FTC

This fingerprint smart lock just got a mega FTC security scolding

This fingerprint smart lock just got a mega FTC security scolding

Smart lock maker Tapplock has settled with the US FTC, after complaints that it was misleading consumers with an "unbreakable" padlock that was anything but. The Canadian company raised hundreds of thousands of dollars in crowdfunding for its connected, fingerprint-secured smart lock, but security researchers subsequently found it was entirely too easy to crack open - either physically or digitally.

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Fake coronavirus cures targeted by feds as infections rise

Fake coronavirus cures targeted by feds as infections rise

The FDA and FTC are clamping down on companies claiming to offer coronavirus treatments or cures, the first step in tackling fraudulent COVID-19 medicines and new-age cures. The US Food and Drug Administration and the Federal Trade Commission confirmed today that seven companies have been warned about their health fraud products, which the two agencies say could end up contributing to the greater spread of coronavirus and even more fatalities.

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Facebook Cambridge Analytica FTC ruling, 4 years late and woefully inadequate

Facebook Cambridge Analytica FTC ruling, 4 years late and woefully inadequate

Here in late 2019, the FTC released a ruling and public order on their findings on Cambridge Analytica's dealings on Facebook. That's Cambridge Analytica, one of the many major reasons Facebook faced major scrutiny for their role in the spread of disinformation during the 2016 US Presidential Election season. This is not the first time Cambridge Analytica was found guilty of deception and criminal activity - it is, however, the latest clear sign that the FTC is not equipped to protect the privacy of citizens of the United States.

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AT&T unlimited data throttling lawsuit ends in $60 million settlement

AT&T unlimited data throttling lawsuit ends in $60 million settlement

Network operators have redefined what the word "unlimited" means, or at least as it applies to data. What they really meant was limited unlimited data that incurred consequences once you hit certain conditions. That may be common practice but AT&T may have tried to get away with it until the FTC slapped it with a lawsuit. Now five years later, the major US carrier has decided to just pay the fine, long after the case could have any significant effect in the industry.

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Snapchat’s Facebook no-no file called Project Voldemort

Snapchat’s Facebook no-no file called Project Voldemort

Facebook's history of attempts to acquire and/or overcome Snapchat have reportedly appeared in a file created by Snap called "Project Voldemort." Neither of the companies have made this document official, and all sources have remained anonymous in their efforts to make this document known. The files paint Facebook as the enemy of the modern world courtesy of a character from J.K. Rowling's global blockbuster book series: The Wizarding World of Harry Potter.

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Facebook Privacy settings change names

Facebook Privacy settings change names

Today an update from Facebook changes the way Facebook Groups are labeled. No longer will there be a choice between public, closed, or secret settings. Instead, there'll be a choice between "public" or "private." Given the *most recent Facebook privacy flubs and government action regarding Facebook's failings in keeping user data protected, increased use of the word PRIVACY in Facebook PR should come as no surprise. Today we get an example of a place where Facebook is literally placing the word "Private" so users can be sure to feel like they're in a Private place.

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You won’t get $125 from Equifax: FTC admits penalty fund is way too small

You won’t get $125 from Equifax: FTC admits penalty fund is way too small

The FTC has issued a statement warning consumers impacted by the Equifax security breach that they won't receive the $125 cash payments available to claim. The reason, the FTC says, is due to the relatively small $31 million 'pot of money' set aside for these claims under the company's settlement with the agency. As more people claim the cash payout, the smaller those payouts will ultimately be.

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Facebook cuts off Microsoft and Sony data access, blames self for newest privacy flub

Facebook cuts off Microsoft and Sony data access, blames self for newest privacy flub

Today Facebook made several announcements as their agreement for unprecedented penalty with the FTC was made public. Here we're taking a look at how they'll be cutting off access to Facebook 'friends data' from groups like Microsoft and Sony. Facebook's Ime Archibong, VP of Product Partnerships, used language like "a fundamental shift in the way we work" and "action that impacts dozens of partners who had access to data... that should have been wound down." So they left the doggy door open for partner companies to access your data - whoops!

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Facebook FTC fine and consequences confirmed: $5 billion and nonsense

Facebook FTC fine and consequences confirmed: $5 billion and nonsense

Earlier this month we heard some relatively unofficial news about Facebook's FTC fine and fallout. Today the FTC made it all official with some friendly infographics that they are, indeed, levying a major fine against the Social Network. They've made the case that they're bringing big penalties to Facebook, and that this is super serious! But fancy graphics and additional assurances of the scale of the changes do not necessarily an adequate penalty make.

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FTC fines Facebook $5b, stock bolts upward

FTC fines Facebook $5b, stock bolts upward

Yes, you read that right, Facebook stock just surged - upward - after the FTC announced that they'd sent a $5-billion fine to the company. That's the biggest fine the FTC's ever demanded of a tech company - but it's the equivalent of next-to-nothing for the social networking site and mega-brand. Let's do the math on this - Facebook made approximately 55,838-million USD in revenue in 2018. A fine of 5-billion is... not particularly damaging.

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FTC vows ‘crackdown’ on entities behind more than 1 billion robocalls

FTC vows ‘crackdown’ on entities behind more than 1 billion robocalls

The FTC has revealed 'Operation Call it Quits,' a joint 'crackdown' between the commission and law enforcement on the operations responsible for more than 1 billion robocalls. These operations are located around the United States, according to the FTC, where they target consumers with unsolicited calls offering money-making schemes, medical alert systems, and interest reduction opportunities.

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Vaping firms get nicotine warning as Feds target influencer promos

Vaping firms get nicotine warning as Feds target influencer promos

US watchdogs are cracking down on vape liquid firms using social media influencers to push e-cigarette products, warning several brands over missing health disclaimers. The move comes after the US Food & Drug Administration (FDA) and Federal Trade Commission (FTC) announced they'd be going after companies pushing e-liquid products on kids, part of a crackdown in general on vaping.

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