Disney will pay $10 million (€8.6m) to settle Federal Trade Commission allegations that the company allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining their consent as required by the Children’s Online Privacy Protection Rule (COPPA Rule). The proposed order would transform how the company […]
As artificial intelligence continues to develop at speed, the European Commission, the UK Competition and Markets Authority (CMA), the US Federal Trade Commission and US Department of Justice have signed a joint statement setting out shared principles to protect competition and consumers. The statement affirms their shared view that AI, particularly powerful foundation models, has […]
Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has signed a definitive agreement to acquire Stellar Blu Solutions, which will become a core component of Gilat’s IFC growth strategy. Stellar Blu Solutions is a US-based avionics solution provider of next-generation SATCOM terminal solutions. Gilat expects its annual revenues from the acquired […]
The Desire Company has concluded its Series B funding round, catapulting its valuation to $97 million. This funding infusion positions the company to capitalise on the escalating demand for authentic, expert-driven content, particularly from Retail Media Networks (RMNs) and is timely given the Federal Trade Commission’s heightened focus on transparent marketing practices. The funding coincides […]
The chances of Microsoft taking over video games publisher Activision Blizzard have been boosted after a US judge rejected a request from US regulators to block the deal. The US Federal Trade Commission (FTC) asked a judge to block Microsoft’s $69 billion (€63.9bn) takeover suggesting the deal could “substantially lessen competition” in the sector. Judge […]
The US Federal Trade Commission (FTC) has asked a judge to block Microsoft’s $69 billion (€63.9bn) takeover of video game publisher Activision Blizzard. The US regulator said the deal, which would be the largest in the history of the video games industry, could “substantially lessen competition” in the sector. The move comes a few weeks […]
Following a public comment period, the US’s Federal Trade Commission has approved a final order settling charges that Broadcom Inc. illegally monopolised markets for semiconductor components used to deliver television and broadband Internet services through exclusive dealing and related conduct. According to the complaint, which was first announced in June 2021, Broadcom is a monopolist […]