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In this photo illustration, the US Federal Trade Comission logo is displayed on a smartphone with stock market percentages in the background.

SOPA Images via Reuters

Hard Numbers: Exaggerated claims, Cash grab, Microsoft’s building plans, Chip stocks soar

1 million: Software company accessiBe has been charged $1 million by the Federal Trade Commission to settle charges that it lied about its AI tool being able to make websites accessible for people with disabilities. “Overstating a product’s AI or other capabilities without adequate evidence is deceptive,” said FTC consumer protection chief Samuel Levine.

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