ftc

The Federal Trade Commission (FTC) has made it illegal to buy or sell fake reviews in return for payment. The new rule also outlaws lying about who wrote a review and includes several other measures designed to make reviews more trustworthy. The ... "Trade Regulation Rule on the Use of Consumer Reviews and Testimonials" was approved unanimously by the FTC and, once formally published, will take effect after 60 days. It follows a consultation and review spanning nearly two years. Threats Outlawed The rule is wide-ranging, banning the following actions based on creating, buying or selling a fake ... (view more)

Amazon has agreed to pay a total of $30 million in penalties for privacy violations related to its Ring and Alexa devices, according to an announcement by the Federal Trade Commission (FTC). The penalties consist of $25 million for allegedly ... retaining children's data without deletion and $5.8 million for failing to limit employee and contractor access to Ring security videos. (Source: cnet.com ) The settlements do not require Amazon to make any admission of legal wrongdoing. (Source: theguardian.com ) Amazon Accused of Retaining Kid's Data The FTC accused Amazon of preventing parents from ... (view more)

The Federal Trade Commission (FTC) may put a temporary ban on any new products from Facebook's parent company, Meta. It could also ban Facebook from making any money from data involving children. The FTC says "Facebook has repeatedly violated its ... privacy promises." Those promises came in a 2020 agreement when Facebook promised to change its behavior. That agreement, which included a $5 billion civil penalty, came after Facebook allegedly breached the terms of a previous agreement from way back in 2012. (Source: ftc.gov ) Kids Could Chat to Strangers According to the FTC, an independent ... (view more)

A company that manipulated Amazon listings to deceive customers has been fined $600,000. It's the first time the Federal Trade Commission (FTC) has punished a business for "review hijacking." The Bountiful Company sells a range of nutritional ... supplements. According to the FTC it listed more than 1,000 products on Amazon. (Source: ftc.gov ) One of the tactics it used took advantage of the way Amazon groups "variation" products. This is meant to cover situations such as an identical t-shirt that's available in multiple colors, or a medicine that's available in different size bottles. ... (view more)

The Federal Trade Commission (FTC) has fined Twitter $150 million for unlawfully giving personal data to advertisers. The fine is so high because Twitter breached a settlement in a 2011 case. Back then, hackers broke into Twitter and were able to ... access personal information, including messages that users had set as private. The FTC said then that Twitter had misled users by making promises about how secure and private they kept user data. At that time, Twitter escaped any penalty but accepted a "consent agreement" to settle the case. That wasn't an admission of wrongdoing, but did mean ... (view more)

US regulators want new rules on when companies - particularly tech firms - can merge. They say existing rules aren't designed to cover businesses that offer free services to consumers. Traditionally one of the key questions in approving or blocking ... mergers is whether it reduces competition to the point that consumers no longer benefit from price competition. The rules have only been updated once since 1984. Regulators say even that review in 2010 is now outdated as the tech world has changed so much. In particular, they point to the way many tech giants offer free services to the public and ... (view more)

The Federal Trade Commission (FTC) has voted unanimously to enforce "right to repair" laws. The rules should make it harder for manufacturers to maintain monopolies over fixing gadgets such as phones. The FTC follows an executive order from the ... President that covered economic competition issues in general but included a specific reference to smartphones. (Source: theverge.com ) The moves aim to tackle companies such as phone makers which either block or restrict third-party companies or device buyers from carrying out repairs. This involves a range of tactics such as refusing to supply ... (view more)

Millennials are much more likely to be scammed out of money online or over the phone than retirees according to FTC figures. However, an elderly victim is likely to lose a much bigger sum. The figures come from analysis of Federal Trade Commission ... (FTC) data by Atlas VPN. They found that in almost every age group, more people have been scammed so far this year than in the same period last year, but the average loss is lower. That could simply be scammers making smaller demands because they know many people have less disposable cash this year. (Source: atlasvpn.com ) Elderly Targeted By Phone ... (view more)

Facebook is to stop treating user's phone numbers as a way to target advertising and recommend friends. Critics said the practice undermined a key security measure. The company says it wasn't collecting the numbers directly from phones or the ... Facebook app. Instead, users provided the number when taking advantage of two factor authentication. With this set-up, it means that if a user tries to log in to Facebook on a new device or from a new location, Facebook sends a security code by text message to the number on file. The user then has to type the code in to Facebook before they can login ... (view more)

Twitter has apologized for using customer security contact details for advertising purposes. Its underwhelming announcing has gone down badly with privacy groups and could have legal consequences. The blunder involved Twitter's advertising services, ... specifically tools called "Tailored Audiences" and "Partner Audiences." It works like this: advertisers upload their own marketing lists of email addresses and phone numbers to Twitter, along with an ad. Twitter then compares the marketing list to its own database of customers. It then shows the ad only to people who appear on ... (view more)