35 Burst results for "Us Federal Trade Commission"

Facebook Seeks FTC Chair Lina Khan’s Recusal in Antitrust Case

WSJ Tech News Briefing

00:33 sec | 2 weeks ago

Facebook Seeks FTC Chair Lina Khan’s Recusal in Antitrust Case

"Is seeking to have lena con chair of the federal trade commission recused from the agency's discussions over whether to file a new antitrust case against the company. Facebook says con can't be impartial because of her long history of criticizing the social media giant and other big tech firms. The move comes. Just two weeks. After amazon filed a similar petition seeking cons. Recused from the ftc's antitrust investigation against it and ftc. Spokeswoman declined to comment previously. Kahn had said she would consult with ftc ethics officials. If issues like this came

Lena Con FTC Facebook Amazon Kahn
Biden’s Executive Order Targets Big Business and Competition

Innovation Hub

00:49 sec | 3 weeks ago

Biden’s Executive Order Targets Big Business and Competition

"Executive order, he says, is aimed at increasing competition and pushing back against growing trends of consolidation and big business. NPR's Scott Detroit has more Biden's order is broad. It includes 72 different action items ranging from making hearing AIDS more accessible to increase in competition for Internet access services. The order also takes aim at the rise of non compete agreements, which can bar employees from taking jobs with similar companies. But it argues there being over used and exploited in an effort to keep wages down. Workers should be free to take a better job of someone officer. Your employer wants to keep you He or she should have to make it worth your while to stay. Biden is ordering the Federal Trade Commission to ban or limit the agreements. Scott Detroit NPR

Scott Detroit Biden NPR Aids Federal Trade Commission
FTC Holds Open Commission Meeting

Daily Tech Headlines

00:35 sec | Last month

FTC Holds Open Commission Meeting

"The federal trade commission held. Its first open meeting in over twenty years voting to rescind a twenty fifteen decision to limit. Its power over. Unfair methods of competition too explicit violations of existing antitrust law which would allow the ftc to file lawsuits against misconduct. That might not violate classical. Antitrust law the ftc also voted to let individual commissions launched staff investigations into specific industries and to simplify the rulemaking process for prohibiting unfair or deceptive acts or practices ftc. Charleena con plans to hold monthly public meetings. In the future

FTC Charleena
What Does Monopoly Mean in the Internet Age?

Reset

02:10 min | Last month

What Does Monopoly Mean in the Internet Age?

"Lawmakers have had it out for facebook for a while last year a house judiciary subcommittee report accused the tech giant of anticompetitive behaviour and in december. Facebook got suit on monday. Those lawsuits were dismissed. It's a big win. For the social media company it also signals a rocky path forward for legislators both sides of the aisle trying to rein in big tech here to break down. the latest development is recode serene ghaffari high serene. Hey adam so let's start with the lawsuits. What were they about yes. The lawsuits basically accused facebook of acting as a monopoly to crush. Its competition two different lawsuits. One was filed by the federal trade commission or the ftc which is the top government agency for enforcing antitrust laws. And then there was a parallel lawsuit also filed by forty eight attorneys general from different states and territories in the us and they both essentially said the same thing that facebook's allegedly monopolistic practices leave consumers with less choices for which social networking apps. They wanna use and advertisers have less choices for aware. They want actually advertise reach. People lawsuits also said that. Facebook engage in a quote systemic strategy to eliminate their competition and that this was something really tactical that facebook was actively doing crush its competitors. What exactly did that strategy look like so. The lawsuit said that when facebook bought instagram. Back in two thousand twelve and remember at that time. Instagram was a startup. it was considered an up and coming rival to facebook They said that that was an example of something that facebook shouldn't have been allowed to do because in regulators view this was essentially facebook trying to stifle competition by eating it up and buying it rather than letting market competitor truly compete and they also point to win. Facebook bought the messaging app called whatsapp in two thousand fourteen. Again this up and coming service. That was rivaling. facebook and facebook went ahead and bought it today. More people are on. What's app than they are on facebook's own messenger product but that doesn't matter for facebook because it's all part of the facebook ecosystem now

Facebook House Judiciary Subcommittee Ghaffari FTC Adam Instagram United States
Amazon Asks F.T.C. Chair, Lina Khan, to Recuse Herself

Red Eye Radio

00:16 sec | Last month

Amazon Asks F.T.C. Chair, Lina Khan, to Recuse Herself

"Amazon is asking the Federal Trade Commission chair to recuse herself from antitrust investigations into the e commerce giant Lina Khan has been an outspoken critic of Amazon, which is facing probes of its business practices and proposed acquisition of movie studio

Lina Khan Amazon Federal Trade Commission
Amazon Wants FTC Chair Lina Khan Recused From All Its Cases

All Things Considered

00:38 sec | Last month

Amazon Wants FTC Chair Lina Khan Recused From All Its Cases

"Friday 25 page petition with the Federal Trade Commission today, arguing that newly installed FTC chair Lina Khan Ought to recuse herself from any antitrust conversations involving Amazon. Khan has made no secret over the years at Yale Law School, a prior stint as an FTC staffer and most recently teaching antitrust law at Columbia of her worries about big tech. Amazon claims in the petition. The cons record were she to take part in Amazonian decisions would violate federal ethics rules and the companies due process rights. The FTC had no comment on the petition. I, however, I'm going to take the under on a recusal.

FTC Lina Khan Amazon Yale Law School Khan Columbia
Judge Dismisses Government Antitrust Lawsuits Against Facebook

AP News Radio

00:52 sec | Last month

Judge Dismisses Government Antitrust Lawsuits Against Facebook

"A federal judge has dismissed the anti trust lawsuits brought against Facebook by some government entities the Federal Trade Commission and a coalition of state attorneys general had sued Facebook last winter claiming it's a monopoly dominating the market the FTC alleged Facebook engaged in a systematic strategy to eliminate its competition and there were calls for Facebook to have to break up some of its platforms but a federal judge has ruled the lawsuits were legally insufficient and didn't provide enough evidence to prove the allegations the consumer advocacy group public citizen says the courts have grappled with these types of complaints in cases where consumers are in charge directly for services Facebook says it competes barely every day to earn people's time and attention Jackie Quinn Washington

Facebook Federal Trade Commission Public Citizen Jackie Quinn Washington
Rep. Jim Jordan on the Implications of Big Tech Breakup Bills

The Dan Bongino Show

01:53 min | Last month

Rep. Jim Jordan on the Implications of Big Tech Breakup Bills

"Break up hills, which aren't those at all Like you said. They're just using that to get us on board. My fear is they're going to take that from the private sector and now enshrined that with government regulators who are going to use these big tech break up bills to then use the power of government to make sure private companies out there. Doing things against the shareholder interest. And think about how many pension funds are invested in these companies that are now going to be pressured to basically lose money and screw your pension over under the guise of big tech breakup. Yeah, we've already seen this. This play in action with what we just referred to when you had a major big tech company, the CEO of the head of that company. Communicating via email with the guy who runs a big agency who is the highest paid official in the government with Dr Fauci and Mark Zuckerberg colluding to keep information from the American people last year information that frankly, looks like it turns out to be it was the truth, and they kept the truth from us. So now we're going to say Lina Khan, who just got appointed to to chair the FTC, You know where she just got to point this week. So that's my Federal Trade Commission where all this power is going to go. Guess who she worked for. Before she went there. She worked for Jerry Nadler. David Cicilline E on the House student Democrats on the House Judiciary Committee. Do you think she really wants to make sure that that these big tech platforms don't censor Dan Bongino? So that's what this is all all about. I mean, and you're exactly right. The one of the other empty stairs chairs is, um, Democrat is Becca Slaughter, and she has said, we should use anti trust laws to stop systemic racism. What? So you're that's where they want to go with this, And that's what I fear. Let's do this. Let's let's let's change checks in 2 30 so that you take away their liability protection and let's break them up. Let's break him up. Yeah, but you've got to make sure they don't get this liability protection. So not not make not make this union between big government and big tech so they can further harm us. Yeah, a couple of additional points in

Dr Fauci Lina Khan FTC Jerry Nadler David Cicilline House Judiciary Committee Mark Zuckerberg Dan Bongino Becca Slaughter House
Big Tech Critic Lina Khan to Lead the Federal Trade Commission

