The U.S. Federal Trade Commission (FTC) announced it has referred a complaint against Snap Inc. (NYSE: SNAP) to the Department of Justice (DOJ). The complaint alleges that Snapchat’s artificial intelligence chatbot, My AI, caused harm to young users.
Although the FTC did not disclose specific details about the harm, it stated that making the referral public serves the public interest. The agency's investigation reportedly found "reason to believe Snap is violating or is about to violate the law."
This move highlights growing concerns about the safety of AI technologies, particularly those targeting younger demographics. Snapchat, widely used by teens and young adults, integrated My AI into its platform earlier this year, sparking debates about its impact on users.
Following the news, Snap's shares briefly dipped before stabilizing, ending the day unchanged.
This development underscores the increasing scrutiny on tech companies deploying AI-driven tools and their responsibility to protect user welfare, especially among vulnerable groups.


Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Supreme Court Tests Federal Reserve Independence Amid Trump’s Bid to Fire Lisa Cook
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Trump Lawsuit Against JPMorgan Signals Rising Tensions Between Wall Street and the White House
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 



