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Showing 1 - 7 of 7 results for "Federal Trade Commission"

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
The Federal Trade Commission (FTC) is investigating OpenAI, the artificial intelligence research firm that owns ChatGBT, to evaluate possible negligence and consumer harm. In a 20-page document sent to the Microsoft-backed AI firm, regulators demanded ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... backed by Bain Capital. She also served as Rhode Island's state treasurer. Current commissioner of the Federal Trade Commission Rohit Chopra has been nominated to take on the role of director of the Consumer Financial Protection Bureau. Chopra previously ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
Facebook appears unfazed by antitrust lawsuits filed by 46 US states and the Federal Trade Commission seeking to force the social media giant to divest key assets, labelling the actions 'revisionist history'. The FTC and 48 Attorneys General ...

Aussie at center of international scheme

ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
An Australian has been named by the US Federal Trade Commission (FTC) as being at the center of a massive international business coaching scheme that "swindled" veterans and the elderly out of millions. Matthew Lloyd McPhee ran a scheme known as My ...

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... greater protections for the public and investors that will build upon recent penalties imposed by the Federal Trade Commission." The suit originally was brought by the $478 million Fireman's Retirement System of St. Louis and retail investor Karen ...

Get outta town

SUZY MAC  |  FRIDAY, 4 MAY 2007
... members of the Australian Direct Marketing Association and offshore telemarketing centers, following the Federal Trade Commission's launch of their National Do Not Call Registry. Aside from expected revenue losses, telemarketing companies could face ...

Market wrap

AAP  |  THURSDAY, 10 NOV 2005
... slightly higher as the benefit of a drop in oil prices below $US59 a barrel was offset by news that the Federal Trade Commission issued subpoenas to Exxon Mobil Corp. and other big oil companies in a probe of gasoline prices. The Dow Jones industrial ...
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