the ftc federal trade commission is challenging the deal because it says it will hurt competition. u.s. district judge jacqueline scott corley said in the ruling that the federal trade commission has not shown a likelihood it will prevail. the ftc hasn't said whether or not it will appeal the ruling. well, today, amazon kicked off its annual 2 day prime day event. there's a new wrinkle this time around, though. >> amazon is offering invite only deals for some of its hottest products. shoppers have to request invites to buy the goods, but they aren't required to purchase them if chosen experts say, know, this could be a testing ground for a future sales. >> it is very interesting how they're going to be dishing these out as a first come first serve or what not and are we could be seeing more. black friday comes along. our other retailers going to look at this and say, well, do the same thing. >> these items could be found on amazon's main prime page. there's only few of them, though, including amazon, fire tv, a soda stream motorola razr phone. >> and on this prime day, amazon is war

our guest is neil chilson, served as chief technologist at the federal trade commission. he is a commissioner at the center for growth and opportunity. there has been a call for a pause in the ai development to get around this issue. headline on that topic yesterday from wired magazine. meet the ai protest group campaigning against human extinction. fears that artificial intelligence might wipe us out has fueled a rise in groups like this. what is your idea about taking a pause in ai? guest: ayotte is actually many things. many tools, dozens of tools use ai today. the tools that are prompted the most news and maybe our water concerning this group are these large language models like chatgpt which has a chat interface where you can type prompts and it generates text that is probable based on the understanding of everything on the internet. it gives you an understanding of a sequence of tokens. i think if people thought about pausing all of the devices that they have that use ai and say we are not quite to make these any better, we talking about things like alexa or siri th

we have the focusn 't federal trade commission's investigation into chat gpt. it will get hot, hot, hot this weekend. how it will get hot and lou it will impact our local industries right here. >>> we'll start with this morning's top stories, your favorite movies and tv shows are on hold. negotiations between the screen actors guild and organization representing major production studios broke down this week as concerns over compensation related to streaming and artificial intelligence are taking center stage. the cast of "oppenheimer" left their london premiere once the strike was announced. sag-aftra president says they are taking into account major shifts. writers and actors are hitting the picket line starting right now. >>> closer to home in the bay in san jose, city workers are preparing to possibly hit the picket lines themselves. they are calling for pay hikes in each of the next three years. plus, eight weeks of family leave. contracts for two unions representing 4,500 city workers expired at the end of last month. >>> a gilroy man accused of going on a

the federal trade commission has opened an investigation, saying it is looking into whether the popularhat bot harmde consumers by publishing false information. the ceo of openai, the company that created chatgpt, reacted to news of this investigation and said his company protects user privacy. the artificial intelligence company openai is facing a probe by us regulators for the federal trade commission sent a letter to the microsoft backed company, asking for more information about its privacy and data security practices. the agency also wants to know if the ai tool harmed people by generating false information about them. since its launch, there has been a lot of noise about openai. this is the service that generates convincing humanlike responses to user queries and is expected to dramatically change the way we get information online. it is already the subject of fierce debate, including over the accuracy of some of its responses and whether the company violated author's rights when it was training the technology. this spring, congress hosted the chief executive sam oldman for a hear

the federal trade commission has opened an investigation, saying it's looking into whether the popularhatbot harmed consumers by publishing false information. the ceo of openai, the company that created chatgpt, has since reacted to news of this investigation. sam altman said his company protects user privacy. michelle fleury has more. the artificial intelligence company openai is facing a probe by us regulators. the trade commission sent it after asking for more information about its privacy and data security practices. the agency also wants to know if the ai tour harm people by having false information about them. since it launched there's been a lot of noise about openai. it gives humanlike responses to basic queries and will dramatically change the way we get information online. it's already the subject of fierce debate, including the accuracy of some responses and whether the company violated authors rights when it was a train in the technology. this spring, converse congress hosted sam altman and he called for regulation to be draughted for the emerging industry. now.. speaking o

