Microsoft's investment in OpenAI raises concerns that tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market

Snap, the owners of social media app Snapchat, has been referred to the Department of Justice because of allegedly causing "risks and harms" to young users

The Federal Trade Commission has referred a complaint against Snap Inc. (NYSE:SNAP) to the Department of Justice, according to a public statement made by the U.S. government agency Thursday. The complaint against the Snapchat parent is connected to the deployment of "My AI" chatbot on the company's platform,

Snap stock fell sharply on Thursday, with the uncertainty around the TikTok ban and the Federal Trade Commission (FTC) elevating to the Department of Justice (DOJ) a complaint concerning the Snapchat parent’s its artificial intelligence (AI) chatbot weighing down on sentiment.

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.

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 FTC referred Snap to the Department of Justice over allegations that the My AI chatbot posed a risk to young people.

The U.S. Federal Trade Commission has referred a complaint against Snap Inc. to the Justice Department. The complaint alleges that Snapchat's AI chatbot may have harmed young users. The FTC believes Snap Inc.