6:20 a.m. Feb. 2, 2021
- By Tomi Kilgore
Amazon to pay $61.7 million to settle FTC charges that it didn't pay Flex drivers all their tipsAmazon.com Inc. agreed to pay more than $61.7 million to settle charges by the Federal Trade Commission, which alleges the ecommerce giant failed to pay Amazon Flex drivers the full amount of tips received over a 2 1/2-year period. The FTC said Amazon only stopped its behavior after the company became aware of an investigation in 2019. "Rather than passing along 100% of customers' tips to drivers, as it had promised to do, Amazon used the money itself," said Daniel Kaufman, Acting Director of the FTC's Bureau of Consumer Protection. "Our action today returns to drivers the tens of millions of dollars in tips that Amazon misappropriated, and requires Amazon to get drivers' permission before changing its treatment of tips in the future." Amazon's stock rose 1.7% in morning trading, while the S&P 500 gained 1.6%.
12:20 p.m. July 31, 2020
- By Wallace Witkowski
Florida teen, two others accused in Twitter hackTwitter Inc.'s massive security breach was allegedly pulled off by a 17-year-old hacker in Florida and two others, according to officials Friday. in a that compromised dozens of high-profile accounts ranging from the likes of Barack Obama to Elon Musk in an attempt to scam followers out of bitcoin. While the Federal Bureau of Investigation, the Department of Justice and other agencies participated in the investigation, Clark was charged by Florida State Attorney Andrew Warren in Hillsborough County because "Florida law allows minors to be charged as adults in financial fraud cases such as this when appropriate," Warren's office said in a statement. The against Mason Sheppard, 19, from the United Kingdom, and one count against Nima Fazeli, 22, from Orlando. On Friday, the hack occurred when company employees were fooled into granting access to systems.
10:58 a.m. May 21, 2020
- By Dustin Volz
Virginia Democrat Warner petitions Trump’s acting intelligence chief to declassify all reports on Flynn-Kislyak contactsPresident Trump’s acting intelligence chief was asked Wednesday by a leading Senate Democrat to declassify all intelligence reports of conversations between Michael Flynn and Russia’s former ambassador, which led to his prosecution on charges of lying to the Federal Bureau of Investigation as part of the investigation by former special counsel Robert Mueller.