Amazon is facing an FTC lawsuit over allegations it billed parents and other adults for millions of dollars of unauthorized in-app purchases made by kids. Most of those charges were allegedly racked up while playing games that make money by selling kids “coins,” “stars” and other digital detritus to help them progress in the game.
Wearable electronics, such as “smart watches,” fitness bracelets and, of course, Google Glass, are all the rage right now. But as usual, the technology may be moving faster than users’ ability to understand and deal with the potential risks.
The FTC filed suit against T-Mobile for “cramming” unauthorized charges into its cell phone customers’ bills. But T-Mobile isn’t the only company that’s had issues with the practice.
An increasing number of Americans are using smartphones to handle money in one way or another, and the Consumer Financial Protection Bureau is on it.
This security app provides some peace of mind, but leaves you wanting more.
The wireless provider is venturing further into banking with its new Mobile Money service.