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 sought […]
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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. In […]
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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 investigation […]
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Antitrust experts say the deal is expected to draw a tough review from the US Federal Trade Commission led by Chair Lina Khan, a critic of the e-commerce platform’s market dominance. The agency will also review Amazon’s $3.49 billion deal last month to buy 1Life Healthcare, the parent of One Medical. The FTC didn’t challenge […]
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Prosecutors said a former security chief arranged to pay the hackers $100,000 in Bitcoin to cover up the incident Prosecutors said a former security chief arranged to pay the hackers $100,000 in Bitcoin to cover up the incident Uber Technologies Inc on Friday accepted responsibility for covering up a 2016 data breach that affected 57 […]
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