In a statement the U.S. Federal Trade Commission said, Facebook Inc made “misleading claims” to explain why it had disabled the accounts of researchers studying political ads on its social media platform. Earlier this week on Tuesday, Facebook cut off the personal accounts and access of the New York University researchers citing users’ privacy concerns.…
On Tuesday, a report from the Financial Times states, Nvidia Corp has submitted an application to Chinese competition regulators to review a $40 billion acquisition of UK chip designer Arm. “The application was made in recent weeks and sets in motion a period of scrutiny that could take up to 18 months”, said the report…
According to a document filed in the U.S. District Court in Illinois, China’s ByteDance has agreed to settle a $92 million class-action lawsuit from U.S. TikTok users who had alleged data privacy concerns. ByteDance, TikToko’s owner, has agreed to the settlement after more than a year of litigation. “While we disagree with the assertions, rather…
As per a Bloomberg report citing sources familiar with the matter at hand the U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond its retail operations and now includes its cloud-computing business as well. As per the report, U.S. antitrust enforcers have been asking software companies questions pertaining to Amazon Web…
Robocalls have emerged as the single largest source of complaints to authorities. In a significant development, the attorneys general from 50 U.S. states as well as from the District of Columbia stated, they are joining forces with major U.S. telecommunications providers, including Comcast Corp, AT&T Inc, T-Mobile Us Inc, Verizon Communications Inc, and Sprint Corp…
While the settlement resolves a major regulatory overhead for Facebook, the embattled social media giant still faces potential antitrust probes from the FTC and Justice Department. On Wednesday, in a significant development, the Federal Trade Commission stated, Facebook Inc has agreed to pay $5 billion as part of a sweeping settlement to create a board…
The ruling has significant ramifications for Qualcomm. The U.S. chipmaker has yet to disclose whether it will go on an appeal. In what is likely to be a landmark ruling, a U.S. judged has ruled that Qualcomm Inc has unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose…
Amazon.com’s alleged data collection through its smart speakers of children is in violation of the Children’s Online Privacy Protection Act (COPPA). In a potentially significant development, 4 senators from the United States have urged the Federal Trade Commission to investigate Amazon.com’s smart speaker which target children. Senators Richard Blumenthal, Edward J. Markey, Josh Hawley and…
Facebook’s 150 personal information sharing contracts with tech companies is now under a grand jury scrutiny. Question is can you ever trust Facebook? As per a report by the New York Times, U.S. federal prosecutors are conducting a criminal probe into data deals that Facebook Inc entered into with some of the world’s largest tech…
The court verdict will remain pending if Apple were to go on appeal. Qualcomm has also received a similar ruling from a court in China. A German court ruled has ruled that Apple Inc has infringed on Qualcomm Inc’s hardware patent and said, Cupertino can no longer sell some of its iPhone models in Germany…
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