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Meta Changes Targeted Advertising Policy, Prompting Political Outcry
Technology
Meta Changes Targeted Advertising Policy, Prompting Political Outcry
2021-11-12 22:03:10
by Reece Nations

WASHINGTON — Meta Platforms, Inc., the parent company of Facebook and other social media platforms, announced that starting Jan. 19 it will place new limits on advertisers' ability to target users based on their interactions with content related to health,... Read More

Facebook Accused of Deceit in Suit by Defunct Competitor
Antitrust
Facebook Accused of Deceit in Suit by Defunct Competitor
2021-11-08 21:36:11
by Tom Ramstack

NEW YORK — Facebook used illegal trade practices to run former competitor and photo app Phhhoto Inc. out of business, officials from the now-defunct company said in a lawsuit filed Thursday. It represents the latest antitrust challenge to the social... Read More

Moss Says U.S. Needs a Digital Market Regulator to Curb Big Tech’s Power
Technology
Moss Says U.S. Needs a Digital Market Regulator to Curb Big Tech’s Power
2021-11-05 18:34:12
by Victoria Turner

WASHINGTON — If the U.S. intends to reel in the power of Big Tech, it should create a digital market regulator that captures all market participants and provides adequate oversight, according to Diana Moss, president of the American Antitrust Institute,... Read More

Facebook Inc. Rebrands as Meta to Stress 'Metaverse' Plan
Social Media
Facebook Inc. Rebrands as Meta to Stress 'Metaverse' Plan

OAKLAND, Calif. (AP) — An embattled Facebook Inc. is changing its name to Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg says is its commitment to developing the new surround-yourself technology known as the "metaverse."... Read More

Trump’s Social Media Company Starts With Strong Financing
Social Media
Trump’s Social Media Company Starts With Strong Financing
2021-10-22 20:22:05
by Tom Ramstack

Shares in a company that is spearheading former President Donald Trump's planned social media platform surged for a second day Friday on investors’ hopes that it will compete head-to-head with Facebook and Twitter. Trump said this week he is creating... Read More

Family of Slain Journalist Claims Facebook Exploited Tragedy for Profit
Social Media
Family of Slain Journalist Claims Facebook Exploited Tragedy for Profit
2021-10-12 18:40:45
by Victoria Turner

WASHINGTON -- Imagine knowing your daughter’s moment of death has been immortalized in a video online. Now imagine that it keeps popping up over and over again on Facebook, Instagram, and Google’s YouTube for six years and counting, despite your... Read More

Whistleblower Accuses Facebook of Deceiving Public for Profit
Social Media
Whistleblower Accuses Facebook of Deceiving Public for Profit
2021-10-05 14:59:15
by Tom Ramstack

WASHINGTON -- A former Facebook product manager told a Senate panel Tuesday that the social media giant had the potential for great good but instead was focused only on its own profits. “The choices being made inside of Facebook are... Read More

Ex-Facebook Manager Alleges Social Network Fed Capitol Riot
Social Media
Ex-Facebook Manager Alleges Social Network Fed Capitol Riot

NEW YORK (AP) — A data scientist who was revealed Sunday as the Facebook whistleblower says that whenever there was a conflict between the public good and what benefited the company, the social media giant would choose its own interests.... Read More

Federal Trade Commission Sues Facebook Claiming Unfair Monopoly Tactics
Social Media
Federal Trade Commission Sues Facebook Claiming Unfair Monopoly Tactics
2021-08-19 20:18:44
by Tom Ramstack

WASHINGTON -- The Federal Trade Commission submitted an amended complaint Thursday against Facebook Inc. in federal court in a case that threatens the social media giant’s multibillion dollar annual business operations. The FTC accuses Facebook of antitrust violations that give... Read More

States to Fight Dismissal of Antitrust Lawsuit Against Facebook
Antitrust
States to Fight Dismissal of Antitrust Lawsuit Against Facebook
2021-07-28 15:42:37
by Dan McCue

WASHINGTON -- Attorneys general from 45 states, the District of Columbia and Guam served notice on Wednesday that they are appealing a federal judge’s decision to throw out their antitrust lawsuit against Facebook. “We filed this notice of appeal because... Read More

