The company’s acquisition practices are the main focus of the probe, as the FTC looks into Facebook buying technology-based startups to keep them from challenging it, the report said. Facebook has purchased dozens of companies over the years, including messaging company WhatsApp and image sharing platform Instagram.Facebook last week said the FTC had opened an antitrust investigation in June looking into the areas of “social networking or social media services, digital advertising, and/or mobile or online applications.”Facebook shares were down 0.7%.
Both FTC and Facebook declined to comment on the report.The U.S. Justice Department said on July 23 it was opening a broad investigation of major digital technology firms, looking into whether they engage in anticompetitive practices,…
Washington nonetheless plans to move forward this week with a bid to add as many as nine other Chinese companies to the list, one of the people said.The decision to shelve plans to add the Chinese tech giants is a blow to China hawks in the administration, who have been seeking to cement outgoing President Donald Trump’s tough-on-China legacy before his presidency ends on Jan. 20.
E-commerce giant Alibaba, search engine giant Baidu and video game leader Tencent, which owns messaging app WeChat, were on the short list to be added to a catalogue of alleged Chinese military companies, which would have subjected them to a new U.Sคำพูดจาก สล็อตเว็บตรง. investment ban.But T…
More than 580 tonnes of goods were found in 206 shipping containers on the outskirts of Manchester with police calling the seizure the largest in UK history, the largest in Europe in nearly two decades and one of the biggest ever worldwide.Counterfeits remain a huge problem for the fashion and beauty industries and reports said the find included “monumental quantities” of fake designer clothing. Meanwhile the discovery also led to factories that were making fragrances and the scary thing was that they were using chemicals including screen wash and white spirit.
It took two weeks for more than 100 officials to crack open the containers and process all the items discovered.An investigation is now under way to trace the source of the haul and to ensure those involved are arrested…