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7 results for "ftc"

FTC Fines Firm $880K for False 'Phone Listening' Claims
Daily MixMay 23

FTC Fines Firm $880K for False 'Phone Listening' Claims

A marketing company that scared millions by claiming it could listen through smartphones to target ads just settled with federal regulators. The good news? It was all fake, and now they're paying the price for lying to customers.

Ars Technica2 min read
FTC Wins $930K for Businesses Fooled by Fake Ad Tech
SolutionsMay 22

FTC Wins $930K for Businesses Fooled by Fake Ad Tech

Three companies just paid nearly $1 million for lying about secretly listening to people through their phones. Turns out, the "creepy" technology they were selling to businesses never actually worked.

Wired2 min read
US Watchdog Uses AI to Catch Prediction Market Cheaters
InnovationMay 17

US Watchdog Uses AI to Catch Prediction Market Cheaters

Federal regulators are deploying artificial intelligence to track down insider traders on betting platforms, signaling a major crackdown on suspicious activity. After months of suspected fraud, the agency is finally taking action to protect fair markets.

Ars Technica2 min read
3 Million Dating Photos Deleted After Privacy Victory
SolutionsApr 21

3 Million Dating Photos Deleted After Privacy Victory

Following an FTC investigation, AI company Clarifai deleted 3 million dating profile photos and the facial recognition models trained on them. The move marks a rare accountability win for user privacy in the tech industry.

TechCrunch2 min read
FTC Mailing $47M to 444,000 Renters Who Paid Hidden Fees
SolutionsMar 14

FTC Mailing $47M to 444,000 Renters Who Paid Hidden Fees

Nearly half a million renters are getting checks averaging $106 after a major landlord charged them hidden fees. Many eligible people don't even know money is coming their way.

Fast Company2 min read
Walmart Pays $100M to Spark Drivers After FTC Settlement
SolutionsFeb 27

Walmart Pays $100M to Spark Drivers After FTC Settlement

Walmart will pay $100 million to delivery drivers who were misled about their earnings and tips. The settlement also requires new protections to ensure gig workers get exactly what they're promised.

TechCrunch2 min read
FTC Settlement Could Save Americans $7B on Insulin
SolutionsFeb 5

FTC Settlement Could Save Americans $7B on Insulin

A landmark settlement with pharmacy giant Express Scripts will force major changes that could save Americans up to $7 billion on insulin costs over the next decade. The Federal Trade Commission says the company artificially inflated prices and blocked access to the lifesaving diabetes medication.

STAT News2 min read