Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company ...

In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an ...

Snap, the owners of social media app Snapchat, has been referred to the Department of Justice because of allegedly causing ...

The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc., ...

Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the 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 ...

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

The Commission was vague on the details, but said that it ” pertains to the company’s deployment of an artificial ...

Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...

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 ...

A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, ...

The consumer protection agency provided no further detail on the alleged harm from the My AI chatbot, but said publicizing ... privacy processes" and said the FTC "lacks concrete evidence." ...