Tech
Shutterstock pays $35 million to settle FTC subscription
FTC settlement forces Shutterstock to refund $35 million for hard‑to‑cancel subscriptions, spotlighting enforcement on SaaS billing practices.
4 min read
FTC settlement forces Shutterstock to refund $35 million for hard‑to‑cancel subscriptions, spotlighting enforcement on SaaS billing practices.
The FTC attributes $2.1B in 2025 scam losses to social media, with new legislation proposed to curb fraudulent ads.
Scam losses hit $2.1 billion in 2025, an eight‑fold jump that outpaces any other fraud channel, prompting a regulatory rethink.