Tag: FTC
The FTC comes after neobank Dave for misleading marketing, hidden fees
The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it...
FTC hits Lyft with $2.1M penalty for luring drivers with false earnings claims
Lyft has agreed to a $2.1 million settlement proposed by the FTC over the car-hailing company’s “deceptive earnings claims about how much money...
FTC report on predatory social media data hoarding hints at future regulations
A new FTC report on how social media and streaming sites collect and monetize their hoards of user data doesn’t really feature a...
Senate leaders ask FTC to investigate AI content summaries as anti-competitive
A group of Democratic senators is urging the FTC and Justice Department to investigate whether AI tools that summarize and regurgitate online content...