these companies had a win from court judges against the federal trade commission. this is ramping up to say it looks like this merger to be fully improved. we should see. activision blizzard is flat to slightly higher. and broader markets in stocks. and ninth straight session of gains, something it hasn't done in six years, september 2017. and and johnson & johnson at the top of the heat, and ibm, look at j&j up 8%. amazon and ibm awarded earnings, you miss revenue estimates, showered with multiple target hikes after beating on profits. j&j revealed a quarterly profit now raised guidance, that's not the only reason investors are piling in. and that was a consumer products division the spun off in may. it was within days, and that stock is being hit, with ceo and expectations, and the j&j mothership, at 3:30 pm eastern. and the s&p and nasdaq is down, i guess you could blame testflicks. and digested and rejected part of the earnings reports, gapping down 9% right now. even though the ev leader on the top and bottom line. elon musk neglected to mark the date as to wh

next the chair of the federal trade commission testifi that an oversight hearing on capitol hill. and then several state governors address a range of issues including mtal emmett general health during the natiol governors association annual meeting in new jery. later first lady jill biden speaks to the governors on workforce training program for employees. the chair of the federal trade commission responded to questions on privacy concerns and data collection while testifying for the house judiciary committee. before being confirmed her current role in 2021 chairwoman serve as counsel to the house judiciary subcommittee on antitrust commercial and administrative law. this is about four hours. >> this meeting will come to order. without objection shares authorized to declare a racist at any time. we welcome chairman to the hearing on the federal trade commission for the chair now recognizes the gentleman from wisconsin mr. fitzgerald to lead us in the pledge of allegiance. the flag of the united states of america into the republic for which it stands "one nation" under god indivisi

the federal trade commission says it's looking into whether the ai chatbot could put consumers reputations privacy at risk by publishing false information about them. open al's ceo sam altman says they will work with the ftc, saying, "we protect user privacy and design our systems to learn about the world, not private individuals". michelle fleury in new york has more. the artificial intelligence company openai is facing a probe by us regulators. the federal trade commission, or ftc, sent a letter to the microsoft—backed company asking for more information about its privacy and data security practices. the agency also wants to know if the ai tool harmed people by generating false information about them. since its launch, there has been a lot of noise about openai. this is the service that generates convincing human—like responses to user queries and is expected to dramatically change the way we get information online. it's already the subject of fierce debate, including over the accuracy of some of its responses and whether the company violated authors�* rights when it was training the tec

the federal trade commission had argued that it would reduce competition and threaten innovation in the it is a weak case and it would oppose further attempts to prevent the takeover going ahead. on tuesday thejudge said prevent the takeover going ahead. on tuesday the judge said that she didn't think the ftc would win its case. she said, and i quote, the regulator had not shown that the combined firm would pull call of duty from sony playstation, or that it's ownership will substantially lessen competition in the video game, library subscription markets. the european commission has approved the takeover but it has been blocked by the regulator. this week it was ready to consider any proposals from microsoft that would enable it to restructure the transaction. microsoft does need approval from the eu, the us and the uk, to transact its business in all three territories. twitter is facing a class action lawsuit in san francisco claiming it failed to pay at least £500 million in severance to thousands of employees. more than half of twitter�*s workforce were laid off by elon musk after he

federal trade commission chair lina kahn tried to block the mergers saying they'd squash competition and buying video game giant activision blizzard and that would be the larger deal in tech history and still alive after a u.s. district judge denied kahn's request to sighmy the deal and a win for -- stymy the deal and bobby is live in studio waiting for clarity from the president. bobby, thanks for being here. >> thanks for having me, liz. liz: it's coming just as the news is about to happen out of washington dc. your deal is not entirely done but today there's an extension to complete the deal till october 18th because we're waiting on the united kingdom to make their decision here. but in a word, how would you describe what you and microsoft d had to go there, the gauntlet to go through to make this merger happen? >> one of the important -- when you look at mission statement of ftc, one of the important principles in their mission statement is not creating obstacles that are un-networks inappropriate for businesses to be successful in the united states. what we've been experiencing

it turns out objectivity was not with the federal trade commission was interested in here. here is with the filing said about ernst & young the independent investor hired in this matter. quote the ftc was so adamant with ernst & young conveying this is absolutely what you will do this is going to occur you will produce a report at the end of the day that will be negative about twitter. seen ernst & young leaders. that ernst & young resigned as independent investor, the ftc would take exception to the withdrawal and create other challenges for ernst & young overtime. this is not conjecture from twitter for this is from sworn testimony independent assessor in the deposition itself. take it just last month. this is outrageous. this is unacceptable the kind of fear that occurs in the banana republic not in the united states of america. and so it is no wonder has no interest in providing information to the representative in the congress for the people of this committee will be asked for. today the ftc is not going to go by the signal request for documents from this committee. no

