FTC investigates Amazon’s acquisition of One Medical
Amazon wants to acquire One Medical for $3.9 billion, but the FTC is investigating the deal before agreeing to move forward.
Amazon recently announced the $3.9 billion acquisition of One Medical. The Federal Trade Commission (FTC) has requested Amazon for further data as they investigate the ac... Read more
Jailbreak bug in John Deere tractors drives right-to-repair wave
A hacker managed to jailbreak John Deere's software and hijack its vehicles by bypassing digital security locks.
John Deere is an agricultural vehicle manufacturing company that produces tractors, among others. A new jailbreak allows hackers to bypass digital security locks enforced by tractor m... Read more
Broadcom in antitrust scrutiny chair again
Broadcom is under scrutiny by the United States Federal Trade Commission due to the allegations by customers that they force exclusive deals.
Broadcom, an American manufacturer, developer, designer, and worldwide supplier of a range of infrastructure and semiconductor software products, is yet a... Read more
Microsoft acquisition of Activision under scrutiny from FTC
Bloomberg News reported late on Monday that the US antitrust review of Microsoft's $68.7 billion proposed acquisition of Activision Blizzard Inc., the maker of Call of Duty will be handled by the Federal Trade Commission (FTC). The report cited someone familiar with the matter.
The FTC, not the ... Read more
‘Social media fraudsters pocketed 690 million euros’
95,000 US residents fell victim to social media fraud in 2021. The total damage amounts to 770 million dollars (690 million euros).
The Federal Trade Commission (US market watchdog) shares the news in a report. One in four of all fraud victims was misled by an ad or post on social media. The com... Read more
Failed to patch Log4j? You might be risking a million-dollar penalty
The US Consumer and Market Authority (Federal Trade Commission) is threatening fines of hundreds of millions of dollars for American organizations that fail to patch Log4j.
On December 9, Alibaba's cloud security team disclosed a vulnerability in Log4j. The wildly popular Java library is applied... Read more
FTC is examining AWS for competition issues
Amazon Web Services has the highest market share, even surpassing Google Cloud and Microsoft Azure. The FTC is looking into if Amazon is favoring the companies it is working with and punishing those working with its competitors.
Why is the US Federal Trade Commission examining AWS?
The US Fed... Read more
US regulator FTC wants to block Nvidia’s acquisition of ARM
The US regulator Federal Trade Commission wants to block the acquisition of ARM by Nvidia and is taking the matter to court. It reasons that Nvidia stands to gain the ability to block its competitors from using important technology through the acquisition.
Nvidia's aspired acquisition of British... Read more
FTC wants to know how Facebook, Twitter, and TikTok use personal data
The Federal Trade Commission is looking for information from Twitter, Facebook, and other social media or video streaming companies about personal user data. The US agency announced on Monday that it sent out orders for information.
The orders requesting data were sent to Facebook, Twitter... Read more
Zoom to enhance security as part of proposed U.S. agreement with FTC
The Federal Trade Commission has said that Zoom Video Communications must apply a new information security program as part of its recommended settlement with United States regulators concerning user privacy issues.
There were no financial obligations mentioned in the resolution, but FTC warned t... Read more