News

Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and ...
President Trump’s selection of Andrew Ferguson to Chair the Federal Trade Commission (FTC) and Gail Slater to head the ...
Facebook's board was not trying to protect founder Mark Zuckerberg in 2019 when it agreed to pay a $5 billion regulatory fine ...
Overall, Meta isn’t holding back, calling the FTC’s evidence largely speculative. Their motion specifically stated that the FTC has no evidence that Meta holds a 60% market share in any market ...
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
Meta CEO Mark Zuckerberg and other investors have reached a settlement with company shareholders. This ends a claim seeking ...
The case is expected to run through late next week and include testimony from Meta CEO Mark Zuckerberg and former COO Sheryl ...
Meta has called the FTC’s case “weak” and, in a show of confidence, wrapped up its defense earlier than expected last week after calling just a few witnesses.
The FTC is calling for Meta to undo the now decade-old sales. After five weeks of trial, Meta said the FTC failed to show the company has a monopoly over personal social networking.
AP Last week, Meta asked the judge to throw out the case midway through trial, asserting that the FTC had failed to prove its argument. Boasberg shot down the request.
The FTC just rested its case following weeks of testimony in a landmark antitrust case against Meta. But before Meta can begin its defense, the company's lawyers have opted for another move ...
During Meta’s opening defense arguments against the FTC, it showed the court data from when TikTok was briefly offline before President Trump intervened to bring it back. While TikTok was down ...