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Washington: Dozens of states led by New York asked a US federal appeals court on Friday to reinstate an antitrust lawsuit filed against Facebook. “Facebook is a monopolist that has exploited its immense market power to crush competition. Through an ongoing course of conduct to ‘buy or bury’ nascent competitors, Facebook has maintained a monopoly […]

The filing alleges that Facebook COO Sheryl Sandberg helped negotiate the agreement and urged CEO Mark Zuckerberg’s approval, calling it “a big deal strategically.” | Andrew Harnik/AP Photo WASHINGTON — Facebook CEO Mark Zuckerberg and Google chief executive Sundar Pichai personally approved a secret deal that gave the social network a leg up in the […]

The US competition watchdog can proceed with a breakup lawsuit against Facebook’s owner, a federal judge has ruled. Mark Zuckerberg’s Meta, the parent of Facebook, Instagram and WhatsApp, had asked a court to dismiss an antitrust complaint brought by the Federal Trade Commission (FTC) for the second time. However, Judge James Boasberg said on Tuesday […]

Facebook’s parent company Meta has faced mounting accusations of failing to protect its moderators and the public from online abuse, leading to pressure for legislation worldwide to address the company’s failure to act on concerns. Originally brought to the fore in 2018, the momentum around the struggles faced by moderators picked up pace in 2021 […]

Nov 26 (Reuters) – The Australian Securities and Investments Fee (ASIC) on Friday mentioned it commenced authorized proceedings in opposition to Australia and New Zealand Banking Group (ANZ.AX) for house lone referrals beneath its ‘introducer program’. The regulator added that between June 2016 and March 2018, ANZ breached shopper safety credit score legal guidelines by […]

A US appeals courtroom mentioned Fb can pursue a lawsuit accusing Israel’s NSO Group of exploiting a bug in its WhatsApp messaging app to put in malware permitting the surveillance of 1,400 folks, together with journalists, human rights activists and dissidents. In a 3-Zero determination on Monday, the ninth US Circuit Courtroom of Appeals in […]