Parents can now claim Fortnite refunds
Parents can start applying for refunds of in-app purchases on the video game Fortnite that were made without their permission. A Federal Trade Commission (FTC) launched a portal for Fortnite …
FTC
Cruz questions FTC chair over push toward AI investigation
Sen. Ted Cruz (R-Texas) sent a letter to Federal Trade Commission (FTC) Chairwoman Lina Khan asking about the regulation of artificial intelligence (AI) by her agency Monday. In the letter, …
Amazon: Amazon imposes new fee on sellers shipping their own products
E-commerce giant Amazon is adding a new fee for third-party sellers. This fee will be imposed on sellers who don’t pay for the company’s fulfilment services and ships their own …
Twitter requires subpoena for Elizabeth Warren’s communications with SEC and FTC
Twitter filed a subpoena for Sen. Elizabeth Warren’s (D-Mass.) communications in recent months with the Securities and Exchange Commission (SEC) and the Federal Trade Commission. (FTC) Warren sent a letter …
Business Improvement Orders Issued to Four Japanese Utilities and Sales Units
The industry ministry said Friday it ordered four major Japanese utility groups to improve their operations after they were found to have formed electricity sales cartels. Kansai Electric Power Co., …
The European Union Appeals to the United States for Collaboration in Regulating AI
The world’s most valuable and dominant internet companies are based in the US, but the nation’s unproductive lawmakers and business-friendly courts have effectively outsourced the regulation of tech giants to …
ChatGPT CEO Commits to Collaborate with FTC Amid Start of Federal Investigation
The CEO of the company behind artificial intelligence (AI) tool ChatGPT has pledged to work with the agency, even as he criticized how news of its probe of the company …
Twitter seeks to terminate FTC oversight of data security measures
Twitter has filed a motion seeking to end the Federal Trade Commission’s (FTC) oversight of its data security practices that has been in place for years. X Corp., which is …
Democratic Representative Requests Jordan to Silence GOP Lawmaker Amid Intense FTC Hearing
Tensions boiled over during the House Judiciary Committee’s contentious Federal Trade Commission oversight hearing Thursday morning. Rep. Steve Cohen (D-Tenn.) called out the “hypocrisy” and “the lack of integrity” of …