AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
Apr 23 2024
News
Biden administration finalizes nationwide ban on noncompetes as Chamber of Commerce vows to fight ‘blatant power grab’
The Biden administration on Tuesday finalized a rule making it easier for workers to leave their jobs for better ones, in a move intended to boost competition and raise workers’ pay. The Federal Trade Commission barred so-called noncompete agreements, under which employees agree not to work for certain other businesses after leaving a current employer. The agreements, which are often presented
FortuneApr 24 2024
News
Lina Khan's noncompete ban is on firmer ground than her past overreach
The FTC took action to ban noncompete agreements yesterday, arguing they suppress wages and discourage competition. The rule would be a dramatic change in the U.S. business environment—if it survives court challenges from business groups. I’ve criticized Chair Lina Khan for overreach on antitrust issues, but she may be on stronger ground on this. You can read more here. Separately, I’m
FortuneJul 13 2023
News
SPECIAL REPORT: Celsius Network’s Alex Mashinsky Is Arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender
CoinDeskJun 22 2023
News
The FTC thinks cancelling an Amazon Prime subscription should feel easier than fighting a 10-year war
The US Federal Trade Commission (FTC) yesterday (June 21) accu sed Amazon of signing customers up for its Prime subscription program without consent, and sabotaging their attempts to cancel for years. And it apparently took inspiration from Homer’s Iliad to do it. Between 2016 and April 2023, Amazon put in cumbersome processes to thwart subscribers from doing so, the FTC alleges. “Fittingly,
QuartzApr 10 2024
News
Ohioans losing millions of dollars to fraud scams
Ohioans lost over $150 million to fraud in 2023, according to a new Federal Trade Commission report. Why it matters: More Americans are falling victim to scams than ever before. • The FTC says nationwide losses hit a record $10 billion last year. Threat level: No group — young, old or even the computer-savvy — shows immunity to increasingly sophisticated scams, the FTC and other consumer
AxiosJul 11 2023
News
The FTC's campaign to stop the massive $68.7 billion deal between Microsoft and Activision just got smacked down by a judge
Microsoft’s acquisition of Activision Blizzard is a step closer to happening after a California judge has blocked the Federal Trade Commission’s (FTC) injunction request, which would have blocked the deal. The decision, announced Tuesday morning, does not clear the deal entirely, however. The FTC may appeal the ruling. And Microsoft and Activision must also convince regulators in the UK to
FortuneMar 20 2018
News
FTC Probing Facebook Over Data Use by Cambridge Analytica
The Federal Trade Commission is investigating Facebook Inc. over the use of personal data by an analytics firm tied to President Donald Trump’s campaign, a person familiar with the matter said.
Wall Street Journal (News)Apr 05 2024
News
CA Home Sellers 'Duped' By Opendoor To Share $62 Million Settlement
Each California seller who worked with Open Door Labs was owed a median refund of $1,553, according to the FTC report released this week. Opendoor, headquartered in Tempe, Arizona, operates an online real estate business and is an iBuyer—a company that buys property directly from consumers as an alternative to them selling their homes on the open market. Once seen as "cutting-edge" technology
Patch.comFeb 20 2023
News
FTC creating tech office putting AI, ad makers in crosshairs as last GOP commissioner exits
The Federal Trade Commission is planning aggressive reviews of the tech sector through a new technology office that is aiming for artificial intelligence and digital ad makers, as its last Republican commissioner heads for the exit.
The FTC, which is moving forward with exclusively Democratic commissioners, is the federal regulator charged with protecting consumers from deceptive
Washington TimesJul 14 2023
News
FTC Opens Probe Into ChatGPT Creator OpenAI Over Whether It Was ‘Unfair and Deceptive’ About Data Privacy, Risks of Consumer Harm
The FTC is looking into whether OpenAI, the developer of the artificial-intelligence chatbot ChatGPT, “engaged in unfair or deceptive privacy or data security practices or engaged in unfair or deceptive practices relating to risks of harm to consumers, including reputational harm,” according to a letter the regulatory body sent to the company. The agency’s probe into OpenAI was first reported
Variety