The Vergecast

01:47 min | Last month

Big Tech Critic Lina Khan to Lead the Federal Trade Commission

"Start with lena. Cohen who is appointed confirmed the federal trade commission. That's a big deal. It's a really big deal. So this week. She finally received a floor vote. It was a bipartisan vote. Republicans and democrats not going to say all republicans but enough to get a confirmed voted for her and that was early in the morning about eleven thirtyish and then a couple hours later i was watching this hearing on smart home. Check in competition and amy klobuchar friend of the pod. She leaked g basically scooped. Everyone that lena was going to be the chairwoman. Fdic and lead the agency a mad scramble to be like what you say right. It was like chima speak and all of a sudden reuters is reporting. This is confirmed and everyone was like. Oh dang okay cool so. She took her oath of office. On tuesday believe and she is currently leading the. That's amazing. so lena somebody also a friend of the bug. She's been on the verge before probably listeners. Quickly she was a law student. Columbia have really influential lottery. Paper about amazon called amazon's trust paradox. remarkable for a law students. Love your article three. That influential chee ended up advising agencies advising the fcc than she was on david sicily's antitrust subcommittee wrote a lot of the investigation than was nominated for that. And now she's the chair at the otc like she's in charge of overseeing mergers acquisitions of making sure the markets are competitive just a real rocket ship of her career from law school to leading the and she's not been shy about how she perceives the power of these big

Lena Chima Federal Trade Commission Amy Klobuchar Cohen Fdic Amazon Reuters David Sicily Chee Columbia FCC
A Big Week for Global Tech Policy

WSJ Tech News Briefing

02:08 min | Last month

A Big Week for Global Tech Policy

"New chair of the federal trade commission a raft of bipartisan legislation aimed at big tech and an agreement to collaborate with the european union. It's been a pretty eventful week in terms of global tech policy here to break down what all happened and what the landscape looks like going forward is our policy reporter ryan tracy. Hey ryan thanks for coming back on the show things for me okay. So let's start with the f. T. c. biden named the prominent big tech critic. Lena con as fdic chair you know. We talked about this earlier in the week. With our colleague brent kendall but remind us of the significant of khan's appointment. She's been very clear that she has concerns about the behavior of big companies in a lot of sectors tech. It's been a particular focus for her confirmation hearing she basically said everything's on the table in terms of big tech. Senators asked her a number of questions about areas where the ftc could become more aggressive in terms of looking at the marketplace for news or looking at the marketplace for a smartphone apps all these different areas where we've heard some concerns about the impact of big tech and her answer was almost invariably. Yes to those questions now. There are limits to the ftc's power but mistaken has an expansive view of what that power is and so we expect her to push those limits and so does this signal sort of shift from the obama years to the biden administration potentially signals a much more aggressive approach to antitrust policy. And that's obviously a big deal for the largest tech companies. Who are under. A lot of antitrust scrutiny. Right now and it's kind of amazing when you step back you know. They had a lot of power under the obama administration and a lot of influence and had the biden administration asked for who they would have picked to lead the federal trade commission. Liikanen think it's fair to say would not have been near the top of their list. Just given that a lot of things critical of tech companies in the past so the fact that the biden administration chose her clearly shows their influence is more limited than it used to be.

FTC Ryan Tracy Lena Con Brent Kendall Biden Administration European Union Biden Fdic Ryan Khan Obama Administration Liikanen Barack Obama
Lina Khan, Critic of Big Tech, to Lead Federal Trade Commission

WSJ Tech News Briefing

01:42 min | Last month

Lina Khan, Critic of Big Tech, to Lead Federal Trade Commission

"Yesterday the senate confirmed lena con to a seat on the federal trade commission. The thirty two year old columbia university professor has been a vocal critic of big tech companies and. She's advocated for sweeping changes to antitrust enforcement with her confirmation secured. President biden is designating her as ftc. Chair the post will allow her to pursue an aggressive antitrust and consumer protection agenda so for more on khan and how she could shape the ftc. Enjoy our legal affairs. Reporter brent kendall. Hey thanks for being here. Thanks for having me okay. So tell us about khan's background here. Where does she come from so she has been on the fast lane star track of the progressive movement in terms of antitrust which she was a reporter wrote pieces for different publications went to law school and wrote this law review article about amazon. The thesis which was that antitrust law just doesn't really work to restrain companies like amazon. And how they've built their business and so she kind of skyrocketed from there she's been a legal adviser for progressive group. That is advocated for a wholesale change in antitrust enforcement. She went and worked on the hill for this house antitrust subcommittee that did this big investigation of tech firms and was a big piece of that and this report the democratic staffer at the end of this investigation making all sorts of recommendations that that congress rain tech company and so this all comes at a time. You know we're sees risen up these ranks and then got this nomination for the ftc from president biden. Which will now put her in theory at least in a position to try to put some of her views into

FTC Lena Con President Biden Brent Kendall Khan Columbia University Senate Amazon Congress
Lina Khan, Prominent Big Tech Critic, Will Lead The FTC

All Things Considered

00:13 sec | Last month

Lina Khan, Prominent Big Tech Critic, Will Lead The FTC

"President Biden his name big tech critic Lina Khan, as chairwoman of the Federal Trade Commission. As NPR's Bobby Allyn tells us, Khan becomes the agency's top enforcer after getting bipartisan support for her nomination from

President Biden Lina Khan Bobby Allyn Federal Trade Commission NPR Khan
Lina Khan, Prominent Big Tech Critic, Will Lead the FTC

Marketplace

00:54 sec | Last month

Lina Khan, Prominent Big Tech Critic, Will Lead the FTC

"Federal Trade Commission. As NPR's Bobby Allyn tells us, Khan becomes the agency's top enforcer after getting bipartisan support for her nomination from Congress. Lina Khan is a 32 year old Columbia law school professor who rose to prominence after writing on how decades old antitrust laws are capable of policing tech companies like Amazon. Her approached, adored by progressives, and some on the right has been dubbed hipster antitrust since it Bucks tradition. Most legal cases focus on whether a company's practices are raising prices for consumers but can argue that it doesn't matter if companies like Amazon are in fact making prices cheaper, She says the company uses press The Tory tactics to lock in its dominance and limit choice. Con is expected to be a guiding force on the FTC as it reviews acquisitions by companies like Google, Facebook and Amazon. That's Bobby Allyn reporting. This is NPR.

Bobby Allyn Lina Khan FTC Columbia Law School NPR Khan Amazon Congress Bucks Google Facebook
NYC's 1,000-Lawyer Law Department Targeted by Cyberattack

Cyber Security Headlines

02:11 min | Last month

NYC's 1,000-Lawyer Law Department Targeted by Cyberattack

"Cyberattack disrupts new york city law department the new york police department and fbi cyber task force are investigating intrusion into the new york city lot apartments it systems which could potentially have exposed sensitive information belonging to more than a thousand department employees on monday. The city government confirmed the incident and restricted admission into affected systems preventing government lawyers from accessing documents. Though the excess restrictions have disrupted court filings a law department spokesperson indicated that the agency was taking steps to minimize the impact cases. The incident comes just days after the metropolitan transportation authority confirmed intrusion by hackers into its databases amazon successfully presses to omit consumer protections from senate china bill on tuesday. The senate passed legislation aimed at countering china's growing economic power however after aggressive lobbying led by amazon. It excluded a measure designed to protect online shoppers from counterfeit and dangerous products. The measure known as the informed consumers act would have required online marketplaces to bolster identification procedures for third party. Merchants who sell on their sites in order to better weed out it stolen in unsafe products from rogue sellers. The bill would have been forced by the federal trade commission and violations would have been subject to civil penalties intel fixes. High severity vulnerabilities with june. Twenty twenty one platform update until his issued fixes addressing. Seventy security vulnerabilities as part of the june twenty. Twenty one patch. Tuesday according to intel's director of communications jerry. Bryant half of the vulnerabilities were discovered through. Intel's internal research security. Updates of note include five high. Severity vulnerabilities impacting. The intel virtualization technology directed o products. The bios firmware for some intel processors and the intel security library until detailed the security flaws insecurity advisories published on wednesday on its product security center

New York Police Department New York City Senate Metropolitan Transportation Au Amazon FBI Intel China Federal Trade Commission Bryant Jerry
Amy Klobuchar on 'Antitrust'

The Book Review

01:55 min | 3 months ago

Amy Klobuchar on 'Antitrust'

"Joining us. Now senator amy klobuchar from washington. She is the senior. Senator from minnesota and her new book is called antitrust taking on monopoly. Power from the gilded age to the digital age senator. Thanks for being here. Well thank you. It's just wonderful to be on. You have been doing a few things during the past few years been busy. Why at a book. And i might add. This is not a quickie book. This is not an election book. This is a very heavily reported historical book more than two hundred pages of notes. Why well because. I care that much about this. I started to think about doing this a few years ago and it really for me started with a call. I got way back in two thousand and eight when i got a call from a pharmacist. Actually at minneapolis children's hospital and he said that the cost of this life saving heart drug for heart defects had gone up astronomically from like eight hundred dollars a treatment to sixteen hundred dollars treatment and he didn't know why and so. This is a very typical. You get these constituent calls so our staff followed up ahead of minneapolis children's and lo and behold. It turned out that one company had bought that drug but then they had also cornered the market by buying the competitor drugs. And so what happened. Was that the ftc got involved after. I brought it up. It's like your classic new senator. And i bring it up. I have the little vial at a hearing. And i say why is this happening to the ftc and they start federal trade commission based start looking into it and ended up bringing a major suit and that was really exciting. Then which is typical of a lot of these cases. The courts threw it out. Basically and said oh it's the other similar and then it took years for a generic and another competitor to develop

