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Digest: Meta’s FTC Antitrust Trial Draws to a Close; YouTube Tops TV Viewing; Temu-owner PDD Holdings Sees Income Drop
In today’s Digest, we look at Meta’s FTC antitrust trial drawing to a close, PDD Holdings’ income dropping amid price wars and tariffs, and YouTube topping TV viewing among media companies for the ...
Independent.ie on MSN5h
Meta and Federal Trade Commission await judge’s ruling over monopoly claims
Meta Platforms has done all it can in court to fight US Federal Trade Commission (FTC) claims that it is a monopoly. Now it’s up to a federal judge to decide whether the company should be broken up.
US FTC will require Synopsys, Ansys to divest certain assets to resolve merger concerns
The U.S. Federal Trade Commission said on Wednesday it will require two software companies —Synopsys and Ansys — to divest ...
Meta’s fate in FTC antitrust trial in limbo as judge weighs possible breakup
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 ...
Threat of Meta breakup looms as FTC’s monopoly trial ends
After weeks of arguments in the Federal Trade Commission's monopoly trial, Meta is done defending its decade-plus-old acquisitions of Instagram and WhatsApp—at least for now.
Meta’s Future Lies With Judge as FTC Antitrust Trial Ends
That process could still take years to play out. If Meta wins outright, the FTC is expected to quickly appeal. But Boasberg's ruling will only address whether the company violated the law. If he sides ...