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Articles for Ftc, search results for meta

Trump names Andrew Ferguson as head of Federal Trade Commission
1 week, 5 days ago

Trump names Andrew Ferguson as head of Federal Trade Commission

Deccan Chronicle  

Washington: President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” …

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Billionaire Trump supporter Elon Musk calls for firing of FTC chair Lina Khan
1 month, 3 weeks ago

Billionaire Trump supporter Elon Musk calls for firing of FTC chair Lina Khan

Raw Story  

The world's richest man on Thursday joined the billionaire chorus calling for the firing of Federal Trade Commission chair Lina Khan, a consumer and antitrust champion whose aggressive actions against corporate consolidation have made her a target of prominent executives and Republicans in Congress. "She will be fired soon," Elon Musk, a billionaire supporter of Republican nominee Donald Trump, wrote …

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Meta cannot delay U.S. FTC from reopening privacy probe, court says
8 months, 3 weeks ago

Meta cannot delay U.S. FTC from reopening privacy probe, court says

The Hindu  

Meta Platforms cannot delay the U.S. Federal Trade Commission from reopening a probe into alleged privacy failures by its Facebook unit while the company pursues a lawsuit challenging the agency's authority, a U.S. court ruled Friday. The same appeals court panel on March 12 denied a separate request by Meta in a related case to pause the FTC’s probe, which …

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Why is Meta suing the U.S. Federal Trade Commission? | Explainer
1 year ago

Why is Meta suing the U.S. Federal Trade Commission? | Explainer

The Hindu  

The story so far: Usually competition regulators investigate trade practices, sue corporations, and levy penalties on them. Meta spokesperson Andy Stone shared a statement on May 3 on X, in which he called the FTC’s action a “political stunt” and claimed the regulator did not allow Meta to discuss the agreement. “Let’s be clear about what the FTC is trying …

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Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case
1 year ago

Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case

The Hindu  

The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18. In a lawsuit filed late Wednesday in federal court in Washington, D.C., Meta Platforms Inc. said it …

Sec Ftc 2020 Privacy Parent Meta
Facebook parent Meta sues the FTC claiming ‘unconstitutional authority’ in child privacy case
1 year ago

Facebook parent Meta sues the FTC claiming ‘unconstitutional authority’ in child privacy case

Associated Press  

MENLO PARK, Calif. — The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18. In a lawsuit filed late Wednesday in federal court in Washington, D.C., Meta …

Sec Meta Ftc
Facebook parent Meta sues FTC, claiming ‘unconstitutional authority’ in child privacy case
1 year ago

Facebook parent Meta sues FTC, claiming ‘unconstitutional authority’ in child privacy case

LA Times  

Meta, the parent company of Instagram and Facebook, has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company. In a lawsuit filed late Wednesday in federal court in Washington, D.C., Meta Platforms said it is challenging “the structurally unconstitutional authority exercised by the FTC” in reopening the privacy …

Sec Meta Facebook Ftc Child Privacy
3 tax prep firms shared ‘extraordinarily sensitive’ data about taxpayers with Meta, lawmakers say
1 year, 5 months ago

3 tax prep firms shared ‘extraordinarily sensitive’ data about taxpayers with Meta, lawmakers say

Associated Press  

WASHINGTON — Three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over the course of at least two years, a group of congressional Democrats reported on Wednesday. In a letter to the heads of the IRS, the Department of Justice, the Federal Trade Commission and the IRS watchdog, seven …

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Today’s Cache | EU’s AI code draft; Amazon settles privacy violation allegations; Meta threatens to block news in California
1 year, 6 months ago

Today’s Cache | EU’s AI code draft; Amazon settles privacy violation allegations; Meta threatens to block news in California

The Hindu  

EU’s AI code draft EU’s tech chief, Margrethe Vestager, said she believed a draft code of conduct on artificial intelligence could be drawn up within weeks allowing the industry to commit to a final proposal “very soon”. Amazon settles privacy violation allegations Amazon agreed to pay $25 million to settle FTC allegations that it violated a child privacy policy and …

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FTC proposes ban on Meta profiting from minors’ data
1 year, 7 months ago

FTC proposes ban on Meta profiting from minors’ data

The Hindu  

The U.S. Federal Trade Commission on Wednesday accused Meta's Facebook of misleading parents about protections for children and proposed tightening an existing agreement on privacy to include a ban on making money from minors' data. Specifically, the FTC said Facebook misled parents about how much control they had over who their children had contact within the Messenger Kids app and …

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Microsoft's bid to buy games giant faces triple anti-trust threat
1 year, 8 months ago

Microsoft's bid to buy games giant faces triple anti-trust threat

The Hindu  

Depending on which side you're on, tech giant Microsoft is either the hero fighting to bring some of the most popular video games to more people, or the villain on the brink of killing competition in the sector. Microsoft would have to comply since removing all of its products from British users would mean losing a huge market, Anne Witt, …

Games British Microsoft Cma Ftc Call Of Duty Witt
U.S. FTC asks social media, video streaming firms for data on misleading ads
1 year, 9 months ago

U.S. FTC asks social media, video streaming firms for data on misleading ads

The Hindu  

The U.S. Federal Trade Commission on Thursday issued orders to eight social media and video streaming firms including Meta Platforms Inc., Twitter, TikTok, and YouTube, seeking information on how the platforms screen for misleading Snap, Amazon.com Inc.-owned Twitch, Pinterest, and Instagram are the other companies which are all required to provide information such as ad revenue and number of views …

Social Media Ftc
Meta to buy VR startup Within after favorable court ruling
1 year, 10 months ago

