Federal Trade Commission
US ramps up oversight of major AI players
Top U.S. antitrust enforcers are moving forward with investigations into the roles played by Microsoft, OpenAI and Nvidia in the artificial intelligence boom, according to a report.
The rapid development of generative AI since the 2022 release of ChatGPT has raised concerns over whether these three companies will play an outsized role in the new sector.
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US probing tech giants' AI investments
A top U.S. antitrust regulator has said it was launching an inquiry about investments made by Microsoft, Google and Amazon into generative AI startups OpenAI and Anthropic.
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Microsoft’s uphill battle to buy Activision Blizzard
It's not "game over" yet for Microsoft's quest to buy the video game maker Activision Blizzard, but the software giant is starting to run out of clear pathways to complete its $69 billion takeover.
A major setback came on April 26 when British antitrust regulators said they would block the acquisition.
Elon Musk must close Twitter Deal by Friday or Face Trial
Tesla CEO Elon Musk has until Friday to close his USD 44 billion Twitter acquisition deal or face a trial, reported CNN Business.
US senators call for close look at TikTok
Leaders of the US Senate Intelligence Committee have called for an investigation into whether Chinese officials are getting access to data about U.S. users of video-snippet sharing sensation TikTok.
In a letter to Federal Trade Commission (FTC) chairwoman Lina Khan, the senators urged her to scrutinize how well TikTok safeguards private data.
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Trump escalates war on Twitter, social media protections
President Donald Trump escalated his war on Twitter and other social media companies on May 28, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet.
NASA is Investigating the First Crime Committed in Space
NASA is investigating an incident that could turn out to be the first crime committed in space - the illegal entry into a foreign bank account from an International Space Station aboard.
The Guardian: Facebook Will Be Fined $5 Billion for Privacy Violations
The Federal Trade Commission has reportedly voted to approve fining Facebook roughly bn to settle an investigation into the company's privacy violations that was launched following the Cambridge Analytica revelations, The Guardian wrote.
YouTube Collects Personal Data to Children
23 US organizations blame YouTube and its owner Google for collecting children's personal data and using them to target certain ads according to the interests of consumers, news agencies said. This is illegal under US law.
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Amazon starts price war on organic foods
Amazon announced discounts on “Whole Foods” products, soon after US antitrust authority and Whole Foods shareholders authorized the e-commerce giant to acquire the specialty organic foods chain.
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