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Friday Apr 26, 2024

Federal Trade Commission

Amazon’s $1.7B iRobot purchase faces UK antitrust

Apr 6, 2023
British antitrust regulators have started investigating Amazon’s purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal.

Twitter: Some source code leaked online

Mar 27, 2023
Some parts of Twitter’s source code — the fundamental computer code on which the social network runs — were leaked online, the social media company said in a legal filing on Sunday that was first reported by The New York Times.

Elon Musk must close Twitter deal by Friday or face trial

Oct 26, 2022
Meanwhile, Tesla CEO Elon Musk is being investigated by the US federal authorities in connection with his USD 44 billion Twitter buyout deal

Whistleblower accuses Twitter of cybersecurity negligence

Aug 24, 2022
Twitter’s former head of security alleged that the company misled regulators about its poor cybersecurity defenses and its negligence in attempting to root out fake accounts that spread disinformation.

Biden elevates energetic critic of Big Tech as top regulator

Jun 16, 2021
The selection of legal scholar Lina Khan to head the Federal Trade Commission is seen as signaling a tough stance toward tech giants

Facebook moves to dismiss federal, state antitrust suits

Mar 11, 2021
Facebook has asked a court to dismiss state and federal antitrust lawsuits that accuse it of abusing its market power in social networking to crush smaller competitors.
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