The Federal Trade Commission could resolve its investigation into Chinese-owned short video app TikTok over allegedly faulty privacy and data security practices by either filing suit or reaching a settlement in the coming weeks, a source told Reuters. Politico earlier reported the potential FTC action on Tuesday citing people with direct knowledge of the matter. The FTC … Read more
Recently, when the billionaire hedge-fund manager Bill Ackman made headlines for militating against the thought crimes of Harvard undergraduates, the coverage disinterred memories of what had previously been Ackman’s most famous moral crusade: his five-year campaign, during the twenty-tens, to short-sell Herbalife, the dietary-supplement company. Herbalife can be politely called a “multilevel-marketing” or “direct-sales” or … Read more
There are many reasons to want to block specific numbers on your phone. Whether it’s nuisance spam callers, or a particularly persistent ex you no longer want to talk to, the humble Block option is a phone mainstay. It used to be you’d need to contact your carrier to stop a particular number from calling … Read more
Copilot logo displayed on a laptop screen and Microsoft logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on October 30, 2023. Jakub Porzycki | Nurphoto | Getty Images On a late night in December, Shane Jones, an artificial intelligence engineer at Microsoft, felt sickened by the images … Read more
Avast You’d think that few types of software are as trustworthy as some of the best antivirus programs, but it turns out that perceptions can be deceiving. Avast, one of the most recognizable antivirus solutions for PCs, was found to be secretly collecting and selling user data to third-party corporations for a period of six … Read more
The FTC orders will allow the agency to scrutinise the inner workings of deals between Microsoft, Google and Amazon and AI providers to help the antitrust and consumer protection agency understand how these deals have affected competition. 03:08 What if robots took over the world? One ‘imagines’ nightmare scenario What if robots took over the … Read more
Emails obtained by The Post reveal Federal Trade Commission nominee Melissa Holyoak’s chummy rapport with ex-colleagues at a Google-funded think tank – including one who wrote of the FTC that “burning it to the ground is too good for it.” Holyoak, the Republican solicitor general of Utah, previously spent five years as an attorney for … Read more
Illumina said on Sunday that it would divest cancer diagnostic test maker Grail after the companies battled both US and European antitrust enforcers for more than two years and faced fierce opposition from activist investor Carl Icahn. The divestiture will be executed through a third-party sale or capital markets transaction, San Diego-based Illumina said in … Read more