Senator Amy Klobuchar Minneapolis Children's Hospita Heart Defects Minnesota Federal Trade Commission Washington Minneapolis
FTC and EU Warn They Could Crack Down on Biased AI

Marketplace Tech with Molly Wood

01:57 min | 3 months ago

FTC and EU Warn They Could Crack Down on Biased AI

"The federal trade commission issued a strongly worded post monday warning companies against unfair or deceptive practices in their use of ai as well as violations of fair credit rules it told companies to hold themselves accountable for their algorithms or quote. Be ready for the ftc to do it for you. Dang and also this week the european union drafted detailed legislation that would regulate a including banning some surveillance and social credit scores. Let's check it out and quality assurance the segment where we take a deeper look at big tech story. Kahlo is a law professor at the university of washington. He says the ftc post was a surprise and as reading through it. My eyes were getting bigger and bigger and bigger. And i'm just sort of marveling at the language that the that the staff attorney his use but basically it's a shot across the bow for those people who are using and selling systems warning them that if they exaggerate claims about a i or if they sell ai that has a racially discriminatory on a fact that they should expect scrutiny from the federal trade commission. I guess my response. When i first saw that note though was we don't really have metrics for this. You know there's no consensus on how to judge whether ai is biased. The ftc is understaffed. Like how meaningful is the threat. Really remember that. The federal trade commission doesn't necessarily need to establish this or that algorithm is fair according to some metric. What they have to establish is that the company engaged in unfair or deceptive practice. Take for example. The the warning that you shouldn't make claims about what artificial intelligence can do that or not supported by the evidence right that's quite analogous to another context where you might exaggerate exaggerate the efficacy of some vitamin supplement.

Federal Trade Commission Kahlo Dang European Union University Of Washington AI
Supreme Court Cuts Back FTC Power to Seek Ill-Gotten Gains

AP 24 Hour News

00:16 sec | 3 months ago

Supreme Court Cuts Back FTC Power to Seek Ill-Gotten Gains

"Cut back the Federal Trade Commission's authority. Recover ill gotten gains. The justices overturned a nearly $1.3 billion award against a professional race car driver who was convicted of cheating consumers through his payday loan. Business. Mixed results

Federal Trade Commission
FTC Challenges Illumina’s Proposed Acquisition of Cancer Detection Test Maker Grail

WSJ What's News

00:44 sec | 4 months ago

FTC Challenges Illumina’s Proposed Acquisition of Cancer Detection Test Maker Grail

"Federal trade commission has filed a lawsuit seeking to block gene sequencing company alumina from acquiring grail the developer of a blood test that promises to detect cancer early. The ftc says the plan seven point one billion dollar deal would diminish innovation because test developers have no choice but to use aluminum instruments the commission alleges that the company could raise the prices at charges to growls competitors and impede their research and development efforts. The case sets up a major test for us antitrust enforcement because the proposed deal is a vertical merger of companies. That don't compete head to head. The only other litigated challenge to a vertical merger in the past forty years was the justice. Department's twenty seventeen case against at and t.'s. Acquisition of time warner which the government

FTC Alumina Cancer United States Time Warner
"us federal trade commission" Discussed on 106.1 FM WTKK

106.1 FM WTKK

01:50 min | 2 years ago

"us federal trade commission" Discussed on 106.1 FM WTKK

"Go to for music this new season is in full swing it's a good thing that secured his denture with super poligrip now he can join the snacks as much as the game it's that time of year when the family meets family it's a good thing Jack cleans his denture with politics so we can enjoy the whole day with confidence dad would you doing cramming for college I'm the one going to college he we need to figure out how we're gonna pay for it all discover student loans discover does student loans yeah they're one of the top private student loan lenders in the country it takes fifteen minutes or less to apply and there are no fees for the life of the loan best of all I can earn cash rewards if I get good grades really yeah we still have time to apply and get a great rate so I can just chill college kids still say that right no one says that dad really yeah visit discover student loans dot com to apply today limitations apply Jim up only a few days ago I told you have Equifax the big credit reporting agency has to pay a hundred and twenty five dollars in damages up to twenty thousand dollars a person to everyone seriously harmed by its giant data breach believe it or not the scammers are out in full force already can command of your Friday consumer tech update brought to you by simply save the best security system for your home period don't live in fear get yours at simplisafe cam dot com the warning comes from the US Federal Trade Commission fake websites are pretending to be the place to get your Equifax settlement here's a red warning sign never pay anything to anyone to get your claim if you're asked to pay a fee of any kind it's a scam to be safe get your claim.

Jack Jim Equifax US Federal Trade Commission twenty thousand dollars twenty five dollars fifteen minutes
"us federal trade commission" Discussed on Family Tech Update

Family Tech Update

04:34 min | 2 years ago

"us federal trade commission" Discussed on Family Tech Update

"The US Federal Trade Commission recently did a in-depth investigation into the data collection and advertising practices towards children on YouTube what they found has kind of spurred on a certain congressman to request the FTC force YouTube to make some major changes to the way they advertise to kids Edward Markey, a Senator from Massachusetts has put together a letter in a fishery asked the FTC to enforce some strict rules and policy changes on how Google uses YouTube to advertise to kids. The document says that Coppa exists to protect children, and Google is not following it on how they treat kids data on YouTube, some of the rules that they're asking the FTC to enforce on YouTube are as follows require Google to immediately stop collecting data from any users known to be under the age of thirteen and delete all data. Google's control collected from children under thirteen. Even if now that user is thirteen or older. They want to institute an employee mechanisms to identify on an ongoing basis any users under thirteen to deny access to these users unless YouTube updates its processes to comply with Coppa now Coppa is the children's online privacy Protection Act of nineteen eighty two which is basically something that says you cannot collect data from kids twelve and under only thirteen and older. But this is saying YouTube has been doing that. They also want to not allow influencers to market to children. This is a big deal because many of you tubes, top moneymakers, our are unbalancing videos and people who do one hundred percent advertising toys and products to kids. They also want Google to be audited annually by a third party to make sure that before they put out any new content for kids. It is completely Coppa compliant. They're also asking YouTube, too. Implement a fund that will allow them to make content that is educational and entertaining for kids without collecting any data or having any advertising at all a quote from this letter that I want to read to you. I think basically outlines this request very well. It says this personal information about a child can be leveraged to hook consumers for years to come. So it is incumbent upon the F, T C to enforce federal law, and act as a check against the ever increasing appetite for children's data as a parent. We need to understand that these companies give us free content in exchange for our information when they give your kid free content. It is not free. It is in exchange for your child's information because they can use that information to sell products. They can sell them toys on Amazon. They can sell them toys directly on their channel most of what YouTube calls entertainment is actually product placement one hundred percent and. So when a unbalancing video is on or your kid is watching somebody else play video game many times, those that content has been sponsored by those companies, and they're saying, hey, you're an influence her play with my toys or play our game on your channel. So kids will want to buy it. So a lot of YouTube is one hundred percent advertising and the government is trying to do something about it, and try to make them follow these policies that have been very prevalent on television and radio and other entertainment sources up to this point, the internet is just a crazy wild wild west kind of place and the more restrictive gets the less, it's gonna feel like the internet of old, but the more important it's going to be because of the amount of time are kids are spending on there. But all in all as parents, it's our job to pay attention to this information. To learn about it as the best we can and help our kids, make good choices and make good healthy choices for

Youtube Google Coppa US Federal Trade Commission Edward Markey Massachusetts partner congressman Senator Michael prince Amazon one hundred percent
"us federal trade commission" Discussed on Family Tech Update

