The FTC announced on Thursday that it is launching an inquiry into seven tech companies that make AI chatbot companion products for minors: Alphabet, CharacterAI, Instagram, Meta, OpenAI, Snap, and xAI. The federal regulator seeks to learn how these companies are evaluating the safety and monetization of chatbot companions, how they try to limit negative…
A Senate committee is investigating whether a prominent cryptocurrency investor violated federal tax law to save hundreds of millions of dollars after he moved to Puerto Rico, a popular offshore tax haven, according to a letter reviewed by The New York Times. Senator Ron Wyden, an Oregon Democrat, sent the letter on Jan. 9 to…
Law enforcement agencies have obtained the prescription records of thousands of Americans from the country’s largest pharmacy chains without a warrant, a congressional inquiry found, raising concerns about how the companies handle patient privacy. Three of the largest pharmacy groups — CVS Health, Kroger and Rite Aid — do not require their staff members to…