AI Companion App Replika Faces FTC Complaint
The chatbot, which offers romantic companionship, has been hit with an FTC complaint from tech ethics organizations ...
Impacts13d
Snap Shares Fell As FTC Refers Complaint To The DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company ...
FTC raises antitrust concerns about Microsoft-OpenAI partnership
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
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FTC Refers Complaint Against Snap Inc. to DOJ Over Alleged Harmful AI Chatbot
The U.S. Federal Trade Commission (FTC) announced it has referred a complaint against Snap Inc. (NYSE: SNAP) to the ...
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FTC finalizes $7M order against tax prep company
On January 8, the FTC finalized an order requiring a tax preparation company to implement the terms of a settlement and mandating the company pay ...
FTC points at partnerships between AI leaders and cloud service providers, suggesting they could be subject to antitrust scrutiny
A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, ...
Investornewsbreaks Snap Inc. (NYSE: SNAP) Under FTC Scrutiny Over AI-Powered Chatbot
Despite these legal challenges, Snap's stock performance has remained a point of interest for investors. The company's shares reached a high of $11.19 on the New York Stock Exchange, indicating ...
What's Going On With Snap Stock Friday?
Snap shares are trading lower on Friday despite the United States Supreme Court upholding the TikTok ban-or-sale law.