The U.S. Supreme Court is set to consider bids by two tech giants to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies to account.
Read More Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
Social media companies collect, share and process vast troves of information about their users while offering little transparency or control.
Read More Social media users lack control over data used by AI, US FTC says
Google will face U.S. antitrust prosecutors where the Justice Department will seek to show the company stifled competition in online advertising technology.
Read More Google’s antitrust trial over online advertising set to begin
Amazon now allows its cloud credits to cover the use of models from other providers including Anthropic, Meta, Mistral AI, and Cohere.
Read More Amazon offers free credits for startups to use AI models including Anthropic
Meta cannot delay the FTC from reopening a probe into alleged privacy failures by its Facebook unit.
Read More Meta cannot delay US FTC from reopening privacy probe, court says
Amazon.com asked a federal court to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail empire.
Read More Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown