• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

US FTC refers complaint about Snapchat use of AI chatbot to Justice Department

by January 17, 2025
written by January 17, 2025

WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc (NYSE:SNAP) that alleges its messaging app Snapchat used an artificial-intelligence chatbot that harmed young users.

The consumer protection agency provided no further detail on the alleged harm from the My AI chatbot, but said publicizing the transfer of the complaint to the DOJ was in the public interest.

A Snap spokesperson said My AI incorporates “rigorous safety and privacy processes” and said the FTC “lacks concrete evidence.”

The FTC said its investigation “uncovered reason to believe Snap is violating or is about to violate the law.”

Snap shares ended 5.2% lower at $11.22 on Thursday.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
BP cuts over 5% of workforce to reduce costs
next post
Senate Democrats ramp up pressure on Biden to delay TikTok ban

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

      October 29, 2025
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

      October 24, 2025
    • X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

      October 24, 2025
    • Travis Kelce part of investor group aiming to revive struggling Six Flags

      October 24, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (660)
    • Stock (6,426)

    Latest News

    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    Popular News

    • Billionaire Ackman’s Pershing Square offers $85 per share for rest of Howard Hughes
    • US imposing new export controls on biotech equipment over China concerns

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy