U.S. Argues Meta Built a Social Media Monopoly
The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off...
Tag : Mergers
What to Know About Trump’s Antitrust Efforts Against Tech Giants
The Trump administration isn’t letting up on the tech giants. On Monday, the Federal Trade Commission will face off with Meta in court over claims...
U.S. Prepares to Challenge Meta’s Social Media Dominance
Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company...
How Trump’s TikTok Negotiations Were Upended by China and Tariffs
Last Wednesday, the Trump administration believed it had a plan to save TikTok. ByteDance, TikTok’s Chinese owner, along with some of its U.S. investors and...
Trump Extends TikTok Deal Deadline, Delaying a Potential Ban
President Trump on Friday granted TikTok another reprieve by announcing that he would extend the deadline for when the popular app had to make a...
How Trump Could Make Larry Ellison the Next Media Mogul
For decades, Larry Ellison reveled in being the Silicon Valley executive who really knew how to have a good time. He spent as much as...
Trump Set to Meet With Top Aides to Decide TikTok’s Fate
President Trump plans to meet with top White House officials on Wednesday to discuss a proposal that could secure TikTok’s future in the United States,...
Blackstone Considers Small Investment in TikTok
The private equity giant Blackstone is weighing taking a small stake in TikTok ahead of an April 5 deadline set by President Trump for the...
Elon Musk Says He Has Sold X to xAI
Elon Musk said on Friday that he had sold X, his social media company, to xAI, the artificial intelligence start-up he founded in 2023, in...
TikTok Ads Portray App as Force for Good as US Ban Looms
In an emotional advertisement running on Facebook and Instagram over the past month, a young woman, Katie, talks about being diagnosed with an illness that...