Tag #Meta

Showing 133 to 144 of 395 results

bbc.com

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Apr 15, 04:10

FTC Seeks to Break Up Meta in Antitrust Trial

Mark Zuckerberg is testifying in a federal antitrust trial where the FTC is attempting to force Meta to divest itself of Instagram or WhatsApp, alleging anti-competitive practices in the acquisitions of these companies. The trial is expected to last two months.

FTC Seeks to Break Up Meta in Antitrust Trial

Mark Zuckerberg is testifying in a federal antitrust trial where the FTC is attempting to force Meta to divest itself of Instagram or WhatsApp, alleging anti-competitive practices in the acquisitions of these companies. The trial is expected to last two months.

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What are the immediate consequences of the FTC's lawsuit against Meta, and how might a ruling affect the social media landscape?

Meta CEO Mark Zuckerberg is testifying in a landmark antitrust trial where the FTC seeks to break up Meta by forcing a spinoff of Instagram or WhatsApp, alleging Meta unfairly dominated the market through acquisitions. The trial, expected to last two months, will examine whether Meta's acquisitions of Instagram in 2012 and WhatsApp in 2014 were anti-competitive.

bbc.com

🌐 85% Global Worthiness

Apr 15, 22:17

FTC Sues Meta, Seeking Divestiture of Instagram and WhatsApp

A historic antitrust lawsuit against Meta opened Monday, with the FTC alleging Meta illegally bought Instagram and WhatsApp to eliminate competition; a win could force Mark Zuckerberg to divest these platforms.

FTC Sues Meta, Seeking Divestiture of Instagram and WhatsApp

A historic antitrust lawsuit against Meta opened Monday, with the FTC alleging Meta illegally bought Instagram and WhatsApp to eliminate competition; a win could force Mark Zuckerberg to divest these platforms.

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How did Meta's acquisitions of Instagram and WhatsApp allegedly violate antitrust laws?

The FTC's case hinges on evidence suggesting Meta prioritized buying out competitors rather than facing competition. Internal communications from Zuckerberg, including a 2012 memo mentioning "neutralizing" Instagram, are presented as key evidence. Meta counters that these acquisitions enhanced user experience and that it faces competition from other apps.

politico.eu

🌐 85% Global Worthiness

Apr 15, 22:17

EU Delays Fines on Apple and Meta Amid US Trade Tensions

The European Commission has delayed imposing fines on Apple and Meta for violating the EU's Digital Markets Act (DMA), past its self-imposed March 28th deadline, amid rising trade tensions with the United States which threaten retaliatory tariffs.

EU Delays Fines on Apple and Meta Amid US Trade Tensions

The European Commission has delayed imposing fines on Apple and Meta for violating the EU's Digital Markets Act (DMA), past its self-imposed March 28th deadline, amid rising trade tensions with the United States which threaten retaliatory tariffs.

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How do the ongoing trade tensions between the US and EU influence the Commission's decision-making process regarding the DMA fines?

The delay in imposing penalties is linked to US trade threats and retaliatory tariffs if the EU enforces the DMA against American tech companies. This situation highlights the complexities of balancing the EU's regulatory goals with its geopolitical relationship with the US. The uncertainty surrounding the timing and amount of potential penalties creates significant uncertainty for the tech companies involved and broader market confidence.

theglobeandmail.com

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Apr 14, 16:11

Meta Faces Antitrust Trial Over Instagram, WhatsApp Acquisitions

Meta Platforms faces a landmark antitrust trial, beginning Monday, alleging its acquisitions of Instagram and WhatsApp created an illegal social media monopoly; the trial will determine whether Meta must divest these assets and set a precedent for future tech antitrust cases.

Meta Faces Antitrust Trial Over Instagram, WhatsApp Acquisitions

Meta Platforms faces a landmark antitrust trial, beginning Monday, alleging its acquisitions of Instagram and WhatsApp created an illegal social media monopoly; the trial will determine whether Meta must divest these assets and set a precedent for future tech antitrust cases.

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What are the immediate consequences if Meta is forced to divest Instagram and WhatsApp?

