Two U.S. senators have requested that the Federal Trade Commission (FTC) investigate Spotify due to allegations that the company bundled its music streaming and audiobook services into a more expensive subscription without obtaining user consent, while also reducing royalty payments to creators in the process.
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The Federal Trade Commission could reportedly bar advertising giants Omnicom and Interpublic from suppressing ads to websites over their political views as a condition for approving their pending merger.
Delivery robots that will “spring out” of vans, a $10B AI data center in North Carolina, and surely more in the coming weeks. What you've read is just a sampling of the stories that found their way into news about Amazon recently.
Meta's fate is up in the air after Mark Zuckerberg's dirty laundry was aired out in a seven-week antitrust trial brought by the Federal Trade Commission – though some experts warn that the social media giant could wriggle out of the breakup sought by regulators.
OMI is undervalued, with catalysts including FTC approval for the Rotech acquisition and a potential segment sale that could boost cash and reduce net debt. The company's share buybacks at $8.66 and recent acquisitions signal insider confidence, while OMI trades far below peer multiples and intrinsic value estimates. Strong free cash flow generation, successful debt refinancing, and a history of operational stability support my bullish outlook and DCF-based $10–$11 price target.
Mark Zuckerberg's Meta knew Instagram was steering underage users toward online creeps and other harmful content – even as it shot down requests by cofounder Kevin Systrom and others to commit more resources for safety, according to bombshell documents that surfaced at the FTC's antitrust trial.
Three years after suing to block Microsoft from buying one of the biggest names in video games, the U.S. government is finally giving up.
The lawsuit, filed in the waning days of the Biden administration, alleged that PepsiCo was giving unfair price advantages to Walmart at the expense of other vendors and consumers.
Meta has asked a federal judge to throw out the FTC's landmark antitrust case – in the middle of the trial that could result in the Big Tech giant's breakup.
Facebook parent company Meta Platforms asked a Washington judge on Thursday to throw out the U.S. 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 over the company's acquisitions of Instagram and WhatsApp.
An executive at Mark Zuckerberg's Meta once cited estimates that as much as 40% of all engagement on Instagram was fake, according to little-noticed documents that surfaced this week from the FTC's landmark trial to break up the social media giant.