Regulatory scrutiny, antitrust cases, and market dominance of major tech companies
On the last working day of Lina Khan’s FTC, the agency announced the release of a report that examines the terms of three of the largest deals between AI companies and cloud-computing giants, after re...
Amongst a flurry of final enforcement actions in the last days of Lina Khan’s FTC, the agency announced an enforcement action against and OnStar, its roadside-assistance subsidiary. The proposed orde...
In the last week of Federal Trade Commission Chair Lina Khan’s tenure, the agency sued for “unfair corporate tactics” that have made repairs to the company’s farm equipment difficult and expensive. ...
The SEC filed a lawsuit against CEO and X owner Elon Musk alleging he failed to promptly report that he’d amassed a more than 5% stake in what was then Twitter in early 2022 ahead of taking over the ...
Texas Attorney General Ken Paxton filed suit against auto-insurance company yesterday, alleging that the company and its subsidiary vehicle-data unit Arity “conspired to secretly collect and sell ‘t...
CEO Mark Zuckerberg approved the use of a dataset containing copyrighted material to train the company’s Llama AI model, a new filing in a copyright suit against the company says. A last-minute discov...
Last week Apple agreed to settle a proposed class-action lawsuit for $95 million, potentially giving tens of millions of Siri users the chance to gain $20 . The suit alleged that the iPhone maker viol...
After getting dinged by the European Union for abusing its dominance by tying its classified-ads service to its social network, is giving its competitors a shot. Namely, Facebook is testing letting u...
Apple wants its day in court — specifically it wants a chance to defend its lucrative search deal with Google during the latter’s upcoming trial over how to resolve its illegal search monopoly , set f...
Senators Elizabeth Warren, Josh Hawley, and Jeff Merkely sent a letter to the CEOs of the major car manufacturers urging the companies to comply with right-to-repair laws, and requested details of the...
$25 billion acquisition of rival has officially been blocked, nearly two years after the grocery-store chains announced their megamerger. The grocers had agreed to sell a combined 579 stores to C&S, ...
To bypass the diminishing quality of Google Search, people have been appending “Reddit” to their searches in hopes of getting better answers from the social forum. itself has been hoovering up the we...
A new proposed class-action lawsuit seeks $1.2 billion in damages from on the grounds that it failed to implement a feature that would have identified child sexual-abuse material (CSAM) on its custom...
Elon Musk wasn’t at the New York Times DealBook Summit yesterday, but he was one of the elephants in the room. The big question: whether Musk will use his new governmental position to favor his own bu...
On Monday, Delaware Chancery Court Judge Kathaleen St. J. McCormick once again struck down Tesla’s $56 billion pay package for CEO Elon Musk, doubling down on her decision from January, despite Tesla’...
While Google’s latest woes seem to center on the DOJ’s antitrust efforts , the search-engine giant may soon face another — perhaps even greater — threat to its moat: losing its dominance in search ads...
According to Bloomberg News , the US Federal Trade Commission is probing over whether the enrollment and cancellation terms of its subscription plan, Uber One, violates consumer-protection laws. The ...
Four of the companies that control most of the country’s frozen-potato supply have been accused of brokering backdoor deals to keep their products expensive. In a lawsuit filed last week, a Pennsylvan...
The Department of Justice has now officially asked a federal court to make sell its Chrome browser as a way to remedy the tech behemoth's search monopoly . And that’s just the beginning. The governme...
The Department of Justice is going to recommend that sell off its Chrome browser to remedy its search monopoly , but that doesn’t mean they think it will actually happen. “Part of this is negotiating...