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Data Sheet: Microsoft's November surprise

Nov 29, 2024 - fortune.com
The Federal Trade Commission (FTC) has found that 89% of the 184 smart products it surveyed did not disclose how long they would be supported with updates. The FTC has also opened a broad antitrust investigation into Microsoft's cloud computing and software licensing practices. Meanwhile, SoftBank is reportedly seeking to buy more shares in OpenAI, with a tender offer for employee shares potentially reaching around $1.5 billion.

In other news, Elon Musk's X has filed an objection to the sale of Alex Jones’s conspiracy site InfoWars to The Onion, citing ownership rights. Bluesky, a rival to X, has come under scrutiny for a loophole that allows developers to monitor all activity on the platform, leading to concerns about data privacy. Finally, Grok, an AI chatbot created by Musk's xAI, is set to release a consumer-facing app in December to compete with rival AI chatbots.

Key takeaways:

  • The Federal Trade Commission has found that 89% of the 184 smart products it surveyed didn't disclose how long they would be supported with updates.
  • FTC Chair Lina Khan has opened a broad antitrust investigation into Microsoft's cloud computing and software licensing practices.
  • SoftBank is reportedly buying more OpenAI, with a tender offer for employee shares that could run to around $1.5 billion.
  • Elon Musk's X has filed an objection to the sale of InfoWars to The Onion, claiming it would violate its ownership rights over user accounts.
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