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Microsoft, AI and FTC
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
FTC flags Microsoft-OpenAI deal over potential AI market dominance
The FTC report revealed that at least one of the big tech companies accessed "confidential and potentially sensitive financial performance information" as part of its deal with an AI start-up. This included weekly updates on revenue trends and customer activities.
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
FTC examines AI deals between Microsoft & OpenAI, Amazon, Google & Anthropic
The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.
Genshin Impact, FTC
Genshin Impact Publisher Hit With $20M FTC Fine for Marketing Loot Boxes to Children
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” will be “held accountable.”
Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
FTC fines HoYoverse over Genshin Impact’s gacha mechanics
The maker of the video game Genshin Impact has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent,” a press relea
PCMag on MSN
1h
FTC: Companies Are Using Your Data to Set Individualized Prices
The FTC report says that "Americans deserve to know how their private data is being used to set the prices they pay and ...
14h
This property manager operating in Wisconsin is being sued by the FTC. What to know.
The FTC said property manager Greystar charged consumers hidden fees adding up to "hundreds of millions of dollars." ...
2d
on MSN
UnitedHealth Charged Cancer Patients 5000%, Bombshell FTC Report Claims
The FTC report found that from 2017 to 2022, three PBMs—UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's ...
1d
on MSN
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price ...
1d
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
Outgoing agency Chair Lina Khan has filed a raft of measures during her last week in office.
1d
FTC Takes On Deere & Co. In New Right-To-Repair Fight
The agency filed suit against Deere over its software repair tool, only available to authorized repair shops, which has led ...
1d
on MSN
FTC Says Consumer Data Is Behind ‘Surveillance’ Pricing
Major retailers can tailor prices based on customer data including location, demographics or shopping history, the US Federal ...
Healthcare Dive
1d
Welsh Carson agrees to pare back anesthesia market power to avoid new FTC suit
Antitrust regulators have reached a deal with Welsh, Carson, Anderson and Stowe that doesn’t penalize the private equity firm ...
2d
FTC's 'click to cancel' just kicked in, but unsubscribing may not get easier for months - here's why
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for ...
2d
US FTC refers complaint about Snapchat use of AI chatbot to Justice Department
The FTC said its investigation "uncovered reason to believe Snap is violating or is about to violate the law." ...
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