US regulators probing 5 tech companies’ acquisitions to 2010
Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies’ acquisitions of smaller firms back to 2010. The Federal Trade Commission announced the move this week, issuing orders to Facebook, Amazon, Apple, Microsoft and Google’s parent Alphabet Inc. Hundreds of takeovers of smaller companies [&[...]
US regulators probing 5 tech companies’ acquisitions to 2010
Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies’ acquisitions of smaller firms back to 2010. The Federal Trade Commission announced the move this week, issuing orders to Facebook, Amazon, Apple, Microsoft and Google’s parent Alphabet Inc. Hundreds of takeovers of smaller companies [&[...]
Judge enters $500M judgment in real estate data dispute
A federal judge in Kansas City entered a $500 million judgment against a bankrupt real estate data company, putting the finishing touches on a world-spanning, copyright-infringement suit. In 2016, CoStar Group, the country’s largest provider of commercial real estate information services, alleged that a rival company, Blue Springs-based Xceligent Inc., had engaged in “mass-copying CoStar’s [[...]
University of Phoenix agrees to $50M settlement over false ad claims
The University of Phoenix and its parent company have agreed to pay $50 million in cash and cancel $141 million in student debt to settle allegations of deceptive advertisement brought by the Federal Trade Commission. The deal, announced Tuesday, settles a dispute over an ad campaign the for-profit college unrolled in 2012 touting partnerships with […]
Are Facebook users better off after its $5 billion fine?
If you’re one of Facebook’s more than 2 billion users, are you any better off now than you were before the Federal Trade Commission imposed new privacy restrictions and a $5 billion fine on the company this week? Facebook’s settlement with the FTC after the agency’s yearlong investigation provides a detailed account of the company’s […]
Are Facebook users better off after its $5 billion fine?
If you’re one of Facebook’s more than 2 billion users, are you any better off now than you were before the Federal Trade Commission imposed new privacy restrictions and a $5 billion fine on the company this week? Facebook’s settlement with the FTC after the agency’s yearlong investigation provides a detailed account of the company’s […]
FTC fines Facebook $5B, adds limited oversight on privacy
Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business. But they are only holding CEO Mark Zuckerberg personally responsible in a limited fashion. The fine is the largest the Federal Trade Commission has levied on a tech company, though it won’t make much of a dent […]
Justice Dept. puts Big Tech under the antitrust microscope
Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. It […]
FTC fines Facebook $5B, adds limited oversight on privacy
Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business. But they are only holding CEO Mark Zuckerberg personally responsible in a limited fashion. The fine is the largest the Federal Trade Commission has levied on a tech company, though it won’t make much of a dent […]
Justice Dept. puts Big Tech under the antitrust microscope
Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. It […]
Supreme Court ruling opens drugmakers to ‘pay for delay’ suits
The U.S. Supreme Court's decision rewrites the rules governing the release of generic drugs.
FTC may be probing of Twitter policies
The U.S. Federal Trade Commission has begun contacting software makers as part of a preliminary inquiry into whether Twitter Inc.’s business practices harm competition, two people familiar with the matter said.
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