third, this morning the department of justice and federal trade commission released their new merger guidelines. competitive mergers can hurt people and drive up costs as well. for example, hospital mergers have led to price increases 20% or more. health insurance mergers that caused premiums to go up 7% on average. all told, this kind of industry concentration costs that typical american household an estimated $500,000 a year. when i signed the executive order, i said we cannot accept bad mergers that lead to mass layoffs, higher prices, and fewer options for workers and consumers. i will close with this. to get this meeting started, i have said before, capitalism without competition is not capitalism. it is exploitation. i am grateful for this competition counsel as we keep building this momentum to reduce costs, deliver results for the american people. with that, i will turn it over to the secretary. >> thank you, mr. president. as you know, for far too long, agriculture policy has been focused on getting big or getting out, resulting in a trend toward bigger farms and fewer farme

cheryl: that was house judiciary chair, jim jordan, pressing the federal trade commission cha chair onsettlement with the ftc over user privacy, claiming it had been subject to a, quote, burdensome and vexatious investigation. joining us now professor of internet law, carl zabo. good morning to you. your reaction to that exchange? first and foremost, between jim jordan and lina kahn. she kind of needs a win here. she's had a lot of failures so far. >> yeah. this is much more than just twitter. this is basically again, the biden administration harassing twitter because it had the audacity to allow republicans on the platform and expose the coercion by businesses. but the underlying problem here is much, much, much bigger than just biden with the federal trade commission. this is an agency that oversees every single american business and the other core requirement is to protect consumers. so while lina kahn, the new chair has been there for a couple years, we've seen consumer fraud increase 300%. costing americans $8.8 billion in fraud just last year. she is completely taking the eye off

roles in india, which is tight and scrutiny from neighboring countries, including china. us federal trade commission has launched a proven to open a chat g p t over allegations of this information and mishandling of user data. us regulators set its investigation is focused on the false and misleading content generated by the chat g p t app. in addition to concerns of use of private data and we have your reschedule back from studio reagan, we were talking about the grain deal and moscow's relationship to this with international payment system. you're a, i want to ask, put in, has called the green deal, a one sided deal. are there really no incentives for moscow to extend it? it was a great deal is important to russia for 2 reasons. first practical and 2nd, symbolic practically all around that, diplomatically because russia can deal with the bank to eat and make its demands. black americans, the west, we see this deal now with the demands to reconnect process us with them. also, it's of course important. symbolically because it means that the russia needs is a process, sees itself as the advocate of p

commission of some sort to enforce the nation's anti-monopoly law. the idea that brandeis proposed came to fruition two years later when congress passed and president wilson signed the federal chain -- the federal trade commission act. the statue outlawed unfair methods of competition and created the ftc to enforce the provision and to study market so he could keep pace with trends and practices. much has changed in the century sent but the ftc's basic job has been to promote healthy competition and stop mono ballistic challenges. -- monopolistic challenges. unless there be regulation of competition, its excesses will lead to the discretion -- this -- the destruction of competition, napoli will take its place. this vision has been a bedrock of american dynamism and economic success. open and competitive markets mean the best idea wins. this is this get ahead not through exploiting special privileges provide competing on the merit. this national party in favor of competition over consolidation enabled america to become an economic powerhouse. that allowed our country to harness the ingenuity and hard work of citizens and reap breakthrough innovations. around 40 years ago, we decided to experiment with

lina khan was sworn in as chair of the federal trade commission on june 13, 2021. she was an xo see it professor of law at columbia lost to -- she was an associate professor of law at columbia law school. she was legal advisor to fcc commissioner rokeach opera -- roheat chopra. she is a graduate of williams college and yell law school. the format today will begin with prepared remarks by lina khan followed by a conversation in which we are delighted to have peter orszag doing the moderating. she is ceo elect at lazard -- peter is ceo elect at lazard. as a reminder, this conversation is on the record. we have a lot of media online as well as some in the room. without further ado, the podium is yours, lena. [applause] chair khan: good afternoon. thanks so much to barbara and the whole economic club of new york team for hosting me. thanks in advance for peter. today, i am going to discuss why after decades of retreat, our nation's long-standing commitment to free and long-standing commission has come roaring back to the forefront of policy and what we at the ftc are d