Family Tech Update

04:34 min | 2 years ago

"us federal trade commission" Discussed on Family Tech Update

"Youtube may have to stop making money off of your kids. The US Federal Trade Commission recently did a in-depth investigation into the data collection and advertising practices towards children on YouTube what they found has kind of spurred on a certain congressman to request the FTC force YouTube to make some major changes to the way they advertise to kids Edward Markey, a Senator from Massachusetts has put together a letter in a fishery asked the FTC to enforce some strict rules and policy changes on how Google uses YouTube to advertise to kids. The document says that Coppa exists to protect children, and Google is not following it on how they treat kids data on YouTube, some of the rules that they're asking the FTC to enforce on YouTube are as follows require Google to immediately stop collecting data from any users known to be under the age of thirteen and delete all data. Google's control collected from children under thirteen. Even if now that user is thirteen or older. They want to institute an employee mechanisms to identify on an ongoing basis any users under thirteen to deny access to these users unless YouTube updates its processes to comply with Coppa now Coppa is the children's online privacy Protection Act of nineteen eighty two which is basically something that says you cannot collect data from kids twelve and under only thirteen and older. But this is saying YouTube has been doing that. They also want to not allow influencers to market to children. This is a big deal because many of you tubes, top moneymakers, our are unbalancing videos and people who do one hundred percent advertising toys and products to kids. They also want Google to be audited annually by a third party to make sure that before they put out any new content for kids. It is completely Coppa compliant. They're also asking YouTube, too. Implement a fund that will allow them to make content that is educational and entertaining for kids without collecting any data or having any advertising at all a quote from this letter that I want to read to you. I think basically outlines this request very well. It says this personal information about a child can be leveraged to hook consumers for years to come. So it is incumbent upon the F, T C to enforce federal law, and act as a check against the ever increasing appetite for children's data as a parent. We need to understand that these companies give us free content in exchange for our information when they give your kid free content. It is not free. It is in exchange for your child's information because they can use that information to sell products. They can sell them toys on Amazon. They can sell them toys directly on their channel most of what YouTube calls entertainment is actually product placement one hundred percent and. So when a unbalancing video is on or your kid is watching somebody else play video game many times, those that content has been sponsored by those companies, and they're saying, hey, you're an influence her play with my toys or play our game on your channel. So kids will want to buy it. So a lot of YouTube is one hundred percent advertising and the government is trying to do something about it, and try to make them follow these policies that have been very prevalent on television and radio and other entertainment sources up to this point, the internet is just a crazy wild wild west kind of place and the more restrictive gets the less, it's gonna feel like the internet of old, but the more important it's going to be because of the amount of time are kids are spending on there. But all in all as parents, it's our job to pay attention to this information. To learn about it as the best we can and help our kids, make good choices and make good healthy choices for them. Thank you for watching a Michael prince with because family dot org. Family tech blog dot com. You could partner with our podcast videos, blog everything else by going to because family dot org slash partnership. All the information on how to partner with us is there, including a link to our patriotic patriot dot com slash because family. Thanks. Again. We'll see next.

Youtube Google Coppa US Federal Trade Commission Edward Markey Massachusetts partner congressman Senator Michael prince Amazon one hundred percent
"us federal trade commission" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

14:17 min | 2 years ago

"us federal trade commission" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Qualcomm is really a mysterious story right now. Shares down more than two and a half percent today after a nearly eleven percent tumble yesterday. A question is whether their business model is being fundamentally challenged right now in court and whether basically they have an existential threat that is looming down on them. Sure, over day, joining us here at our Bloomberg interactive brokers Sudodo's technology columnist with Bloomberg opinion. So just lay out the issue, here, there was a court case that was particularly punitive y. Yes. So this was a court case that the US Federal Trade Commission, brought it was an antitrust case. And then overnight on Tuesday, a US district court judge ruled that, basically the way that Qualcomm has conducted business is in fact violation of antitrust law. The way that the company, basically, if you want welcomes chips, you need to license, a set of, of patented techniques. From the company so that no license no chips, and also, even if you're not using welcomes chips, you still need to pay the company for these kind of collection of patents that are really essential to the functioning of modern smartphones and other computing devices and the judge said, that's not legal. I have to admit I was very confused by the judge's ruling to surprised, and I guess, so was the market stocks sold off so much yesterday because when they had their apple resolution a couple of weeks ago, the stock rallied, and I thought, okay that's it. The Qualcomm story it's off to the races, but they're still the FTC issue out there. So this is something that's still fundamentally on the radar for this company. Yes. And frankly, I thought the same thing about the application of apple brought suit against Qualcomm over almost exactly the same issues that the judge ruled on this week. And so you're right. When Qualcomm and apple reached a legal settlement. I think a lot of investors thought, well, that's behind them. But look this issue about Qualcomm dual sided business model, the selling of chips and the licensing of its. Patents and the links between them it's been an issue over and over and over again and repeated litigation in repeated regulatory investigations and finds all over the world. It is kind of a fundamental aspect of quo comes business, but it's also under constant assault will. And so, then I guess that then the larger question here is, what is Qualcomm as a business without the stream of patent revenues because you were saying out we were speaking earlier this morning that those patent revenues account for more than fifty percent of the firm's income. Well, I guess we may see what, what Qualcomm looks like if, if you sort of untangle the two halves of, of the company's business, but we should say that, look this may not be kind of the nuclear option in this in this legal ruling that Qualcomm has had disagrees with the judge's decision. Of course, the company has asked for an expedited appeal. I soon the, the litigation is going to the appeal process gonna take many years to resolve. They are there may be ways for Qualcomm to sort of adjust its relationships with customers in a way that doesn't mean dumping one or or, or the other half of its business model. So there could be some kind of middle ground. That is not kind of Qualcomm blowing up how it does business. Is there any chance for a settlement or the fact or if we just passed that point now between the Qualcomm, and the FTC I, I mean, I think the since the FTC won this case. I can't. I I mean I don't know. No is, is the short answer. But I find it hard to believe there would be a settlement. But again, there could be some kind of resolution assuming the judge judge's decision holds up on appeal that falls short of Qualcomm, having to blow up everything and subject itself to government scrutiny, a government oversight for seven years. So we were talking about how apple had their lawsuit against Qualcomm, who is the biggest sort of I don't wanna use the word victims since that's loaded. But who's on the other side of some of these suits who's most angry? We'll certainly the customers including including smartphone makers, like Samsung and apple and while away the the ladder, two had various litigation pending against Qualcomm, and look, I think what the FTC argued in its litigation was that the ultimate victim is the competitiveness of, of the US chip industry that the judge agreed that the way the Qualcomm does. Business. The way was able to sort of leverage its power in the chip market to sort of, overcharge, basically, for its patents it forced other companies either out of business other potential competitors to Qualcomm force them out of business, or kind of hindered, their ability to compete. So, ultimately, you know, the competitor the competitiveness of US technology may have been the ultimate victim here in one of the things, I remember, if I can think all the way back to the apple settlement just a few weeks ago of they were hailing it as kind of pro five G or pro technology is that an argument in Kuala comes gonna make here as they try to fight back against this ruling. Yeah. I think the fi- jargon, demand is going to be very interesting. So we saw last year, the US government stepped in to essentially block broadcom's proposed takeover offer of Qualcomm, that would have been a hundred billion dollar plus deal. And the gover- the US government's reasoning was if broadcom succeed. In this takeover. Qualcomm is going to be gutted they're going to slash costs. And that's going to hurt Qualcomm competitiveness in five G this next generation of wireless standard, that is considered sort of this essential national security priority, which is weird because I mean, look, it's a technology standard, but the, the US government and the Chinese government to have now, basically made five G this political football. And so one thing that, I wonder is will the US government step in, in this litigation that the FTC one and basically seek to blunt it against citing the ability of Qualcomm to remain competitive in five G, I have to wonder what Qualcomm side of this is because I hear what you're saying, and I thought that it was a really salient comment that you made the competitiveness of US technology may have been the biggest victim here. What is Qualcomm say to that Qualcomm, 's argument is the opposite, that it says look that their business model is not unusual. That the chip industry is competitive. And if you look at some, some estimates of market share Qualcomm is losing some market, share with shows that there is a competition out there and Qualcomm, basic fundamental point is look the way that we have set up our business model including, this patent licensing stream, we plow that back into tens of billions of dollars in research and development spending to come up with the next big technologies in the future. And look it is true that particularly in areas around cellular internet technology Qualcomm has been a leader, and there would be no smartphone industry without Qualcomm, it's interesting, I think if I'm a guest of Qualcomm investor, I just have to live with this litigation risk going forward. It's kind of the business model just licensing technology, and you're always going to have that issue. I think are you going to bet in the Trump put with five G, and that I think is really going to be a big bet, underpinning, some people who might dive in and buy the shares as they fall. Today. Yeah interesting I share of a day. Thank you so much for joining us once again. Shears technology calms for Bloomberg opinion. Joining us here in our Bloomberg interactive brokers studio. Paul. We liked to laugh,.

