Month: August 2020
New York and California are reportedly helping the FTC investigate Amazon
Amazon could soon have another problem on its hands. According to Bloomberg, New York attorney general Letitia James is partnering with her counterpart in California and the Federal Trade Commission to investigate the online retailer. Bloomberg repor… Source
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President Trump withdraws FCC renomination after 5G controversy
President Trump has withdrawn the nomination of FCC Commissioner Michael O’Rielly, a six-year FCC veteran who was expected by many to be renewed for a third term, as first reported by Reuters. The withdrawal comes less than a week after Sen. Jim Inhofe (R-OK) placed a hold on the nomination…
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Twitter faces $250 million FTC fine for misusing emails and phone numbers
Twitter said that the Federal Trade Commission may soon fine it up to $250 million for improper use of users’ phone numbers and email addresses. The potential fines would come for violations of Twitter’s 2011 agreement with the FTC to no longer mislead consumers about how it protects their personal…
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The Department of Justice is reviewing TurboTax maker Intuit’s $7.1 billion purchase of its free competitor
Intuit’s $7.1 billion purchase of Credit Karma earlier this year is now subjected to review by the US Department of Justice. The department is concerned about possible antitrust issues if Intuit — owner of TurboTax, QuickBooks, and Mint — is allowed to take over a former rival that offered free…
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Prosecutors are investigating Amazon’s treatment of third-party sellers
The New York and California attorneys general, along with the Federal Trade Commission, plan to investigate Amazon’s online Marketplace platform, Bloomberg News reported on Monday. The agencies are going to interview witnesses jointly on conference calls over the next few weeks, in what Bloomberg suggests may be the beginnings of…
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Dish buys Ting Mobile to expand its wireless business
Dish is adding another piece to its small but growing wireless business. On Monday, the company announced a deal to acquire the customer base of mobile virtual network operator (MVNO) Ting Mobile from Tucows. As part of the agreement, the latter will… Source
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