Ads for Prevagen, the memory-enhancing supplement, claim that it has "a protein originally found in jellyfish", so you know it has to be good. The company that makes the drug, Quincy Biosciences, is currently being sued in US federal court by the FTC and the New York Attorney General for "clear-cut fraud". So we got our hands on some of the complaints.
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The US Federal Trade Commission (FTC) and the state of New York filed a federal lawsuit today over Prevagen, a pill that's supposed to improve memory. The pill is available in the US everywhere from CVS to Amazon and regularly appears in commercials on CNN and Fox News. It is also available online in Australia. But the supplement, which is supposed to give consumers a better memory, is rubbish.
If someone asks you to send them money on a dating app like Tinder, don't do it. This might sound like common sense, but in a world where more people are meeting potential partners online, it can become all too easy for otherwise intelligent people to get scammed. And these Tinder horror stories are a testament to that.
If you subscribe to a service online you should be able to cancel that service online, right? Well, according to consumer complaints filed with the US Federal Trade Commission, Jessica Alba's Honest Company not only makes it virtually impossible to cancel subscriptions, the company sometimes signs you up for recurring payments without even telling you.
Agencies like the US Federal Trade Commission have started to crack down on celebrity endorsements on networks like Instagram and YouTube. But have you ever wondered how much your average celebrity gets paid for a post? Not Kim Kardashian West or Kanye West. We know they make millions. But just your average, run-of-the-mill celeb or internet-famous "influencer" with a few million followers? They still make tens of thousands of dollars.
For the first time, the FTC has laid the smackdown on the proprietor of a Kickstarter that failed to deliver on its promises. It's about goddamn time — but it's not exactly good news for the backers who, three years later, are still out some cash.
Remember Craig Brittain? Hopefully not. The wannabe unibrow won attention a few years ago for running a truly evil revenge porn racket called Is Anybody Down. Now his revenge porn days are finally over.
There's probably something you do right now you wouldn't really want everyone to know about. Maybe you're letting a Fitbit gather dust while you eat Doritos and watch The Good Wife (understandable). Maybe you're in the habit of driving around at 3am when you can't sleep. Whatever you do, if you're doing it while using "internet of things" devices, those private vices may not be so private.
Tim Wu, the guy who coined the phrase "net neutrality", went nose-to-nose with the House Judiciary subcommittee on Friday morning to fight for the future of the internet. Congress wants to know if somebody other than the FCC should decide the fate of net neutrality. Wu, for one, thinks that's a pretty silly idea.