Search results for FTC
World
U.S. Defense Department CTO opposes government stakes in AI companies
The U.S. Defense Department\'s chief technology officer said he opposed the government acquiring stakes in AI companies or pursuing nationalisation. Emil Michael said he did not want direct government intervention in the AI industry. He also urged caution on expanding AI regulation, favouring corporate accountability for developing safe products and stronger enforcement of existing laws, including those related to the Federal Trade Commission.
AI & Enterprise
Former FTC chair Lina Khan says AI regulation possible under existing laws without new legislation
Former U.S. Federal Trade Commission chair Lina Khan argued regulators do not need to wait for a new legal framework to crack down on AI companies, saying existing consumer protection and competition laws can be used. She said releasing unverified AI models or agents could be sanctionable, and providing services without adequate measures to detect and block defective agents may be deemed unfair or deceptive. She also flagged possible competition and data-collection issues.
Industry
Automakers make money selling vehicle data as U.S. car privacy row spreads
A growing privacy debate in the United States is focusing on who should control location and driving-habit data collected by cars, after it emerged that such data was used in setting insurance rates. The U.S. Federal Trade Commission in January issued a final order barring General Motors and OnStar for five years from providing consumer location and driving-behavior data to consumer reporting agencies. Scrutiny is also widening to other automakers as lawmakers weigh new measures.
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Telecommunications & Media
FCC considers scorecard grading U.S. carriers on illegal spam call blocking
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AI & Enterprise
OpenAI rolls out teen ChatGPT for 13 to 17-year-olds, says it can detect fake birthdates
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Industry
Trump to impose up to 100 percent tariffs on drones and aircraft parts, 15 percent for South Korea
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Telecommunications & Media
FTC orders mobile carriers to fix unfair terms limiting liability for personal data leaks
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AI & Enterprise
Musk\'s xAI wins final approval for APR Energy acquisition to secure power for AI
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Crypto
Mirae Asset clears Korbit takeover as Naver-Dunamu tie-up stalls
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Crypto
FTC seeks views on Dunamu-Naver Financial combination; securities industry warns of entry barriers
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Finance
Nextrade STO consortium cleared by FTC, steps up push for final licence
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Mobility
California fines GM $12.75 million over driver data sales allegations
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Games & Commerce
FTC changes Coupang controlling person to founder Kim Bum-suk; Coupang to challenge in court
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Crypto
Korea FTC orders Dunamu to correct ads over allegedly false, exaggerated fee rate discounts
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Games & Commerce
FTC seeks more data as review speeds up on Naver Financial-Dunamu merger
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Industry
Lotte Shopping fined for unfair practices toward suppliers at Lotte Mart, FTC says
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Industry
Mercedes-Benz fined 11.24 billion won by Korea FTC over missing battery maker disclosure
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Games & Commerce
Webzen fined for hiding game shutdown while selling items