On Friday the FTC stepped back for statements made earlier in the week that it might investigate television actor Ashton Kutcher for potential violation of the FTC’s Guides Concerning the use of Endorsements and Testimonials in Advertising. Last week, an issue of Details magazine that was guest edited by Kutcher profiled more than a dozen technology companies in which Kutcher is an investor. Kutcher drew criticism for not fully disclosing his interests in the companies profiled.

Click here to read coverage of the story in the New York Times’ Bits Blog.