The United States Federal Trade Commission will be receiving over $450,000 from Yelp as part of a settlement deal in the case where Yelp had been accused of violating child privacy. Apparently, Yelp had accepted registrations to its services by users who were under 13 years of age. According to the Federal Trade Commission, Yelp has violated several rules when doing so, especially the Children’s … [Read more...]
Buffet’s Berkshire Second Mistake Costs $896,000
The government will be receiving $896,000 from Warren Buffet’s Berkshire Hathaway after the company allegedly violated the antitrust law filing requirements for yet another time. According to the Federal Trade Comission, Warren Buffet’s Berkshire should have disclosed its plan to increase its stake in USG before last year’s close of the deal. As a result, the company has now settled the Justice … [Read more...]
T-Mobile Accused of Bilking Customers through Fraudulent Charges
The U.S. mobile communications provider T-Mobile has recently come under the scope of a federal investigation and is also facing a potential lawsuit. The company is being targeted for allegedly bilking hundreds of millions of dollars from its clients, through fraudulent charges. The Federal Trade Commission filed a complaint in court on Tuesday against the company and the Federal Communications … [Read more...]
Snapchat faces 20 years privacy oversight in FTC settlement
In a big relief to Snapchat, the company has successfully settled charges with Federal Trade Commission (FTC), which has accused it of deceiving consumers by promising that photos sent on its service disappeared forever after a certain period of time. Under the terms of the settlement, the company’s privacy practices will be monitored by an independent professional for the next 20 years. In … [Read more...]