Meta to buy VR startup Within after favorable court ruling

Associated Press  

A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural. The FTC had argued that Meta’s acquisition of the small company — reminiscent of Facebook’s early purchases of Instagram and WhatsApp — would hurt competition in the emerging virtual …

Reality Company Meta Ftc Virtual Davila Vr Fitness
U.S. antitrust agency preparing lawsuit against Amazon
1 year, 10 months ago

U.S. antitrust agency preparing lawsuit against Amazon

The Hindu  

The U.S. Federal Trade Commission is preparing a possible antitrust lawsuit against e-commerce giant Amazon.com Inc., the Wall Street Journal reported on Friday, citing people familiar with the matter. It could not be determined exactly which aspects of Amazon's businesses the FTC would target and the timing of any case was uncertain, according to the report. Amazon in December reached …

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Meta CEO Mark Zuckerberg takes witness stand in FTC case
2 years ago

Meta CEO Mark Zuckerberg takes witness stand in FTC case

Associated Press  

SAN JOSE, California — Mark Zuckerberg, the CEO of Facebook’s parent company Meta, took the witness stand Tuesday in a trial over U.S. antitrust regulators’ effort to stop the tech giant from buying a virtual reality startup called Within Unlimited. If the deal is allowed to go through, the Federal Trade Commission argues, it would violate antitrust laws and dampen …

Fitness Market Case Company App Mark Meta
Meta CEO Mark Zuckerberg testifies in FTC case to block virtual-reality deal
2 years ago

Meta CEO Mark Zuckerberg testifies in FTC case to block virtual-reality deal

Live Mint  

Facebook parent Meta Platforms Inc. CEO Mark Zuckerberg took the witness stand Tuesday in a case in which the Federal Trade Commission is seeking to prevent the social-media company from acquiring a virtual-reality startup. The FTC is seeking an injunction blocking Meta’s planned acquisition of Within Unlimited Inc., the company behind the popular virtual-reality fitness game “Supernatural." Mr. Zuckerberg said …

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FTC didn’t stop Facebook-Instagram. How about Meta-Within?
2 years ago

FTC didn’t stop Facebook-Instagram. How about Meta-Within?

Associated Press  

SAN JOSE, California — Facebook parent Meta is sparring with government regulators in federal court over its pending acquisition of a virtual reality fitness company Within Unlimited CEO Mark Zuckerberg is expected to testify as a witness at the trial in San Jose, California. At issue is whether Meta’s acquisition of the small company that makes a VR fitness app …

Market Virtual Reality Reality App Instagram Meta Facebook
Meta battles U.S. antitrust agency over future of virtual reality
2 years ago

Meta battles U.S. antitrust agency over future of virtual reality

The Hindu  

The Biden administration on Thursday accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. The FTC sued in July to stop the deal, saying Meta's acquisition of Within would "tend to create a monopoly" …

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FTC challenges Meta acquisition of VR company in court
2 years ago

FTC challenges Meta acquisition of VR company in court

Associated Press  

Federal regulators opened their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company Thursday in a San Jose, California, courtroom. In a landmark legal challenge to a Big Tech merger, the Federal Trade Commission has sued to prevent Meta’s acquisition of Within Unlimited and its fitness app Supernatural, asserting it would hurt competition and violate antitrust laws. “Meta …

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Meta junked its app, buying Within to cut competition in VR market: US agency
2 years, 1 month ago

Meta junked its app, buying Within to cut competition in VR market: US agency

Hindustan Times  

The US Federal Trade Commission said Meta Platforms Inc. stifled competition when it halted plans to build its own virtual reality fitness app and opted to buy Within Unlimited Inc. instead. “Meta itself had the intentions to enter - and thus was a reasonably probable entrant into - the VR Dedicated Fitness App market,” the agency said in a court …

Fitness Market Competition Reality App Deal Meta
Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power
2 years, 1 month ago

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power

LA Times  

Meta CEO Mark Zuckerberg announces the new name for his company, formerly Facebook, in October 2021. Back in the prehistoric era — in 2012, when Facebook staged one of the most hyped initial public stock offerings of all time — I warned the company’s newly minted shareholders that they had become wedded to Mark Zuckerberg. The stock reached its all-time …

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Zuckerberg to testify in U.S. case against Facebook’s virtual reality deal
2 years, 1 month ago

Zuckerberg to testify in U.S. case against Facebook’s virtual reality deal

The Hindu  

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission that argues the company's proposed deal to buy virtual reality content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District Of California on Friday, the FTC listed 18 witnesses it plans to question, including …

Facebook Zuckerberg Ftc Proposed Deal Deal Meta
Mark Zuckerberg to testify in US case against Facebook's virtual reality deal
2 years, 1 month ago

Mark Zuckerberg to testify in US case against Facebook's virtual reality deal

Hindustan Times  

Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission that argues the company's proposed deal to buy virtual reality content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District Of California on Friday, the FTC listed 18 witnesses it plans to question, including …

Mark Facebook Zuckerberg Mark Zuckerberg Ftc Deal Meta
Meta CEO Mark Zuckerberg to testify in US case against Facebook’s VR deal
2 years, 1 month ago

Meta CEO Mark Zuckerberg to testify in US case against Facebook’s VR deal

Live Mint  

Meta Platforms Inc Chief Executive Officer Mark Zuckerberg to testify in a case by the Federal Trade Commission that argues the company's proposed deal to buy virtual reality content maker Within Unlimited should be blocked. In a court document filed with US District Court Northern District Of California on Friday, the FTC listed 18 witnesses it plans to question, including …

Meta Facebook Zuckerberg Ftc Metaverse