Latest in Meta could get broken up in an antitrust case. Why that may be good for its stock.
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Meta could get broken up in an antitrust case. Why that may be good for its stock.
While Meta might prefer to keep its empire intact, spinoffs of its major businesses could unlock shareholder value in a number of ways.MarketWatch - 10h -
The U.S. Wants to Break Up Google and Meta. That Could Be Hard.
For the first time since the late 1990s Microsoft case, federal trials are weighing antitrust breakups, a tactic that harks back to Standard Oil.The New York Times - 11h -
FTC v. Meta Trial: The Future of Instagram and WhatsApp Is at Stake
The blockbuster antitrust case begins Monday. Its outcome could impact how Big Tech companies grow—but the government has a long way to go to prove its case.Wired - 2d -
Meta’s Antitrust Trial Begins as FTC Argues Company Built Social Media Monopoly
Mr. Zuckerberg went to court on Monday in a trial focused on his social media company’s acquisitions of Instagram and WhatsApp. The case could reshape Meta’s business.The New York Times - 1d -
Meta faces antitrust trial that could force it to break off Instagram, WhatsApp
Meta Platforms Inc. faces a historic antitrust trial Monday that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into ...ABC News - 1d -
Landmark antitrust trial could force Zuckerberg to sell Instagram
The case against Facebook owner Meta alleges the company bought Instagram and WhatsApp to wipe out competition.BBC News - 2d -
Meta vs. the FTC: The blockbuster antitrust trial kicks off
Meta will face off against the U.S. Federal Trade Commission Monday in an antitrust trial that could result in the company divesting Instagram and WhatsApp.CNBC - 4d -
Meta’s Antitrust Trial to Put Mark Zuckerberg, Serial Witness, to the Test Again
Meta’s chief has grown accustomed to tough questioning in courts and hearings, but an antitrust trial that started Monday could be more grueling, experts said.The New York Times - 1d -
Could Zuckerberg Be Forced To Sell Instagram?
A landmark legal case begins against social media giant Meta.BBC News - 1d -
Purdue Pharma bankruptcy case frustrates some victims | 60 Minutes
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy caseCBS News - 2d -
Martinelli: Nørgaard 'could have broken my leg'
Arsenal winger Gabriel Martinelli has said Christian Nørgaard "could have broken my leg" and should have been sent off for a late tackle in Saturday's 1-1 draw with Brentford.ESPN - 2d -
FirstFT: Global markets rise after Trump’s temporary tariff exemption for smartphones
Also in today’s newsletter, Meta and FTC in antitrust trial and Theresa May’s Lunch with the FTFinancial Times - 2d -
Meta CEO Mark Zuckerberg Took the Stand in Historic Antitrust Trial
Here’s what happened on the first day of the trial. At issue is Meta’s ownership of Instagram and WhatsApp.Inc. - 13h -
Trump’s Trade War With China Could Be Good for India. But Is It Ready?
While India dreams of becoming a new factory to the world, its manufacturers are struggling to find skilled workers, secure components and overcome red tape.The New York Times - 1d -
Civilian deaths in Sumy attack may force Washington to get tough with Putin
Talks between US and Russia continue unabated as attacks on Ukraine’s cities appear to have stepped up . Even by the warped standards of wartime, Russia’s Sunday morning attack on Sumy was ...The Guardian - 2d -
U.S. Prepares to Challenge Meta’s Social Media Dominance
On Monday, Meta will face off against the federal government in a landmark antitrust trial over claims that it illegally quashed competition by buying Instagram and WhatsApp.The New York Times - 1d -
Capitals' Logan Thompson resumes skating with Aliaksei Protas close to getting back on the ice
The banged-up Washington Capitals could be getting a couple of their most important players back in time for the start of the playoffs or at least sometime in the first round. Goaltender Logan ...Yahoo Sports - 2d -
Cash may feel safe when stocks slide, but it has risks
Investors who shift away from stocks for perceived safe havens like cash are likely sacrificing their well-being decades from now.CNBC - 12h -
Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial
Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018, according to an email presented Tuesday in the FTC's antitrust trial against the company.CNBC - 9h -
Notre Dame's QB competition may need youth movement after Blue-Gold Game
The top three options showed in the Blue-Gold Game why the three-man competition this spring is not only real, but it’s nowhere near its conclusion. Notre Dame’s annual spring scrimmage this year ...Yahoo Sports - 3d -
Meta adds former Trump advisor to its board
Dina Powell McCormick's husband is a Republican senator who received Trump's endorsement, and she served in Trump's first administration.CNBC - 4d -
The curious case of why a billionaire wants to buy Royal Mail
From the end of April, the 500-year-old Royal Mail will be controlled by Czech billionaire Daniel Kretinsky who co-owns a football club - but why does he want it?BBC News - 2d -
Global stock markets up amid Trump tariffs exemptions for electronics
Major stock markets in Asia and Europe rose in Monday trading following the U.S. announcement that key consumer electronics would be temporarily exempted from tariffs.ABC News - 1d -
Did Trump Manipulate the Stock Market?
