2025-05-09
Years after the Federal Trade Commission sued Meta in a bid to halt acquisitions of Instagram and WhatsApp, the trial that will shape its future is finally underway. The trial kicked off last month when CEO Mark Zuckerberg took the stand, and it’s expected to last several weeks.
Facebook’s 2012 acquisition of Instagram is a central part of the FTC’s case against Meta. The government says Zuckerberg bought Instagram to neutralize it as a competitor. When Instagram’s cofounder and former CEO Kevin Systrom took the stand, he didn’t exactly defend the move. While Zuckerberg had testified Meta had helped Instagram grow, Systrom testi [...]
2025-04-15
In 2018, Mark Zuckerberg floated the idea of spinning out Instagram, one of the remedies the Federal Trade Commission (FTC) will likely seek in Meta's antitrust trial that began this week. CNBC r [...]
2025-04-21
The Federal Trade Commission has decided to take formal action against ride-hailing service Uber over what it describes as "deceptive billing and cancellation practices." The FTC's laws [...]
2025-01-07
Meta CEO Mark Zuckerberg announced a big shift in the company's approach to moderation and speech. Meta will be suspending its fact-checking program and will move to an X-style Community Notes mo [...]
2025-01-15
The Federal Trade Commission (FTC) has filed a suit against John Deere, accusing it of “unfair” practices that force farmers to pay higher-than-average repair costs. The federal organization, alon [...]
2024-12-31
There’s no longer any question that Threads and Bluesky have created the most viable alternatives to the platform once known as Twitter. But while the two services may share some of the same goals, [...]