CNN — Epic Games, maker of the hit video game “Fortnite,” has agreed to pay a total of $520 million to settle US government allegations that it misled millions of…
Tag: FTC
FTC looks to block Microsoft’s blockbuster acquisition of Activision Blizzard
Washington CNN — The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history. The administrative…
FTC probes Amazon’s $1.7 billion acquisition of Roomba maker iRobot
On Monday, the FTC requested more information from both companies about the $1.7 billion deal, according to an investor filing from iRobot, in what’s known as a “second request” and…
Amazon’s Bezos, Jassy must testify in FTC investigation
Washington CNN Business — Amazon founder Jeff Bezos and CEO Andy Jassy must testify in an ongoing Federal Trade Commission probe into whether the company misled people into subscribing to…
FTC sues data broker Kochava for selling location information that could unmask abortion-seekers
Monday’s suit targets Kochava, a marketing data company that lists major brands including Disney, McDonald’s and Hilton among its clients. The FTC complaint alleges that Kochava failed to protect consumers…
Amazon accuses the government of harassing Jeff Bezos and Andy Jassy, revealing vast scope of FTC probe
CNN Business — Amazon is fighting the US government’s attempt to question its founder, Jeff Bezos, and its CEO, Andy Jassy, as part of a year-long investigation into whether the…