Recent News

Two App Developers Settle FTC Charges They Violated Children’s Online Privacy Protection Act

Companies’ Apps Shared Kids’ Information with Ad Networks; Will Pay $360K In Civil Penalties Two app developers will pay a combined $360,000 in civil penalties as part of settlements with the Federal Trade Commission over charges they violated the Children’s...

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LifeLock to Pay $100 Million to Consumers to Settle FTC Charges it Violated 2010 Order

FTC Alleged Company Violated Order’s Information Security Requirements, Misled Consumers With Deceptive Advertising LifeLock will pay $100 million to settle Federal Trade Commission contempt charges that it violated the terms of a 2010 federal court order that...

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Fiat Chrysler buys emissions credits from Tesla, Toyota, Honda

Fiat Chrysler, which lags the auto industry in fuel efficiency, purchased U.S. greenhouse gas emissions credits from Toyota, Tesla and Honda, a government report said today. ... Read More »

Lincoln’s 2017 Continental takes shape

The clearest pictures yet of the 2017 Lincoln Continental emerged this week as a spy photographer caught a test mule leaving Ford Motor Co.'s product development center in Dearborn, Mich. ... Read More »

Fed Approves Interest Rate Hike

WASHINGTON, D.C. — As expected, the Federal Reserve approved the first hike in the federal funds rate in nine years during the Federal Open Market Committee meeting this morning. The modest quarter-point increase takes the Fed’s target funds rate from...

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California DMV proposes ban on ‘driverless’ cars

California regulators, calling for caution on self-driving cars, today proposed rules that would sharply restrict their use on the state's roads -- and place an outright ban on 'driverless' cars that travel with no humans onboard. ... Read More »

EFG Companies Announces Winner of F&I Innovator of the Year Contest

DALLAS, TX — EFG Companies and Northwood University announced Team Quantum Integration as the winner of their first annual F&I Innovator of the Year Award.Along with the award, team members Collin Ulvund, John Vollmuth, and Richie Durso will split the...

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Vroom to Acquire Texas Direct Auto

NEW YORK — Vroom announced today that it has agreed to acquire Texas Direct Auto (TDA). The acquisition, which will be funded through a $95 million Series C equity round and is subject to regulatory approval, brings together one of the industry’s newest...

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Google to make self-driving car unit a stand-alone company in 2016, report says

Google plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet corporate umbrella next year, a person briefed on the strategy told Bloomberg. ... Read More »

Google to make self-driving car unit a stand-alone company in 2016, report says

Google plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet corporate umbrella next year, a person briefed on the strategy told Bloomberg. ... Read More »
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