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Tag: US Federal Trade Commission

Meta (Facebook) asked a federal judge to throw out the US Federal Trade Commission's case accusing it of an illegal social media monopoly.
Technology
  • Reuters
  • May 16, 2025
Meta asks judge to rule that FTC failed to prove its monopoly case

If granted, the request for a ruling on the evidence so far would bring a quicker end to the case.

executive order
World
  • Reuters
  • May 12, 2025
Trump calls for broad drug price cuts in executive order, wants at least 59pc drop

The order gives drugmakers price targets in the next 30 days, and will take further action to lower prices if those companies do not make “significant progress” towards those goals within six months.

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.
Technology
  • 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.

Canada mandated that TikTok halt its operations in the country, citing its national security concerns linked to the platform and its parent company, ByteDance.
Technology
  • Reuters
  • Jun 22, 2024
US lawsuit against TikTok to focus on children’s privacy

The probe is separate from ongoing concerns in Congress about the potential that the data of TikTok’s 170 million U.S. users could be improperly accessed by the Chinese government.

Latest

Pete Hegseth has issued a deadline to Anthropic, urging the firm to reconsider safety restrictions on its artificial intelligence systems used by the US military.
  • Web
  • 5 Hours ago
Pentagon gives Anthropic deadline to ease AI safeguards
Macron accepts Louvre chief’s resignation after $102mn jewel heist
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  • 6 Hours ago
Macron accepts Louvre chief’s resignation after $102mn jewel heist
CDA approves urban regeneration plan for recognised katchi abadis
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  • 7 Hours ago
CDA approves urban regeneration plan for recognised katchi abadis
US travel groups, lawmakers urge Trump to resume global entry programme
  • Web Desk
  • 7 Hours ago
US travel groups, lawmakers urge Trump to resume global entry programme
Pakistan, Qatar reaffirm strategic partnership in high-level meeting
  • Web Desk
  • 7 Hours ago
Pakistan, Qatar reaffirm strategic partnership in high-level meeting
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