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The News4JAX Morning Show team brings you breaking news from overnight -- local, national and international stories, as well as weather and traffic to start your day.

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FEDERAL TRADE COMMISSION


2 days ago

Egg price spike prompts demands for price-gouging probe

With egg costs more than doubling in the past year, calls are coming for an investigation into possible price gouging.

cbsnews.com
2 days ago

Soaring egg prices prompt demands for price-gouging probe

With egg prices more than doubling in the past year, calls are coming for an investigation into possible price gouging.

3 days ago

Ex-Twitter engineer tells FTC security violations persist after Musk

Concerns about Twitter’s security soared after an incident in 2020 when teenagers breached Twitter’s internal systems and tweeted as Musk, Barack Obama and others.

washingtonpost.com

Are you a former AT&T unlimited data plan customer? You might be eligible for a refund, the FTC says

The Federal Trade Commission on Thursday announced a new claims process to return money to thousands of former AT&T customers as a result of a $60 million settlement with AT&T.

Don’t answer another online quiz question until you read this

The Federal Trade Commission (FTC) is warning people about taking online quizzes.

JPMorgan says college-planning firm it bought lied about its scale. Consumers may have been misled, too

The founder of a college-planning platform allegedly lied to Chase to convince the bank to acquire it. The company's claims to consumers were also dubious.

cnbc.com

Many workers barely recall signing noncompetes, until they try to change jobs

Employers say that noncompete agreements are needed to protect trade secrets and investments. The FTC says they deprive workers of their economic liberties and has proposed a rule to ban them.

npr.org

U.S. Chamber of Commerce threatens to sue the FTC over proposed ban on noncompete clauses

The U.S. Chamber of Commerce, which has curried the favor of Republican lawmakers, said it will sue the FTC if it pursues a ban on noncompete clauses.

cnbc.com

Date safer: Recognizing red flags in online romance

According to the Federal Trade Commission, that’s higher than any other scam. Now, new campaign apps are launching to educate users.

What a Ban on Non-compete Agreements Could Mean for American Workers

Companies often prevent employees from joining rivals. The Biden Administration wants that to end.

newyorker.com

Twitter leak exposes 235 million email addresses from hack

Personal emails linked to 235 million Twitter accounts hacked some time ago have been exposed according to Israeli security researcher Alon Gal — making millions vulnerable to having their accounts compromised or identities exposed if they have used the site anonymously to criticize oppressive governments, for instance.

Millions of workers are subject to noncompete agreements. They could soon be banned

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

npr.org

Feds propose rule that would ban noncompete clauses

It's increasingly common for companies to ban employees from working for a competitor as a condition of employment.

cbsnews.com

Regulators propose rule that would ban noncompete clauses

It's increasingly common for companies to ban employees from working for a competitor as a condition of employment.

cbsnews.com

FTC proposes rule that would ban employee noncompete clauses

The Federal Trade Commission is proposing a rule that would prevent employers from imposing noncompete clauses for workers.

Company threatened to fine low-wage workers $100,000 if they left for a competitor, feds say

Federal Trade Commission is cracking down on coercive employment agreements that keep workers bound to their jobs.

cbsnews.com

The FTC wants to ban companies from telling their employees they can't work for competitors — and says it'll help workers make $300 billion more a year

Noncompete clauses in employment contracts are one way employers can hold power over workers and keep wages low.

news.yahoo.com

Antitrust regulators propose banning noncompete clauses for workers

The Federal Trade Commission says the move would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.

washingtonpost.com

Microsoft heads for battle with FTC over $68.7B Activision Blizzard deal

FTC voted in December to block deal, which it says could violate antitrust laws by suppressing Microsoft Xbox competitors.

cbsnews.com

Fortnite and Epic Games must give players $245 million in refunds — here's who qualifies

Epic Games was hit with a $520 million penalty this week for multiple infractions, including tricking players into spending money on "unwanted charges."

cnbc.com

Microsoft set to battle FTC over $68.7 billion Activision Blizzard deal

Microsoft wants to buy Activision, the maker of hit video games like Call of Duty. Regulators oppose what could be the largest acquisition in the gaming industry.

washingtonpost.com

Microsoft will fight US over $68.7B Activision Blizzard deal

Microsoft is headed for a battle with the Federal Trade Commission over whether the U.S. will block the tech giant’s planned takeover of video game company Activision Blizzard.

