Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ newsthirst.
Snap CEO Evan Spiegel, joins CNBC ‘Power Lunch’ on September 17, 2024. CNBC Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC’s non-public complaint involves allegations that Snapchat’s My AI chatbot poses “risks and harms to…