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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
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
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to block players under 16 years old from making in-game purchases without parental consent in order to settle a complaint from the Federal Trade Commission.
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
12h
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 ...
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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 ...
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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 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.
2d
on MSN
FTC refers Snap complaint alleging its chatbot harms young users
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an ...
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 ...
1d
on MSN
Pepsi hurt small businesses by giving big-box retailer financial advantages, the FTC claims
The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others.
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