The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft was found to have illegally stifled competition in personal computer software. A Federal District Court judge said yes to forcing Microsoft to split in two, separating its monopoly …
The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft was found to have illegally stifled competition in personal computer software. A Federal District Court judge said yes to forcing Microsoft to split in two, separating its monopoly …
Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media. On Monday, Judge James Boasberg …
President Trump fired the two Democratic members of the Federal Trade Commission on Tuesday, a rejection of the corporate regulator’s traditional independence that may clear the way for the administration’s agenda. The White House told the Democrats, Rebecca Kelly Slaughter and Alvaro Bedoya, that the president was terminating their roles, …
“Inconsistent with my administration’s priorities” Business leaders and deal makers have already been grappling with a whirlwind of chaos from the Trump administration across various fronts, which they have said has disrupted key decisions. But in many ways, President Trump’s firing of the Federal Trade Commission’s two Democratic commissioners is …
The calls, texts and emails start coming in before 6 in the morning: restaurants, bakeries and others desperate to find eggs. Brian Moscogiuri is an egg broker. A vice president for the wholesale company Eggs Unlimited, he works the phone in his home office in Toms River, N.J., until late …
The nation’s largest association of psychologists this month warned federal regulators that A.I. chatbots “masquerading” as therapists, but programmed to reinforce, rather than to challenge, a user’s thinking, could drive vulnerable people to harm themselves or others. In a presentation to a Federal Trade Commission panel, Arthur C. Evans Jr., …
When the Social Security Administration signed a five-year extension of work-from-home arrangements for tens of thousands of employees in early December, many at the agency expressed relief. But the reprieve may be short-lived. At a news conference two weeks later, President-elect Donald J. Trump railed against the deal and said …
Hong Kong — President-elect Donald Trump has threatened to slap up a tariff of up to 60% on all goods imported to the U.S. from China. While that may sound like a potent economic threat to a country where economic growth is already faltering, could it actually be just what …
Everywhere you go people are complaining about inflation: voters say it’s their number one issue. Enter trustbuster Lina Khan – the youngest chair ever of the Federal Trade Commission – just 32 when she was named. She says much of the blame for the exorbitant prices on everything from food …