). . Read More

Apple to Pay at Least $32.5 Million to Settle FTC Billing Complaint
/ January 15, 2014 11:52 am
Apple to Pay at Least $32.5 Million to Settle FTC Billing Complaint

Apple will pay at least $32.5 million to settle charges from the Federal Trade Commission (FTC) that it billed consumers millions of dollars for in-app purchases made by children without the consent of their parents. According to the complaint, Apple violated the FTC Act by failing to tell parents that by entering a password they were approving a single in-app purchase, as well as 15 minutes of additional unlimited purchases their children could make without further consent. Read More

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WSJ: Google’s Acquisition of Waze Being Reviewed by FTC
/ June 24, 2013 4:37 pm
WSJ: Google’s Acquisition of Waze Being Reviewed by FTC

The Wall Street Journal reports that Google has confirmed that it has been reached by lawyers from the Federal Trade Commission (FTC) about the company’s $1.1 billion purchase of the mobile navigation company Waze, which was completed in mid-June. A Google spokeswoman has refused to talk about details of the antitrust review by the FTC. . Read More

Obama to Name Edith Ramirez as New Chair of the FTC
/ February 28, 2013 12:17 pm
Obama to Name Edith Ramirez as New Chair of the FTC

President Obama plans to name Edith Ramirez as the new chair of the Federal Trade Commission (FTC), a White House official said Thursday. The news comes nearly two weeks after former chair Jon Leibowitz officially stepped down following four years at the helm. . Read More

FTC Settles Charges Against Compete Over Web Tracking Software
/ February 25, 2013 11:24 am
FTC Settles Charges Against Compete Over Web Tracking Software

The Federal Trade Commission (FTC) said on Monday it has settled charges with digital marketing firm Compete following allegations that the company violated federal law by collecting personal information through its web-tracking software without the consent of users. The complaint also alleged that the company took steps that placed consumers at risk, and misrepresented that it would protect the personal data it collected. Read More

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