New bill will force Twitter, TikTok and other social media platforms to increase transparency by sharing internal data

Senators introduced a bill targeting the lack of transparency among social media companies even as lawmakers consider banning some platforms in the U.S.

cnbc.com

Video gamers sue to stop Microsoft's Activision Blizzard buy

A group of video game players is suing to stop Microsoft from buying video game publisher Activision Blizzard, arguing that the $68.7 billion acquisition would stifle competition and reduce consumer choice.

Could you be eligible for a Fortnite refund?

Epic Games has agreed to pay the Federal Trade Commission $520 million over allegations of privacy violations and unwanted charges. Nearly half of the money will go to refund consumers.

npr.org

Fortnite game maker will pay $520M to settle FTC child privacy violation claims

Federal regulators have also accused Epic Games of collecting teen players' personal information without parental consent.

cbsnews.com

Fortnite maker Epic Games will pay $520 million to settle privacy and deception cases

The company is refunding $245 million to customers who made unwanted purchases because of poor game design, and is paying a $275 million fine for collecting personal data from kids without consent.

npr.org

Fortnite maker to pay $520M for privacy, e-commerce abuses

The maker of the popular Fortnite video game will pay $520 million in penalties and refunds to settle complaints revolving around children’s privacy and its payment methods that tricked players into making unintended purchases.

‘Fortnite’ maker Epic to pay $520 million to settle FTC allegations

“We accepted this agreement because we want Epic to be at the forefront of consumer protection and provide the best experience for our players,” the game maker said in a statement.

washingtonpost.com

FTC didn't stop Facebook-Instagram. How about Meta-Within?

Facebook parent Meta is sparring with the U.S. Federal Trade Commission over its pending acquisition of virtual reality fitness company Within Unlimited in federal court in San Jose, California.

Senator seeks FTC probe of data sales to U.S. government agencies

Wyden cited a paragraph in the record of the Justice Department’s prosecution of Democratic lawyer Michael Sussmann stipulating that companies associated with a longtime industry entrepreneur had sold browser history data to government agencies.

washingtonpost.com

These 7 states are the safest in the country for identity theft and fraud

Montana residents are the country's least vulnerable to identity theft and other fraud, according to a new report from personal finance website NerdWallet.

cnbc.com

FTC sues to block the $69 billion Microsoft-Activision Blizzard merger

The Federal Trade Commission said Microsoft's planned takeover of the video game company could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

npr.org

FTC moves to block $69 billion Microsoft-Activision deal

Federal regulators say the tech industry mega-merger could mean fewer games for 150 million Activision users.

cbsnews.com

FTC sues to block Microsoft-Activision Blizzard $69B merger

The Federal Trade Commission on Thursday sued to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business.

FTC sues to block Microsoft's acquisition of Activision Blizzard

The Federal Trade Commission said on Thursday it has filed an antitrust case against Microsoft to challenge the software maker's attempt to acquire video game publisher Activision Blizzard . Microsoft announced plans to acquire Activision Blizzard for $68.7 billion in January, with the goal of closing it by June 2023. The deal has come under pressure from Microsoft's competitors in gaming, such as Sony . Smith argued Microsoft's purchase of Activision would let it compete effectively in the gaming industry, spurring innovation and helping customers. Politico reported last month that the FTC was likely to try to block the deal.

cnbc.com

FTC sues to block Microsoft’s acquisition of game giant Activision

The lawsuit represents the FTC’s most significant effort to rein in consolidation in the tech industry since prominent tech critic Lina Khan became the commission’s chair.

washingtonpost.com

These 7 states face the highest risk of identify theft and fraud

NerdWallet ranks all 50 U.S. states, and the District of Columbia, based on how frequently their residents are victimized by identity theft and fraud crimes.

cnbc.com

FTC challenges Meta acquisition of VR company in court

Federal regulators opened their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company in a San Jose, California, courtroom.