the federal trade commission sent a letter to the microsoft backed company, asking for more informationes. the agency also wants to know if the aia tool harmed people by generating false information about them. since its launch, there has been a lot of noise about openai. this is the service that generates convincing humanlike responses to user queries and is expected to user queries and is expected to dramatically change the way we get information online. it is already the subject of fierce debate, including over the accuracy of some of its responses, and whether the company violated authors rights when it was training the technology. this spring, congress hosted the chief executive sam altman for a hearing in which he called for regulations to be crafted for the emerging industry. that was our reporter _ the emerging industry. that was our reporter michelle _ the emerging industry. that was our reporter michelle fleury i the emerging industry. that was our reporter michelle fleury in l our reporter michelle fleury in new york on the regulation of ai. let's stay with that topic. let's

also have civil allegations brought by securities and exchange commission, commodity trading commission, and federal trade commission. the allegations are centered on the fact that he allegedly lied to investors and customers making misleading statements knowing they were inaccurate and at one point and they say he had a livestream video series and staff would have to go back and edit the video series because they knew the statements were misleading. that is at the core of what we are talking about addition to the inflation -- inflation. >> $4.7 billion fine is unbelievably high and it is not going to get paid. why bother? >> is probably sending a message that you cannot be doing that she cannot take these type of action against customers. we note $4.7 billion fine was from the federal trade commission and they did say they were going to suspend that temporarily so creditors could continue trying to get their money back from celsius in bankruptcy proceedings. we will see were all of this goes but it is sending a message to the rest of the industry. matt: what does this mean for the rest of the indus

"the washington post" is reporting the federal trade commission opened an veflt gags -- an investigation the early stages, is ai violating consumer protection laws? that's the driving question behind the federal trade commission's investigation into open ai and its popular product. it has a lot to do with data privacy concerns. in the ftc's civil investigative demand, it says the probe will focus on whether open ai has engaged in unfair or deceptive privacy or data security practices. artificial intelligence platforms need troves and troves and troves of consumer data to be able to understand how to speak or generate responses, how to generate the responses overall to consumer questions or anything else. is consumer data or sensitive information being scraped to feed these massive data sets that help ai develop and develop their products. jose, this particular issue is something all about consumer protection and whether or not in this kind of initial pioneering stage of artificial intelligence that consumer data is actually out there being protected adequately. that's the big question he

the us regulator — the federal trade commission — is to appeal a decision to allow microsoft to proceedn dollar takeover of games publisher �*activision blizzard'. earlier this week, the ftc�*s request to block the takeover was rejected by a districtjudge in san francisco. let's join our correspondent in new york, samira hussain. just remind us why the ftc are doing this? , ., just remind us why the ftc are doing this? , . ., , _, . ., this? they are really concerned that there is going _ this? they are really concerned that there is going to _ this? they are really concerned that there is going to be _ this? they are really concerned that there is going to be just _ this? they are really concerned that there is going to be just too - this? they are really concerned that there is going to be just too little i there is going to be just too little competition within the gaming world that if this takeover of activision by microsoft happens, microsoft will end up being an absolute giant in the gaming world. the $69 billion deal will have been the biggest deal made in the gaming industry. it

now, the chair of the federal trade commission talks about consumer protections at an event hosted by the economic club of new york. chairwoman also spoke with a former white house budget director about transparency for consumers monopolies and oversight of corporate mergers. this is 58 minutes. >> good afternoon everybody. thanks so much to barbara on the whole economic club of new york team for hosting me today. thanks in advance to peter for a really engaging conversation. today i'm going to discuss why after decades of retreat our nation's long-standing commitment to free and fair competition has come roaring back to the forefront of public policy we at the federal trade commission are doing to advance it. louis brandeis, back in 1912. it was five years after the clubs of founding just four days before presidential election held government should address monopolies an economic power. made the case for a new administrative board or commission of some sort to enforce the nation antimonopoly law if carter free enterprise when congress statute outlawed and created the ftc to enforce t

