Judge dismisses government antitrust lawsuits against Facebook
U.S. District Judge James Boasberg ruled Monday that the lawsuits were “legally insufficient” and didn’t provide enough evidence to prove that Facebook was a monopoly.
U.S. District Judge James Boasberg ruled Monday that the lawsuits were “legally insufficient” and didn’t provide enough evidence to prove that Facebook was a monopoly.
The ambitious legislation could curb the market power of tech giants Facebook, Google, Amazon and Apple and force them to sever their dominant platforms from their other lines of business.
The selection of legal scholar Lina Khan, 32, to head the Federal Trade Commission is seen as signaling a tough stance toward tech giants Facebook, Google, Amazon and Apple.
Discussion and debate at Friday’s IBJ Tech Power Panel event focused largely on how companies can do a better job recruiting and hiring diverse employees, as well as the ability of diverse entrepreneurs to raise venture and growth capital from a cadre of investors who largely remain white and male.
The measure aims to give publishers better leverage with the tech companies, while only allowing coordination that benefits the news industry as a whole, amid a long-running decline in local news.
Two longtime friends in the restaurant business are teaming to create a concept in the former Krueger’s Tavern space featuring cuisine and décor designed to catch an Instagrammer’s eye.
High-profile local chef Jonathan Brooks, who is Jewish, said the Instagram post that prompted a social media backlash was meant as a joke. But local leaders of the Jewish community say referring to the anti-semitic trope of blood libel is potentially dangerous and never proper.
GOP politicians in roughly two dozen states have introduced bills that would allow for civil lawsuits against platforms for what they call the “censorship” of posts.
The subscriptions will allow Twitter to tap into a broader range of revenue sources in a world where online advertising is dominated by a Facebook-Google duopoly.
Separately, the Biden administration has “indefinitely” shelved a proposed U.S. takeover of TikTok, according to a Wall Street Journal report.
Kweku Larbi of Indianapolis and his business partner, social-media influencer Ross Smith, went on the show to pitch their company Brumachen, a portable coffee-maker that uses biodegradable coffee pods. The episode airs tonight.
Amazon denied its move to pull the plug on Parler had anything to do with political animus. It claimed that Parler had breached its business agreement “by hosting content advocating violence and failing to timely take that content down.”
Online supporters of President Donald Trump are scattering to smaller social media platforms, fleeing what they say is unfair treatment by Facebook, Twitter and other big tech firms looking to squelch what they label misinformation and threats of violence.
Extreme measures such as banning Trump highlight the extraordinary power that Twitter and other Big Tech companies can wield without accountability or recourse, Twitter CEO Jack Dorsey wrote.
Twitter had been President Trump’s primary megaphone, the tool he tapped to push his policies, disperse falsehoods, savage his critics and speak to more than 88 million users almost every day.
In an unprecedented step, Facebook and Twitter suspended President Donald Trump from posting to their platforms Wednesday following the storming of the U.S. Capitol by his supporters.
The Federal Trade Commission is ordering Facebook, Twitter, Amazon, TikTok’s parent and five other social media companies to provide detailed information on how they collect and use consumers’ personal data and how their practices affect children and teens.
The problem affected users across the world, but appeared especially widespread in the northeastern United States, Britain and other parts of Europe.
The lawsuits together represent the most significant political and legal threats to Facebook in its more than 16-year history, setting up a high-profile clash between U.S. regulators and one of Silicon Valley’s most profitable firms that could take years to resolve.
Federal regulators on Wednesday sued to force a breakup of Facebook as 48 states and districts accused the company in a separate lawsuit of abusing its market power in social networking to crush smaller competitors.