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Tag: antitrust scrutiny

: Meta CEO Mark Zuckerberg considered spinning off popular photo-sharing app Instagram in 2018 in anticipation of possible antitrust scrutiny, according to a document shown at a trial in Washington, D.C., on Tuesday.
Latest
  • WEB DESK
  • Apr 16, 2025
Meta’s Zuckerberg eyed Instagram spin-off amid antitrust scrutiny

The document was shown during Zuckerberg’s second day of testimony at the high-stakes trial, in which the US Federal Trade Commission is seeking to unwind Meta’s acquisitions of prized assets Instagram and WhatsApp.

Microsoft has given up its board observer seat at OpenAI in a move aimed at easing US and UK antitrust regulators' concerns about the extent of its control over the AI startup amid the soaring popularity of generative artificial intelligence.
Latest
  • Reuters
  • Jul 11, 2024
Microsoft ditches OpenAI board observer seat

The move shows Microsoft sees significant potential antitrust exposure and is trying to get ahead of it, the FTC source said.

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Who was Lindsey Graham? A look at the life and career of the longtime US senator
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