FTC Probes Snapchat's AI Risks

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Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ

Summary

Nutrition label

80% Informative

Snap shares closed down 5% on Thursday after the FTC said it would refer a complaint against the company to the Department of Justice .

The FTC 's non-public complaint involves allegations that Snapchat 's My AI chatbot poses "risks and harms to young users" The complaint stems from the FTC 's compliance reviews with Snap following a 2014 settlement regarding allegations of public deception.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful