Google Settles In-App Purchasing Suit for $19M
Sep 4, 2014, 2:25 PM by Eric M. Zeman
Google today agreed to settle a lawsuit filed against it by the U.S. Federal Trade Commission over unauthorized in-app purchases made by children. Google will pay the FTC a fine of $19 million to settle charges that it was too easy for kids to spend money on applications without obtaining the account holder's consent. Google also has to put more safeguards in place so customers' accounts are not hit with unauthorized in-app charges. Apple reached a similar settlement with the FTC in January, though it is paying $32.5 million.
Aug 10, 2022
Alongside its new foldable phones, Samsung has revealed its newest smartwatches and Bluetooth earbuds, each with significant engineering improvements. The new Galaxy Watch5 has a 13% larger battery and 60% more durable face compared to the Watch4.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Nov 18, 2020
Google today launched a major revamp of its Google Pay app with a new interface and several major new features. Instead of a stack of cards and list of transactions, the new interface centers around the people and businesses you exchange money with, with a conversation-style interface for each person, group, and business.
Jul 23, 2020
Samsung Pay users can now sign up for Samsung Money in the new Money tab of the Samsung Pay app. Samsung Money is a debit card linked to a dedicated cash management account (similar to a checking account).
Mar 30, 2021
The US Federal Trade Commission has decided not to appeal its antitrust case against Qualcomm to the US Supreme Court, effectively ending the matter in Qualcomm's favor. The FTC sued in 2017, claiming that the way Qualcomm links the sales of baseband processors with patent licensing amounts to anticompetitive behavior and unfair business practices.