Qualcomm US Federal Trade Commission apple US US government Bloomberg interactive brokers Bloomberg Bloomberg interactive brokers broadcom assault Paul Samsung Trump football Chinese government five G hundred billion dollar eleven percent
"us federal trade commission" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:35 min | 2 years ago

"us federal trade commission" Discussed on Bloomberg Radio New York

"The culture is great. And I love the service real quotes from real advisers. In fact, advisers are head over heels about Commonwealth financial network, and it shows JD power has named us highest independent advisor satisfaction among financial investment firms five times in a row why so smitten maybe because we've been putting relationships first since nineteen Seventy-nine starting with our accountability to you and your clients alone. The consistent investments we make to ensure that you have every possible tool support and competitive advantage. And the fact that you can trust us to have your back through both good and challenging times. Visit Commonwealth dot com. And find out what it feels like to be swept off your feet. Member FINRA sipc, a registered investment adviser broker dealer for. JD power twenty eighteen award information. Visit JD power dot com slash awards. With the Bloomberg small business report, I'm John Tucker. The merchant cash advance industry, which provides an unregulated form of financing for small businesses has embraced the use of confessions of judgment in recent years, small businesses sign them as a condition of getting loans, effectively agreeing at advance to lose a court dispute. If one later arises now Commissioner Rohit Chopra of the US Federal Trade Commission was the Commissioner scrutinize potentially abusive terms, small business lending contracts. He says such terms of lead to a flood of questionable legal actions against small business borrowers. According to Bloomberg data cash. Advance companies have one more than twenty five thousand judgements against small businesses across the country says two thousand twelve the judgments allow lenders to legally sees borrowers Bank accounts and other assets without a judge's review. That's the Bloomberg small business report. I'm John Tucker. After graduating from NJIT Maria Kazan joined pharmaceutical giant, Merck and company as a chemical engineer. She's part of Merck's global engineering solutions and leads worldwide communications for the Merck women's network. She also helps the company recruit new talent from top universities, like NJIT NJIT graduates. They really come in and hit the ground running. Right. They know how to problem solving been prepared for it. They know how to work in the Vigili as well. As in teams, they have that kind of flexibility to work both ways. And that's exactly what we're looking for. We're looking for someone that is able to do both says able to do the individual words, but also work across teams and communicate effectively. I think NJIT's definitely helping us was providing.

NJIT Bloomberg JD power Commissioner Rohit Chopra John Tucker Merck Maria Kazan FINRA US Federal Trade Commission Vigili
"us federal trade commission" Discussed on The CyberWire

The CyberWire

04:19 min | 2 years ago

"us federal trade commission" Discussed on The CyberWire

"An idea of spokesman is quoted in the times of Israel to the effect that quote, HAMAs. No longer has cyber capabilities after our strike, and quote shinbone is said to have in some fashion neutralize the HAMAs cyber capability after which idea aircraft destroyed the building that houses the operations. But the operational reality is both more complex and more conventional Israel and the Palestinian SUNY Islamic militia have been engaged in active combat for the better part of a week with HAMAs firing an estimated six hundred rockets into Israel and Israel responding with hundreds of air strikes. It would probably be more accurate to regard HAMAs cyber headquarters as one target in a larger air campaign and the combat itself has another round in war. That's long had a cyber dimension. Cyber units will appear on target lists as other electronic warfare units. Have for decades. So to see the airstrike. As exclusively a response to a cyber threat is a stretch it was one strike in an extensive campaign, nor is it the first as E D net hints, at least not internationally the US killed ISIS. Hackers with a drone strike in two thousand fifteen as defense systems observed in contemporary accounts of American action against the caliph it the US Federal Trade Commission enforcement action against Facebook remains up in the air, it's likely to be severe. But the New York Times reports that the form such severity will take especially the nature of the penalties. If any to be directed against CEO Zuckerberg himself are believed to remain the subject of partisan disagreement within the commission. There's bipartisan skepticism of big tech. But disagreement over details. Late last week in anonymous electric utility filed in electric disturbance report to the department of energy indicating that some sort of cyber event had taken place. Blake sub check is a reporter at E news. And he's been leading the coverage of the story. It's still a little bit hazy because we don't actually know the utility who initially filed this form, obviously that information is available to the department of energy into other federal officials. But what deal we did share what the department of energy did share was that a denial of service condition was involved? And in fact, they also mentioned that it was not only any denial of service, but a denial of service that exploited a particular vulnerability, and they said that there was a patch already available for this phone ability. And so that utility in question was able to apply that patch and get back on its feet fairly quickly. They also were very careful to say that no power outages were involved. No. Actual disruption to to power generation happened as a result of this cyber incident. So things function the way that they were supposed to in case of an event like this, I suppose, that's right. And the best that I was kind of able to glean in terms of details surrounding this was that a particular type of of Cisco adoptive security plants product was involved. Now, Cisco declined comment on this. They said that they weren't aware of any reports. But of course, there in incredibly widely used both network security devices, and just routers. So my understanding is that there was some sort of denial of service condition instigated in these devices likely positioned at the edge of some transmission network based on the geographic footprint that we know. And this would have triggered the filing with DIO. We would have been enough basically to for you to say, oh, we're having trouble. Accessing these devices are appearing into our own networks. So we're going to have to tip off regulators at something's wrong here. And when they did actually dig in the they discovered that some remote hacker hackers had, you know, again exploited this phone or ability triggered a essentially a quick outage. But again, no actual blackouts associated with that. It sounds like the transmission grid and the power grid in that entire region was up and running when this happened on March fifth, and there were no service interruptions, can you take us through hell the department of energy categorizes things as a cyber attacks..

HAMAs Israel Zuckerberg US Federal Trade Commission shinbone Cisco New York Times US reporter defense systems Facebook CEO
"us federal trade commission" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:51 min | 2 years ago

"us federal trade commission" Discussed on Bloomberg Radio New York

"Crazy while a Nissan boss Carlo has gone has won his appeal for bail. The Tokyo district court has confirmed. Local media reports that he will be freed possibly later Thursday with bail set at four and a half million US dollars going was rearrested on April fourth on charges of breach of trust. And that he directed Nissan funds to individuals and Bank accounts linked to himself in Oman and Lebanon. Iran says it will be impossible for the US flash rainy on oil exports to zero and insists it will continue to sell crude around the world. That's after the White House announced this week that it won't renew waivers that let countries by Iranian crude without facing sanctions. Iran's president Ruhani said he'd consider negotiations with Washington, but talks would have to be held in mutual respect. While has foreign minister attack, the Trump administration during a speech at the UN. Do you nited states is also? Punishing those who seek to fulfill than multilateral obligations under Security Council resolution twenty to thirty one which called for normalization of economic relations. We did on this is the first time in the history of the United Nations member of the Security Council punishes countries put observing the Security Council on head. President Trump is said to have indicated a US support for an assault on the Libyan capital. Tripoli sources say he spoke to militia leader Khalifa half. Tar and back. The drive to topple the current U N back government in earlier phone, call with national security adviser, John Bolton is also sets up left top tar with the impression of US support an hat. However, a White House spokesman says the description of the calls is inaccurate. Facebook shares Thursday in late trade after it posted first-quarter sales growth of twenty six percent. The social media giant also sought to reassure investors over the impact of an inquiry by the US Federal Trade Commission into potential privacy violations based but said that's already set aside three billion dollars in the quarter in case of any charges. Although it estimates that a settlement could be as high as five billion analysts expected to make a first quarter loss, but not as big as the one that actually reported the car maker lost. Almost five hundred million dollars a record drop into liveries and its largest ever debt payment drained cash to the lowest level in three years. CEO Elon Musk told investors that losses would narrow in the second quarter and Tusla would return to profit in the third level news twenty four hours a day on air and take talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Deborah mouth this Bloomberg Tracy. Thanks so.

US Security Council Carlo President Trump Nissan Iran White House US Federal Trade Commission UN CEO Elon Musk Tokyo Facebook Tripoli Deborah mouth Bloomberg Tracy Twitter president Ruhani
"us federal trade commission" Discussed on Daily Tech Headlines

Daily Tech Headlines

03:03 min | 2 years ago

"us federal trade commission" Discussed on Daily Tech Headlines

"And lifting boxes up to forty pounds. Light are sensors help it navigate its surroundings and a control system helps it navigate cluttered rooms and stairs, agility, C, T O Jonathan Hirst sold Tripoli spectrum it's aimed at delivery Tele presence, and entertainment among other sectors, agility robotics will release pricing in mid twenty nineteen with deliveries of the robots starting in Q one twenty twenty. By dances. Tick tock has been downloaded more than two hundred forty million times in India, adding thirty million users in the last month while most think of tick tock as an app for teens to create videos political oriented post in advance of Indian elections are getting tens of millions of us. Neither the J P or congress parties have officially joined tick tock at this point still the rising tide of political videos cannot compare with the thirteen billion views for videos tagged Bollywood and some state ministers in India are calling for regulation or even bands of the app. Nintendo and game freak announced poke Amman sword and poke on shield coming to the Nintendo switch the next installment in the RPG will include a new region called gaylor and three new creatures groupie, a grass character score bunny a fire and skull Sabail for water. The new Pok Mon games are expected in late twenty nine thousand nine the US Federal Trade Commission or FTC will settle a case with cure encapsulation 's over accusations of making false claims about weight loss, but also paying third party to post fake reviews on Amazon settlement will seek cure Encapsulations pay fifty thousand dollars in form, Amazon which reviews were paid for and Email any customers who bought the pills with details of the FTC allegations. D wave announced its new Pegasus quantum computer technology can now connect each Cuba to fifteen other cubits that's up from six in the last bottle the platform also has five thousand cubits to work with though this is a noisier version of quantum computing with shorter coherence than quantum computers that you may have heard of from IBM Righetti and Google which are building universal quantum computers. However, d wave says it systems have the lowest noise yet that they've made leading to longer coherence times. The new platform will arrive on D waves leap, cloud computing platform in twenty twenty alphabet deep mind has created a machine learning model to predict energy output up to thirty six hours ahead of time in order to optimize the use of wind power power generated by wind turbines often wasted because of its unpredictability so far deep mind has tested the system on Google's wind farms itself and found about twenty percent increase in value though. It didn't really detail what that number meant. A Russian court convicted Reuss Lonsdale Yana of an executive Kaspersky labs of treason and sentenced him to fourteen years in prison. He was convicted alongside a Russian intelligence official. The men were arrested in two thousand sixteen in connection. With a case about aiding the US F B I in two thousand sixteen. Details of the court cases have been classified finally USB. Three point two will appear on devices later this year, the new standard doubles the maximum speed supported to twenty gigabits per second.

