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What will be the impact of the FTC settlement on NGL Labs' revenue by the end of Q1 2025?
2
Resolution / Starting Odds
Revenue increases • 25%
Revenue decreases by less than 10% • 25%
Revenue decreases by 10-25% • 25%
Revenue decreases by more than 25% • 25%
NGL Labs' financial reports or credible news sources
Story
FTC Bans NGL from Offering Anonymous Messaging Apps to Minors in $5 Million Settlement
Jul 9, 2024, 02:41 PM
The Federal Trade Commission (FTC) has issued an order banning NGL Labs and its founders from offering anonymous messaging apps to users under 18. This decision marks the first time federal regulators have prohibited a digital platform from serving minors. The FTC accused NGL of exaggerating its ability to use artificial intelligence to curb cyberbullying. As part of the groundbreaking settlement, NGL agreed to pay $5 million and cease marketing to children and teenagers.
View original story
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User base increases • 25%
User base decreases • 25%
User base remains stable • 25%
User base fluctuates significantly • 25%
Mostly Positive • 25%
Mostly Negative • 25%
Mixed • 25%
Indifferent • 25%
Appeal the FTC decision • 25%
Rebrand and launch new app • 25%
Shut down operations • 25%
Comply without further action • 25%
Increase • 25%
Decrease • 25%
No change • 25%
Not disclosed • 25%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
No significant change • 25%
Other • 25%
Revenue increases • 25%
Revenue decreases • 25%
Revenue remains the same • 25%
Data not disclosed • 25%
Revenue decreases by over 5% • 25%
Revenue decreases by 2-5% • 25%
Revenue decreases by less than 2% • 25%
Revenue remains stable or increases • 25%
Significant Decrease • 25%
Moderate Decrease • 25%
No Change • 25%
Increase • 25%
Decrease over 5% • 25%
Decrease 1-5% • 25%
No significant change • 25%
Increase • 25%
NVIDIA changes financial reporting practices • 25%
No change in reporting practices • 25%
Enhanced disclosure of crypto-related sales • 25%
Other outcome • 25%
Increase • 25%
Decrease • 25%
No significant change • 25%
Uncertain/Other • 25%