"In a letter, the senators called for enforcement actions that could include penalties, profit disgorgement, and a ban on such advertising. The push follows a Reuters report citing internal Meta documents in which the company projected it would earn about USD$16bn (£12.16bn), or roughly 10% of its 2024 revenue, from illicit ads. This included USD$3.5bn (£2.67bn) every six months from high-risk scam promotions."
"OpenAI has introduced a new shopping research feature in ChatGPT, aimed at helping users make smarter purchase decisions through conversation-based recommendations. Rolling out on mobile and web for all tiers, the tool offers nearly unlimited access during the holiday season and generates personalised buyer's guides based on user queries and preferences. Built on a specialised GPT-5 mini model trained for shopping tasks, the tool compiles real-time information on prices, reviews, and specifications while maintaining transparency and user privacy."
U.S. Senators Josh Hawley and Richard Blumenthal urged the Federal Trade Commission and Securities and Exchange Commission to investigate Meta for allegedly profiting from ads promoting scams and prohibited goods. The senators requested enforcement actions including penalties, profit disgorgement, and bans on such advertising. Internal Meta documents cited by Reuters projected roughly USD$16bn in revenue from illicit ads in 2024, including USD$3.5bn every six months from high-risk scam promotions. OpenAI launched a ChatGPT shopping research feature that produces personalized buyer's guides using a GPT-5 mini model and compiles real-time prices, reviews, and specifications. Alibaba exceeded revenue forecasts driven by instant retail initiatives and AI adoption.
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