Even in a year when bashing tech companies has become a bipartisan avocation, last week’s US antitrust assault on Facebook stands out.
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Social network firm Reddit said on Sunday ithat t would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok.
The US took a major step toward the possible breakup of Facebook by formally filing an antitrust lawsuit against the technology giant. Here’s how a forced breakup would impact Facebook’s prospects.
Facebook could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission and nearly every US state filed lawsuits against the social media company on Wednesday.
Facebook will soon be hit by federal and state antitrust lawsuits accusing the social media giant of abusing its dominance and thwarting competition, according to three people familiar with the matter.
A deadline set by the Trump administration for the forced sale of TikTok’s US assets is expected to come and go on Friday night without a final deal, according to people familiar with the discussions.
Virtual reality start-ups are accusing Facebook of using a familiar playbook to muscle out rivals in what could be the digital platform of the future – prompting a new line of scrutiny from competition enforcers.
Twitter has released plans for its new policy on how people are “verified” on the site, an area the company…
Twitter is expanding its version of Stories, a product that lets users post photos and videos that disappear after 24 hours, in an effort to encourage more sharing.
TikTok-owner ByteDance is on track to generate at least $27.2-billion in advertising revenue in China alone this year, which will cement its number two spot in China’s digital ad market, sources said.