that includes bringing independent agencies like the federal communications commission, which regulates the media and the federal trade commission under direct presidential control. reviving the practice of impounding funds, refusing to spend money congress has appropriated for programs the president doesn't like. and stripping employment protections from tens of thousands of career civil servants, making it easier to replace them if they are deemed obstacles to his agenda. all this is not a secret. it's happening not behind closed doors. they have been openly broadcasting this plan at rallies and on trump's campaign website. but now, some of those directly involved in this multi-million dollar operation have been saying the quiet part out loud. russell vaut, who ran the office of management and budget in the trump white house, told the times, quote, what we're trying to do is identify the pockets of independence and seize them. while a former white house personnel chief said, our current executive branch was conceived by liberals, for the purpose of promulgating liberal policies. there's no way to make the existing s

but the federal trade commission says the transaction could hurt competition in the gaming industry. on wednesday the ftc filed an appeal after a federal judge in san francisco ruled the deal could go forward. >>> elon musk was to take on chatgpt by building his own artificial intelligence company. he unveiled the company. but they are recruiting engineers . >>> this is not the first time he has been involved in a i. he helped fund open a.i which developed chatgpt but he has warned about the dangers of technology and he joined other leaders earlier in the year calling for a six-month pause in the race for a.i development. >>> we told you yesterday morning that san francisco anchor brewing is weeks away from closing and beer lovers are feeling it. patrons and employees are faced with the reality that their brewery is closing after 127 years. this guy wrote that he rode his bike by today and noticed the flag was flying upside down. anchor was officially born in 1896 and it survive multiple fires. the brewery had its last near-death experience when it closed in 1959 with only one employe

the federal trade commission deals in issues that protect consumers. and subscriptions to magazines, to the services on subscription services for media are everywhere and you can subscribe to them easily. but it's hard to unsubscribe. it's difficult to find that spot. this has been a problem to consumers and the companies just make money hand over fist as people give up on trying to unsubscribe or cancel their membership and what steps is the ftc taking too real in these predatory practices? >> congressman, you are absolute right. we had a complaint database for me or directly from consumers. oftentimes we are about frustrations about the subscriptions that are very easy to sign up for but impossible in some cases a foley catheter we brought enforcement actions including a case about against bondage last you. we also briefly proposed a rule with our click to cancel role that require companies make it as easy to cancel a subscription as it is a sign up for one. we have been collecting public comments. we will look hulsey at the record and determine how

part of that event was the federal trade commission chair. an event posted by the economic club of new york. that will be live here at noon on c-span. also on our mobile app, c-span now and c-span.org. the federal reserve chair, jerome powell is holding a news conference today, coming up at 2:30 p.m. eastern. we will show that for you on our c-span now mobile app, which you can download for free. later this evening, former republican congressman will talk about conservative principles. he is speaking at the young american foundation national conservative student conference. live coverage begins at 7:45 eastern on c-span, on the mobile app c-span now and at c-span.org. it is open forum and we welcome jeff from bowling green, kentucky, on the democrats line. go ahead. caller: purported irs whistleblower jerry shapley has been given certain protections per whistleblower statutes. this is true even though he made protected disclosures if at all, after they started the investigation into him. my question is this, should the classification of whist

the federal trade commission is concerned kids could confuse the products for the real thing . two of the companies targeted are based in california, including delta munchies and exclusive hemp farms. >>> a lot of pets go missing during the fourth of july fireworks as animal control has seen a 20% jump in calls about missing pets over the holiday. these animals can be tricky to find because they are so scared. >> they get extremely worried. it will take a few days . some animals will stay hunkered down and take a few days to approach them. earn their trust. we will slowly approach an animal , especially a stray dog . hopefully they get tired out and we can get safely with a leash and bring them back to our shelter where we can reunite them with owners. >> the peninsula humane society reminds owners to check shelters in cities beyond their own. the cbs evening news is next and we are back in ♪ ♪ ♪ >> jericka: tonight new details about the cocaine found in the white house as questions mount about how it got into the west wing. here are tonight's headlines. ♪ ♪ the secret service

