State AGs appeal dismissal of their antitrust suit against Facebook

New York State Lawyer Common Letitia James speaks throughout a “Defend Democracy” rally, going down on the primary anniversary of the January 6, 2021 assault on the U.S. Capitol, in Brooklyn, New York, U.S., January 6, 2022. Brendan McDermid | Reuters A coalition of attorneys basic from almost 50 states and territories appealed a judge’s … Read more

Google, Facebook CEOs oversaw illegal ad auction deal that gave Facebook an advantage, states allege

Fb Chairman and CEO Mark Zuckerberg (L) and Google CEO, Sundar Pichai. REUTERS Chief executives of Google and Facebook personally oversaw an unlawful 2018 deal that advantaged Fb on Google’s advert auctions, a bunch of state attorneys normal led by Texas allege in an amended antitrust criticism in opposition to Google on Friday. Fb, lately … Read more

Federal investigators say they used encrypted Signal messages to charge Oath Keepers leader

The Sign Messenger app is displayed on a smartphone in Hong Kong, China. Roy Liu | Bloomberg | Getty Pictures Federal investigators say they accessed encrypted Sign messages despatched earlier than the Jan. 6, 2021, riot on the U.S. Capitol, and used them as proof to cost the chief of Oath Keepers, an extremist far-right … Read more

January 6 committee subpoenas Google, Facebook, Twitter and Reddit in probe of Capitol attack

The logos of Fb and Google apps displayed on a pill. Denis Charlet | AFP through Getty Photographs The Home choose committee investigating the lethal Capitol riot has subpoenaed social media giants Twitter, Reddit and the mother or father corporations of Facebook and Google, the panel’s chairman stated Thursday. The bipartisan committee had asked for … Read more

Investors are paying millions for virtual land in the metaverse

It is no secret the true property market is skyrocketing, however the Covid pandemic is creating one other little-known land rush. Certainly, some traders are paying thousands and thousands for plots of land — not in New York or Beverly Hills. In actual fact, the plots don’t bodily exist right here on Earth. Quite, the … Read more

Facebook drops 36 spots on Glassdoor’s annual Best Places to Work list after a year of PR crises

Fb workers unveil a brand new emblem and the title ‘Meta’ on the register entrance of Fb headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Photographs Facebook parent Meta Platforms dropped 36 spots on Glassdoor’s annual ranking of the best places to work within the U.S., falling from No. 11 … Read more

Judge grants FTC second chance to challenge Facebook on antitrust grounds

FTC Commissioner nominee Lina M. Khan testifies throughout a Senate Committee on Commerce, Science, and Transportation affirmation listening to on Capitol Hill in Washington, DC, April 21, 2021. Graeme Jennings | AFP | Getty Photos A decide granted the Federal Commerce Fee a second probability to pursue its fees of unlawful monopolization in opposition to … Read more

Zynga founder Pincus cashes in on acquisition after 15 years navigating boom-bust cycle

Mark Pincus, chief govt officer of Zynga Inc., speaks throughout an occasion at Zynga Inc. headquarters in San Francisco, California, U.S. David Paul Morris | Bloomberg | Getty Photographs Within the 15 years since he began Zynga as a poker sport for Fb, Mark Pincus twice gave up the CEO position whereas guiding his gaming … Read more

Big Tech stocks will benefit from metaverse and crypto but Apple least likely to grow, analyst says

Giant U.S. tech shares will shrug off inflation and carry on rising this yr due to a number of rising applied sciences, based on Cyrus Mewawalla, head of thematic analysis at knowledge analytics and consultancy agency GlobalData. Tech corporations will profit from the metaverse, Net 3.0, cryptocurrencies and quantum computing in the event that they … Read more

Goldman-backed digital bank Starling boycotts Meta over scam ads

The Fb and Instagram logos displayed on a smartphone with the Meta Platforms emblem pictured within the background. Igor Golovniov | SOPA Photographs | LightRocket | Getty Photographs LONDON — British digital financial institution Starling says it’s boycotting Facebook dad or mum firm Meta over its failure to sort out fraudulent monetary adverts. Anne Boden, … Read more

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