federal trade commission

FTC sues Match.com owner for allegedly conning people to pay

The Federal Trade Commission on Wednesday sued online dating giant Match Group, the owner of OKCupid, Tinder and PlentyOfFish, for allegedly enticing people to pay for its Match.com service using fake love interest ads, along with other allegedly deceptive business practices.

Trump proposal targets social media censorship

A draft executive order from the White House could put the Federal Communications Commission in charge of shaping how Facebook, Twitter and other large tech companies curate what appears on their websites, according to multiple people familiar with the matter.

Facebook to pay record $5 billion penalty over privacy breaches

The Federal Trade Commission announced a $5 billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive troves of personal data and mishandled its communications with users. It is the largest fine in FTC history — and yet still only about a month's worth of revenue for Facebook.

Equifax will pay up to $700 million after data breach

Credit reporting agency Equifax has reached a deal to pay up to $700 million to state and federal regulators to settle probes stemming from a data breach that exposed the personal information of nearly 150 million people. It will be the largest settlement ever paid for a data breach.

DOJ edges toward Google antitrust probe

The Justice Department is laying the foundation for a potential antitrust investigation of Google, three people familiar with the matter say — zeroing in on one of the world's wealthiest and most powerful tech companies as policymakers around the globe are calling for tougher regulation of an increasingly embattled industry.

Consumer advocates raise red flags over Trump's top agency picks

Consumer advocates raised big concerns this week about the two top officials the Trump administration has appointed to protect Americans from fraud, claiming one has no related experience and that the other won't be able to go after companies like Equifax, Facebook, Amazon and Verizon because of his work in the private sector.