Federal Trade Commission
- Business
Amazon used a secret algorithm to raise prices: Report
San Francisco: E-commerce giant Amazon reportedly deployed a secret algorithm to gauge how much it could raise prices on its platform which allegedly helped the company increase its profits. The Wall Street…
- Technology
FTC’s Lina Khan prepares huge lawsuit to ‘break up’ Amazon
San Francisco: The Lina Khan-led Federal Trade Commission (FTC) in the US is reportedly finalising a massive antitrust lawsuit against Amazon, a move that could break up parts of the e-commerce giant.…
- Technology
Microsoft planned to develop separate version of Xbox Cloud Gaming
San Francisco: Tech giant Microsoft was planning to develop a separate version of Xbox Cloud Gaming (xCloud) that won’t be dependent on the premium Xbox Game Pass Ultimate subscription. On Thursday, at…
- Technology
Amazon Ring to pay $5.8 mn over unlawfully accessing consumer videos
San Francisco: Ring, the Amazon-owned maker of video surveillance devices, will pay $5.8 million in consumer refunds and will be prohibited from profiting from unlawfully accessing consumer videos, the US Federal Trade…
- Technology
Lina Khan-led US FTC to probe Microsoft-Activision deal
San Francisco: The US competition watchdog will review Microsoft’s proposed $68.7 billion acquisition of Call of Duty (CoD) maker gaming company Activision Blizzard, the media reported. Lina Khan-led Federal Trade Commission (FTC)…