US Federal Trade Commission Google India Nintendo Amazon Jonathan Hirst Tripoli Reuss Lonsdale Yana Kaspersky gaylor Amman game freak J P Cuba IBM Righetti
"us federal trade commission" Discussed on KQED Radio

KQED Radio

06:23 min | 2 years ago

"us federal trade commission" Discussed on KQED Radio

"To say exactly what dictators do. So. Now, the time we have to put maximum pressure on Madero to step aside. Mr. Madeira, however, still has support of his own China. Russia and Turkey continue to finance his government at in a show of defiance insisted his victory in polls last spring had been legitimate. But he did sound a conciliatory note with the offer to hold talks with the opposition. So who will prevail? The opposition. Or the president with the details are America's editor canvas pit well. This political crisis in Venezuela has really divided the international community. There are now. Now over twenty countries that is supported quandary door the opposition leader, and including his biggest ally, the US and in Latin America, most of those big economies are in the hands of conservatives who support the US and most according for Mr. Maduro to stand down in Columbia immigration. Authorities have barred enlisted two hundred officials close to the Maduro government, Mexico and Uruguay have tried to remain neutral, and they just announced a conference of countries next week to try to build some pressure for negotiated settlement. This has always been rejected by Mr. Guido, the opposition accuses Mr Medina of using talks in the past to quell protests, and and by time, so it's not sure that that is a an option at this stage. And it's not just talks that president Madera is using to quell protests. He's he's got the military and the courts, so this is a very dangerous situation from his degree door. He admits it. Himself. The US has warned Mr. Maduro not to harm him. But the interior minister has opened criminal investigations against Mr. Gordo as well. And Mr. module has been seen in the last few days surrounding himself with mandatory men with large of phalanxes of Saul cheering soldiers, reinforcing his power base. So so who is going to be successful in the long term Madera in the military or Guido and his foreign backing Mr. Madera is backed by very powerful people. He has a very powerful countries. He has Russia. China Turkey on his side. But all of them have been financing his his government. Now, the military are also on mister Maderas side. So it's very difficult to read at the moment who or what could bring down Mr. Madero at this point. We could see that possibly. US sanctions and oil might begin to bite and force the economy further down. But even this may not work Madera administration has recently b diversifying into gold and tons and tons have been mined and stored and there's a report of suspicious airplanes from Venezuelan airports. Could he be shipping out this gold? Could he use this to bolster up his economy? Then is a very volatile and difficult country to read at this moment, and it's very difficult to see what's going to happen next despite data scandals and criticism. Over fake news. Facebook has made record profits nearly six point nine billion dollars in the final three months of last year with its annual takings greater than the GDP of many countries with almost a third of the world's population. Using it services the social media giant's huge reach means advertises a standing by the company as our Silicon Valley. Correspondent dave. Lee reports as long as appetizers find value in Facebook in terms of how many eyeballs it can attract advertisers are always going to be happy. In fact, you know, Facebook isn't just surviving. Just by these scandals is thriving is making more money from its uses than ever has done before. So it shames after a year in which the ceiling caved in on on Facebook. It doesn't seem to have actually their business in the slightest. So what does this mean does it suggest that uses actually don't really care about their online privacy? I think there's a strong argument to the user simply don't see much of no charity to Facebook. We do hear about people leaving Facebook recently. But they tend to do is use a platform like Instagram, which is also days. So that's that's included in that figure. And what do you think these numbers may do given that this is a year where Facebook too much likely face some kind of added regulation? I think most lawmakers my look at this and say, this is evidence that Facebook power is going to continue. You to grow unless something is done about tips that does that mean the regulators are going to step in and do something big. Well, what we're expecting in the near term is is a couple of big fines one of them would come from the FTC. That's the US Federal Trade Commission. They're looking at whether Facebook broken agreement it made back in twenty eleven about being transparent with how it used people's data. There's widespread acceptance at the FCC will certainly decide it has violated the consent decree that the question is how big that fine might be various Facebook makes so much money that what might sound like a big fine to Europe me at Facebook could easily be nothing while I mean, we certainly expected to be in the region of billions of dollars. But but I think regardless of the amount what might be more impactful on Facebook will be potentially they told they have to do to curb the issue at future there could be some measures. The actually she would put in place that could in. The long run be more damaging than any type of fine. In Zimbabwe, the demonstrations against the massive hike in fuel prices ended more than a week ago. But the BBC has heard testimony from victims of violence that the harsh response by these security forces against protestors is continuing president Mnangagwa has said that debut will be dealt with and urged or Zimbabweans affected to file an official complaint. Bizarre. Correspondent Andrew Harding reports from Zimbabwe's capital Harare. It's not quite that simple. So against comment competing to just should meet. It'd be lifted in Brooklyn in private clinic in Harari a dozen new victims of the army's ongoing crackdown these.

Facebook US president Mr. Madero Mr. Madera Mr. Maduro China Mr. Guido Russia Mr Medina US Federal Trade Commission Madera Zimbabwe Mr. Madeira Saul Turkey mister Maderas Venezuela Mexico Harare
"us federal trade commission" Discussed on NewsRadio KFBK

NewsRadio KFBK

02:09 min | 2 years ago

"us federal trade commission" Discussed on NewsRadio KFBK

"Thing down to make a deal Mr. Kudlow saying he expects another more than three percent growth quarter. But he won't predict how much the shutdown will hurt those numbers Andy Field. ABC news, Washington, Florida governor Iran to Santa says suspended the Palm Beach county election supervisor for her handling of the close midterm election Palm Beach county was the focus of a lot of problems. I'm in the aftermath of the election recount carried into December. You're listening to ABC news. And now more of our top stories here on NewsRadio cave became Facebook. Maybe facing the biggest fine ever imposed by the US Federal Trade Commission for privacy violations involving personal information of the social networks. Two point two billion users. The Washington Post reports that the FTC is considering hitting Facebook with a penalty they were top its previous record fine of twenty two point five million which had dealt to Google twenty twelve the story sites three. Unidentified people familiar with the discussions in an automated response, the F T. FTC said it was unable to comment citing its closure for the federal government shutdown apparently younger American workers are taking home bigger paychecks. According to numbers released by the Labor Department on Thursday said that worker is between sixteen and twenty four years older earning on average five hundred forty nine dollars per week for the year. That's about fifty nine percent of what older workers are making an it's the smallest gap that that's been since two thousand two salaries for younger workers, maybe rising because of a tightening job market and that forces employers to offer more money to attract even low skilled workers into positions Pulitzer prize winning American poet, Mary Oliver is dead. One of the nation's most popular poets died from lipoma cancer at her home a Thursday in Hobe, sound Florida. She wrote more than fifteen collections of poems and essays the focused on nature and the spiritual world, here's Oliver reading portion of her poem, titled the summer day. Tell me what else should I have done. Doesn't everything die at last and too soon? Tell me. What is it you plan to do with your one wild and precious life, many said, Oliver style was direct and easily? Understood and that made it accessible and earned her fans, including Hillary, Clinton and Gwyneth Paltrow..

Mary Oliver Mr. Kudlow US Federal Trade Commission Facebook ABC Florida Pulitzer prize Palm Beach county F T. FTC Washington Post Andy Field Palm Beach Gwyneth Paltrow Washington supervisor Labor Department Google Hobe Hillary
"us federal trade commission" Discussed on Daily Tech News Show

Daily Tech News Show

02:30 min | 2 years ago

"us federal trade commission" Discussed on Daily Tech News Show

"This is the daily tech news for Friday, January eighteen thousand nineteen in Los Angeles. I'm Tom Maryland and hunkering down in Cleveland from snowstorm. I'm Len Peralta and. Surprisingly seventy day, the show's producer Roger Chang, joining us today will not be Sarah lane because he's on vacation. But we're very happy to have Nicoli senior editor at engage it with us. Thanks for coming back. Nicole? Thanks for having me. Have you recovered from your ceus experience? I have recovered from my S experienced. I have not underwent undergone CS flu of any or anything. No, I escaped with that. You know, knock on wood. I guess it's late enough that wouldn't be. Yeah. So far, so good. We're gonna talk food tech with Nicole later in the show somebody during CAS was pointing out that you, and I are both lovers of the instant pot, which kinda got us thinking about talking about this. So we'll talk about the instant pot and a few other things let's start with a few. But you know, what actually I don't have Sarah to read these with me today. So Nicole, we play quick hits word association with me. Okay. So I will read the news item. And you tell me the first thing that comes to your mind after hearing the news item. Okay. Let's start with a few things, you should know. A big one. The Washington Post reports the US Federal Trade Commission is discussing imposing a fine on Facebook for violating its agreement to protect the privacy of user data. Now, this is three different sources telling the post this the FTC has not made this public. However, what is public is the FTC has been investigating since last year data given to Cambridge Analytica by Cambridge University data. Scientist Alexander Kogan in violation of Facebook's terms, and whether Facebook should be held responsible for that the findings and any possible fine that could come along with those findings have not been finalized. According to the post sources, and they're currently not making any progress because there's the lack of funding from the US government, which is shut down right now. Nicole? It's about time. It's time. All right. Very good. Microsoft announced it will end support for windows ten mobile devices, December tenth and officially recommends customers move to Android or so let's pour a little out for windows phone device backups for settings.

