Read more at source.
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The Federal Trade Commission has taken action against Genshin Impact, a popular game that uses a gacha system. The developer has agreed to block in-game purchases by players under 16 without parental consent and pay a $20 million penalty. The FTC's proposed order also seeks to prohibit the sale of loot boxes using virtual currency unless a real money purchase option is available, and to require disclosure of gacha odds and the virtual currency exchange rate.
TikTok, a widely-used social media platform, was removed from the App Store and Google Play in anticipation of a ban set to take effect on January 19. The Supreme Court has sided with the Biden Administration on enforcing this ban.
Adam Mosseri, Instagram's head, announced an extension of the length of Reels, a change to a rectangular grid layout, and the addition of a tab for viewing liked Reels. These changes reflect Instagram's commitment to enhancing user experience.
Electric vehicle company Canoo has been grappling with financial troubles, and in a related development, Perplexity AI has proposed a merger with TikTok US. These events underscore the dynamic nature of the business landscape in the tech sector.
iFixit's teardown of the $500 Beoplay Eleven earbuds revealed battery replacement difficulties, contrary to company implications. Meanwhile, Amazon has paused its drone delivery operations following two drone crashes in the rain.
"Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning." - Samuel Levine, Director of FTC's Bureau of Consumer Protection
