Meta scores a win
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A US federal judge dismissed the FTC's antitrust lawsuit against Meta, ruling that the company's acquisitions of Instagram and WhatsApp did not illegally monopolize the social media market. The judge found that Meta faces significant competition from platforms like TikTok and YouTube,
Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp.
The ruling marks a significant setback for the FTC, which has recently scored major victories against Google in both search and digital advertising antitrust cases.
For once, the latest multibillion-dollar AI deal—this time Microsoft and Nvidia investing in Anthropic—isn’t the day’s biggest tech news development. (Skip down for details on that story.) More important was a Washington judge’s ruling on Tuesday that Meta Platforms isn’t a monopoly.
Facing rape and sex-trafficking charges in Romania and the UK, and a criminal investigation in the USA, so-called “king of toxic masculinity” Andrew Tate has decided now is the time to go after Meta and TikTok for kicking the self-described far-right ...
After making the case that TikTok was a national-security threat, Trump did a 180 in the weeks leading up to his re-election. The president has since admitted that he would like to see the platform become “100 percent MAGA.