Mark was suggesting that the social network should be spun off
Facebook Co-founder and CEO Mark Zuckerberg took the stand in US Federal Trade Commission’s (FTC) antitrust case against Meta on Tuesday. Zuckerberg said that Meta’s market share of social media is around 30%. The FTC has alleged that Meta had illegally monopolized a subset of the social media market through its acquisitions of Instagram and WhatsApp, both of which the agency is seeking to unwind.
John Deere is facing a lawsuit by the U.S
American farm equipment maker John Deere has said the Federal Trade Commission (FTC) is not going to settle until it makes its software available for repair of its equipment. “Farmers should not give up on the FTC but they should do so in a timely way,” it added. This comes ahead of the FTC’s lawsuit against Deere, accusing it of unfair repair restrictions.
The two major kids online safety bills will be brought to the floor by Schumer
US Senator Charles Schumer has announced that he will introduce a bill in the US Congress to protect children from the “harm” of social media and other online platforms. The bill, ‘KOSA’, seeks to limit the liability of technology companies for harmful content on their platforms. It would give the Federal Trade Commission and potentially state attorneys general the power to restrict protected online speech.
The FTC proposes new rules to curb data monetization by children
US Federal Trade Commission (FTC) has proposed changes to the Children’s Online Privacy and Security Act (COPPA) to bring it into conformity with the latest technology. The new regulations will make it easier for tech companies to collect data of children under the age of 13 and share it with their parents. The FTC has also asked Congress to approve COPPA.
FTC Chair Lina Khan’s lawsuit has nothing to do with breaking up Amazon
US’ Federal Trade Commission (FTC) filed a lawsuit against Amazon on Tuesday over its alleged anti-competitive practices, accusing it of using unfair and illegal tactics to retain its dominance. The FTC was run by Lina Khan, who has argued for the break-up of Amazon. “You can basically disappear from Amazon’s storefront if you put a lower price somewhere else,” Khan said.
The US is taking onAmazon in a case that could have a serious effect on the company
The US’ Federal Trade Commission (FTC) has filed a lawsuit against Amazon over the company’s alleged conduct in the domestic marketplace. The FTC had filed a lawsuit against Amazon in December 2015 alleging that it illegally gathered information from its Ring doorbell service. The FTC is also looking at Amazon’s activities in the e-commerce space and other areas.
A case against Amazon could be a huge blow to the retail giant
US’ Federal Trade Commission (FTC) Chairman Lina Khan has said Amazon is a monopolist and it’s exploiting its monopolies in ways that leave shoppers and sellers paying more for worse service. Earlier this year, Amazon agreed to pay $5.8 million to settle an FTC lawsuit that accused Ring workers and hackers of illegally spying on customers.
Read the email where Microsoft is reacting to the PS5 reveal
Microsoft has released unredacted details of its next-gen console plans in a lawsuit filed against the company by the US Federal Trade Commission (FTC). The documents revealed Microsoft plans to subsidize the Xbox Series X and S consoles in 2021 to hit its price targets of $499 and $299, respectively. The documents also revealed that Microsoft’s next console will use the cloud.