Why the FTC argues Meta is a closer rival to  MeWe than TikTok

If the question, “Who is Meta’s biggest rival?” were on a Family Feud survey, TikTok would likely be the winning answer. In the Federal Trade Commission’s antitrust case against the Facebook and Instagram owner, the government’s response probably wouldn’t even make the top 10: a small blockchain-based platform called MeWe. MeWe looks a fair amount…

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FTC orders AI accessibility startup accessiBe to pay $1M for misleading advertising

The U.S. Federal Trade Commission has fined accessiBe, a startup that claims to make websites more compatible with the screen readers blind people rely on to access the internet, for false advertising and compensating reviewers without disclosing that it sponsored the reviews. In a proposed order, the FTC would require accessiBe to pay $1 million that…

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Microsoft accuses FTC of leaking news of its antitrust investigation

Microsoft is asking the inspector general at the Federal Trade Commission to investigate whether agency management improperly leaked news of its antitrust investigation into the company, and make their findings public. Bloomberg first reported that the probe was underway last week, which The Verge later confirmed. The investigation covers Microsoft’s cloud and software licensing businesses,…

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FTC study: Social media and video streaming companies are spying on users

The Federal Trade Commission published a new report about social media platforms and video streaming services’ data collection policies, and the results are damning if not unexpected. The report, which was released on September 19th, found that these platforms not only surveil consumers but often retain vast troves of data indefinitely about users and non-users…

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Senate leaders ask FTC to investigate AI content summaries as anti-competitive

A group of Democratic senators is urging the FTC and Justice Department to investigate whether AI tools that summarize and regurgitate online content like news and recipes may amount to anticompetitive practices. In a letter to the agencies, the senators, led by Amy Klobuchar (D-MN), explained their position that the latest AI features are hitting…

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FTC Chair Lina Khan shares how the agency is looking at AI

The U.S. Federal Trade Commission will examine the rise of AI technology across all fronts, said FTC Chair Lina Khan, speaking at TechCrunch’s StrictlyVC event in Washington, D.C., on Tuesday. However, the agency’s goal is not to crush the startups that are aiming to compete in this space with increased regulation, Khan said. “We want…

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