Tag: Facebook
US: Big Tech antitrust scrutiny extends to Facebook and Apple
The federal government is stepping up its scrutiny of the world’s biggest tech companies, leaving them vulnerable to new rules and federal lawsuits. Regulators...
US: FTC gets authority for possible Facebook investigation
The Federal Trade Commission will be in charge of any antitrust investigations into Facebook, according to a new report in the Wall Street Journal...
US: Facebook’s digital token being discussed with regulator
Facebook appears to be moving ahead with the launch of a digital currency, recently kicking off talks with the U.S. derivatives regulator.
The Financial Times,...
US: FTC split over Facebook settlement delays decision
With a reported split between the Democrats and Republicans on the Federal Trade Commission (FTC), an anticipated settlement between Facebook and federal regulators related...
Australia: ACCC head warns Facebook and Google over mergers
Chair of the Australian Consumer and Competition Commission (ACCC), Rod Sims, has flagged closer global scrutiny of mergers and acquisitions by digital platforms as...
EU: Vestager says breaking up Facebook would be a last resort
EU Competition Commissioner Margrethe Vestager said breaking up social media giant Facebook would be a last resort, according to a report by Reuters.
Vestager made...
US: Facebook could face 20-year government oversight
Facebook could face two decades of oversight as part of an agreement with the US government.
According to a report in Reuters citing a source...
US: Lawmakers criticize Facebook settlement with FTC
Two US senators on Monday, May 6, criticized reported plans for a Federal Trade Commission (FTC) settlement with Facebook Inc for misuse of consumers’...
US: Facebook to create privacy committee as part of FTC settlement
Facebook is in discussions with the Federal Trade Commission over a settlement that would include appointing privacy-focused executives in the C-suite.
Politico, citing sources close...
US: NY AG opens Facebook data probe
New York’s attorney general is launching an investigation into Facebook after it was reported last week that the company had scraped the email contacts...