Amazon’s cloud business facing antitrust scrutiny from FTC

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…

50 state attorney general to collaborate with telecom firms to combat unwanted calls

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…

Facebook to pay $5 billion fine as part of a sweeping settlement with the FTC

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…

Qualcomm’s licensing practices are in violation of U.S. antitrust law – court ruling

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 smart speaker business coule be probed by FTC

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 data deals with Microsoft, Apple and Amazon under grand jury scrutiny

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…