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Americans lost $2.1 billion to social media scams in 2025, according to a new report from the U.S. Federal Trade Commission (FTC). The agency reports that losses from social media scams have increased eightfold, and that social media scams resulted in higher losses than any other method scammers used to contact consumers. Nearly 30% of…
Andrew Ferguson, the Trump-appointed chair of the Federal Trade Commission, recently expressed concern that “Alphabet’s administration of Gmail is designed to have partisan effects.” In a letter addressed to Alphabet CEO Sundar Pichai, Ferguson pointed to a recent story in the New York Post describing complaints by Targeted Victory (a consulting and PR firm that’s…
A federal judge has granted a preliminary injunction blocking the Federal Trade Commission’s investigation into left-leaning advocacy group Media Matters. Back in 2023, Media Matters published research showing ads from major companies had appeared alongside antisemitic and other offensive content on Elon Musk-owned X. When major advertisers subsequently pulled back from the platform, X sued…
The founder of a spyware company who was banned from the surveillance industry following an earlier data breach is now seeking to undo the ban, according to the Federal Trade Commission. In a notice on Friday, the federal watchdog said Scott Zuckerman sought to rescind or modify the 2021 ban imposed by the FTC on…
Two U.S. senators have requested that the Federal Trade Commission (FTC) investigate Spotify due to allegations that the company bundled its music streaming and audiobook services into a more expensive subscription without obtaining user consent, while also reducing royalty payments to creators in the process. On Friday, June 20, U.S. Senators Marsha Blackburn and Ben…
The Federal Trade Commission (FTC) is warning drug companies against improper patent filings, saying that they could potentially face legal action for doing so. The FTC issued a statement Thursday saying that brand drug manufacturers could be harming competition in the generic market by improperly listing patents in the Food and Drug Administration’s “Orange Book” — a…
Junk fees, billionaire tax: Biden’s plans explained President Joe Biden is pursuing an aggressive economic agenda aimed at boosting worker power, taxing the rich, reducing fees and taking on dominant corporations. But with Republicans in control of the House — and eager to block the president’s wishlist — Biden doesn’t have a pathway to enact…
“‘Fortnite’ maker to pay $520M for allegedly tricking kids into making purchases” Epic Games, the creator of the popular video game “Fortnite,” agreed to pay $520 million to settle allegations that it illegally tricked kids into making online purchases, among other violations, the feds said on Monday. The “Fortnite” publisher will pay a $275 million…
“FTC votes to block Microsoft’s $69B Activision acquisition” The Federal Trade Commission has sued to block Microsoft’s $69 billion deal to buy Activision Blizzard, claiming that the mega-deal would stifle competition in the lucrative video-game industry, sources told The Post. The aggressive clampdown under FTC Chair Lina Khan — a 33-year-old legal prodigy who has…
“Microsoft president Brad Smith to meet with FTC bigs over $69B Activision deal” Mr. Smith is going to Washington — and the hope is to get Microsoft’s $69 billion acquisition of Activision cleared by the feds. Microsoft President Brad Smith is planning to meet with the Federal Trade Commission’s three Democratic members on Wednesday in…