Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday.
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. TakeAway Points: The company’s stock fell 5% after the Federal Trade Commission announced that it would forward a complaint against Snap to the Department of Justice.
The Commission said that Snapchat's My AI feature presented 'risks and harms to young users of the application,' while Snap says that the complaint 'is based on inaccuracies, and lacks concrete evidence.
The U.S. Federal Trade Commission (FTC) announced it has referred a complaint against Snap Inc. (NYSE: SNAP) to the Department of Justice (DOJ). The complaint alleges that Snapchats artificial intelligence chatbot,
Snap shares are trading lower on Friday despite the United States Supreme Court upholding the TikTok ban-or-sale law.
The Federal Trade Commission has referred to the Department of Justice a complaint against Snap (SNAP), Inc. The complaint pertains to the
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence (AI) market, the United States Federal Trade Commission (FTC) said in a report released Friday.
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
When future historians chronicle recent events in the tech industry, they’re likely to marvel at the endurance of TikTok, which has become like a cockroach in a nuclear war: the ultimate survivor.Today’s Supreme Court decision upholding the ban-or-sell law should have been the nail in the coffin
TikTok CEO Shou Zi Chew thanked Donald Trump for his commitment to "finding a solution" that keeps TikTok available in the U.S. after the ruling.
Note to readers: The Daily Edition will not be published Monday, Jan. 20, in observance of Martin Luther King Jr. Day. Look for it again in your inbox Tuesday. Below, check out the roundup of California Healthline’s coverage. For today's national health news, read KFF Health News’ Morning Briefing.