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Sega's COO says the company is not for sale
Sega is not for sale, according to company COO Shuji Utsumi. The executive told Bloomberg News that the company isn’t open to acquisition talks at the moment, despite rampant speculation that Microsoft was about to purchase Sega. Some of these rumors popped up due to a general consolidation trend in the gaming industry, with big fish gobbling up everything in sight.
FTC sues Amazon for allegedly tricking customers into Prime subscriptions
The FTC has sued Amazon for allegedly fooling customers into Prime subscriptions and making it difficult to cancel.
Microsoft-Activision Blizzard merger temporarily blocked by US judge
A US federal judge has issued an order that temporarily blocks the companies from finalizing their $68.7 billion deal while waiting for the court to decide on the FTC's request for a preliminary injunction.
FTC files injunction to block Microsoft's purchase of Activision Blizzard
The FTC is looking for an injunction to block Microsoft's acquisition of Activision Blizzard.
Microsoft will pay the FTC $20 million to settle charges over collecting children's data
Microsoft will have to pay $20 million to settle charges brought by the Federal Trade Commission (FTC) that the company collected its underage Xbox users' information and retained their data even without their parents' consent.
Amazon will pay $25 million to settle FTC lawsuit over Alexa privacy for kids
Amazon has agreed to pay $25 million to settle FTC claims it violated kids' privacy rights with Alexa.
Amazon settles lawsuit with FTC over Ring doorbell privacy concerns
The $5.8 million settlement is already done.
The FTC wants to ban Meta from profiting from kids' data
The FTC has proposed a blanket ban on monetizing data that Meta collects from users aged under 18. Including users of Facebook, WhatsApp, Instagram or Quest virtual reality headsets.
FTC warns tech companies against AI shenanigans that harm consumers
On Monday, FTC attorney, Michael Atleson, laid out how generative AI systems could be used to violate the FTC Act and what the commission would do to companies found in violation.
FTC fines supplement maker $600,000 for 'review hijacking' Amazon listings
The fine marks the first time the FTC has fined a company for "review hijacking."
OpenAI may have to halt ChatGPT releases following FTC complaint
A complaint to the FTC accuses OpenAI of breaking the law, and wants it to freeze releases of AI systems like ChatGPT.
FTC wants to make it easier for you to cancel subscriptions
The FTC hopes to make it as easy to cancel a subscription online as it is to sign up.
The FTC is investigating Elon Musk's handling of Twitter Blue and the ‘Twitter Files’
The Federal Trade Commission is stepping up its investigation into Twitter, scrutinizing its handling of the launch of Twitter Blue and the "Twitter Files."
FTC moves to ban BetterHelp from sharing mental health data for ad targeting
The FTC says online counseling company BetterHelp shared mental health data with platforms including Facebook and Snapchat for ad targeting purposes.
FTC drops bid to block Meta's acquisition of Within
The FTC has voted to drop its administrative case against the company a few weeks after a federal court denied its request for a preliminary injunction to block the acquisition.
Amazon officially becomes a health care provider after closing purchase of One Medical
Amazon has completed its buyout of One Medical, but officials aren't done investigating the deal.
The FTC is opening a tech-focused office to help it keep up with Silicon Valley
The Federal Trade Commission is opening a dedicated technology office that will place Silicon Valley under more scrutiny and help it stay on top of emerging tech and trends in a fast-moving market.
FTC fines drug discount app for sharing user information to Facebook and Google
This is the first time the agency has taken enforcement action under its Health Breach Notification Rule, which requires vendors of personal health records to notify customers if their data has been breached.
FTC faces setback in bid to block Meta’s acquisition of VR developer Within
The Federal Trade Commission has suffered a setback in its attempt to prevent Meta from buying Supernatural developer Within Unlimited.
FTC asks court to hold Martin Shkreli in contempt for launching new drug company
US District Court Judge Denise Cote imposed a lifetime ban on Shkreli that prohibits him from participating in the pharmaceutical industry early last year.