AT&T Sued by FTC Over Data 'Throttling

The video discusses the rise in market indexes due to better-than-expected earnings and increased consumer confidence. It highlights a Federal Trade Commission lawsuit against AT&T for allegedly deceiving customers by throttling data speeds despite unlimited plans. Additionally, IBM's decision to add $5 billion to its stock buyback plan is covered, aiming to retain investor confidence as the company undergoes transformation.

What was one of the reasons for the rise in stock indexes?

• A decrease in consumer spending

• An increase in unemployment rates

• A drop in oil prices

• Better-than-expected earnings reports

What is the main accusation against AT&T in the FTC lawsuit?

• Overcharging customers for data plans

• Selling faulty smartphones

• Failing to provide customer support

• Deceiving customers about unlimited data plans

What practice did AT&T allegedly use to limit data speeds?

• Data sharing

• Data boosting

• Data throttling

• Data capping

How much has IBM added to its stock buyback plan?

• $5 billion

• $10 billion

• $20 billion

• $15 billion

What is one of the reasons IBM is encouraging investors to remain patient?

• The launch of a new product line

• A significant increase in quarterly profits

• The company's efforts to reinvent itself

• A merger with another tech company