Judge Grants FTC More Time to File Amended Complaint Against Facebook
Antitrust
Judge Grants FTC More Time to File Amended Complaint Against Facebook
2021-07-26 13:00:04
by Dan McCue

WASHINGTON - A federal judge on Friday gave the U.S. Federal Trade Commission until Aug. 19 to file an amended complaint in its antitrust lawsuit against Facebook. In a filing with the U.S. District Court for the District of Columbia,... Read More

Trump Sues Facebook, Twitter and Google
Social Media
Trump Sues Facebook, Twitter and Google
2021-07-07 18:36:01
by Dan McCue

BEDMINSTER, N.J. - Former President Donald Trump filed a class action lawsuit against Facebook, Twitter and Google, and their CEOs on Wednesday, alleging the companies violated his 1st Amendment rights when they banned him and suspended his accounts. “Our case... Read More

Judge Dismisses Gov't Antitrust Lawsuits Against Facebook
Technology
Judge Dismisses Gov't Antitrust Lawsuits Against Facebook

WASHINGTON (AP) — A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. U.S.... Read More

House Panel Passes Antitrust Reform Bills After Heated Debate
Technology
House Panel Passes Antitrust Reform Bills After Heated Debate
2021-06-25 11:59:28
by Victoria Turner

WASHINGTON - A heated debate took place in the House Judiciary Committee markup of a merger fee legislation that skated through the Senate, but their congressional counterparts took three hours Wednesday to come close to an agreement. The single amendment... Read More

Bipartisan Antitrust Package Seeks to Rein in Tech Giants
Congress
Bipartisan Antitrust Package Seeks to Rein in Tech Giants
2021-06-11 19:58:30
by Dan McCue

House lawmakers on Friday introduced sweeping antitrust legislation aimed at restraining the power of large tech companies and preventing corporate consolidation across the economy. Introduced by Antitrust Subcommittee Chairman David Cicilline, D-R.I., and Antitrust Subcommittee Ranking Member Ken Buck, R-Colo.,... Read More

Trump Suspended From Facebook, Instagram for Two Years
Social Media
Trump Suspended From Facebook, Instagram for Two Years
2021-06-04 17:46:45
by Dan McCue

Donald Trump’s accounts on two of the world’s biggest social media platforms will be suspended for at least two years and will only be reinstated “if” conditions permit. The announcement from Facebook, which also applies to Instagram, comes just weeks... Read More

Reports: Facebook to End Rule Exemptions for Politicians
Social Media
Reports: Facebook to End Rule Exemptions for Politicians

Facebook plans to end a contentious policy championed by CEO Mark Zuckerberg that exempted politicians from certain moderation rules on its site, according to several news reports. The company's rationale for that policy held that the speech of political leaders... Read More

Facebook Releases Renewable Energy Impact Study
Social Media
Facebook Releases Renewable Energy Impact Study
2021-05-26 20:32:10
by Reece Nations

MENLO PARK, Calif. — In an economic analysis of the company’s solar and wind projects that support its data centers across the nation, Facebook iterated its adherence to broader sustainability initiatives.  As of last year, Facebook’s fleet of energy-intensive data... Read More

Oversight Board Upholds Facebook Ban on Trump, With Caveat
Social Media
Oversight Board Upholds Facebook Ban on Trump, With Caveat
2021-05-05 15:22:55
by Dan McCue

Facebook’s Oversight Board has upheld the social media platform’s suspension of former President Donald Trump’s Facebook account, but in doing so, it said the company failed to impose the penalty properly. “It is not permissible for Facebook to keep a... Read More

Cicilline: Congress Must Curb Power of Google and Facebook
Technology
Cicilline: Congress Must Curb Power of Google and Facebook
2021-04-21 14:40:06
by Victoria Turner

WASHINGTON - The dominance of Google and Facebook as “gatekeepers” for online information and massive market power, particularly in digital advertising, has left U.S. journalism in a “state of crisis” and “Americans have had enough,”  said Rep. David Cicilline, D-R.I.,... Read More

