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US Federal Trade Commission

US Federal Trade Commission
The latest news and top stories on the US Federal Trade Commission. A Washington DC-based US government agency, the FTC is dedicated to protecting consumers and promoting fair competition. Its main areas of focus include enforcing civil antitrust law, investigating deceptive practices and providing consumer education.
A customer holds a Shein shopping bag. Photo: Reuters
United States

Shein’s acquisition of Everlane faces US national security review

The review is focused on potential issues linked to the China-founded retailer’s purchase of a firm that handles Americans’ personal data.

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US-China relations

TikTok, ByteDance agree to US$400 million settlement with US government

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US-China relations

Daughter of ‘Chinese Schindler’ protests use of his legacy to sell homes

US-China relations

Senate bill seeks to curb US reliance on China in drug industry

Lawmakers want more transparency around foreign influence in the sector, saying there’s no reason to allow rival to control supply chain.

There are growing concerns over American dependence on China for drug ingredients and medical supply chains. Photo: Getty Images
Australia

Prime suspect: Australia sues Amazon over ‘unfair’ streaming ad terms

The competition regulator said Amazon charged an extra US$2.10 for ad-free streaming on top of the annual subscription.

United States

US Supreme Court boosts Trump’s power to fire officials, but Fed’s Cook keeps job

Justices let Trump fire agency heads, a dramatic expansion of his presidential power.

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US-China trade war

The next tech war? Why biotech may become a new US-China battleground

China’s biotech industry is rapidly moving up the value chain, prompting fears in the US and calls for tighter controls.

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Chinese biotech companies have risen up the value chain in recent years, with cross-border licensing deals worth a record US$60 billion in the first quarter of 2026, according to the National Medical Products Administration. Photo: Getty Images
US-China relations

Opinion | Despite summit pledges, don’t expect US-China trade to improve

The near-term trajectory of China-US economic ties rests on several key timelines, any of which could trigger new tensions.

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United States

US nears US$400 million settlement with TikTok on child-privacy, report says

The money will be used to fund Trump’s ‘beautification’ projects in Washington, the report says.

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US-China tech war

US ruling on Insta360 infringing GoPro patent has no impact on current offerings

The ruling does not affect Insta360’s current offerings as the ban on camera design infringement only affects legacy models.

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A combo pic of GoPro 13 (left) and Insta360 Ace Pro action camera. Photo: Shutterstock
Semiconductors

GaN pioneer Innoscience expands AI footprint with Google hardware collaboration

Innoscience claims to be the world’s first to achieve mass production of eight-inch silicon-based GaN wafers.

Innoscience focuses on GaN, a material regarded as a cornerstone of so-called third-generation semiconductor technology. Photo: Handout
United States

Meta defeats US antitrust case over Instagram and WhatsApp acquisitions

The ruling gives Big Tech its first decisive win against the antitrust crackdown started in Trump’s first term.

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United States

Mamdani unveils all-woman team as he prepares to ‘Trump-proof’ New York

The US president had repeatedly threatened to cut federal funding to the city – and even take it over – if the Democratic candidate won.

United States

OpenAI to allow erotica on ChatGPT for verified adults

CEO Sam Altman says stricter rules on conversational AI had made the chatbot ‘less enjoyable’ for many users.

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OpenAI’s plan includes the release of an updated version of ChatGPT that will allow users to customise their AI assistant’s personality. Photo illustration: Reuters
Social media

Why Instagram is changing focus from photos to videos as users hit 3 billion

Instagram is changing its home screen to highlight short videos and private messaging to leverage its now most popular features.

Social media giant Instagram, which has reached 3 billion users a month, is switching focus to its short videos and private messaging. Photo: Reuters
United States

Amazon to pay US$2.5 billion for allegedly duping millions to get Prime

As part of the settlement, around 35 million Prime customers in the US will be eligible for a payout.

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