President Trump’s post on social media caused the stock market to respond in an unusual way. Rob Copeland, a finance reporter for The New York Times, explains whether this could be considered ...The New York Times - 1d -
What to Know About Trump’s Antitrust Efforts Against Tech Giants
The Trump administration will take Meta to court this week, continuing an aggressive effort to rein in the power of the biggest tech companies. Here’s what to know.The New York Times - 2d -
Why kosher-for-Passover Coca-Cola is going viral among non-Jewish shoppers
The product, distinguished by its yellow cap, is made with cane sugar rather than high-fructose corn syrup. Some people can’t get enough.MarketWatch - 2d -
Meta says it will resume AI training with public content from European users
Social media company Meta says that it will start using publicly available content from European users to train its artificial intelligence models, resuming work put on hold last year after privacy ...ABC News - 1d -
Norris feels 'nowhere near' his best as Formula 1 title contest heats up inside McLaren
Lando Norris may be top of the F1 standings but he feels like he's driving “nowhere near” his best and can't work out why. After placing third Sunday at the Bahrain Grand Prix — won by his McLaren ...Yahoo Sports - 2d -
Civil case against influencer Andrew Tate is first of its kind, UK judge told
Four women suing Tate over allegations of sexual violence and coercive control, with trial scheduled for early 2027. A civil case against Andrew Tate over allegations he subjected four women to ...The Guardian - 12h -
‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally
Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’. Business live – latest updates China has played down the risk of ...The Guardian - 1d -
At Trial, Mark Zuckerberg Avoids Explaining Takeovers of Instagram and WhatsApp
The Meta chief executive, testifying in a landmark antitrust trial, denied he was trying to snuff out competitors.The New York Times - 9h -
Why Tariff-Fueled Inflation Fears Could Be Overblown
There’s a greater risk than rising prices from a trade war.Inc. - 17h -
Long ER stays are common in the US. It may get worse as the population ages
An Associated Press and Side Effects Public Media data analysis shows one in six visits to the emergency department in 2022 that resulted in hospital admission had a wait of four or more hoursABC News - 17h -
Civil case against Andrew Tate could be legal first, barrister says
Four women have accused the influencer of rape, assault and coercive control, which he denies.BBC News - 14h -
OpenAI considering its own social network to compete with Elon Musk's X
OpenAI is considering building a social network to compete with Elon Musk's X and Meta's Instagram, a source familiar with the plans confirmed to CNBC.CNBC - 11h -
Abandoned lynx, roaming wild boar, ‘beaver bombing’ – has rewilding got out of hand?
From unauthorised species releases to small groups buying up land, ‘guerrilla rewilding’ is going mainstream. But experts worry that these rogue efforts could do more harm than good. Visions of ...The Guardian - 3d -
The love that dare not speak its name: why I’m coming out as a gay man who loves Taylor Swift | Joe Stone
She is tragically mainstream, allergic to ‘serving’ on the red carpet and certainly hasn’t thrived against the odds. It’s the antithesis of gay culture – so why do I love her?. As a self-evidently ...The Guardian - 14h -
Why traders — and Trump — should thank the SEC
Shorter settlement times may have helped avert serious liquidity problemsFinancial Times - 2d -
What If Mark Zuckerberg Had Not Bought Instagram and WhatsApp?
Meta’s antitrust trial, in which the government contends the company killed competition by buying young rivals, hinges on unknowable alternate versions of Silicon Valley history.The New York Times - 14h -
Faisal Islam: A UK-US deal sounds good but it is all about the detail
Britain is being taxed by US despite having no trade deficit but the UK may have some leverage.BBC News - 16h