Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday.

Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. TakeAway Points: The company’s stock fell 5% after the Federal Trade Commission announced that it would forward a complaint against Snap to the Department of Justice.

The U.S. Federal Trade Commission (FTC) announced it has referred a complaint against Snap Inc. (NYSE: SNAP) to the Department of Justice (DOJ). The complaint alleges that Snapchats artificial intelligence chatbot,

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

The Federal Trade Commission has referred to the Department of Justice a complaint against Snap (SNAP), Inc. The complaint pertains to the

Snap shares are trading lower on Friday despite the United States Supreme Court upholding the TikTok ban-or-sale law.

Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence (AI) market, the United States Federal Trade Commission (FTC) said in a report released Friday.

U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap, Inc., that alleges its messaging app Snapchat used an

However, ten companies under mixed sectors bucked an overall positive market sentiment as multiple negative factors put pressure on investor sentiment.

However, ten companies under mixed sectors bucked an overall positive market sentiment as multiple negative factors put pressure on investor sentiment.

Shares in TikTok competitors were little helped on Friday after the high court let the ban stand, indicating that investors are not convinced it will happen. Today, the United States Supreme Court announced its ruling to uphold the TikTok ban.