. >>> and "politico" says the federal trade commission is getting ready to file an antitrust lawsuit up amazon. four people with knowledge of the matter told "politico" the lawsuit challenging a host of amazon business practices could be filed next month. now the complaint is likely to involve amazon's rules that the ftc says blocks lower prices on competing websites. amazon and the ftc declined to comment. >>> still to come, u.p.s. walkout averted. your packages will keep coming at least for now after workers reached a labor agreement. reached a labor agreemenent. d wt helped m me find t the ststrength t to go fururthr ththan i evever thoughght poss. - [n[narrator]r] i was a abe toto come ououtta my s shell and rereally cononnect witith o. - [narrarator] so o i can feel l like partrt of a tete, papart of ththe commununity a. - [n[narrator]r] it's poposse to livive betterer. - [nararrator] i it's possssibo haveve a voicece and to o be h. - [n[narrator]r] to feelel unde. - - [narratotor] to fifind pe. - bebecause i'i've expereried firsthanand ththat anyththing is p possi. (insnspirati

the federal trade commission and the us have it is department releasing new merger guidance, saying they want to clarify their aggressive approach. under the new guidelines they will use 13 criteria to value the so-called horizontal mergers and vertical mergers in which the same -- i just did vertical and -- i don't know if i went in the right direction. those criteria include these principles, and i think for a lot of folks in corporate america, this is going to be significant. mergers should not significantly impact highly concentrated markets. eliminating substantial come petition between firms, increasing the risk of coordination eliminating a potential entrant and substantially lessening concentration by creating a firm that controls products and services it's a new update for guidance for 2020 and for 2010 from horizontal mergers we're going to have both of the ftc chairs lina khan and a.j. jonathan kanter. both are going to join us at 8:30 eastern time in a very important conversation about what this all means. it should be said this is a document that's put out for comment. it's

. >>> open ai, the maker of chatgpt, is being investigated by the federal trade commission for possibleotection law. in a 20-page investigative demand the ftc is seeking records about how open ai obtains the personal data it uses in its capacity to generate false statements about real individuals. >>> and your chipotle guacamole may soon be produced autocado style. robot which looks like a refrigerator is designed to do the cutting, coring, and peeling of avocados. chipotle joins the ranks of other fast food companies seeking to cut production costs. chipotle says this automation will not eliminate jobs but be a collaborative robot. >>> that's your cbs "money watch" for this friday morning. i'm courtney kealy, cbs news, new york. >>> the world health organization has classified one of most widely used artificial sweeteners as a possible carcinogen. researchers found aspartame which is used in everything from diet soda to sugar-free gum can possibly be linked to a form of liver cancer. the agency is not changing intake guidelines because it says the research is still inconclusive and mor

athletes >>> amazon await as historic anti-trust lawsuit from the federal government as the federal trade commission finalizes the suit, we explore what this would mean for the $1.3 trillion company. >>> would you share an airbnb with ghosts? we'll tell you how to book your stay >>> today marks one year from the 2024 summer olympics hear all about the amazing athletes and what they can expect in the city of light. we have a live report from paris, right here in the u.s it's wednesday, july 26, "early today" starts right now. >> good morning, i'm jessica layton >> glad to have you with us, i'm frances rivera we begin with the severe weather roiling large parts of the world. in the united states, the weather temperature off florida has topped 100, and phoenix has logged 26 straight days with temperatures over 110. in central arizona homes are under evacuation orders because of wildfires >> and a brutal heat wave in italy. extreme weather has killed at least seven people let's go to claudio lavanga in rome what is the latest in that situation? >> reporter: good morning, jessica. in the last few days it

the federal trade commission probing the company open a.i., the maker of chatgpt, which has become thewing consumer app in history. the washington post reports that the ftc wants the san francisco-based company to answer what kind of data they use to train the language model as well as concerns over the app generating, quote, misleading or disparaging statements about real people and how the company adjusts its algorithms when the a.i. generates so-called hallucinations, an industry term for false information. the ftc investigation is the latest probe of artificial intelligence as lawmakers struggle to get ahead and regulate the sector. chuck schumer says the new legislation is still months away. >>> federal health officials have approved the first over-the-counter birth control pill. the decision means once a day pill can be sold without a prescription. bradley blackburn reports that the approval comes as some states are passing laws to restrict women's reproductive rights. >> reporter: thursday's approval by the fda applies to the drug o-pill , a birth control pill. in may, a panel o