Facebook Notifications Are Not Akin to Robocalls
Social Media
Facebook Notifications Are Not Akin to Robocalls
2021-04-01 20:53:55
by Dan McCue

WASHINGTON - A unanimous Supreme Court sided with Facebook on Thursday, ruling that a notification system the social media giant employs to alert users to suspicious logins does not run afoul of a federal law aimed at curbing robocalls and... Read More

Event Looks at Free Expression in the Digital Age
Technology
Event Looks at Free Expression in the Digital Age
2021-03-30 13:33:18
by Victoria Turner

David Freiheit began his presentation at the American Enterprise Institute event on the values and consequences of free expression in the digital age by pointing to the response of Sen. Elizabeth Warren, D-Mass., to Amazon’s “snotty tweets.” Warren has repeatedly... Read More

Can Online Platforms Properly Police Themselves?
Social Media
Can Online Platforms Properly Police Themselves?
2021-03-26 15:18:27
by Victoria Turner

WASHINGTON - In 2018, Facebook CEO Mark Zuckerberg apologized to a U.S. House committee when presented with active drug trafficking posts on his site, admitting social media platforms need better “policing” of such content.  Three years later, despite Facebook having... Read More

Social Media Platforms’ Self-Regulation Era is Over
Social Media
Social Media Platforms’ Self-Regulation Era is Over
2021-03-25 20:37:23
by Victoria Turner

WASHINGTON - Rep. Cathy McMorris Rogers, R-Wash., said at a congressional hearing today that as a parent of three school-aged children, Facebook, YouTube and Twitter are her “biggest fear.”  After spikes in teenage suicides in her community, everyone she reached... Read More

Biden Administration's Antitrust: Traditional or Transformational?
Economy
Biden Administration's Antitrust: Traditional or Transformational?
2021-03-16 21:44:23
by Victoria Turner

The Biden administration has talked a big game on beefing up enforcement in market competition and it will undoubtedly bring more competition cases to court, said Bill Kovacic, a former regulator at the Federal Trade Commission.  The new leadership, however,... Read More

Mandates Needed to Keep Big Tech in Check
Antitrust
Mandates Needed to Keep Big Tech in Check
2021-02-26 15:02:10
by Victoria Turner

Congress needs to create mandates to curb the abusive power exerted by a handful of online platforms, according to all six witnesses at a Capitol Hill hearing on Thursday. During the hearing, members of a House Judiciary subcommittee grappled with... Read More

Antitrust Reforms Could Kill Competition
Antitrust
Antitrust Reforms Could Kill Competition
2021-02-23 22:07:55
by Victoria Turner

Four panelists warned today that proposed legislative reforms for more aggressive antitrust enforcement in Big Tech would likely spill over across all industries, hindering innovation and harming consumers. Strengthening the antitrust laws - federal and state statutes that restrict the... Read More

FEC Rules US Citizens Living Abroad Can Purchase Online Political Ads
Social Media
FEC Rules US Citizens Living Abroad Can Purchase Online Political Ads
2021-01-19 18:00:54
by Dan McCue

WASHINGTON - The Federal Elections Commission has ruled that U.S. citizens living abroad can purchase political advertisements pertaining to elections in the United States. The agency handed down the ruling in the case of Jean-Marc Bertrand, who seeks to encourage... Read More

Trump ‘Indefinitely’ Barred From Facebook, Instagram Accounts
Social Media
Trump ‘Indefinitely’ Barred From Facebook, Instagram Accounts
2021-01-07 18:04:13
by Reece Nations

PALO ALTO, Calif. — After initially stating they would freeze President Donald Trump’s access to its services for a 24-hour period, Facebook CEO Mark Zuckerberg announced Thursday the platform would ban the accounts “indefinitely.”  Zuckerberg made the announcement via a... Read More

Facebook Sued by US, States in Antitrust Case
Business
Facebook Sued by US, States in Antitrust Case

WASHINGTON — Facebook Inc. was sued by U.S. antitrust officials and a coalition of states that want to break up the company by unwinding its acquisitions of Instagram and WhatsApp, deals the government says was part of a campaign to illegally crush competition. The Federal Trade Commission and... Read More

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