Nicole Facebook US Federal Trade Commission Sarah lane Washington Post Len Peralta Roger Chang Los Angeles Tom Maryland US Cleveland Cambridge Analytica Nicoli senior editor producer Cambridge University Microsoft Alexander Kogan
"us federal trade commission" Discussed on Daily Tech News Show

Daily Tech News Show

04:20 min | 2 years ago

"us federal trade commission" Discussed on Daily Tech News Show

"They they take those those combinations. And they know they won't work say at target anymore. But then they try them at a bunch of other places to see if they work somewhere else. Yeah. Man. I feel like this is another one of those DT NS greatest hits conversation. Certainly is right happens when we get into the post password world is it would seem to me that as we now have a deeper access by the browser or even by the OS when you're talking mobile to password keepers like last pass, and the like that this almost should be something that is more seamless than than it is like if you are logged in on a certain level, you should be able to pre fill out and just make sure that you're always, you know, that you're automatically updating to a new strong password periodically that you'd never see. Right because you're logging into your own biometric -ly, secure access point. In other words, they should really fix this system of past. Friends. Those are all good ideas. And like you say their greatest hits we've talked about it before we talk about Fido all the time, and that password, we're actually making progress towards getting rid of passwords and having a secure an occasion without using passwords with with Fido, keys and things like that. And as soon as you can build that into a phone, which which most people have then I think that really does start to catch on. But you're right. Yeah. Something needs to be done about this because this is not going to go away. And these passwords as long as they're lingering out. There are going to be a security risk for somebody. Also, just in the way that these things work if they are servicing on I have I been postponed, there are databases that we don't know about are no one hundred forty million addresses showed up now that had that hadn't been known before that just proves what you just said like up until now there are one hundred forty million addresses out there that weren't on have. I been shown that had been circulating around and other breaches yet. One hundred and forty million passwords that have been wrung dry for as much. As the people that had them before wanted to ring them. You know, I just want to mention this real quick. We are doing an experiment for people who would like to subscribe to just s without ads. But without patriotic breaker dot audio is where Roger has been uploading the the versions, and you just pay breaker it only works on I o s right now, they say they have an Android app coming out. So I haven't pushed it a lot. I just want to try it out. But I bring them up right now. Because breaker doesn't have passwords when you log in you put in your Email address, and it sends a link to that Email address to log in. Booms get. Yeah. I like that. All right. If you want to get all the tech headlines each day in about five minutes, be sure to subscribe to daily tech, headlines dot com. Tim cook, you know, him as the CEO of apple he is also an opinion piece writer for time magazine. At least today is Tim cook. In an op-ed piece for time called on the US congress to pass comprehensive federal privacy legislation. He outlined principles that should guide this privacy regulation, including the right to have personal data minimized. In other words, only collect what is absolutely necessary and strip identifying information from it the ability to access correct, and delete data that has been collected about you. Everybody should be able to see what was collected and modify it if they need to as well as the right for that data to be secure. In other words, we should have all these breaches than which has been talking about. Now, cook recommends the US Federal Trade Commission establish a data broker clearinghouse and require all data brokers to register giving consumers access to that data and the ability to correct, and delete it rich drop Lino who. Does daily tech headlines for us and helps out the show a bunch of other ways pointed out to me that this is kind of a tradition now for big companies to call for regulation once they've comfortably risen to the point that the regulation won't hurt them as much as it might hurt competitors. I yes..

Tim cook Fido US Federal Trade Commission US time magazine Lino Roger congress apple CEO five minutes
"us federal trade commission" Discussed on KSFO-AM

KSFO-AM

08:39 min | 2 years ago

"us federal trade commission" Discussed on KSFO-AM

"Grandpa. Sometimes I feel like I looked like Santa. And this is the Greg O Donnell financial our with me, Greg Donald Gregg Santo, Donald I do appreciate you being here. If you want to join on the conversation, eight six six four nine six twenty three hundred eight six six four nine six twenty three hundred. That's also number Scott. Call to schedule your complimentary holistic financial review, eight six six four nine six twenty three hundred you could also go to Donald financial group. You know, one of the things that we talk about during the complimentary review is a total real return of your investments. It's critical that you factor in the effects of fees taxes inflation with your investments, you can learn more about it on my website. O Donnell financial group dot. Click on the education and check out our useful guides under the useful guide section. So go to education than useful guides, and you'll find are six or current six white papers we had a couple of phone calls that I guess I'm not sure what's going on. With the phones. It's always fun on the weekend. The challenge of the week and radio shows John wants to know how much cash on have on hand Bank or safe. Well, thanks for the Email. Call john. I depending on your employment. So we three three months and two years. Like, what does that great? That's pretty wide span. So economy's good job market is strong didn't produce as many jobs as we thought we were gonna have this lost payroll. Be interested to see what the fed does this coming week. But if you're a self employed business owner in your servicing, the retail sector people who come to you, and by style from I would would like you'd see you look like for you toy boat toy I'd like you to have somewhere around one to two years of cash reserves, if you're employed you feel good about your job. You feel good about your company. Then I think you can get away with something closer to three months. So it's really going to depend on you. You've got to customize it from that perspective. The the out. I go out to two years. Why do I use that number? Well, I know that when the great recession happened ten years ago our portfolio models were all back within a year and a half call it two years. Yes, we five hundred took almost four and a half years get back to even so in our models. If we're representing you. We're your advocate would we did that holistic review? Learn a little bit more about you. What type of job do you? Have you have a pension as you just relying on social security and investment income rental income, whatever those those factors are, but you've got to take all that into consideration. What if you're a landlord or you have some rental properties, and you have a vacancy and the vacancy takes a little bit longer a little property needs some work because of deferred maintenance all those things need to be factored into the equation. And that's why I say that somewhere between three months and two years, depending on your employment or both of you and your wife working if kids are going to be paying for college. Those are all important factors that will will factor into or flow into what it is that you're doing. Let's see this other call we have here. Probate? Athena, would like information a regarding pro Bates. Okay. Well, we're gonna have Heather Kampe Pino on an a couple of weeks again. So I would tell you to tune in that will be not next weekend the weekend after I believe that'll be the weekend of the twenty ninth. So tune in there, but we'll see what we can do in terms of getting Scherr formation about probate. You could avoid probate. So if you have a living trust, it's one of those those key things if your property owner in California, I'm a big fan of that. So you just have to learn to protect yourself. And speaking of which I read this in the Wall Street Journal about scams going on everywhere in this is the tenth anniversary of the Bernie made off the Lasko. We'll talk about that later. But this story was caught my eye because it's a scam. Just a different Scott type a scam the US government shutdown what it called one hundred million dollar real estate investment scam. In believes, I don't know if you know believes is a beautiful country jungle and beach on the eastern coast Central America in this scam in Belize targets people. Maybe like you people who want to retire abroad and retirees are often targets for scammers in Belize. These developers were selling lots in a remote jungle area that they would call that they said would become a luxurious resort community. Instead they pocket the investors money built a little that. According to the the US Federal Trade Commission, the FTC FTC filed a suit last month against the against the developers and believes Atlantic international Bank, alleging it facilitated the alleged fraud. The incident marked the first time left. E C is sued a foreign Bank through the order. The FTC froze ten million of the bank's assets. Additionally in a rare move for the civil matter federal court in Maryland frozen passports at assets afford offenders who live in California. And here's something really interesting. The law firm barrow Williams, which represents a developer is owned in part by the prime minister of Belize deem, borrow which you know, certainly puts on a spin on our elected officials. Now, it does it not when asked about it, prime minister barrow defined any knowledge or any complaints about the. He denied them the scam a marketed under various names, including sanctuary believes went on for at least thirteen years and evolved more than a thousand investors. Know, look, you have more and more people are retiring overseas, we have some clients who have retired overseas. In the challenges. Are you are some of the laws are going to offer financial protection? But we'll all of them. So security is administrator tells us at last year there were more than four hundred thirteen thousand retirees living abroad, collecting, social security, probably because you can live pretty large in certain countries on just your social security in Central America has certainly become the large draw in there. But, you know, this is one of those perfect examples you worked all your life. You're trying to look at look or find that ideal retirement situation where you can live out your years in then someone comes and steals. Steals your money. That's that's that's always one of those hard ones to stomach when you hear about that for for seniors. But you gotta be careful you gotta be careful out there. And stuff happens. Whether whether you've gotta know your your situation in this has always been one of my challenges with real estate, obviously, this was more of a second home type community, but people who often want to travel or buy properties out of state because it's affordable. It's you don't have a lot of money. We're I'm big on real estate always have been we've always had a portion of our portfolios earmarked for real estate. The challenge comes into it for you, though, when you're not in a close proximity. You can't drive to that property. You're relying on others. Right. Is this kind of what happened on this one? They're buying something. Hate to say pie in the sky because you know, nothing was built about point in time. You're gonna build a development in the jungle. How do you know what you know? We don't know what you don't know until you know, oh, I should have saw the signs of that. So it's it's it's dangerous out there folks, you need to be careful, and you need to find that trusted advocate. That's going to help you be there for long term,.

