FTC

Big tech faces new scrutiny from regulatory and government bodies as the Federal Trade Commission is taking a close look at Facebook, Inc. (NASDAQ: FB)'s acquisition history. Meanwhile, the Federal Reserve reportedly paid Amazon.com, Inc. (NASDAQ: AMZN) a visit to examine its cloud business....

QUALCOMM, Inc. (NASDAQ: QCOM) stock has more legal risk than the market is pricing in. In a new report out Wednesday, Kerrisdale Capital said Qualcomm is likely on the brink of losing its legal battle with the FTC, a decision which could have a major impact on Qualcomm’s bottom line. High...

Facebook, Inc. (NASDAQ: FB) was set to open down 3 percent Thursday after the U.K. Parliament released a cache of seized emails late Wednesday. What Happened Correspondence between CEO Mark Zuckerberg and fellow executives revealed intent to stifle competition and to monetize user data via various...

Rent-A-Center Inc (NASDAQ: RCII) agreed to sell itself to Vintage Capital Management at $15 per share, which has some investors questioning why the stock is trading at an approximate 70-cent discount to the purchase price. Loop Capital Markets took a dive into the stock's potential merger...

LendingClub Corp (NYSE: LC) shares plunged nearly 14 percent Wednesday but began to recover Thursday after the Federal Trade Commission accused the firm of deceptive practices. Even now, though, the Street’s bulls aren’t retreating. The Rating Morgan Stanley analyst James Faucette...

The Federal Trade Commission has sued LendingClub Corp (NYSE: LC), accusing the online lender of deceiving clients with hidden fees, withdrawing double payments from client accounts and continuing to charge borrowers even after they paid off loans. The lawsuit alleges LendingClub failed to confirm...

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg’s Congressional hearing drove a 3.6-percent rally in the suffering stock over the last two sessions. But that 10-hour interrogation and anything revealed or resolved in the process had fewer near-term implications for Facebook than a...

Facebook, Inc. (NASDAQ: FB) has lost the trust of the majority of Americans and could potentially lose a lot more, according to a new poll. The social media platform has serious work to do to repair its image after the Cambridge Analytica scandal, which saw data from 50 million people used without...

Being haunted by debt collectors is scary enough as it is, but imagine the fearsome prospect that the debt in question may not even exist. Phantom debt is the name given to debts that may be old, that belonged to someone else with the same name, or in some cases, are completely fictional. The U.S....

There are limits to how much pricing power Amazon.com, Inc. (NASDAQ: AMZN) can wield if it tries to subsidize its grocery goods in order to crush its competitors the usual way, Bernstein analyst Brandon Fletcher believes. The Federal Trade Commission this week approved Amazon’s acquisition of...

Uber Technologies, Inc. agreed to tougher ways to protect the privacy of its customers, settling a Federal Trade Commission complaint that the ride-sharing company failed to properly monitor its employees’ access to consumer's personal information. It was the second case of consumer...

DirecTV is on trial in federal court for allegedly deceiving its customers about the cost of their satellite subscriptions, and the U.S. Federal Trade Commission wants the company to cough up $3.95 billion in restitution. The trial kicked off Monday with opening arguments in U.S. District Court in...

Herbalife Ltd. (NYSE: HLF) has been one of the most controversial stocks in the market in recent years, and the company’s Q2 earnings report and conference call have presented investors with even more questions about the future of the company. Restructuring Taking Its Toll In June,...

The European Commission’s $2.7 billion fine against Google parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) breathed fresh life in the growing conversation of how to evaluate mega-cap internet companies and judge antitrust concerns. Amazon.com, Inc. (NASDAQ: AMZN) is widely considered to be...