The US DOJ reaches a settlement in its antitrust lawsuit against Ticketmaster and Live Nation, in a case that alleged an illegal monopoly over US live events
The DOJ reaches a settlement in its antitrust lawsuit against Ticketmaster and Live Nation in a case that alleged an illegal monopoly over live events in the US
Sources: Microsoft putting some of its top titles on Xbox Game Pass is cutting into its higher-margin game sales, giving up $300M+ in Call of Duty sales in 2024
Microsoft Corp.'s Xbox division surprised many video game enthusiasts this week when the company announced a 50% price hike …
Sen. Josh Hawley calls for a congressional probe into Meta after a report on its AI policy allowing sensual chats with kids; Sen. Marsha Blackburn backs a probe
Two Republican U.S. senators called for a congressional investigation into Meta Platforms (META.O) on Thursday …
Lina Khan cites Figma IPO as vindication of M&A scrutiny, saying letting startups grow independently, rather than be acquired, can generate “enormous value”
not because state harassment helped! [image] LinkedIn: Yuliya Chernova : “Figma isn't just any VC-backed tech IPO. It is a behemoth. There's a very small list of VC-backed compan...
The Marin Community Foundation sold 13.4M+ Figma shares for $440M+ in the IPO; source: the foundation had received the shares from Figma co-founder Evan Wallace
As Figma went public this week to much fanfare—and an almost instantaneous 250% stock pop—quite a few folks from Silicon Valley made money. X: @ajs X: Alyson Shontell / @ajs : Figm...
A US appeals court blocks the FTC's “click-to-cancel” rule that would have taken effect on July 14, saying it didn't conduct a preliminary cost-benefit analysis
A U.S. appeals court blocked a rule that would have required businesses to make it as easy to cancel subscriptions …
Apple updates its App Store Guidelines to comply with a US judge's April 30 Epic injunction, letting app developers link to external payment methods in the US
Apple has officially updated the App Store Guidelines to comply with yesterday's injunction handed down in its legal case with Epic Games.
Airbnb now shows the full cost of a stay, excluding taxes, in search results by default; a Biden-era FTC rule on “junk fees” is set to go into effect on May 12
Even the Sneaky Fees Fortune : Airbnb will now show you the full price for a stay by default so you know exactly what you'll be paying for upfront AJ Dellinger / Gizmodo : Airbnb t...
Biden names Lina Khan, an antitrust expert who wrote the “Amazon Antitrust Paradox”, as FTC chair, after the Senate voted 69-28 to confirm her as commissioner
Ms. Khan, who first attracted notice as a critic of Amazon, was confirmed by the Senate as a commissioner on the agency on Tuesday.
Biden announces his intent to nominate Lina Khan, a legal scholar and leading voice in the growing tech antitrust movement, to serve as an FTC commissioner
Khan brought Big Tech scrutiny mainstream — President Joe Biden has announced his intent to nominate Lina Khan …
Amazon says it is buying 11 used Boeing 767-300 planes from Delta and WestJet, the first time the company has purchased aircraft for its air cargo operation
Matt Day / Bloomberg :
A look at allegations in Texas AG's antitrust suit, accusing Google of giving Facebook special privileges in exchange for not supporting a competing ad system
A new antitrust case against Google alleges that the two companies made a deal to reduce competition in online advertising.
FTC, in coalition with 46 state AGs, plus Guam and DC, sues Facebook, alleging Instagram and WhatsApp acquisitions were used to stifle competition
Agency challenges Facebook's multi-year course of unlawful conduct — The Federal Trade Commission today sued Facebook …