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FTC refers AI complaint against Snap
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 to the Department of Justice.
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-powered chatbot is harmful to users.
US FTC refers complaint about Snapchat use of AI chatbot to Justice Department
U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap, Inc., that alleges its messaging app Snapchat used an artificial intelligence chatbox that harmed young users.
13h
on MSN
Microsoft-OpenAI Partnership Raises Antitrust Concerns, FTC Says
Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
18h
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.
MediaPost
1d
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.
14h
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 ...
19h
on MSN
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
The Federal Trade Commission on Friday sued PepsiCo in a last-minute blitz of lawsuits before the end of the Biden ...
1d
on MSN
Why Snap Inc. (SNAP) Is Crashing?
We recently published a list of 10 Companies Reflect Market Decline. In this article, we are going to take a look at where ...
15h
Techmediabreaks Snap Inc. (NYSE: SNAP) Faces Regulatory Scrutiny
Snap is a technology company that believes the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to ...
14h
OpenAI finalizes 'o3 mini' reasoning AI model version, to launch it soon
ChatGPT maker OpenAI has finalized a version of its new reasoning AI model o3 mini and would be launching it in a couple of ...
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