ftc FTC Threatens Crackdown on Biased Algorithms as EU Unveils AI Rules The US Federal Trade Commission signals a tough new stance against biased algorithms, while the EU rolls out sweeping AI regulations. The FTC's approach may have a more immediate impact on tech companies selling AI tools.
ai regulation FTC and EU Take Simultaneous Aim at Biased Artificial Intelligence Both US and European regulators make major moves against harmful AI, with the FTC threatening immediate action against biased algorithms while the EU unveils broad new restrictions.
ftc FTC Warns Companies to Ensure AI Systems Remain Truthful and Fair The Federal Trade Commission advises businesses that artificial intelligence must operate without deception or harmful bias. Companies face legal risks if their algorithms produce unfair or inequitable outcomes for consumers.
ftc FTC Warns Businesses to Ensure AI Models Are Truthful and Fair The Federal Trade Commission advises companies that artificial intelligence tools must adhere to strict standards of truth, fairness, and equity. Businesses face legal risks if their algorithms cause discrimination or produce deceptive outcomes.
ftc Federal Trade Commission Warns AI Developers Against Algorithmic Bias The FTC issues a stern warning to the artificial intelligence industry, stating it will enforce action against companies that deploy or sell racially biased algorithms. The agency highlights that exaggerated claims about unbiased AI systems constitute deceptive practices.
ftc FTC Leverages Existing Laws to Crack Down on Biased AI Algorithms The Federal Trade Commission regulates AI in lending and consumer decisions by applying older laws like the Fair Credit Reporting Act to ban biased and unexplainable algorithms. This approach marks the first concrete AI regulation effort by the U.S. government.
antitrust Antitrust Scrutiny Reshapes Tech Valuations Amid Frenzied IPO Market Federal regulators are aggressively blocking major acquisitions like Visa and Plaid's $5.3 billion deal, signaling a new era of antitrust enforcement that impacts tech valuations. Meanwhile, companies like Affirm and Poshmark experience massive first-day pops in a highly active IPO market.
ftc FTC Mandates Zoom to Overhaul Security Practices in Landmark Settlement The Federal Trade Commission requires Zoom to implement a comprehensive security program following allegations of deceptive privacy practices. The settlement addresses past vulnerabilities that expose user data to security risks.
zoom Zoom Reaches FTC Settlement Over Misleading Encryption Promises Video conferencing platform Zoom agrees to implement a stronger security program and undergo regular assessments after the FTC accuses it of falsely claiming to offer end-to-end encryption.
biden Biden Presidency Prompts Major Shifts in Antitrust and Privacy Regulation The incoming Biden administration signals a significant shift away from the deregulatory approach of the past four years, focusing heavily on antitrust enforcement and data privacy. Tech giants face a much stricter regulatory landscape as new leadership takes over key government agencies.
zoom FTC Penalizes Zoom Over Deceptive End-to-End Encryption Claims The Federal Trade Commission reaches a settlement with Zoom after accusing the company of lying about its end-to-end encryption capabilities. The regulator requires Zoom to implement stronger security measures and prohibits future misrepresentations of its privacy practices.
zoom Senator Demands FTC Investigation Into Zoom's Misleading Encryption Claims A Senate Democrat urges the FTC to investigate Zoom for falsely claiming end-to-end encryption as the video platform faces intense scrutiny over security flaws and "Zoombombing" incidents.
youtube YouTube Seeks FTC Clarification on Children's Privacy Compliance for Creators YouTube asks the FTC for clearer guidelines to help video creators determine what qualifies as child-directed content under the recent COPPA settlement.
facebook California Sues to Force Facebook to Hand Over Cambridge Analytica Documents California's attorney general accuses Facebook of ignoring subpoenas related to the Cambridge Analytica scandal and asks a court to compel the company to produce the requested evidence.
at&t AT&T Agrees to $60 Million Settlement Over Deceptive Unlimited Data Claims AT&T pays $60 million to the FTC after falsely advertising unlimited data plans while secretly throttling speeds for millions of customers.