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For the past three weeks, the Justice Department and Google have questioned more than two dozen witnesses to try to sway a federal judge’s decision over how to address the company’s illegal monopoly in internet search. On Friday, that hearing in the U.S. District Court for the District of Columbia is expected to conclude. To…
A federal judge ruled on Wednesday that Apple must loosen its grip on its App Store and stop collecting a commission on some app sales, capping a five-year antitrust case brought by Epic Games that aimed to change the power that Apple wields over a large slice of the digital economy. The judge, Yvonne Gonzalez…
Meta said on Wednesday that it expected to see strong revenue growth in its advertising business in the coming months, even as President Trump’s tariffs threaten to batter the global economy. The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, also reported rising revenue and profit for the first quarter, buoyed by Instagram and…
Google might be threatened with a breakup after losing two antitrust cases, but in the meantime it can console itself with piles of money. Alphabet, Google’s parent company, posted results on Thursday that included a large jump in profit. Net income for the first quarter was $34.54 billion, up from $23.66 billion a year earlier….
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 Windows operating system from its…
In a second day on the stand of a landmark antitrust trial, Mark Zuckerberg, the chief executive of Meta, said he bought Instagram and WhatsApp because it was difficult to build new apps and dodged questions about whether he was trying to snuff out competitive threats to his company. “Building a new app is hard,”…
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 Windows operating system from its…
The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off a landmark antitrust trial that could dismantle a social media empire that has transformed how the world connects online. In a packed courtroom in the U.S. District Court of the…
In 2012, when Facebook chief executive Mark Zuckerberg cut a $1 billion check to buy the photo-sharing app Instagram, most people thought he had lost his marbles. “A billion dollars of money?” joked Jon Stewart, then the host of The Daily Show. “For a thing that kind of ruins your pictures?” Mr. Stewart called the…
The Trump administration isn’t letting up on the tech giants. On Monday, the Federal Trade Commission will face off with Meta in court over claims that the social media giant snuffed out nascent competitors when it bought Instagram and WhatsApp. And on April 21, the Justice Department will argue that a federal judge should force…
