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FTC reportedly opens antitrust investigation into Microsoft | TechCrunch

November 28, 2024 9:38 AM0


The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial Times. The agency is said to be looking into whether Microsoft violated antitrust law in multiple segments of its business, including its public cloud, AI, and cybersecurity product lines. Of particular interest to the FTC […]

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Software Development in Sri Lanka

Robotic Automations

Uber's subscription service reportedly target of FTC probe | TechCrunch

November 28, 2024 3:38 AM0


The Federal Trade Commission is investigating Uber over whether it broke consumer protection laws by allegedly automatically signing people up for its Uber One subscription service and making it hard to cancel, according to Bloomberg News. The investigation was opened earlier this year after the FTC received customer complaints. Uber told Bloomberg that its cancellation […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

FTC finds that smart device makers fail to make clear how long their products will be supported | TechCrunch

November 27, 2024 2:09 AM0


A new paper from the Federal Trade Commission found that many smart device makers fail to disclose to consumers how long they will provide software updates for their products. The agency looked at 184 different smart devices, ranging from hearing aids to security cameras, and found that nearly 89% of them don’t provide buyers with […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

FTC reportedly begins investigating Microsoft's cloud business practices | TechCrunch

November 15, 2024 5:08 AM0


The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to the Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is […]

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Software Development in Sri Lanka

Robotic Automations

FTC alleges neobank Dave misled customers | TechCrunch

November 13, 2024 12:49 AM0


Welcome to TechCrunch Fintech! This week, we’re looking at neobank Dave’s “misleading marketing” according to a new FTC complaint, Affirm’s launch in the U.K. amid regulatory overhaul, and how Equal aims to combat India’s growing cyberfraud problem. The big story The FTC comes after Dave for “misleading marketing” The FTC is taking action against online […]

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Software Development in Sri Lanka

Robotic Automations

The FTC comes after neobank Dave for misleading marketing, hidden fees | TechCrunch

November 7, 2024 1:46 AM0


The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted their […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

FTC hits Lyft with $2.1M penalty for luring drivers with false earnings claims | TechCrunch

October 26, 2024 3:06 AM0


Lyft has agreed to a $2.1 million settlement proposed by the FTC over the car-hailing company’s “deceptive earnings claims about how much money drivers could expect to make.” As documented in the FTC’s complaint document, Lyft systematically inflated the incomes it advertised to drivers it was attempting to recruit in 2021 and 2022. For instance, […]

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Software Development in Sri Lanka

Robotic Automations

The FTC makes it easier to cancel subscriptions like streaming services, memberships and Prime | TechCrunch

October 25, 2024 1:19 AM0


Soon, it’ll be easier to end recurring subscriptions and memberships — if the FTC has its way. Today, the U.S. Federal Trade Commission announced a final “click-to-cancel” rule that’ll require companies selling subscription-based products to make it “as easy for consumers to cancel their enrollment as it was to sign up.” First put forth for […]

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Software Development in Sri Lanka

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