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The Latest Breaking News from FTC

‘Who is telling you to buy these?’: Woman tries to buy 7 gift cards at Walmart. Then a worker intervenes with an unusual question

Usually, buying a gift card is a simple transaction. You pick the one for the store the recipient would like best, or a Visa Vanilla if you want to give them the most choice, and head over to the checkout line where the cashier activates it for you. Simple, right?…

The Mary Sue

FTC loses bid to block Microsoft's acquisition of Activision Blizzard, which already happened in 2023

It's not technically over, but yeah, it's over.

PC Gamer

Microsoft, Xbox secure victory in FTC appeal, cementing $69b Activision Blizzard deal

A year and a half after Microsoft's colossal $69 billion acquisition of Activision Blizzard for Xbox closed, a U.S. court has struck down an appeal from the FTC to challenge the deal.

Windows Central

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$475 for one character in a video game: Genshin Impact adds new gacha disclaimers after FTC orders it to make costs and currencies less confusing

An exclusive 5-star character can range from $1.98 to $475.20 USD

GamesRadar

Skype's Shutdown Proves Bigger Isn't Always Better

The death of a onetime powerhouse carries a lesson for antitrust enforcers—if they’ll listen.

Reason

What to do if you’ve been gift card scammed

This is everything you need to know about gift card scams including what you should do if you've fallen for one.

Tom’s Guide

Trump's crypto racket hurts all wallets

Trump's crypto firm isn't just corrupt — he is making it easier for fraudsters to take your money

Salon

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Ex-FTC commissioner accuses former chair Lina Khan of 'procedural shenanigans' that iced M&A activity

A former FTC official who served under Khan said the accusation was “shockingly out of touch with reality.”

Fortune

Elderly Americans Suffered Most In $9.3 Billion Crypto Scam Losses Last Year: FBI

Elderly Americans were the most targeted age group last year by crypto scammers and fraudsters, a new FBI report revealed, highlighting how threat actors set their eyes on the most vulnerable demographic to dupe U.S. consumers.

International Business Times

Fallout 3 Remastered seems almost inevitable now, but still a long way off

And like the big sucker that I am, I'd lap it up.

PC Gamer

Instagram cofounder Kevin Systrom skewers Mark Zuckerberg, saying Meta starved his business after buying it for $1 billion over a decade ago

Systrom testified that Instagram had the potential to thrive independently and did not require Meta’s infrastructure or resources to scale.

Fortune

Trump admin sues Uber alleging company makes it too hard to cancel subscription

‘Americans are tired of getting signed up for unwanted subscriptions that seem impossible to cancel,’ the FTC chairman said

The Independent UK

FTC is suing Uber over ‘deceptive’ Uber One subscription service

The Federal Trade Commission has filed a lawsuit against Uber, alleging the company used deceptive practices to market and manage its Uber One subscription service.

Fortune

Morgan Stanley believed Google would rival Facebook if the search giant could beat Mark Zuckerberg to scooping up WhatsApp

Zuckerberg worried about Google diving into social media, and created a competitive buffer around Meta through M&A, according to allegations in court documents.

Fortune

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International Business Times

FTC Sues Uber Over 'Deceptive' Billing, Hard-To-Cancel Uber One Subscriptions

FTC Chairman Andrew Ferguson said in a statement that people are frustrated with being enrolled in unwanted subscriptions that are nearly impossible to cancel.

The Conversation

Google loses online ad monopoly case. But it’s just one of many antitrust battles against big tech

Tech giant Google has just suffered another legal blow in the United States, losing a landmark antitrust case. This follows on from the company’s loss in a similar case last year.

Reason

The Trump Administration Wages War on Meta

Mark Zuckerberg's donations haven't stopped the Federal Trade Commission from going after his company.

Fortune

Just before Zuckerberg bought Instagram, he identified a now defunct social startup as Facebook’s biggest threat

Emails revealed during Meta's landmark antitrust case have shed light on how Zuckerberg accessed Facebook's old rivals.

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news in one place.

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Euronews

Meta’s antitrust trial: Everything you need to know about the case and Zuckerberg’s testimony

If the case brought by the US Federal Trade Commission (FTC) is successful, Meta could be forced to sell Instagram and WhatsApp.

The Independent UK

Zuckerberg reportedly cozied up to Trump so he could settle his FTC lawsuit for $450m instead of $30bn

Zuckerberg attempted to settle an antitrust lawsuit with the FTC with the support of Trump – but it was ultimately unsuccessful

International Business Times

Facebook Chief Zuckerberg Testifying Again In US Antitrust Trial

Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his conglomerate Meta is accused of taking over Instagram and WhatsApp before they could become competitors.

Fortune

Mark Zuckerberg's showdown with the FTC is massive for Meta—and even bigger for tech overall

Mark Zuckerberg is set to take the stand for a second day amid Meta's FTC trial.

Latin Times

Facebook Founder Mark Zuckerberg Faces Court as FTC Takes Aim at Meta's Empire

Meta CEO Mark Zuckerberg defends Instagram and WhatsApp deals in major FTC antitrust trial that could break up the company.

Fortune

Mark Zuckerberg suggested wiping everyone’s Facebook friends and making users start again

The email was revealed as part of the FTC’s landmark antitrust case against Meta.

Windows Central

Xbox and Bethesda are supposedly going to "shadow drop" the Elder Scrolls IV: Oblivion remake — really? (UPDATE)

There's so much smoke at this point that there has to be a fire somewhere, but the build up to one of the industry's worst kept secrets doesn't make a lot of sense.

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Jacqueline Scott Corley

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