Tag: Federal Trade Commission

The Case for Investigating Facebook

A year ago, the world learned that Facebook allowed a political consulting company called Cambridge Analytica to exploit the personal information of up to 87 million users, to obtain data that would help the company’s clients “fight a culture war” in America. Since then, a torrent of reports has revealed that the Cambridge Analytica scandal […]

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Facebook’s Data Deals Are Under Criminal Investigation

Federal prosecutors are conducting a criminal investigation into data deals Facebook struck with some of the world’s largest technology companies, intensifying scrutiny of the social media giant’s business practices as it seeks to rebound from a year of scandal and setbacks. A grand jury in New York has subpoenaed records from at least two prominent […]

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Companies Falsely Labeled Products ‘Made in U.S.A.’ Their Financial Penalty? $0

WASHINGTON — Patriot Puck, a New York-based company, wrapped its hockey pucks in American flags, declaring them “The Only American Made Hockey Puck!” The mattress firm Nectar Sleep, founded by Silicon Valley entrepreneurs, promoted their mattresses as “designed and assembled in the U.S.A.” Two California-based manufacturers of deployment bags, tactical […]

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Facebook Settlement With F.T.C. Could Run Into the Billions

WASHINGTON — Facebook and the Federal Trade Commission are discussing a settlement over privacy violations that could amount to a record, multibillion-dollar fine, according to three people with knowledge of the talks. The company and the F.T.C.’s consumer protection and enforcement staff have been in negotiations over a financial penalty […]

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F.T.C. Is Said to Be Considering Large Facebook Fines

WASHINGTON — The Federal Trade Commission is in the advanced stages of its investigation into whether Facebook violated privacy rules and is expected to seek large fines from the company, according to two people familiar with the inquiry. The five members of the commission met in mid-December to discuss the […]

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Facebook Rebuked for Failing to Disclose Data-Sharing Deals

Facebook and some of the other largest technology firms in the world faced sharp criticism on Wednesday for failing to disclose the extent of its data-sharing deals, many of which went back to the social network’s early years. Details of the deals, revealed in a New York Times report on […]

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You Should Have the Right to Sue Apple for Antitrust Violations

On Nov. 26, the Department of Justice argued before the Supreme Court in the case Apple v. Pepper, that the millions of us who have bought iPhone applications through Apple’s App Store — the only way the company offers to buy an app for the device — are not really […]

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Whitaker’s Ascent at Justice Dept. Surprised Investigators of Firm Accused of Fraud

WASHINGTON — As Federal Trade Commission lawyers investigated a Miami company accused of defrauding thousands of customers last year, they were stunned to learn about a new job for a figure in their inquiry, Matthew G. Whitaker: He had been named chief of staff to Attorney General Jeff Sessions. “You’re […]

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The Monopolization of America

The popular telling of the Boston Tea Party gets something wrong. The colonists were not responding to a tax increase. They were responding to the Tea Act of 1773, which granted a tea monopoly in the colonies to the well-connected East India Company. Merchants based in the Americas would be […]

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Acting Attorney General Sat on Board of Company Accused of Bilking Customers

WASHINGTON — Matthew G. Whitaker, the acting attorney general, served on the advisory board of a Florida company that a federal judge shut down last year and fined nearly $26 million after the government accused it of scamming customers. The company, World Patent Marketing, “bilked thousands of consumers out of […]

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Worried About the I.R.S. Scam? Here’s How to Handle Phone Fraud

Lee Meyer, a retired New York City schoolteacher, recently began getting strange telephone calls on weekday afternoons. A woman claiming to be a Treasury Department official left a message and a phone number, Mr. Meyer said, telling him he needed to settle a “tax-fraud charge” or else he would be hauled in front of a […]

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How E.U.’s Google Fine Explains High Cellphone Costs in the U.S.

Advertisement In the past two decades, antitrust enforcement in the United States has been much less strict than in Europe. By Luigi Zingales Mr. Zingales is a co-host of the podcast Capitalisn’t. July 24, 2018 Google’s headquarters in Zurich, Switzerland on January 1, 2018 in Zurich, Switzerland.CreditS3studio/Getty Images The knee-jerk reaction to the European Union’s […]

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Microsoft Urges Congress to Regulate Use of Facial Recognition

Amid a growing call for regulations to limit the use of facial recognition technology, Microsoft on Friday became the first tech giant to join the chorus. In a lengthy blog post about the potential uses and abuses of facial recognition, Bradford L. Smith, the company’s president, compared the technology to products like medicines and cars […]

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In Twitter Purge, Top Accounts Lose Millions of Followers

Many celebrities, politicians and so-called social media influencers found their Twitter followings knocked down a few digits on Thursday as the company slashed tens of millions of suspicious accounts from users’ followers. For example, the actor Ashton Kutcher, an active member since the company’s early days who led many other celebrities to embrace the platform, […]

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Ending the Dead-End-Job Trap

It’s the American dream: We’re supposed to improve ourselves, get a better job, move on and up. But in too many instances, secret agreements between employers are stifling workers’ ability to parlay their hard work and experience into better-paying jobs and a chance to climb the career ladder. On Thursday, the attorney general of Washington […]

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Facebook Faces Broadened Federal Investigations Over Data and Privacy

WASHINGTON — Facebook said on Monday that it faced an expansion of federal investigations into its sharing of user data with the political consulting firm Cambridge Analytica, with more government agencies inquiring about the matter and examining the social network’s statements about the incident. The Justice Department and the Federal Bureau of Investigation have each […]

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The FBI, FTC and SEC are joining the Justice Department’s inquiries into Facebook’s Cambridge Analytica disclosures

An alphabet soup of federal agencies are now poring over Facebook’s disclosures and the company’s statements about its response to the improper use of its user information by the political consultancy Cambridge Analytica. The Federal Bureau of Investigation, the Federal Trade Commission and the Securities and Exchange Commission have joined the Justice Department in examining […]

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Pressure mounts on EU-US Privacy Shield after Facebook-Cambridge Analytica data scandal

Yet more pressure on the precariously placed EU-US Privacy Shield: The European Union parliament’s civil liberties committee has called for the data transfer arrangement to be suspended by September 1 unless the US comes into full compliance. Though the committee has no power to suspend the arrangement itself. But has amped up the political pressure on […]

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FTC files formal complaint against major telemarketing operation

Spam calls are the worst. In March, the Federal Communications Commission issued a warning about the “scourge” of scam robocalls and caller ID spoofers, and last month imposed hefty fines against a number-spoofing spam caller. Now, the Federal Trade Commission has filed a formal complaint against a large-scale telemarketing operation. In its filing, the FTC […]

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Can Facebook Be Cut Down to Size?

Throughout its history, Facebook has adamantly argued that it treats our data, and who has access to it, as a sort of sacred trust, with Zuckerberg & Company being the trustees. Yet at the same time, Facebook has continued to undermine privacy by making it cumbersome to opt out of sharing, trying to convince users […]

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Facebook data misuse firm snubs UK watchdog’s legal order

The company at the center of a major Facebook data misuse scandal has failed to respond to a legal order issued by the U.K.’s data protection watchdog to provide a U.S. voter with all the personal information it holds on him. An enforcement notice was served on Cambridge Analytica affiliate SCL Elections last month and the deadline […]

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