News and reports from the Department of Commerce.

A national accounting and advisory services firm based in New York City has been charged by the Securities and Exchange Commission for violations related to quality control and auditing standards. The allegations are primarily connected, but not limited, to the firm's work with special purpose acquisition company clients.

Jesus Mantas, global managing partner at IBM, warned against data privacy and security breaches with the rise of artificial intelligence (AI) technology, saying companies should be proactive in their data privacy measures.

Lina M. Khan, Chair of the Federal Trade Commission (FTC), said that Amazon has been tricking customers into paying for subscriptions. The FTC announced that a federal lawsuit has been filed against Amazon.

Matthew Reynolds, a fellow at the Center for Strategic and International Studies, said that in responding to China's actions towards Micron, the U.S should be reserved, focusing on the larger goal of exposing China's aggressive foreign business tactics. He said this in a commentary published on June 22.

Information Technology and Innovation Foundation (ITIF) Vice President Daniel Castro has criticized the Federal Trade Commission's (FTC) announcement to take legal action against Amazon for allegedly tricking customers into signing up for its Amazon Prime service, saying the FTC was using bait-and-switch tactics.

The International Trade Administration announced the partnership with the Association of International Educators (NAFSA).

Gannett, the largest news publisher in the United States, filed a lawsuit against Google, accusing the tech giant of monopolizing advertising technology markets and engaging in deceptive commercial practices.

The Federal Trade Commission recently filed a complaint against Amazon, accusing the company of enrolling consumers into its Prime program without consent and intentionally creating hurdles for them to cancel their subscriptions.

The U.S. Securities and Exchange Commission announced the acquisition of an emergency relief package to aid in the protection of Binance.US customers’ assets.

A complaint filed against Amazon.com Inc. by the Federal Trade Commission (FTC) alleges the U.S. multinational technology company “has knowingly duped millions of consumers into unknowingly enrolling in its Amazon Prime service.”

In light of the recent House Financial Services Committee (HFSC) hearing on digital assets, U.S. Rep. Erin Houchin (R-IN) has emphasized the urgent need for market-structure legislation for digital assets.

An American investment management firm that concentrates on active fixed-income management has agreed to pay a combined $9 million penalty after the U.S. Securities and Exchange Commission found that the company violated disclosure plus policies and procedures law.

U.S. Department of Commerce announced five new CHIPS Research and Development Office leaders.

The Biden-Harris administration has made a significant investment aimed at helping communities along the coast and the Great Lakes adapt to extreme weather and other impacts of climate change.

The Federal Trade Commission recently ordered Microsoft to pay a $20 million fine for illegally collecting personal information from children without parental consent.