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FTC: Apple to Refund Kids' in App Purchases

Date:
January 15, 2014
Source:
AP / Powered by NewsLook.com
Summary:
The Federal Trade Commission has announced that Apple will pay full refunds to consumers, a minimum of $32.5 million, to settle a complaint the company charged millions of dollars for purchases made in kid's mobile apps without parents' consent. (Jan. 15)


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last updated on 2014-07-23 at 4:03 am EDT

Amazon to Fight FTC Over Charges of Unauthorized App Purchases

Amazon to Fight FTC Over Charges of Unauthorized App Purchases

TheStreet (July 3, 2014) — Amazon said it was prepared to take the Federal Trade Commission to court in defense of allegations it had failed to prevent unauthorized transactions by children on its tablets. Amazon said it would fight any U.S. regulator fines levied against it on those charges, countering that its parental controls are already far stricter than those the FTC requires. For instance, Amazon's Kindle has settings whereby parents can limit the time children spend on devices. PINs can also be assigned to authorize in-app purchases. The FTC imposed a $32.5 million fine on Apple earlier this year on similar charges. Video provided by TheStreet
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Google Won't Call Games With In-App Add-Ons Free, Apple Will

Google Won't Call Games With In-App Add-Ons Free, Apple Will

Newsy (July 18, 2014) — The European Commission asked Google and Apple not to label apps "free" if they include in-app purchases. Google has complied; Apple has resisted. Video provided by Newsy
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Uncovering Hidden Divorce Assets Can Be a Tricky Game to Play

Uncovering Hidden Divorce Assets Can Be a Tricky Game to Play

TheStreet (May 30, 2014) — Divorce is difficult but it's even harder when a spouse has stashed away some money. The first best place to look is in a tax return. Start with Schedule B, where dividends, interest, capital gains and losses are matched with known investments. When the math doesn't add up, it's a red flag that there might be a secret account. Another clue is when a departing spouse overpays a credit card with the intent of applying for a refund after the divorce is final. Outsmart your ex by reviewing all credit card statements. Beware of phony bill collectors as some wives and husbands create fake loans with relatives and friends to drain money out of joint bank accounts. All is fair in love and war, and that means kids are not off limits. Video provided by TheStreet
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Apple Files for Sales Ban on Nine Samsung Phone Models

Apple Files for Sales Ban on Nine Samsung Phone Models

TheStreet (May 27, 2014) — It's round two in the battle between Apple and Samsung after Apple filed for a sales ban on nine of Samsung's older models of phones. It's the latest in what has been a long legal battle between the companies. Earlier this month, Apple received only $120 million dollars in a patent lawsuit against Samsung, a fraction of the $2.2 bilion dollars it had originally sought in damages. Now, Apple is seeking a ban, arguing it is more important than any monetary compensation won in protecting the three patents it accuses Samsung of infringing. For its part, Samsung says the claims are overblown and a ploy to muscle out the competition. Apple has asked the court to either order a retrial or to review the compensation awarded by the jury. Video provided by TheStreet
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