Elon Musk’s Twitter Asks Court to Terminate FTC Settlement

Elon Musk’s Twitter Asks Court to Terminate FTC Settlement

The move came hours before House Republicans and FTC Chair Lina Khan clashed at a hearing Thursday over her agency’s investigation of Twitter and what her critics say is an antibusiness agenda. The FTC is examining whether Twitter under Musk is protecting users’ privacy. House Judiciary Committee Chairman Rep. Jim Jordan (R., Ohio) and other […]

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ChatGPT Comes Under Investigation by Federal Trade Commission

ChatGPT Comes Under Investigation by Federal Trade Commission

The Federal Trade Commission is investigating whether OpenAI’s ChatGPT has harmed people by publishing false information about them, posing a potential legal threat to the popular app that can generate eerily human-like content using artificial intelligence. In a civil subpoena to the company made public Thursday, the FTC says its investigation of ChatGPT focuses on […]

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Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing

Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing

Khan failed Tuesday in her latest effort to block a big-tech deal when a federal judge denied her agency’s bid to block Microsoft from closing its purchase of videogame publisher Activision Blizzard. The FTC suffered a similar setback earlier this year when it tried to thwart Meta Platforms’ purchase of a virtual-reality gaming company. Khan, […]

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Ethics Official Owned Meta Stock While Recommending FTC Chair Recuse Herself

Ethics Official Owned Meta Stock While Recommending FTC Chair Recuse Herself

Lorielle Pankey, the FTC’s designated agency ethics official, in an August 2022 memo said Khan’s past statements opposing acquisitions by Meta raised questions about her ability to be impartial as the FTC reviewed the company’s planned acquisition of a virtual reality app developer. At the time of her recommendation, Pankey owned between $15,001 and $50,000 […]

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Activision Won’t Withhold Call of Duty From Sony if Microsoft Deal Closes

Activision Won’t Withhold Call of Duty From Sony if Microsoft Deal Closes

Activision Blizzard’s popular Call of Duty franchise will remain available for Sony Group’s gaming console if the videogame company is acquired by Microsoft, Activision’s chief told a hearing that could decide the fate of the $75 billion deal. Activision Chief Executive Officer Bobby Kotick said keeping the game off Sony’s PlayStation console would alienate one […]

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Microsoft-Activision Deal Faces Test in FTC Hearing

Microsoft-Activision Deal Faces Test in FTC Hearing

A federal judge is slated to hear arguments Thursday in the Federal Trade Commission’s lawsuit seeking to block Microsoft from acquiring Activision Blizzard, a closely watched case that could determine the fate of their $75 billion proposed deal. The proceeding before U.S. District Judge Jacqueline Scott Corley is a major test for the Biden administration’s […]

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The case against Google hinges on an antitrust “mistake”

The case against Google hinges on an antitrust “mistake”

In 1912 America’s Supreme Court ruled that a coalition of 14 railroad proprietors had used their joint ownership of a bridge across the Mississippi river, near the St Louis terminal, to unlawfully stifle competition. The crossing gave the railroad trust a chokehold over traffic to and from the city’s main terminal. St Louis was an […]

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Facebook parent Meta agrees to settle Cambridge Analytica lawsuit

Facebook parent Meta agrees to settle Cambridge Analytica lawsuit

Home / Technology / News /  Facebook parent Meta agrees to settle Cambridge Analytica lawsuit Premium Meta and the Facebook users suing the company said in the joint filing that they had reached an agreement in principle but didn’t provide financial or other details.. Photo: AFP (Photo: AFP) 2 min read . Updated: 29 Aug […]

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