Asian shares advance on back of Wall Street gains

Shares are higher in Asia after an advance on Wall Street led by the latest rally in technology companies.

Amazon accused of stealing tips from delivery drivers

Lawsuit filed by Washington, D.C., prosecutor alleges Amazon deceived customers about how their gratuities were used.

cbsnews.com

Microsoft says it will bring Call of Duty to Nintendo

The Xbox maker said that if federal regulators approve its acquisition of Activision Blizzard, it will publish Call of Duty to Nintendo platforms for 10 years.

washingtonpost.com

Activision acquisition would be good for Microsoft and the overall stock market

Completing the deal will send a message that the Biden administration is not closed off to all M&A.

cnbc.com

US lawmakers skeptical grocery merger will mean lower prices

U.S. senators from both parties have expressed skepticism that a proposed merger between grocery giants Kroger and Albertsons will lower prices for consumers.

Stocks making the biggest moves premarket: Activision Blizzard, Tesla, Manchester United and others

These are the stocks posting the largest moves before the bell.

cnbc.com

Elon Musk mocks Senate Democrats as clueless for their calls to investigate Twitter

Elon Musk on Friday tweeted a mocking image, calling out Senate Democrats who want to investigate his company. He noted the mess involving FTX.

foxnews.com

Appeals court strikes down federal horseracing rules act

A federal appeals court has ruled that Congress gave too much power to a nonprofit authority it created in 2020 to develop and enforce horseracing rules.

Senators to FTC: Probe Twitter security, take needed action

A group of Democratic senators have asked federal regulators to investigate any possible violations by Twitter of consumer-protection laws or data-security commitments.

Shopping for a used car? Here are some tips to avoid buying a flood-damaged vehicle

Following hurricanes Ian and Nicole, the Federal Trade Commission is warning potential buyers of how to steer clear of a flood-damaged car.

Charity scams for veterans tug at heartstrings and grab for wallets, FTC warns

Around Veterans Day, charity scammers seek to take advantage of the generosity of those who want to help charities that support servicemembers and veterans, the Federal Trade Commission warned.

FTC says it's tracking developments at Twitter with 'deep concern' after key security departures

The statement comes after several key security and privacy executives resigned or were dismissed from the company, after Elon Musk acquired Twitter.

cnbc.com

'Sirens should go off': How to avoid getting duped by Medicare scammers during open enrollment

As beneficiaries are encouraged to review their coverage for 2023, fraudsters may try to capitalize on that and cast a broad net to lure in victims.

cnbc.com

Tried to cancel a service but couldn’t? FTC shares steps to take

Have you ever been unhappy with a service — like your phone or Internet — and tried to cancel it? But, when you tried, you found it difficult or nearly impossible?

Supreme Court seems ready to hasten challenges to federal agencies

If justices side with plaintiffs, it would diminish the authority of the Securities and Exchange Commission and the Federal Trade Commission.

washingtonpost.com

Vonage to pay customers $100 million for not letting them quit

People who tried to cancel the internet phone service were subjected to an "endless loop" of calls, government says.

cbsnews.com

Golf Fans Will Be the Final Judge in the PGA-LIV Fight

The game’s aficionados, not antitrust lawsuits or the Justice Department, will determine whether PGA golfers can also take Saudi money.

washingtonpost.com

FTC seeks to hold Drizly CEO accountable for alleged security failures, even if he moves to another company

The proposed security requirements would follow CEO James Cory Rellas even if he moves onto another company.

cnbc.com

FTC brings action against CEO of alcohol delivery company over data breach

The FTC's rare decision to put Drizly CEO under order signals a new approach to privacy enforcement under Chair Lina Khan.

washingtonpost.com

Federal Trade Commission Warns Of Student Loan Relief Scams

Cybersecurity experts told Newsy the relief program is particularly lucrative to scammers because it offers a huge target for information and money.

newsy.com

FTC settles with auto dealer accused of unfair lending to Blacks and Latinos

A $3.38 million FTC settlement exposes a business practice of marking up auto loans that, when applied unevenly, can be discriminatory.

washingtonpost.com

Scammers are posing as your TV and internet company, FTC warns

This year, the FTC has gotten thousands of reports — including many from older adults — about scammers pretending to be an internet or cable provider to try to trick people out of their money or personal information.

