FTC Settles with Company That Sent 42M Texts

The Federal Trade Commission said that it had settled charges against a Florida company and its two top executives for sending more than 42 million unwanted and deceptive text messages to consumers. Messages sent by the company had promised free gift cards worth up to $1,000, the commission said, but when consumers tried to visit a Web site to collect the prize, they were instead connected to a site that asked for personal information, like Social Security numbers and credit card numbers.