one owner says he filed a complaint with the federal trade commission last year regarding phantom braking. he says he experienced sudden automatic braking for no apparent reason. and later received a call from an analyst in the state attorney general's office. tesla owners say the company should offer customers the option to receive a full refund autopilot features. if they're unsatisfied with the product. tesla is also being accused of having a secret team that would thwart. >> customer complaints about vehicle driving range. tesla would promote ranges of some 350 miles. but in reality, many customers were getting about half that amount. according to reuters and cnbc when customers tried to come into the dealerships to have the issue checked. they received a message saying a diagnostic that was done remotely and there's no need to come in. no response yet from tesla on these allegations. whether as we get a live look outside right now, san francisco's quite tower. >> what's better than one live? look, how about 6 of them. brittany begley is here with a look at the forecast. that is right

you take me by the e han♪ ♪i i feel betteter again♪♪ ♪♪oh i feel l better nowow♪ >>> the federal trade commissiongainst a video game mega merger, to block microsoft's nearly $70 billion bid to buy activision blizzard. the fcc argues that the deal is anti-competitive because microsoft may make some of the games exclusive on its own consoles >>> good news for your bottom line inflation is finally cooling off. wall street cheered the news with the s&p hitting the highest level in over a year julianna tatelbaum is here to break it down for us it's good news we can all celebrate. >> reporter: good morning. it certainly is. not only us as consumers, but the federal reserve will be cheering the latest data yesterday we learned inflation is in fact cooling the cpi, consumer price index came if wn weaker than expected it was up 3% from a year ago that's the lowest level we've seen since march 2021. in terms of the implications, first for the federal reserve. this is perhaps the most crucial. it could give the central bank breathing room when it comes to future rate hikes, as they see the rate hikes they'v

the federal trade commission was not involved in ervon's case. but in certain instances where you have a phone issue that stalled, you can complain to the fcc at fcc.gov. here is why that's a savvy chess move. they'll serve your company, then the fcc says your provider has 30 days to send you a response to your complaint. checkmate. you can also contact us. snap the qr code on your screen right now to fill out our consumer complaint form online. yep. check the drawers for those old phones. >> i know. >> $800 apiece. >> i think i got a couple lying around. >> i know. just sitting in their old boxes. >> i'm not sure like the old motorola ones. maybe the flip one. i hear they're coming back. >> i loved those old flip phones. thank you, chris. >>> if you're looking to experience the future, apple has something for you. apple is offering a trial version of its new ios 17 software. here is the deal. it wants feedback from you to get rid of the bugs before its public release. some of ios 17's biggest upgrades includes facetime voice mails. that's kind o

the federal trade commission said the technology company failed to inform parents about the data it wasrdware in almost a decade — apple vision pro. the long—rumoured headset combines virtual reality and augmented reality and is controlled with eyes, hands and voices. the headset allows you to watch movies, write documents in a virtual world, and even immerse yourself in your own photography. it helps with the connection that you still have with people, so you are fully immersed but you are not cut off by your reality. binance has been hit with another lawsuit by us financial regulators. the securities and exchange commission said the crypto giant ignored rules that are meant to protect investors in the us. binance said it would defend the platform vigorously. and researchers at the university of cambridge have created a robot that can prepare eight salad recipes. the robot watched 16 videos of a human making a salad, after which it was able to copy them and prepare it itself. bon appetit. just because technology can do something, doesn't mean that we should let it. the ethical issues r

it's been long-standing practice for the antitrust division and the federal trade commission to periodicallyd revisions to the guidelines to make sure they are fully up-to date and reflecting the reality of how businesses are pursuing mergers and competing in today's economy as well as the most up-to-date state of the law. >> and what is the process from here? specific to how does this actually impact the law and the way it's going to be viewed by the judges who ultimately decide whether when you bring a case the ftc is correct or when they say, as was the case in microsoft, when they say, we don't believe you. >> these guidelines reflect the law. if you look through the document you will see a lot of footnotes to appellate court decisions and supreme court decisions. we read through every litigated merger decision that resulted in a decision from the federal court of appeals and the supreme court, so this document is designed to make sure everybody is on notice about what the state of the law is and right now we put out these draft guidelines. we will be collecting public comment for 60 day