Facebook Anticipates An FTC Privacy Fine Of Up To $5 billion
Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy.
federal trade commission
For-Profit College Owner Agrees To End $500M In Student Debt
A company that owns two national for-profit college chains said Thursday that it will erase nearly $500 million in debt incurred by former students as part of a settlement with 48 states and the District of Columbia.
Schumer: Probe Billboards Using Phone Data to Track Shoppers
NEW YORK (AP) — U.S. Sen. Charles Schumer is asking the Federal Trade Commission to investigate an advertising technique that uses mobile phone data to learn about people who pass by billboards.
FTC's Reaches Settlement with Brain Trainer Lumosity
A company best known for its brain training software is being fined $2 million for its allegedly deceptive advertising.
FCC Fining AT&T $100 Million Over "Unlimited" Data Plans
The country's second largest wireless communications carrier is being fined $100 million for allegedly misleading customers over data plans that it said were "unlimited."
Senator Schumer Calling For FTC Investigation
(WIBX) - New York Senator Chuck Schumer wants to make sure your private information stays private. Schumer is calling for an investigation after the "New York Times" reported that cell phone applications are stealing your information and posting it online.
Schumer Warns Retailers To Make Layway Fees Clear
Washington, D.C. (WIBX) - New York Senator Charles Schumer wants to make sure shoppers aren't being taken advantage of as the holiday season approaches.