FTC

The U.S. Federal Trade Commission has reportedly demanded Elon Musk's deposition, as well as his internal communications at Twitter, as a part of a probe into the social media platform he heads. What Happened: The FTC sent more than two dozen letters to Twitter and its attorneys and...

PlayStation owner Sony Group Corp (NYSE: SONY) has been vocal in its attempt to block rival Microsoft Corporation (NASDAQ: MSFT), manufacturer of the Xbox, from buying video game publisher Activision Blizzard (NASDAQ: ATVI) for roughly $69 billion. And while it would appear that Sony would get its...

1Life Healthcare Inc (NASDAQ: ONEM) shares are ripping higher Wednesday following reports the Federal Trade Commission won't challenge Amazon.com Inc's (NASDAQ: AMZN) takeover bid. The company also released fourth-quarter results late Tuesday.  What Happened: ...

Meta Platforms has received approval from the court to acquire Within Unlimited, a virtual reality startup, despite the efforts of the U.S. Federal Trade Commission (FTC) to block the deal, Bloomberg reported. In a statement, Judge Edward Davila in San Jose, California, said, "The FTC has...

A recent survey commissioned by Forbes Advisor and conducted by market research company Prolific found that 79% the millennial and Gen Z generations have gotten financial advice from social media. Should Individuals Rely On Social Media For Guidance On Their Finances? Opinions among personal...

The U.S. Federal Trade Commission says it is seeking to block Microsoft Corporation’s (NASDAQ: MSFT)  $69 billion acquisition of Activision Blizzard, Inc (NASDAQ: ATVI). What Happened: FTC alleged that the deal — which is Microsoft’s largest ever and the largest in the video...

Back in January, Microsoft Corp (NASDAQ: MSFT) announced the company was acquiring game developer and interactive entertainment content publisher Activision Blizzard (NASDAQ: ATVI). On Wednesday, Microsoft President Brad Smith and his attorneys will be heading to Washington D.C. to meet with the...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Nov. 30, 1999, a $73.7-billion merger between Exxon and Mobil Oil established the largest company in the world. Where The Market Was: The S&P 500 plunged from $282.70 to $224.84, and the...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is reportedly under investigation by federal authorities over his bid to purchase Twitter Inc (NYSE: TWTR). What Happened: Twitter said in a court filing released Thursday that Musk's attorneys claimed “...

Several members of the U.S. Congress issued a letter to the Federal Trade Commission (FTC) over the announced acquisition of iRobot Corporation (NASDAQ: IRBT) by Amazon.com, Inc. (NASDAQ: AMZN). Here’s why the lawmakers have concerns over the purchase. What Happened: A letter...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Sept. 26, 1914, President Woodrow Wilson's administration established the U.S. Federal Trade Commission to regulate business practices on behalf of consumers. Where The...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has thrown more serious allegations at Twitter Inc (NYSE: TWTR), potentially dragging a legal battle between the two parties over the billionaire entrepreneur's attempt to back out of a $44-billion deal for the social media firm....

Twitter, Inc. (NYSE: TWTR) whistleblower Peiter Zatko will testify before the U.S. Senate Judiciary Committee next month regarding his complaint that the social media platform misled regulators, Reuters reported. What Happened: Sen. Richard Durbin (D-IL), the committee’s chair, and Sen. Chuck...

​​Tesla Inc’s (NASDAQ: TSLA) full self driving system, known as Autopilot, is a subject of focus and on the Federal Trade Commission's radar, Reuters reported on Wednesday, citing the agency’s Chair Lina Khan. What Happened: The FTC said the concerns raised by...

Twitter Inc (NYSE: TWTR) will pay $150 million in civil penalties after the social media platform settled a complaint that alleged that the company used its members’ email addresses and phone numbers to target them with advertisements. What Happened: The settlement pertains to allegations...