FTC approves settlement with Lenovo over advertising software

Eric Risberg / AP

The Federal Trade Commission said on Tuesday it has given a final approval to a settlement with Lenovo regarding the company's practice of preinstalling an advertising software program on some laptops that caused "serious security vulnerabilities" in order to show ads to consumers.

What this means: In its decision, the FTC said Lenovo is prohibited from misrepresenting any features of software it preinstalled on laptops that would "inject advertising into consumers' Internet browsing sessions or transmit sensitive consumer information to third parties."