Tech

Facebook paid FTC $4.9B more than required to shield Zuckerberg, lawsuit alleges

Enlarge / Facebook CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC. Zuckerberg, 33, was called to testify after it was reported that millions of Facebook users had their personal information harvested by Cambridge Analytica. (credit: […]

Tech

Big tech companies snap up smaller rivals at record pace

Enlarge / An FTC study showed how big Silicon Valley companies bought startups to eliminate future competitors. (credit: Aurich Lawson | Getty Images) The world’s largest technology companies have snapped up smaller rivals at a record pace this year in a buying spree that comes as US politicians and regulators prepare to crack down on […]

Tech

Biden’s FTC pick is a privacy champion who wants limits on facial recognition

Enlarge (credit: Getty Images | Yuichiro Chino) President Joe Biden will reportedly nominate Georgetown law professor and privacy researcher Alvaro Bedoya to the Federal Trade Commission. Bedoya is the founding director of Georgetown Law’s Center on Privacy & Technology, where he has focused heavily on facial recognition and other forms of surveillance. Bedoya co-authored a […]

Tech

FTC: Facebook was bad at business, so it “illegally bought or buried” competition

Enlarge / Facebook, Instagram, and WhatsApp are the three largest parts of Facebook’s sprawling empire… for now. (credit: Rafael Henrique | SOPA Images | LightRocket | Getty Images ) The Federal Trade Commission has refiled its lawsuit against Facebook and has included additional data that it hopes will bolster its case. The refiling is a […]

Tech

Facebook blocks research into political ads, falsely blames FTC privacy order

Enlarge (credit: Getty Images | GreyParrot) When Facebook disabled the accounts of New York University researchers who were investigating misinformation and political advertisements on the platform, the social-media giant claimed it did so to comply with a consent decree that it previously agreed to with the Federal Trade Commission. “We took these actions to stop […]

Tech

Facebook tries to beat FTC lawsuit by pushing Chair Lina Khan off the case

Enlarge / Lina Khan speaks to the Senate Commerce Committee on April 21, 2021, when her nomination to the FTC was being considered. (credit: Getty Images | Bloomberg) In an attempt to avoid government scrutiny, Facebook today petitioned the Federal Trade Commission to have Chair Lina Khan removed from the antitrust case against the social […]

Tech

“Bad mergers” and noncompete clauses targeted in Biden executive order

Enlarge (credit: Getty Images | Bloomberg) President Joe Biden announced his anticipated executive order today, and it’s a sweeping document that seeks to counter rising corporate consolidation and foster greater competition in everything from labor markets to mergers, banking, healthcare, device repairs, transportation, broadband, and more. “For decades, corporate consolidation has been accelerating, ” the […]

Tech

Biden’s right-to-repair order could stop companies from blocking DIY fixes

Enlarge (credit: David Paul Morris/Bloomberg/Getty Images) After years of petitions and proposals, momentum is building in government to give consumers broader rights to repair products they own ranging from farm tractors to mobile phones. In a press briefing yesterday, White House Press Secretary Jen Psaki said Biden will issue an executive order directing the US […]

Tech

“Broadcom is a monopolist”: FTC orders chipmaker to stop illegal tactics

Enlarge / A sign in front of a Broadcom office on June 03, 2021, in San Jose, California. (credit: Getty Images | Justin Sullivan ) The Federal Trade Commission on Friday said it charged Broadcom “with illegally monopolizing markets for semiconductor components used to deliver television and broadband Internet services” by preventing customers from purchasing […]