Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury

Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury

Daniel Ives, Wedbush Securities Scott Mlyn | CNBC Wedbush Securities’ Dan Ives is joining a new company focused on accumulating Worldcoin (WLD), the native token of the blockchain used in Open AI creator Sam Altman’s biometric identity verification startup, World. Eightco Holdings, a tiny company that currently trades on the Nasdaq under the ticker “OCTO,”…

Read More
FTC commissioner questions status of Snap AI chatbot complaint

FTC commissioner questions status of Snap AI chatbot complaint

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of Justice earlier this year. In January, the FTC announced that it would refer a non-public complaint regarding allegations that Snap’s My AI chatbot posed potential…

Read More
Google slapped by EU with .45 billion antitrust fine

Google slapped by EU with $3.45 billion antitrust fine

Google was on Friday hit with a 2.95-billion-euro ($3.45 billion) antitrust fine from European Union regulators for anti-competitive practices in its lucrative advertising technology business. The European Commission, which is the executive body of the EU, accused Google of distorting competition in the so-called adtech market by unfairly favoring its own display advertising technology services…

Read More