Tag: Federal Trade Commission FTC

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Rite Aid Banned from Facial Recognition for 5 Years Over Biased Surveillance, US

Rite Aid banned from using facial recognition for 5 years after alleged biased surveillance. FTC settlement aims to protect consumer privacy.

FTC and UK CMA Investigate Microsoft’s OpenAI Investment for Antitrust Violations

Microsoft's investment in OpenAI faces antitrust scrutiny from UK and US authorities, as concerns about stifling competition in AI arise. Meanwhile, hackers demonstrate vulnerabilities in Android password managers, prompting Google's response. These investigations and revelations shape the future of AI and highlight the need for security improvements.

Biden Administration Saves US Consumers Nearly $2 Billion by Banning Junk Fees

Protect American consumers from excessive junk fees with new measures announced by the Biden administration. Enhance transparency and fairness in pricing.

US Government and States Sue Amazon in Landmark Monopoly Case Alleging Unfair Competition

US gov & 17 states file landmark monopoly case against Amazon, alleging unfair competition. FTC seeks to block anticompetitive behavior. Big Tech scrutiny grows.

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Federal Trade Commission Investigates ChatGPT for Potential Risks

OpenAI's ChatGPT under investigation by FTC for potential harm caused by false information - implications for future of AI content and user responsibility

Sam Altman Expresses Displeasure with FTC’s Investigation of ChatGPT

OpenAI faces FTC investigation over ChatGPT's impact on users' reputations. Sam Altman disappointed and emphasizes importance of safety.

Activision Blizzard Stock Soars 11% Following Microsoft Merger Approval

Activision Blizzard's stock surges 11% after federal judge approves Microsoft acquisition, but concerns linger. Get the latest on this major merger.

FTC Urgently Probing YouTube Over Targeted Ads on Videos for Kids

Scrutiny of YouTube's targeted ads on children's videos prompts FTC investigation. Concerns about data collection and privacy violations.

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