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Posts by Y@DminG

FTC to Review AI Chatbot Risks With Focus on Privacy Harms

The U.S. Federal Trade Commission plans to study the harms to children and others of AI-powered chatbots like those offered by OpenAI, Alphabet Inc.’s Google and Meta Platforms Inc., according to people familiar with the matter. The study will focus … Source: Claims Journal

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Google Hit With $3.45B EU Antitrust Fine Over Adtech Practices

Alphabet’s Google was hit with a 2.95-billion-euro ($3.45 billion) EU antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction against the firm that could rile up U.S. President Donald Trump. The fine, the fourth … Source: Claims Journal

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Citi and UBS Units Settle With CFTC Over Compliance Claims

Units of Citigroup Inc. and UBS AG were among several firms that agreed to pay a total of $8.3 million to settle U.S. Commodity Futures Trading Commission claims over compliance-related violations including recordkeeping and reporting lapses, the derivatives regulator said. … Source: Claims Journal

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