The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc., that alleges its messaging app Snapchat used an artificial intelligence chatbot that harmed young users.

The Federal Trade Commission has referred a complaint against Snap Inc. (NYSE:SNAP) to the Department of Justice, according to a public statement made by the U.S. government agency Thursday. The complaint against the Snapchat parent is connected to the deployment of "My AI" chatbot on the company's platform,

From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.

Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs between 2017 and 2022,

A new report from the Federal Trade Commission is uncovering what appears to be a major driver of the high cost of prescription drugs.

The FTC will require web hosting giant GoDaddy to implement basic security protections, such as multi-factor authentication and HTTPS APIs, to settle charges that it failed to secure its hosting services against attacks since 2018.

GoDaddy will implement new information-security programs to settle charges that the technology platform failed to secure its website-hosting services and protect its customers from attacks, the Federal Trade Commission said.

The website hosting company was accused of failing to implement robust enough security measures from at least 2018.