Amazon is facing another competition lawsuit in the UK. The latest claim, which was filed Thursday, is seeking more than £2.7BN in damages — or around $3.4BN at […]
FTC refers TikTok child privacy case to Justice Department
The U.S. Federal Trade Commission announced on Tuesday that it has referred a complaint against TikTok and its parent company ByteDance to the Department of Justice. The agency was […]
Adobe sued by U.S. for allegedly ‘trapping’ users in Photoshop subscriptions
Adobe is in hot water after the FTC has accused the software giant of ‘trapping consumers’ with its annual plans.
US sues Adobe for hiding termination fees and making it difficult to cancel subscriptions
The U.S. Department of Justice has filed a lawsuit against Adobe alleging that the company deceives consumers by hiding the early-termination fee and making it difficult for people […]
Amazon says it’ll spend $230 million on generative AI startups
Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS […]
FTC Chair Lina Khan says the agency is going after the ‘mob bosses’ in Big Tech
The U.S. Federal Trade Commission is focusing its efforts on going after Big Tech, according to FTC Chair Lina Khan, who spoke at TechCrunch’s Strictly VC event in […]
FTC Chair Lina Khan shares how the agency is looking at AI
The U.S. Federal Trade Commission will examine the rise of AI technology across all fronts, said FTC Chair Lina Khan, speaking at TechCrunch’s Strictly VC event in Washington, […]
AI giants Microsoft, OpenAI, and Nvidia investigated for possible antitrust violations
Some of the biggest players in the AI space may be breaking antitrust laws. The DOJ and FTC will investigate.
Don’t miss StrictlyVC in DC next week
The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly […]