Tag Archives: Investigating

The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups

The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups The companies have 45 days to respond to the agency. Pranav Dixit   Updated Fri, Jan 26, 2024 The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups The Federal Trade Commission is launching an inquiry into massive investments made by … Continue reading The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups

The FTC is investigating Elon Musk’s handling of Twitter Blue and the ‘Twitter Files’

FTC fines Twitter $150 million for ‘deceptive’ ad targeting   Karissa Bell @karissabe Twitter has paid a $150 million fine to the FTC over its”deceptive” use of user data for targeted advertising. The fine stems from the company’s admission in 2019 that it had for years used Twitter users’ phone numbers and email addresses provided … Continue reading The FTC is investigating Elon Musk’s handling of Twitter Blue and the ‘Twitter Files’

US prosecutors are reportedly investigating FTX founder Sam Bankman-Fried for fraud

Nikola founder Trevor Milton convicted on three charges of fraud     Karissa Bell @karissabe Trevor Milton, the founder and former executive chairman of Nikola, has been found guilty on three counts of fraud for misleading the electric vehicle company’s investors about its business and technology. In total, he was found guilty on one count … Continue reading US prosecutors are reportedly investigating FTX founder Sam Bankman-Fried for fraud

Uber says it’s investigating a ‘cybersecurity incident’

Uber hid data breach that exposed info for 57 million users The company has inherited one more big scandal from its former CEO. J. Fingas @jonfingas   David Paul Morris/Bloomberg via Getty Images Uber’s new CEO Dara Khosrowshahi has inherited yet another scandal from Travis Kalanick. The ridesharing firm has revealed to Bloomberg that it … Continue reading Uber says it’s investigating a ‘cybersecurity incident’