Business & Tech Congress Gets Report On Antitrust Investigation Into Big Tech, Including Infamous Facebook Memo; Crackdown Looms A report has come out by the House Subcommittee on Antitrust, Commercial, and Administrative Law, stemming from an investigation that was launched three years ago, and in particular it calls out a 2018 internal memo to Facebook CEO Mark Zuckerberg.
Business & Tech Facebook's Market Cap Tops $1 Trillion for the First Time After Antitrust Case Is Dismissed Facebook has now joined the ranks of trillion-dollar companies, alongside the only other companies to reach such a market capitalization, Apple, Amazon, Alphabet, and Microsoft.
Business & Tech 10 (Red) States Are Suing Google Over What They Say Is an Online Advertising Monopoly The end of 2020 is arriving with a slew of legal headaches for Big Tech. And a week after we learned of twin antitrust lawsuits against Facebook being brought by state attorneys general and the FTC in tandem, we learn that a group of states is also filing suit against Google.
Business & Tech Justice Department Files Landmark Antitrust Suit Against Google; Google Calls Suit 'Deeply Flawed' An expected federal antitrust suit against Google dropped today which has many parallels with an antitrust case filed against Microsoft two decades ago, and while it may seem like part of a Republican vendetta against the tech industry, it has plenty of support from congressional Democrats.
SF News Day Around the Bay: Napa Businesses Upset About Homeless Quarantine In Church Trump's DOJ is aiming to announce antitrust action against Google before the election, cannabis may or may not help with COVID infection symptoms, and some protesters staged a die-in over the government's COVID response at 16th and Mission today.
Business & Tech Almost Every State Except California Is Coming After Google In Antitrust Action A coalition of attorneys general from 50 U.S. states and territories formally announced an investigation into possible antitrust-violating practices by Google/Alphabet with regard to advertising. The only states not participating: California and Alabama.
SF News Apple, Google, Yahoo, Genentech in Antitrust Probe Re: Hiring Practices Some of the largest employers in the Bay Area are being investigated by the Department of Justice to determine if they have been in cahoots not to recruit or hire away each others'
