The FTC found that 89% of surveyed smart products lack clear disclosure about the duration of update support, putting consumers at risk of losing functionality.
Samuel Levine from the FTC emphasized that consumers risk losing significant value as unsupported smart products can lead to a loss of desired features.
Amidst FTC Chair Lina Khan's potential departure, Microsoft faces renewed scrutiny as the FTC launches an extensive antitrust investigation into its cloud computing practices.
This antitrust probe emerges 25 years after a historic case against Microsoft, revealing ongoing concerns about their market practices and potential cybersecurity issues.
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