Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company ...
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 that an AI ...
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Snapchat referred to Justice Department for 'risks and harms' of My AI chatbot, FTC says
Snap, the owners of social media app Snapchat, has been referred to the Department of Justice because of allegedly causing ...
US FTC refers complaint about Snapchat use of AI chatbot to Justice Department
The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc., ...
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Character.AI adds Snap vet David Brinker to broker media partnerships
Character.AI, a personalized AI chatbot developer, has hired media veteran David Brinker to build partnerships that will ...
Investornewsbreaks Snap Inc. (NYSE: SNAP) Under FTC Scrutiny Over AI-Powered Chatbot
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 ...
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Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
The FTC did not specify what about the My AI chatbot its complaint was focused on, but the chatbot has previously drawn scrutiny. A Snap spokesperson pushed back against the FTC's claims in a ...