Reddit discloses FTC probe into its AI content licensing practices | CNN Business

Washington CNN  — 

The Federal Trade Commission is looking into Reddit’s plans to license its platform content to artificial intelligence companies, the social media company disclosed Friday in a securities filing.

The disclosure emerged ahead of the company’s long-anticipated initial public offering, which comes nearly 20 years after its launch and is set to make it the first social media platform to go public in years.

The FTC sent Reddit a letter on Thursday outlining the scope of the inquiry, Reddit said in the filing.

“The FTC’s staff is conducting a non-public inquiry focused on

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Supreme Court issues first of many expected decisions on social media

Enlarge this image The U.S. Supreme Court ruled in a pair...

Uber and Lyft threaten to halt operations in Minneapolis over minimum wage law

Enlarge this image Uber and Lyft have said they'll stop service...

Boeing issues alert about pilot seats after mid-air nosedive – CNN Video

This country is a leader in diamond trading. Now, it wants to grow them, too 02:45 Now playing ...