Biden ridiculed for spelling out ‘dot’ in website URL: ‘He will literally read any words’

President Biden was mocked on Monday for how he spelled out the URL for a website during his public address on how to report fraud in his student debt handout plan.

foxnews.com

Meta hits back in fight with FTC over VR company acquisition

Facebook parent Meta struck back in its legal battle with federal regulators over its proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural.

Former Uber security chief guilty of data breach coverup

The former chief security officer for Uber has been convicted of trying to cover up a 2016 data breach in which hackers accessed millions of customer records from the ride-hailing service.

Insider Q&A: Privacy advocate sees growing public alarm

Jeffrey Chester, executive director of the Center for Digital Democracy, has advocated in Washington for privacy protection over the last 25 years, warning U.S. lawmakers and regulators about growing threats to Americans’ online privacy.

Funerals can cost a fortune. Here’s how to keep prices in check.

Washington Consumers’ Checkbook shares tips for planning a funeral that doesn’t cost a fortune.

washingtonpost.com

FTC says Bezos, Jassy must testify in probe of Amazon Prime

Federal regulators are ordering Amazon founder Jeff Bezos and CEO Andy Jassy to testify in the government's investigation of Amazon Prime.

Amazon loses effort to exclude Jassy and Bezos from testifying in FTC Prime probe

The Federal Trade Commission rejected Amazon's bid to exclude CEO Andy Jassy and founder Jeff Bezos from testifying in a probe into the company's Prime program.

cnbc.com

Should we trust online reviews? FTC explains how to handle fake reviews

How do we know reviews online really are honest? Or from real buyers? Read on for ideas about handling fake reviews.

FTC: Let’s talk about scams that target Latinos

Scammers will target anyone searching for a job or a business opportunity, but the Federal Trade Commission has also seen money-making schemes that targeted or disproportionately affected Latino communities.

Twitter whistleblower exposes limits of FTC’s power

The FTC currently has a staff of about 40 people monitoring compliance with its many hundreds of consent orders across the economy. Current and former officials say it's not enough.

washingtonpost.com

FTC investigating Amazon's purchase of One Medical

Groups calling for stricter antitrust regulations quickly urged the FTC to block the merger, arguing it would further expand the company's massive market power.

cbsnews.com

Credit Karma will pay $3 million to users targeted with false preapproved offers

The FTC order came after nearly a third of Credit Karma users who were told they qualified for preapproved credit card offers were actually turned down, wasting their time and hurting credit scores.

npr.org

FTC investigating Amazon's purchase of One Medical

Groups calling for stricter antitrust regulations quickly urged the FTC to block the merger, arguing it would further expand the company's massive market power.

cbsnews.com

FTC investigating Amazon's $3.9B purchase of One Medical

The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal.

FTC orders Credit Karma to halt deceptive ‘pre-approved’ credit offers

The Federal Trade Commission has filed a lawsuit that alleges the website “Credit Karma” deceived people by falsely claiming that they had been “pre-approved” or had “90% odds” of approval for credit cards or loans.

FTC sues company over smartphone data that could uncover abortion clinic visits

“Where consumers seek out health care, receive counseling, or celebrate their faith is private information that shouldn’t be sold to the highest bidder,” a Federal Trade Commission official said.

washingtonpost.com

Roomster posted fake reviews and apartment listings, lawsuit claims

Federal regulators allege Roomster duped customers out of $27 million by posting fake listings on its room-finding service.

cbsnews.com

FTC accuses data broker of selling sensitive location data

Federal regulators have sued a data broker they accuse of selling sensitive geolocation data from millions of mobile devices.

