Munger, Gibson Dunn Billed $63 Million to Snap in 2024
Familial ties between CEO Evan Spiegel and partners at the firms forced Snap to reveal the otherwise private payments.
Investornewsbreaks Snap Inc. (NYSE: SNAP) Under FTC Scrutiny Over AI-Powered Chatbot
Despite these legal challenges, Snap's stock performance has remained a point of interest for investors. The company's shares reached a high of $11.19 on the New York Stock Exchange, indicating ...
NBC New York21d
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC's non-public complaint involves ...
The Hollywood Reporter21d
FTC Refers Complaint Against Snapchat to DOJ Over “My AI” Feature
By Alex Weprin Media & Business Writer In an unusual move, the Federal Trade Commission has released a statement announcing that it has referred a complaint against Snapchat owner Snap Inc. to the ...
Los Angeles Times21d
FTC refers Snap complaint alleging its chatbot harms young users
The Federal Trade Commission on Thursday announced it had referred a complaint against Snap Inc. to the Department of Justice, alleging the social media company’s AI-powered chatbot is harmful ...