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Marketplace Tech
Bytes: Week in Review — FTC’s latest tech crackdown, Trump’s pro-crypto campaign and Threads turns a year old
Jul 12, 2024
Natasha Mascarenhas from The Information discusses the GOP embracing crypto and AI, Trump's AI policy, and Meta's Threads app turning one. They cover topics such as the FTC cracking down on NGL, GOP's friendly approach to tech, and Meta's platform milestone.
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Quick takeaways
- FTC intervenes to protect minors from app misconduct, enforcing online safety regulations.
- GOP embraces crypto and AI, marking a shift towards tech innovation and deregulation within the party.
Deep dives
Crackdown on NGL App by the Federal Trade Commission
The FTC has accused the popular anonymous messaging app NGL of exaggerating its AI's ability to combat cyberbullying and violating children's privacy laws. They reached a settlement with the app's parent company, resulting in a ban on minors utilizing the app. Despite NGL's strong presence and success, the allegations highlight the FTC's commitment to safeguarding minors and addressing app misconduct. This intervention signifies a significant move to protect young users and enforce online safety regulations.
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Discover
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