FTC

More than a decade after Snap Inc. (NYSE:SNAP) turned down a multibillion-dollar buyout from Facebook, the failed deal is back in the spotlight as Mark Zuckerberg testifies in Meta Platforms Inc.'s (NASDAQ:META) high-stakes antitrust trial. What Happened: On Tuesday, during his second day on the...

In a high-stakes antitrust trial that began Monday in Washington, D.C., the Federal Trade Commission called on Meta Platform, Inc. (NASDAQ:META) to divest Instagram and WhatsApp, alleging these deals formed part of an illegal “buy or bury” strategy to monopolize social networking.  The...

On Monday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg testified in a Washington, D.C., courtroom. What Happened: The Federal Trade Commission (FTC) and Meta opened arguments in a trial that could lead to the forced divestiture of Instagram and WhatsApp, reported CBS News. "There's...

Social media giant Meta Platforms (NASDAQ:META) could be forced to spinoff or divest Instagram and WhatsApp as the result of a pending trial with the Federal Trade Commission. What Happened: Lina Khan, who stepped down as FTC Chair in January 2025, is speaking out as Meta's antitrust trial begins...

The Federal Trade Commission on Wednesday requested a delay in its trial against Amazon.com, Inc. (NASDAQ:AMZN), citing resource constraints due to recent cuts by the Department of Government Efficiency. Later in the day, the FTC reversed its stance and said it would meet the schedule set by the...

Questions about tariffs, electric vehicles and the new White House administration could dominate General Motors Co (NYSE:GM) fourth-quarter financial results Tuesday before market open. Here's a look at the analyst estimates and key items to watch. Earnings Estimates: Analysts expect General Motors...

Food delivery platform Grubhub must pay $25 million and make substantial operational changes following a settlement with the Federal Trade Commission and Illinois Attorney General Kwame Raoul over allegations of deceptive business practices, officials announced Tuesday. What Happened: The...

Video platform company Rumble Inc (NASDAQ:RUM) could have reasons to smile with several announced picks of the new White House administration. What Happened: Rumble filed several lawsuits against Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) unit Google over the years, alleging favoritism for YouTube in...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has reportedly requested the U.S. Federal Trade Commission to dismantle Microsoft Corporation’s (NASDAQ:MSFT) exclusive agreement to host OpenAI’s technology on its cloud servers What Happened: This request came after the FTC inquired...

Microsoft Corp. (NASDAQ:MSFT) is confronting a federal investigation that could reshape the technology industry’s competitive landscape, with regulators examining the company’s potentially anticompetitive practices in cloud computing and artificial intelligence markets. What Happened:...

Uber Technologies Inc (NYSE:UBER) has turned profits as of late, helped in part by its “Uber One” subscription. However, the Federal Trade Commission (FTC) is reportedly investigating the company over an alleged breach of consumer protection laws. What Happened: The FTC opened the...

A win for Donald Trump or Kamala Harris could have implications for many sectors, including technology and electric vehicles, making the outcome of the 2024 presidential election important for investors. A group of Wedbush analysts outlines the implications for the technology sector in light of...

The Federal Trade Commission has enforced a new rule that prohibits the sale or purchase of fake reviews, in a move to maintain the integrity of online reviews and testimonials. The rule, which took effect on Monday, will enable the FTC to impose civil penalties on those who knowingly breach it....

The Federal Trade Commission (FTC) finalized a rule Wednesday aimed at simplifying subscription cancellations.  The Details: The new rule is called "click-to-cancel." It aims to protect consumers from businesses that make it difficult, or even impossible, to cancel subscriptions.  "Too often,...

U.S. Representative Alexandria Ocasio-Cortez (D-N.Y.) has staunchly defended Federal Trade Commission Chair Lina Khan, amidst calls for her removal. What Happened: On Wednesday, Ocasio-Cortez responded to a post from Semafor domestic policy & politics reporter Joseph-Zeballos-Roig suggesting...