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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, […]

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


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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