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Newsom Vetoes AI Safety Bill

Bowing again to industry pressure, California Governor Gavin Newsom has vetoed an AI safety bill that passed the state legislature in August. The bill would have required disclosure of safety protocols and the development of “kill switches” for large AI models. This comes days after the Department of Justice revised its corporate compliance guidelines to advise companies to consider risks associated with AI.

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FTC Focuses on AI-Generated Fake Reviews

October 1, 2024

The FTC’s final rule on fake reviews, which comes into effect in October, not only strengthens the existing ban on fake reviews but also targets the use of generative AI to create fake reviews at scale. The application of the rule is broad, covering owned websites, independent review sites, social media platforms and ads. Meanwhile, Google Maps is threatening to label businesses that persistently post fake reviews.

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Zeta Global to Buy LiveIntent for $250 Million

October 9, 2024

CDP and marketing cloud vendor Zeta Global announced an agreement to purchase LiveIntent, which helps companies do email-based advertising.  The deal will let Zeta expand its identity graph, enter the publisher monetization business, and accelerate its mobile and retail media products.  Zeta will pay $77.5 million in cash and $172.5 million in common stock, with potential for additional payments based on performance.

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