A group of twenty-two Republican lawmakers have called on the Federal Trade Commission (FTC) to abandon its opposition to Microsoft’s proposed acquisition of Activision Blizzard. In a letter addressed to FTC Chair Lina Khan and two commissioners, the lawmakers argued that the deal is beneficial for competitiveness and urged the FTC to drop its objections. …
Microsoft has reached a long-term agreement with Sony’s PlayStation to offer the popular “Call of Duty” video game franchise on the platform. This move comes as Microsoft’s pending $69 billion acquisition of Activision Blizzard, the publisher of the game, nears final approval. The terms of the deal were not disclosed, but it has been confirmed …
The CEO of ChatGPT’s parent company, OpenAI, has expressed willingness to cooperate with the Federal Trade Commission (FTC) while disapproving of the way news of the agency’s investigation was leaked to the public. Sam Altman, CEO of OpenAI, took to Twitter to respond to the FTC’s request for documents related to the AI chatbot, which …
The chair of the Federal Trade Commission (FTC), Lina Khan, defended her aggressive legal strategy towards major technology companies during a hearing where House Republicans accused the agency of becoming overzealous and politicized under President Joe Biden. Republican representatives argued that Khan was “harassing” Twitter since its acquisition by Elon Musk, engaging in arbitrary lawsuits …
Twitter has submitted a motion to the U.S. District Court for the Northern District of California, seeking to terminate the Federal Trade Commission’s (FTC) oversight of its data security practices, which has been in effect for several years. In 2011, Twitter, also known as X Corp., agreed to a consent order after the FTC discovered …
Editor’s note: There was an earlier error in this story regarding the court responsible for approving Microsoft’s acquisition of Activision Blizzard. The House Judiciary Committee’s Federal Trade Commission (FTC) oversight hearing on Thursday morning grew increasingly tense. Rep. Steve Cohen (D-Tenn.) criticized certain Republican lawmakers for their perceived hypocrisy and lack of integrity. These lawmakers, …
Twitter is seeking to terminate a $150 million settlement with the Federal Trade Commission (FTC) following allegations of violating user privacy. Lina Khan, head of the agency, faced questioning about the FTC’s investigation into Twitter by Congress last week. Twitter claims that the FTC’s investigation has been burdensome and vexatious, with accusations of bias. Court …
The Federal Trade Commission (FTC) has launched an extensive investigation into ChatGPT, an artificial intelligence tool developed by OpenAI. This move comes as the FTC raises concerns about potential risks posed by ChatGPT. In a 20-page investigative document, the agency seeks answers from OpenAI regarding possible harm to consumers. The Washington Post describes the investigation …
The U.S. Federal Trade Commission (FTC) has initiated an investigation into OpenAI, the creator of ChatGPT, based on allegations that the company has violated consumer protection laws, potentially putting personal data and reputations at risk. This regulatory action poses a significant threat to OpenAI, which is backed by Microsoft and is credited with igniting the …
Microsoft’s $69 billion takeover of video game company Activision Blizzard has been granted approval by a federal judge, marking a significant win for Microsoft. In her ruling, US District Judge Jacqueline Scott Corley stated that the Federal Trade Commission (FTC) has not provided evidence to suggest that this merger would substantially lessen competition. The …