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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
Tech

TikTok, YouTube, Amazon targeted by FTC in privacy review

By
Ben Brody
Ben Brody
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David McLaughlin
David McLaughlin
, and
Bloomberg
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Ben Brody
,
David McLaughlin
David McLaughlin
, and
Bloomberg
Bloomberg
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December 14, 2020, 3:29 PM ET
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The U.S. Federal Trade Commission issued orders to Amazon.com Inc., Google’s YouTube and Facebook, among others, as it launched a study into the data practices of technology platforms.

The FTC is seeking documents from nine social media and video companies that detail how they collect, use and present personal information, according to a statement Monday.

The agency is also asking about the companies’ advertising and user engagement practices, and how their practices affect children and teens.

The FTC is issuing the orders under Section 6(b) of the FTC Act, which authorizes it to conduct wide-ranging studies that don’t have a specific law enforcement purpose.

The orders are also being sent to ByteDance, which operates the short video service TikTok, Discord, Reddit, Snap, Twitter and Facebook’s WhatsApp. The companies will have 45 days from the date they received the order to respond.

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