Tag: settlement
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Media Monitor: Google Reaches $135 Million Settlement for Android Users
TIME magazine is reporting on Google's $135 million settlement, which may offer payments to eligible U.S. Android users who had a cellular data plan since November 2017.
BusinessScience & TechnologyLegalComputers and InternetEconomySocial Issues GoogleSettlementAndroidCellular DataLegal IssuesTechnologyTIME magazine
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CFTC Staff Issues Advisory on 24/7 Trading, Clearing, and Settlement
CFTC staff divisions issued an advisory today on 24/7 trading, clearing, and settlement. The guidance from three divisions aims to provide clarity for market participants navigating continuous market operations.
BusinessPolitics and GovernmentLaw EnforcementFinancial MarketsFederal GovernmentLegalEconomy CFTCTradingClearingSettlementAdvisoryFinancial RegulationMarket Oversight
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FTC Orders Cox Media Group, Firms to Pay $930,000 for Deceptive AI Marketing Claims
The FTC has ordered Cox Media Group and two firms to pay $930,000 for deceiving customers. They falsely claimed an AI service used smart device conversations for targeted ads, despite no consumer opt-in.
BusinessLaw EnforcementScience & TechnologyEconomyComputers and InternetLegalSocial IssuesDigital and Print Publishing Federal Trade CommissionCox Media GroupAI-powered marketingDeceptive practicesConsumer privacySettlementAdvertising
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Congresswoman Clark Denounces Trump's $1.8 Billion IRS Settlement
Congresswoman Katherine Clark criticizes a $1.8 billion IRS settlement involving Donald Trump, alleging it funnels taxpayer money to allies, including January 6th insurrectionists, and shields Trump from future audits. She calls it "mind-numbingly brazen corruption."
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentRepublican PartyDemocratic PartyEconomyLegal Donald TrumpIRSsettlementKatherine ClarkJanuary 6thcorruptiontaxpayer moneyCongresswoman Katherine Clark
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Shutterstock to Pay $35 Million in FTC Settlement Over Subscription Practices
Shutterstock will pay $35 million to settle FTC allegations regarding illegal subscription and cancellation practices. The digital media platform was accused of charging consumers without consent and making cancellations difficult.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomySocial Issues ShutterstockFTCSettlementSubscriptionsCancellation PracticesDeceptive PracticesDigital Media
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Misleading Siri AI Ads Cost Apple $250 Million in Class-Action Settlement
Apple will pay $250 million to settle a class-action lawsuit for misleadingly advertising advanced AI features for Siri that were not available at launch. The settlement covers millions of iPhone 16 and 15 Pro models sold in the US.
Science & TechnologyBusinessLaw EnforcementWorldArtificial IntelligenceLegalEconomyEuropeAsia AppleSiriLawsuitSettlementMisleading AdvertisingiPhoneThe Hindu