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Showing posts from December, 2021

FTC Finalizes Order Banning Stalkerware Provider from Spyware Business

The Federal Trade Commission has finalized an order banning a stalkerware provider and its CEO from the surveillance business to settle allegations the company secretly harvested and shared data on people’s physical movements, phone use, and online activities. In a complaint first announced in September 2021 , the FTC alleged that Support King, LLC, which did business as SpyFone.com, and its CEO Scott Zuckerman sold stalkerware apps that allowed purchasers to surreptitiously monitor photos, text messages, web histories, GPS locations, and other personal information on the phone on which the app was installed without the device owner’s knowledge. In addition to the ban on offering, promoting, selling, or advertising any surveillance app, service, or business, the order also requires Support King and Zuckerman to delete any information illegally collected from their stalkerware apps. It also orders them to notify owners of devices on which SpyFone’s apps were installed that their device

FTC Files Amicus Brief in Patel, v. 7-Eleven, Inc. Argues Franchise Rule cannot be used to avoid state-imposed labor protections

The Federal Trade Commission filed an amicus brief with the Supreme Judicial Court for the Commonwealth of Massachusetts advising the court that the FTC’s Franchise Rule  does not address and cannot be used to determine whether franchisees governed by the FTC rule are employees under state law. The Commission took no position on how the state law applies. The case is Patel, et al. v. 7-Eleven, Inc. The FTC’s brief argues that the Franchise Rule requires franchisors to make specified disclosures to franchisees but does not address whether a franchisee is an employee or an independent contractor under Massachusetts law and does not preempt state law. 7-Eleven therefore may not rely on the Rule to govern its status as an employer under state law. The Commission voted 3-1 to file the amicus brief with Commissioner Noah J. Phillips dissenting. The Federal Trade Commission works to promote competition , stop deceptive and unfair business practices and scams , and educate consumers . Repo

Balanced portfolio

U.S. treasuries Short-term bonds Long-term bonds. Gold, commodities and crypto Real estate investment trusts (REITs) The components are:  Equities Real Estate Fixed Income Real Assets cash You adjust the percentage of each components for different scenarios.

Interest rates are considered to be one of the most important factors in determining the value of a foreign currency.

When a country’s interest rate declines, the value of that country’s currency decreases when measured against the value of other countries’ currencies.

How to Enable Desktop Notifications for Gmail in Windows

Enable Desktop Notifications for Gmail in Windows First of all, open Google Chrome browser on login with your Gmail account. On the Gmail account, tap on the Gear icon. Next, click on the See all Settings option. Under the General tab, scroll down and find the Desktop Notifications section.

FTC and DOJ Announce Agenda for Dec. 6 and 7 Workshop, Making Competition Work: Promoting Competition in Labor Markets

The Federal Trade Commission has announced an agenda for its upcoming virtual workshop regarding competition in labor markets. First announced on Oct. 27, 2021, “Making Competition Work: Promoting Competition in Labor Markets,” will take place from 10 a.m. to 3:30 p.m. on December 6, and from 10:20 a.m. to 4:45 p.m. on December 7, and will be webcast live on the FTC’s website . Over the two days, a series of panels, presentations, and remarks will address competition issues affecting labor markets and the welfare of workers, including: labor monopsony; the increased use of restrictive contractual clauses in labor agreements, including non-competes and non-disclosure agreements; information sharing and benchmarking activity among competing employers; the role of other federal agencies in ensuring fair competition in labor markets; and the relationship between antitrust law and collective bargaining efforts in the “gig economy.” Panelists will be invited to discuss potential steps ant