FTC cracks down on DoNotPay, others for ‘deceptive AI claims and schemes’
The Federal Trade Commission on Wednesday announced a crackdown on what the regulator called “deceptive AI claims and schemes” by…
Deutsche Bank criticized by German regulator for financial reporting error
Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the…
U.S. lawmakers push for ByteDance to divest TikTok or face ban
A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China’s ByteDance about six months to divest popular short video app TikTok or face a U.S. ban, seeking to tackle national…
Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal
Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts…
FTC’s Lina Khan presses ahead with sprawling antitrust plans in the face of GOP opposition
Republican lawmakers have for years launched barrages of criticism at Biden administration regulatory agencies and their diverse leaders — and…
