FTC

We saw a weak and overstated GDP print combined with a higher inflation metric. The conclusion is that absent government spending, we’re heading for stagflation. One problem:  government spending is destroying value. Mish Shedlock warns that we can’t vote our way out of the problem...

Despite a strong first quarter in 2024, Amazon Inc. (NASDAQ:AMZN) finds itself under the microscope of the Federal Trade Commission (FTC) and the Federal Communications Commission (FCC). What Happened: Brian Sullivan, host of CNBC’s “Last Call,” shed light on the FTC’s...

The Federal Trade Commission or FTC has accused top executives at Amazon.com Inc. (NASDAQ:AMZN) including founder Jeff Bezos and CEO Andy Jassy of deleting text messages that could have been used as evidence in the ongoing antitrust investigation. What Happened: In a court filing on Thursday,...

The Federal Trade Commission faced legal threats when it first considered banning employers from using non-compete contracts. The agency went ahead Tuesday and made the rule official. What Happened: The FTC approved a final rule that bans non-compete agreements nationwide in a 3-2 vote. Democratic...

Twelve years ago today, social media company Facebook, which is now known as Meta Platforms Inc (NASDAQ:META) announced a $1 billion acquisition of mobile photo-sharing app Instagram. The acquisition happened shortly before the company's IPO and was criticized due to its massive price tag for a...

Meta Platforms Inc. (NASDAQ:META) has opposed the U.S. Federal Trade Commission’s (FTC) proposal to modify a 2020 privacy agreement. The company has justified its stance by highlighting its voluntary disclosure of technical glitches in the Messenger Kids app. What Happened: In a fling on...

Meta Platforms Inc. (NASDAQ:META) has been denied a request to postpone the U.S. Federal Trade Commission’s or FTC’s re-evaluation of alleged privacy violations within its Facebook division. What Happened: On Friday, the U.S. Court of Appeals for the D.C. Circuit...

Jim Cramer has raised doubts over the validity of the government’s antitrust lawsuits against Big Tech giants such as Apple Inc. (NASDAQ:AAPL), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Amazon.com Inc. (NASDAQ:AMZN). What Happened: "Mad Money" host Cramer questioned the...

Elon Musk was found to have almost breached a federal privacy order after taking over Twitter in 2022. The breach was averted by the company’s data security team, according to the U.S. Federal Trade Commission or FTC. What Happened: Musk, who rebranded Twitter as X, was on the brink of...

The Federal Trade Commission (FTC) announced on Thursday that it has launched an inquiry into generative AI investments and partnerships in order to better understand these relationships and their impact on the competitive landscape. The FTC issued orders to Alphabet, Inc. (NASDAQ:GOOG), Amazon.com...

Technology giant Microsoft Corporation (NASDAQ:MSFT) made headlines in early 2023 with a $10-billion investment in OpenAI, the parent company of ChatGPT. A year later, Microsoft's partnership with OpenAI is drawing the attention of the U.S. Department of Justice and the Federal Trade Commission,...

CNBC’s “Mad Money” host Jim Cramer expressed concern over the damaging impact on investor portfolios, attributed to the policies of Federal Trade Commission (FTC) Chair, Lina Khan. What Happened: Cramer’s criticism, aired on Monday, centers around Khan's opposition to...

The Federal Trade Commission is appealing a court decision that denied its attempt to halt Microsoft's $75 billion acquisition of Activision Blizzard. Amidst this legal challenge, the stock has experienced a 5% decline, following its November 2023 all-time high. Despite the legal uncertainties...

The $10 billion dollar buyout of privately-held Subway by Roark Capital, which has in its portfolio Jimmy John’s and Arby’s, has come under the scrutiny of the Federal Trade Commission on the premise that it would create a sandwich shop monopoly. Sen. Elizabeth Warren (D-Mass.) on...

In a privacy dispute with the U.S. Federal Trade Commission, Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook, Instagram, and WhatsApp, has suffered a legal setback. What Happened: The U.S. District Court for the District of Columbia’s Judge Timothy Kelly ...