Walmart seeks to dismiss lawsuit by FTC over money transfers

Walmart filed a motion to dismiss a lawsuit by the Federal Trade Commission that accused the retailer of allowing its money transfer services to be used by scam artists, calling it an “egregious instance of agency overreach.”.

Student loan relief means opportunity for scammers to take advantage

After President Biden announced his plan for student loan relief Wednesday, the Federal Trade Commission (FTC) is warning consumers about potential scams.

FTC warns of free COVID-19 test scam targeting Medicare recipients

We’re hearing about many Medicare recipients who signed up for these free COVID tests and never got them.

Shopping online? 5 ways you can protect your purchases

The Federal Trade Commission warns you need to do what you can to protect yourself and your purchases.

Amazon: FTC probe hounding Bezos, execs; subpoenas too broad

Amazon has complained to federal regulators that they're hounding company founder Jeff Bezos and senior executives.

FTC looking at rules to corral tech firms' data collection

Whether it's the fitness tracker on your wrist, the “smart” home appliances in your house or the latest kids’ fad going viral in online videos, they all produce a trove of personal data for big tech companies.

Avoiding scams when selling online with these tips

Scammers may offer to give you a check for more than the selling price. They tell you to deposit the check and send the difference back to them.

Watchdog head: Fines may not stop bad behavior by companies

The head of the nation’s financial watchdog is having second thoughts about using fines to deter illegal behavior in the financial industry, saying some companies have gotten so big that the money makes little difference.

FTC acts to block Meta from buying VR company, fitness app

Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural.

FTC has warning for military service members looking to buy car

The Federal Trade Commission warns that U.S. service members and their families who are looking to buy a new car or truck are often targets of fraudulent car dealers.

Ruling could dampen government efforts to rein in Big Tech

The Supreme Court’s latest climate change ruling could dampen efforts by federal agencies to rein in the tech industry, which went largely unregulated for decades as the government tried to catch up to changes wrought by the internet.

FTC sues Walmart for scammers' use of money transfer unit

The Federal Trade Commission says it has sued Walmart for allowing its money transfer services to be used by scam artists who the agency says fleeced hundreds of millions of dollars from consumers.

FTC proposes rule to make car buying easier, less expensive

As auto prices surge, the Federal Trade Commission is proposing a rule to ban junk fees and bait-and-switch advertising tactics that can plague car buyers.

Fix the Hog: Harley, Westinghouse ordered to fix warranties

Federal regulators have accused Harley-Davidson and Westinghouse of imposing illegal warranty terms on customers and ordered them to fix their warranties and ensure that their dealers compete fairly with independent repair-makers.

Report suspected discrimination: When it comes to your credit, you have rights

The Federal Trade Commission wants to send a reminder about some rights related to credit and discrimination.

FTC Chair Khan plans key work on kids' data privacy online

The head of the Federal Trade Commission says the agency is pushing a robust agenda of actions and policies to help safeguard children’s privacy online.

Helping you spot -- and prevent -- the FTC’s most-reported crypto scams

According to the FTC’s new data spotlight, scammers are banking on what you don’t know about cryptocurrency — or scammers’ tricks. And that could cost you serious money.

Avoid storm-related scams this hurricane season

Hurricane-related threats come not just from the storms themselves but also from scammers who use those weather emergencies to cheat people, the Federal Trade Commission warns.

Scammers offering student loan (un)forgiveness, FTC says

Scammers might promise a loan forgiveness program — that most people won’t qualify for. Or they might say they’ll wipe out your loans by disputing them. But they can’t get you into a forgiveness program you don’t qualify for or wipe out your loans.

Twitter to pay $150M penalty over privacy of users' data

Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.

Democrats pitch boosting FTC to curb gas price gouging

Democratic leaders have announced an effort to give the Federal Trade Commission increased authority to crack down on oil and gas companies that engage in price gouging.

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