Tech

Bytes: Week in Review: The FTC’s Latest Tech Crackdown, Trump’s Pro-Crypto Campaign, and Threads Turns One

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The Republican Party officially adopted former President Donald Trump’s 2024 platform this week. The GOP is now taking a friendly approach to cryptocurrency and artificial intelligence, with plans to reduce regulation of both.

Additionally, Meta’s Threads platform is celebrating its first anniversary this month. The social media app once called the Twitter killer, now the X killer, claims to have amassed 175 million users. But has it really made it big?

But first, the Federal Trade Commission is targeting the popular anonymous messaging app NGL. The commission has accused the app’s parent company of misleading customers, exaggerating its ability to use artificial intelligence to stop cyberbullying, and violating children’s privacy laws.

NGL, the most downloaded product on the Apple App Store in 2022, called the allegations “factually incorrect.”

But the company agreed to a settlement, the terms of which include banning minors from using the app.

Marketplace’s Meghan McCarty Carino is joined by The Information’s Natasha Mascarenhas for her take on this week’s tech news.

Italian: https://www.youtube.com/watch?v=dYtJFor5Gk0

More on everything we talked about

FTC Blocks Anonymous Messaging App From Serving Users Under 18” from the New York Times

For the first time, federal regulators ban messaging apps from hosting minors” from the Washington Post

FTC order will ban NGL Labs and its founders from offering anonymous messaging apps to children under 18 and block misleading claims about AI content moderation from the United States Federal Trade Commission

NGL’s Response to FTC Settlement from NGL

Trump’s 2024 Platform Tech Winners: Cryptocurrencies, AI, and Elon Musk” from the Washington Post

Cryptocurrencies are Trump’s new weapon against Biden” from Politician

US Elections Are a Make-or-Break Moment for Cryptocurrencies“from The Information

Meta’s Threads Thrives After a Year, But X Still Struggles” from The Verge

Elon Musk Proposes a “Cage Match” With Mark Zuckerberg” from the New York Times

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