Disney to pay $10 million fine after FTC says it allowed data collection on kids

[ad_1] According to the complaint, Disney failed to properly label some videos that it uploaded to YouTube as “Made for Kids.” File | Photo Credit: Reuters The Walt Disney Co. will pay a $10 million fine to settle a Federal Trade Commission lawsuit alleging it allowed personal data to be collected on kids under 13, […]

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Meta asks judge to rule that FTC failed to prove its monopoly case

[ad_1] Facebook parent company Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission’s case accusing it of an illegal social media monopoly, saying the agency failed to prove its case at a high-stakes antitrust trial. At the trial, which began on April 14 in Washington, the FTC has […]

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Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

[ad_1] A historic antitrust trial began Monday for Meta Platforms Inc. in a case that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses. The trial is bringing Meta CEO Mark Zuckerberg into federal court in Washington to testify. […]

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Amazon claims FTC probe hounding Jeff Bezos, Andy Jassy

[ad_1] Amazon has complained to federal regulators that they’re hounding company founder Jeff Bezos and senior executives Amazon has complained to federal regulators that they’re hounding company founder Jeff Bezos and senior executives Amazon has complained to federal regulators that they are hounding company founder Jeff Bezos and senior executives, making “impossible-to-satisfy demands” in their […]

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Meta Platforms agrees to delay closing Within deal given U.S. challenge

[ad_1] Meta agreed not to close until 11:59 p.m. on Dec. 31 or until the first business day after the judge decides whether the case may go forward Meta agreed not to close until 11:59 p.m. on Dec. 31 or until the first business day after the judge decides whether the case may go forward […]

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U.K.’s competition regulator launches inquiry into Microsoft’s $68.7 billion Activision deal

[ad_1] The antitrust authority has set September 1 as the current deadline to announce its ‘Phase 1’ decision The antitrust authority has set September 1 as the current deadline to announce its ‘Phase 1’ decision The U.K.’s competition regulator said on Wednesday it is investigating Microsoft’s $68.7 billion proposed acquisition of ‘Call of Duty’ maker […]

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