AP Top Stories July 24 P

Here’s the latest for Wednesday July 24th: Mueller testifies before Congress; President Donald Trump lashes out at Mueller on day of hearing; British P.M. Boris Johnson assumes office as Britain’s new Prime Minister; FTC announces $5B fine against Facebook

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FTC fines Facebook $5B, adds privacy restrictions

Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business. (July 24)

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This Inventor Was Allegedly Scammed By A Company Matt Whitaker Once Advised (HBO)

Worldwide Patent Marketing is a company that allegedly scammed thousands of hopeful inventors. They don’t admit liability but in May the FTC obtained a settlement that required WPM to pay back $26 million to the inventors.

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Conflict of Interest? Ex-corporate lawyer now runs FTC’s Bureau of Consumer Protection

Corporate lawyer Andrew Smith’s appointment to head the FTC’s Bureau of Consumer protection raised some eyebrows earlier this summer. Now, a heavily redacted set of documents have done little to allay this concern.

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