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.

In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an AI-powered chatbot is harmful to users.

Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company ...

Snap, the owners of social media app Snapchat, has been referred to the Department of Justice because of allegedly causing "risks and harms" to young users ...

In an unusual move, the Federal Trade Commission has released a statement announcing that it has referred a complaint against ...

Despite these legal challenges, Snap's stock performance has remained a point of interest for investors. The company's shares reached a high of $11.19 on the New York Stock Exchange, indicating ...

The U.S. Federal Trade Commission (FTC) announced it has referred a complaint against Snap Inc. (NYSE: SNAP) to the ...

Snap Inc. (NYSE:SNAP) saw its share prices decline by 12.9 percent week-on-week to $10.86 last Friday versus the $12.47 the ...

Snap shares are trading lower on Friday despite the United States Supreme Court upholding the TikTok ban-or-sale law.