Meta Platforms faces a historic antitrust trial that could force it to divest Instagram and WhatsApp, acquired in 2012 and 2014 respectively. The FTC alleges these acquisitions stifled competition, creating an illegal social media monopoly. This trial is a major test of the FTC's ability to challenge Big Tech.

welt.de

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Apr 14, 22:09

FTC Sues Meta Over Instagram, WhatsApp Acquisitions

The FTC is suing Meta for monopolistic practices due to its acquisitions of Instagram and WhatsApp; Mark Zuckerberg and Kevin Systrom will testify, and the case's outcome will impact future tech mergers and acquisitions.

FTC Sues Meta Over Instagram, WhatsApp Acquisitions

The FTC is suing Meta for monopolistic practices due to its acquisitions of Instagram and WhatsApp; Mark Zuckerberg and Kevin Systrom will testify, and the case's outcome will impact future tech mergers and acquisitions.

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How did the political climate during and after Trump's presidency affect the FTC's lawsuit against Meta?

Meta acquired Instagram in 2012 for $1 billion and WhatsApp in 2014 for roughly $22 billion. The FTC argues these acquisitions led to decreased app quality due to reduced competition, while Meta counters that users benefited. The FTC cites Meta's dominant market share (80% on smartphones, 98% on PCs from 2016-2020) as evidence.

npr.org

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Apr 13, 19:13

FTC Sues Meta, Alleging Anti-Competitive Acquisitions of Instagram and WhatsApp

The Federal Trade Commission is suing Meta, alleging its acquisitions of Instagram and WhatsApp were anti-competitive, potentially forcing Meta to divest these platforms; Meta counters that it faced fair competition and the acquisitions were previously approved.

FTC Sues Meta, Alleging Anti-Competitive Acquisitions of Instagram and WhatsApp

The Federal Trade Commission is suing Meta, alleging its acquisitions of Instagram and WhatsApp were anti-competitive, potentially forcing Meta to divest these platforms; Meta counters that it faced fair competition and the acquisitions were previously approved.

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What is the core argument in the FTC's antitrust lawsuit against Meta, and what are its potential immediate consequences?

The FTC alleges Meta illegally maintained its social media monopoly by acquiring Instagram and WhatsApp, eliminating competition. This could force Meta to divest these platforms, impacting its advertising revenue and user experience.

elmundo.es

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Apr 15, 04:10

Zuckerberg Defends Meta Acquisitions in Antitrust Trial

In a Washington D.C. antitrust trial, Mark Zuckerberg defended Meta's acquisition of Instagram and WhatsApp, with prosecutors arguing these moves stifled competition; the trial is focusing on emails and messages detailing the acquisitions and their potential anti-competitive impact.

Zuckerberg Defends Meta Acquisitions in Antitrust Trial

In a Washington D.C. antitrust trial, Mark Zuckerberg defended Meta's acquisition of Instagram and WhatsApp, with prosecutors arguing these moves stifled competition; the trial is focusing on emails and messages detailing the acquisitions and their potential anti-competitive impact.

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What long-term implications will this trial have on the regulation of mergers and acquisitions in the technology sector, particularly concerning social media platforms?

This trial will likely set a significant legal precedent for future tech acquisitions. The arguments regarding whether these acquisitions stifled competition versus fostered innovation will be key in determining the outcome and have lasting effects on industry mergers and acquisitions. The evolving nature of Facebook, from connecting friends to a 'discovery engine,' adds a layer of complexity to the case.

zeit.de

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Apr 15, 07:10

Meta Faces US Antitrust Lawsuit, Potentially Forcing Instagram and WhatsApp Divestiture

Meta faces a US antitrust lawsuit alleging monopolistic practices through its acquisitions of Instagram and WhatsApp, potentially forcing divestiture and impacting its US ad revenue significantly. CEO Mark Zuckerberg denies the claims, acknowledging Meta's misjudgment of user behavior shift towards ...

Meta Faces US Antitrust Lawsuit, Potentially Forcing Instagram and WhatsApp Divestiture

Meta faces a US antitrust lawsuit alleging monopolistic practices through its acquisitions of Instagram and WhatsApp, potentially forcing divestiture and impacting its US ad revenue significantly. CEO Mark Zuckerberg denies the claims, acknowledging Meta's misjudgment of user behavior shift towards ...

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How did the changing user behavior towards messaging services contribute to the FTC's accusations against Meta?

The Federal Trade Commission (FTC) argues Meta bought Instagram and WhatsApp to eliminate competition, a strategy deemed easier than competing fairly. Meta counters that it helped these platforms grow to their current billions of users. This case tests the FTC's power under the Trump administration, where Zuckerberg unsuccessfully attempted to negotiate a settlement.

sueddeutsche.de

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Apr 14, 16:11

FTC Sues Meta, Alleging Antitrust Violations in Instagram and WhatsApp Acquisitions

The FTC is suing Meta, alleging its acquisitions of Instagram and WhatsApp were anti-competitive moves that unlawfully strengthened its market dominance. The case, beginning Monday in Washington, could force Meta to divest itself of these platforms and set a precedent for future tech regulation.

FTC Sues Meta, Alleging Antitrust Violations in Instagram and WhatsApp Acquisitions

The FTC is suing Meta, alleging its acquisitions of Instagram and WhatsApp were anti-competitive moves that unlawfully strengthened its market dominance. The case, beginning Monday in Washington, could force Meta to divest itself of these platforms and set a precedent for future tech regulation.

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What broader implications could this lawsuit have on the future regulation of large technology companies in the United States?

The FTC's argument centers on Meta's alleged anti-competitive behavior in acquiring Instagram and WhatsApp, acquisitions that have made Meta a dominant player in global communication. The FTC alleges that Meta's actions have harmed competition, pointing to internal emails as evidence of the intent behind these acquisitions. Meta counters that its platforms compete with many others, such as TikTok and YouTube, and that the FTC approved these mergers over a decade ago.

zeit.de

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Apr 14, 19:15

Sumy Missile Strike: 34 Dead, Calls for Increased Military Aid

A Russian missile strike on the Ukrainian city of Sumy on a Christian holiday killed 34 civilians and injured at least 117, prompting calls for increased military aid and condemnation as a war crime.

Sumy Missile Strike: 34 Dead, Calls for Increased Military Aid

A Russian missile strike on the Ukrainian city of Sumy on a Christian holiday killed 34 civilians and injured at least 117, prompting calls for increased military aid and condemnation as a war crime.

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How does the timing of the Sumy attack—on a Christian holiday—affect the narrative and international reaction?

The attack highlights the ongoing brutality of the war in Ukraine and the urgent need for stronger international response. The demand for additional air defense systems underscores the vulnerability of Ukrainian civilians to Russian attacks. The timing of the attack, on a religious holiday, adds to its perceived cruelty.

us.cnn.com

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Apr 14, 16:11

Meta Faces Antitrust Trial Amidst Concerns of Political Interference

Meta's antitrust trial begins Monday, facing accusations of monopolizing social networking; President Trump's potential influence and the judge's past rulings add layers of complexity to the case.

Meta Faces Antitrust Trial Amidst Concerns of Political Interference

Meta's antitrust trial begins Monday, facing accusations of monopolizing social networking; President Trump's potential influence and the judge's past rulings add layers of complexity to the case.

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What are the immediate consequences if Meta is found guilty of anti-competitive conduct?

Meta is on trial, accused of illegally monopolizing social networking. If found guilty, Meta might be forced to divest Instagram and WhatsApp, setting a precedent for other tech giants. President Trump's potential intervention adds a layer of political uncertainty.

nrc.nl

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Apr 11, 19:17

Meta's AI Model Trained on Illegal Database, Sparking Copyright Dispute

Meta used the illegal database Library Genesis (LibGen), containing millions of books and articles, to train its AI model Llama, leading to the unauthorized use of works by hundreds of Dutch authors, prompting the Authors' Union to consider legal action against Meta.

Meta's AI Model Trained on Illegal Database, Sparking Copyright Dispute

Meta used the illegal database Library Genesis (LibGen), containing millions of books and articles, to train its AI model Llama, leading to the unauthorized use of works by hundreds of Dutch authors, prompting the Authors' Union to consider legal action against Meta.

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What are the immediate consequences of Meta's unauthorized use of copyrighted works from LibGen to train its AI model Llama?

Meta used the illegal database Library Genesis (LibGen), containing 7.5 million books and 81 million scientific publications, to train its AI model Llama. This resulted in the unauthorized use of works by numerous authors, including well-known Dutch writers like Etty Hillesum and Harry Mulisch. Over 360 Dutch authors have already contacted the Authors' Union.

Showing 133 to 144 of 395 results