FTC

After agreeing to a consent decree to protect user privacy in 2011, Facebook has been fined $5 billion for failing to obey the decree. It's the largest fine in the history of the Federal Trade Commission, but it didn't really hurt Facebook, as the stock market rewarded the social media company with a $6 billion stock bump.  This leaves Leo to wonder if you can really fine Facebook enough to make it hurt and if the only way to punish the social media giant is to stop using it.

After Google was slapped with a $5 Billion fine from the EU, the US Department of Justice has said it will open an anti-trust investigation on Google. Meanwhile, the FTC may be signalling the same for Amazon. But Leo says that it could do more harm economically than good, and maybe the best thing would be to break up both companies into smaller concerns that can compete.

The FTC filed complaints against two separate robocall groups. Many of the calls, according to the FTC, were to numbers on the "Do Not Call" registry. These robocall groups were calling hundreds of millions of people in 2012 and 2013 selling home security systems or generating leads for home security installation companies. They were also doing auto warranties.

Read more at ftc.gov

The Federal Trade Commission is taking router manufacturer D-Link to court over product security and privacy issues. This all relates to the lack of security for Internet of Things devices. The FTC alleged that the company “failed to take reasonable steps to protect their routers and cameras from widely known and reasonably foreseeable risks of unauthorized access.”

Read more at theverge.com.