#ftc

#ftc

Nvidia's $5 billion Intel stock purchase is already worth $7.58 billion, turning the recently approved bailout of its rival into a shrewd financial play. Nvidia had locked in a purchase price of $23.28 per share for Intel when Nvidia CEO Jensen Huang and Intel CEO Lip-Bu Tan struck a deal in September. The deal had been under scrutiny by the U.S. Federal Trade Commission, which was examining whether Nvidia's potential 4 percent ownership stake could run afoul of antitrust laws.

The EC also said it preliminarily found that both Meta and TikTok violated their DSA obligation to grant researchers adequate access to public data. "The Commission's preliminary findings show that Facebook, Instagram and TikTok may have put in place burdensome procedures and tools for researchers to request access to public data. This often leaves them with partial or unreliable data, impacting their ability to conduct research, such as whether users, including minors, are exposed to illegal or harmful content," the announcement said.

As a fitness professional, you are driven by a genuine passion for helping people live healthier, stronger, and more confident lives. Your marketing is an extension of that passion, a way to share your expertise and inspire potential clients to take the first step on their own fitness journey. But in our enthusiasm to share the incredible benefits of fitness, it's crucial to remember that health and wellness advertising is a regulated industry.

On Thursday, the Federal Trade Commission ordered several tech companies to cough up information about how they test, make, distribute and monetize their AI chatbots. ChatGPT's maker, San Francisco-headquartered OpenAI, is one target of the FTC's order. The inquiry also includes Google's parent company, Snapchat's parent company, Instagram and its owner Meta, Elon Musk's xAI, and the popular chatbot-maker Character.AI.

Late last week, the Federal Trade Commission (FTC) announced that the agency was acceding to decisions by U.S. regional circuit courts vacating the agency's Biden Administration-era rule banning noncompete clauses from U.S. employment contracts and preventing their enforcement. While some lawmakers have decried the decision to end this rule, the FTC also issued a request for information (RFI) as the Trump Administration seeks to develop a case-by-case enforcement approach for cracking down on noncompete abuses.

A White House official said in July ahead of appealing the case that the Supreme Court has previously upheld Trump's "authority to fire and remove executive officers who exercise his authority." Context: A federal judge ruled in July that it's illegal to fire Slaughter. The Trump administration had asked the court to delay the ruling during its appeal in the case. However, the appeals court ruled that presidents can only remove FTC commissioners for "inefficiency, neglect of duty, or malfeasance in office."

"My understanding from recent reporting is that Gmail's spam filters routinely block messages from reaching consumers when those messages come from Republican senders but fail to block similar messages sent by Democrats," Ferguson wrote. He warned Alphabet that if Gmail's filters "keep Americans from receiving speech they expect, or donating as they see fit, the filters may harm American consumers and may violate the FTC Act's prohibition of unfair or deceptive trade practices," adding this could lead to "an FTC investigation and potential enforcement action."

"I am concerned that these actions by foreign powers to impose censorship and weaken end-to-end encryption will erode Americans' freedoms and subject them to myriad harms, such as surveillance by foreign governments and an increased risk of identity theft and fraud," Ferguson wrote in the letters, the statement added.

Between November 1, 2022, and December 30, 2023, a group of three individuals allegedly used a network of websites to purchase over 379,776 tickets from Ticketmaster, spending $57 million. They resold those tickets for nearly $64 million.

The US Court of Appeals for the Eighth Circuit vacated the Federal Trade Commission's "click to cancel" rule in its entirety last month, forcing companies to reconsider their subscription and automatic renewal models.

It says nothing at all in the [Consent] Order about stopping these agencies from using third-party ratings services like NewsGuard to block media like Newsmax and other conservative companies.

According to the Central District of California U.S. Attorney's Office, a California man was indicted on 13 counts of wire fraud for scamming dating app users out of $2 million.