Snap shares drop as FTC refers MyAI chatbot 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 refers Snap complaint alleging its chatbot harms young users
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an ...
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 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, ...
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Snap's My AI Poses Risk To Young Users, FTC Alleges
The FTC referred Snap to the Department of Justice over allegations that the My AI chatbot posed a risk to young people.
JD Supra2d
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 ...
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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 ...
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 ...