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EU warns Meta over blocking rival AI chatbots on WhatsApp
Valve's Steam Machine: Everything we know MetaAI is essentially the only AI assistant now available on WhatsApp. The EU could take interim measures against WhatsApp as it investigates AI providers' access to the app. On Monday, the EU's regulatory arm announced its preliminary view that Meta, WhatsApp's parent company, violated antitrust laws by blocking third-party AI assistants from operating on WhatsApp. The European Commission's is concerned that Meta's actions will limit competitors from entering the AI assistant market. We must protect effective competition in this vibrant field, which means we cannot allow dominant tech companies to illegally leverage their dominance to give themselves an unfair advantage, Teresa Ribera, executive vice-president for Clean, Just and Competitive Transition said in a statement. Ribera continued: AI markets are developing at rapid pace, so we also need to be swift in our action.
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Instacart settles Federal Trade Commission's claim it deceived US shoppers
Instacart settles Federal Trade Commission's claim it deceived US shoppers Instacart has agreed to pay $60m in refunds to settle allegations brought by the United States Federal Trade Commission (FTC) that the online grocery delivery platform deceived consumers about its membership programme and free delivery offers. According to court documents filed in San Francisco on Thursday, Instacart's offer of "free delivery" for first orders was illusory because shoppers were charged other fees, the FTC alleged. "The FTC is focused on monitoring online delivery services to ensure that competitors are transparently competing on price and delivery terms," said Christopher Mufarrige, who leads the FTC's consumer protection work. An Instacart spokesperson said the company flatly denies any allegations of wrongdoing, but that the settlement allows the company to focus on shoppers and retailers. "We provide straightforward marketing, transparent pricing and fees, clear terms, easy cancellation, and generous refund policies -- all in full compliance with the law and exceeding industry norms," the spokesperson said.
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The Morning After: Roomba maker iRobot files for bankruptcy
After Amazon's acquisition fell apart, it ran out of options. It plans to sell all assets to its primary supplier, the Chinese company Picea Robotics. Investors "will experience a total loss and not receive recovery on their investment" if the deal is approved, iRobot said. The company didn't discuss how the move might affect its employees in the US or elsewhere. Amazon dropped its $1.7 billion acquisition of the company last year after a veto threat from European regulators, leaving the Roomba maker with no other option.
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Roomba vacuum cleaner firm files for bankruptcy
The US firm behind the Roomba smart vacuum cleaner, iRobot, has filed for bankruptcy protection after facing competition from Chinese rivals and being hit by tariffs. Under the so-called pre-packaged Chapter 11 process, the main manufacturer of its devices, Shenzhen-based Picea Robotics, will take ownership of the firm. The tough commercial landscape had forced iRobot to cut its prices and make major investments in new technology, according to documents filed on Sunday. US import duties of 46% on goods from Vietnam, where most of iRobot's devices for the American market are made, increased its costs by $23m (£17.2m) this year, the firm said. The loss-making company was valued at $3.56bn in 2021 after the pandemic helped to drive strong demand for its products.
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ARCADIA: Scalable Causal Discovery for Corporate Bankruptcy Analysis Using Agentic AI
Maturo, Fabrizio, Riccio, Donato, Mazzitelli, Andrea, Bifulco, Giuseppe, Paolone, Francesco, Brezeanu, Iulia
Iteration 1 uses a broad, data-driven prior; subsequent iterations exploit memory to execute focused, theory-driven repairs, steadily converging on a causally defensible graph. This iterative loop is made explicit in Algorithm 1, while the statistics used during Evaluate are summarised in Table 2 and computed procedurally in Algorithm 2. 3.1. Causal Assumptions Every proposed DAG must explicitly address the four core assumptions required for causal identification. First, regarding unobserved confounding, the agent must state which latent factors remain and how observed variables serve as proxies for these unobserved influences. Second, the positivity assumption requires that the agent argue no sub-population is locked into or out of the treatment, often demonstrated by reporting overlap in the propensity-score distribution across treatment groups.
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