FTC investigating relationships between AI startups, tech giants
The Federal Trade Commission (FTC) announced Tuesday that it is opening an investigation into major technology companies' multibillion-dollar investments in generative artificial intelligence (AI) companies. The FTC said it is seeking information about partnerships between Microsoft and OpenAI, Amazon and Anthropic, and Google and Anthropic. The agency said all five companies had been ordered to […]
FTC bans TurboTax from advertising ‘free’ services, calls it deceptive – CNN
Kimberly White/Getty Images Turbo Tax appears on your device in San Francisco, California on February 22, 2018. new york CNN — Federal Trade Commission ruled by final order And Monday's opinion says TurboTax, a popular tax preparation software, engages in deceptive advertising and prohibits the company from advertising its services as free unless they are […]
FTC: TurboTax maker deceived customers with ‘free’ services – The Hill
The Federal Trade Commission (FTC) ruled Monday that the maker of TurboTax deceived customers by claiming that a version of its online tax filing software for which most customers must pay was free. did. of The FTC opinion states: Intuit's TurboTax Free Edition is sold as a stripped-down version of its paid software for customers […]
FTC: TurboTax maker deceived customers with ‘free’ services
The Federal Trade Commission (FTC) ruled Monday that the maker of TurboTax misled customers by claiming that a version of its online tax filing software, for which most customers must pay, was free. . F.T.C. opinion Intuit's TurboTax Free Edition is sold as a stripped-down version of its paid software for customers making simple returns, […]
Trump’s Iowa victory may derail Melissa Holyoak’s FTC bid
Melissa Holyoak's already rocky bid to win a seat on the Federal Trade Commission could be further complicated by Donald Trump's landslide victory in Iowa, sources said on Wednesday. told The Money. The former president's top advisers are adamantly opposed to any future Trump nominations and have already begun urging Republican lawmakers to consider Trump's […]
End of annoying robocalls? FTC cracks down on deceptive practices
The Federal Trade Commission has reached a settlement with XCast Labs after the Voice over Internet Protocol provider was accused of facilitating billions in robocalls. Federal regulators have sued the California-based company for helping other companies circumvent the Do Not Call Registry. Now, XCast Labs could have to pay a $10 million fine and begin […]
FTC nominee Melissa Holyoak traded chummy emails with Google-backed firm that ‘advocates abolishing antitrust rules’
Emails obtained by the Post reveal close ties between Federal Trade Commission candidate Melissa Holyoke and former colleagues at a Google-funded think tank, including one who said the FTC should be “burned down.'' One person also wrote, “It's a waste.'' Holyoake, Utah's Republican attorney general, previously served as an attorney for the Competitive Enterprise Association […]