An Interest In:
Web News this Week
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
- April 12, 2024
Some of Our Sources
- Simplebits
- Joshua Blankenship
- Pearsonified
- TutsPlus - Design
- FanExtra - PSD
- My Ink Blog
- 24 Ways
- Stylized Web
- CSS Tricks
- Web Resource Source
Help Webnuz
Referal links:
December 3, 2020 01:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VZb-0TlklRs/us-states-plan-to-sue-facebook-next-week
US States Plan To Sue Facebook Next Week
An anonymous reader quotes a report from Reuters: A group of U.S. states led by New York is investigating Facebook for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday. The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet's Google in October. More than 40 states plan to sign on to the lawsuit, one source said, without naming them. It is not known what the states plan to include in their complaint. One allegation often made against Facebook is that it has strategically sought to buy small potential rivals, often at a big premium. These include Instagram in 2012 and WhatsApp in 2014. Facebook Chief Executive Mark Zuckerberg has argued in congressional testimony that the company has a range of competitors, including other tech giants. He has defended controversial acquisitions like Instagram and WhatsApp by saying the social media platform helped them expand from small, insignificant companies into powerhouses.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VZb-0TlklRs/us-states-plan-to-sue-facebook-next-week
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot