2025-05-09
The Morning After: What we learned from the FTC v. Meta antitrust trial (so far)
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 [...]
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2025-04-15
Mark Zuckerberg predicted Meta's antitrust trial in a 2018 email
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 [...]
2025-05-16
Meta is trying to get its antitrust case thrown out in the middle of the trial
The FTC just rested its case following weeks of testimony in a landmark antitrust case against Meta. But before Meta can begin its defense, the company's lawyers have opted for another move: aski [...]
2025-07-17
Mark Zuckerberg and other Meta bigwigs just agreed to a settlement in $8 billion suit
Meta CEO Mark Zuckerberg, along with a group of current and former company directors and officers, just agreed to settle to end a trial that sought $8 billion in damages, according to a report by Reut [...]
2025-04-21
FTC sues Uber over claims the company makes subscriptions hard to cancel
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 [...]
2025-07-18
Trump's firing of Democratic FTC commissioner was unlawful, judge rules
Rebecca Kelly Slaughter, one of the Democratic FTC Commissioners President Trump had fired back in March, said she looks forward to getting back to work. US District Judge Loren AliKhan has just ruled [...]
2025-06-20
Meta and Oakley announce new 'perfomance AI' smart glasses for athletes
Meta is expanding beyond its popular Ray-Ban Meta Smart Glasses with a new lineup of frames created in collaboration with Oakley. The Oakley Meta HSTN (pronounced HOW-stuhn, apparently) will be availa [...]