developer US Federal Trade Commission Belize Scott California Donald financial group Greg O Donnell John Greg Donald Gregg Santo prime minister barrow Williams Donald I fed Grandpa. Heather Kampe Pino Wall Street Journal Santa Lasko
"us federal trade commission" Discussed on WCBM 680 AM

WCBM 680 AM

03:33 min | 2 years ago

"us federal trade commission" Discussed on WCBM 680 AM

"So governor HOGAN has created this emergency commission yesterday to redraw the borders of the Maryland six congressional district. So he's moving ahead on this this new map, despite the attorney general boy named sue is appealing. A federal ruling that ordered the redraft, and this is supposed to be a non partisan. Panel or commission nine Persian commission. Three Democrats three Republicans three unaffiliated voters to propose the new man. And while it sounds good on paper. One has to wonder the governor HOGAN. Has signed former US district judge Alexander Williams junior a democrat. So I'm going to go back and see that his background. But but he's the democrat Walter Olson is Republican who is a senior fellow at their what they're saying is the conservative Cato Institute. The Cato Institute is libertarian. Okay. It is a lot of times they mirror conservative positions, and philosophies, but not always so to describe them as conservative. Yeah. They're more conservative in the Baltimore Sun. But the Cato Institute is more libertarian those your two co chairs. And then the two currently coach Hogan's Merlin redistricting reform commission. The governor said Ashley Olsen state administrator of the league of women voters would represent unaffiliated voters on the Vattel. Sorry, governor the league of women voters is a left wing organization is run by a bunch of liberals, and they have a bunch of liberals, you know, working as the league of women voters. It is not independent. It is not unaffiliated. So it looks like the fixture's already in here. Well, this is obviously I mean if it's going to be any anywhere near what it turned out to be a gerrymandered district. I mean, we're talking about eighty thousand roughly about eighty thousand voters. Made up of Democrats and Republicans, but you had tens of thousands of Democrats that basically were moved into the new sick district, and tens of thousands of Republicans removed from the six the district. So if there's any more hanky-panky going on like it was before I'm sure that these federal judges will be made aware of it. And then we were told all wake to vote for HOGAN reelect HOGAN, because at the very least, we know he's more of a centre-left governor, certainly not a conservative, certainly not a more of a, you know, a rhino Republicans. But but reelect him because it would be you know, he would be crucial and redrawing these these lines and they congressional redistricting. And again, I don't know judge Williams all have to look him up. But I do know that there isn't a there's not a single conservative yet. Now, maybe there will be down the road, baby. But there's no there's not a single concern. Yet. To be honest with the I don't care who it is that they're gonna make up this non partners so-called nonpartisan commission, but it's going to basically have to pass muster as far as these federal judges are concerned who ruled that the sixth district was gerrymanders that begin with. I think we should just go back to they should be drawn along geographic lines and with without any partisan favor. Forethought period. And again the district if you don't like the district you're in move. Sorry,.

governor HOGAN Cato Institute Persian commission Walter Olson Alexander Williams reelect HOGAN Maryland US Baltimore Sun sue Ashley Olsen attorney senior fellow Vattel administrator
"us federal trade commission" Discussed on AP News

AP News

01:48 min | 4 years ago

"us federal trade commission" Discussed on AP News

"Dot com or download the app today apple stepping up its legal battle with qualcomm seeking devoid compared claims the licensing agreements over the technology used to our phones and i've pads in federal court via early tuesday apples bided a supreme court ruling last month that a printer cartridge makers patent rights with the initial sale of the cartridges apples says that ruling strengthens its argument that qualcomm cannot continue to demand royalties the patten's after selling so we will chips the new court documents expand on a billiondollar lawsuit apple filed in jail anyway qualcomm is disputed apples claims but it's overcharging for pat related license fees the us federal trade commission has also accused qualcomm of imposing unfair licensing terms on manufacturers two versions of president trump's travel ban have been denied by cord some does ap's a jackie quinn reports of new poll finds most americans agree with those decisions fifty seven percent of americans in an associated press n o r c poll say the courts acted correctly by blocking the travel ban from taking a fact thirty nine percent say the courts are wrong interfering not surprisingly democrats are largely opposed to the ban while republicans are largely supportive president trump has said the ban is needed to keep wouldbe terrorists out of america but opponents say it unfairly targets muslims jackie quinn wa washington google trying to turn its search engine into an employment engine jobhunters will now be able to go to google nc help wanted list things that at search engine collects across the internet the results lame to streamline such listings by eliminating duplicate jobs posted on different sites google also show employer ratings from current and former workers as well as typical commute times to job locations the tech giants teaming.

apple qualcomm trump travel ban america google search engine us president ap jackie quinn fifty seven percent thirty nine percent billiondollar
"us federal trade commission" Discussed on Daily Tech Headlines

Daily Tech Headlines

01:47 min | 4 years ago

"us federal trade commission" Discussed on Daily Tech Headlines

"Consumer reports is rated the samsung galaxy s eight and s eight plus as the top smartphone and design battery life camera and other categories consumer reports like the waterproofing the vessel lists sides and the five point eight in screen they did not like the fingerprint sense are being on the back very much instagram will let people add a paid partnership label that will appear above pictures label is voluntary but requested by users attempting to comply with the us federal trade commission guidelines the european court of justice has ruled quote making available and managing an online platform for sharing copyrightprotected works such as the pirate bay may constitute an infringement of copyright even if the works in question replaced online by users of the online sharing platform the operators of that platform play an essential role in making those works available the ruling came in response to requests to block pirate bay thompson reuters released block one iq which will let companies used their financial data in trading systems based on the theory i'm and korda blockchain's sam chadwick director strategy and innovation blockchain's said the releases designed to speed the adoption of block chain and financial services by providing a live financial data that underpins traditional trading technology the new york times announced a new comment curious in system called moderator created using alphabets jigsaw incubator moderator uses machine learning to prioritize comments for further moderation and automatically approve others all weekday top stories on the site will now allow comments for eight hours after posting news in opinion sections will be open for twenty four hours and previously all comments had to be reviewed by the times community desk by hand.

instagram reuters blockchain financial services new york times samsung us european court of justice sam chadwick director twenty four hours eight hours
"us federal trade commission" Discussed on Daily Tech News Show

Daily Tech News Show

01:47 min | 4 years ago

"us federal trade commission" Discussed on Daily Tech News Show

"Consumer reports is rated the samsung galaxy s eight and s eight plus as the top smartphone and design battery life camera and other categories consumer reports like the waterproofing the vessel lists sides and the five point eight in screen they did not like the fingerprint sense are being on the back very much instagram will let people add a paid partnership label that will appear above pictures label is voluntary but requested by users attempting to comply with the us federal trade commission guidelines the european court of justice has ruled quote making available and managing an online platform for sharing copyrightprotected works such as the pirate bay may constitute an infringement of copyright even if the works in question replaced online by users of the online sharing platform the operators of that platform play an essential role in making those works available the ruling came in response to requests to block pirate bay thompson reuters released block one iq which will let companies used their financial data in trading systems based on the theory i'm and korda blockchain's sam chadwick director strategy and innovation blockchain's said the releases designed to speed the adoption of block chain and financial services by providing a live financial data that underpins traditional trading technology the new york times announced a new comment curious in system called moderator created using alphabets jigsaw incubator moderator uses machine learning to prioritize comments for further moderation and automatically approve others all weekday top stories on the site will now allow comments for eight hours after posting news in opinion sections will be open for twenty four hours and previously all comments had to be reviewed by the times community desk by hand.

instagram reuters blockchain financial services new york times samsung us european court of justice sam chadwick director twenty four hours eight hours