The FinTech Hub
Source: The Verge A long-awaited trial between Meta and the Federal Trade Commission kicks off on April 14th. Over about two months, DC District Court Judge James Boasberg will hear arguments about whether Facebook illegally monopolized the market for personal social networking services through its 2012 and 2014 acquisitions of Instagram and WhatsApp. The FTC…
Source: The Verge On Monday, Meta will face the Federal Trade Commission in a legal fight that could reshape the social media landscape. Over the next two months, the US government will make its case that the company’s 2012 acquisition of Instagram and 2014 acquisition of WhatsApp squashed potential threats to its dominance. Meta, which…
Source: The Verge Federal Trade Commission Chair Andrew Ferguson has refused to commit to resisting President Donald Trump if he ordered the agency to drop its antitrust suit against Meta, saying he would “obey lawful orders” and calling the scenario “a hypothetical.” His comments, made at a tech policy event in Washington, DC, followed a…
Source: The Verge As TikTok’s April 5th sell-by date approaches, Americans are back to where they stood before the original January deadline: watching anxiously to see if a major social media app gets banned. But that’s far from the only big event we’ll see over the coming month. April is filled with momentous turns in…
Source: The Verge President Donald Trump’s sudden and unlawful firing of the Federal Trade Commission’s two remaining Democrats will serve the tech billionaires who backed him, not the American people, warned one of the ousted officials today. “I think we need to be focused on the billionaires over President Trump’s shoulder at his inauguration and…
Source: The Verge President Donald Trump fired the two remaining Democratic commissioners at the Federal Trade Commission Tuesday in what appears to be a conspicuous exercise of power over the independent agency. The White House confirmed the dismissals in an unsigned email response to The Verge. Democratic Commissioner Alvaro Bedoya shared his dismissal in a…
Source: The Verge Two years after a Taylor Swift ticketing debacle riled up fans and policymakers across the country, Ticketmaster is still fighting a multipronged battle against efforts to break it up and change the rules of the industry in ways resellers are vying for — in what’s become a multimillion-dollar and nationwide struggle over…
Source: The Verge The US Department of Justice (DOJ) is still pushing to break up Google, according to a revised proposal filed Friday with federal Judge Amit Mehta. As in its proposal last year, the DOJ says Google should be forced to sell its web browser, Google Chrome, and potentially Android, as punishment for being…
Source: The Verge The European Union’s Digital Markets Act (DMA) has come into force, and it’s meant that some of the world’s biggest tech companies are having to make major changes to how they operate. The law, which is designed to increase competition in the EU’s digital markets, designates some large online companies and their…
Source: The Verge Dear Colleagues, Last Friday, President Trump issued a Presidential Proclamation recognizing February 2025 as National Black History Month, and “call[ed] upon public officials … and all the people of the United States to observe this month with appropriate programs, ceremonies, and activities.” In his Proclamation, President Trump correctly noted that “black Americans…
