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The Latest Breaking News from FTC

Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.

International Business Times

The trial to decide if Meta has to sell Instagram and WhatsApp begins this week. Here’s everything you need to know

Case from Federal Trade Commission will probe if Meta’s acquisitions of Instagram and WhatsApp allowed it to maintain a social media monopoly, putting billions on the line

The Independent UK

Meta Seeks Trump's Help in FTC Trial: The Implications Are Huge

Meta Platforms is gearing up for a huge legal confrontation with U.S. regulators. CEO Mark Zuckerberg is looking for President Trump to call off the dogs.

MarketBeat

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US Takes Aim At Zuckerberg's Social Media Kingdom

Barring any eleventh-hour intervention, social media juggernaut Meta will stand trial next week facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.

International Business Times

US senators seek answers on Google and Microsoft AI deals which may 'discourage competition'

US Senators are worried Microsoft/OpenAI and Google/Anthropic deals could harm market competition.

TechRadar

Zuckerberg Repeats Trump Visits In Bid To Settle Antitrust Case

Meta boss Mark Zuckerberg has made repeated visits to the White House as he tries to persuade US President Donald Trump to settle a major antitrust case before it goes to trial on April 14, US media reported.

International Business Times

Trump Signs Executive Order To Combat Ticket Gouging, As Kid Rock And Industry Leaders Back Reform

The executive order directs key officials, including Treasury Secretary Scott Bessent and U.S. Attorney General Pam Bondi, to ensure full compliance with the tax laws and other regulations regarding ticket scalping.

International Business Times

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Trump welcomes Kid Rock to White House for order targeting ticket scalpers

President Donald Trump invited Kid Rock into the Oval Office and signed an executive order that he says will help curb ticket scalping and bring “commonsense” changes to the way live entertainment events are priced

The Independent UK

Ribera in Washington, Newsletter

This week's key events presented by Euronews' editor in chief for EU news Jeremy Fleming-Jones.

Euronews

Wait, Why TF Is Kim Kardashian Allegedly Suing Lana Del Rey For $1 Million???

Kim Kardashian is allegedly suing singer-songwriter Lana Del Rey for $1M USD over a 2024 ad campaign for Skims.

Pedestrian.tv

Qualcomm launches global antitrust campaign against Arm — accuses Arm of restricting access to technology

Qualcomm has filed complaints with regulators in the U.S., EU, and South Korea, accusing Arm of restricting technology access and shifting its licensing model to undermine competition.

Tom’s Hardware

FBI Issues Urgent Warning Over E-ZPass Text Scam That's Stealing Bank Details Across the US

The FBI has issued a warning about a widespread E-ZPass text scam targeting Americans with fake toll payment messages designed to steal personal and financial data.

International Business Times UK

Trump Fires Democratic FTC Commissioners

The removals challenge Humphrey’s Executor, a Supreme Court precedent that protects independent agency officials from political firings.

Reason

President Trump Targets Humphrey's Executor Directly

President Trump acts to remove two Democratic commissioners from the Federal Trade Commission. Litigation is likely.

Reason

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International Business Times

Trump Purges Democrats From US Federal Trade Commission

One of two Democrats on the US Federal Trade Commission announced Tuesday that President Donald Trump had fired him from the agency, which is intended to guard against unfair business practices.

The Guardian - US

Trump administration briefing: nearly 25,000 fired workers to be rehired; USAid shutdown likely violated constitution

Judge rules that administration’s terminations were illegal; Trump fires only two democratic commissioners at US Federal Trade Commission – key US politics stories from Tuesday at a glance

Roll Call

Trump fires Democratic FTC commissioners Slaughter, Bedoya - Roll Call

Rebecca Kelly Slaughter and Alvaro Bedoya, the two Democrats on the Federal Trade Commission, said they were 'illegally' fired Tuesday.

MarketBeat

Microsoft’s AI Strategy Eases Analyst Concerns—Is It a Buy?

Microsoft was one of the worst-performing technology stocks in the last year, but analysts continue to raise their price targets on news of prudent AI spending

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Reason

Short Circuit: A Roundup of Recent Federal Court Decisions

Intellectual strait jackets, vulgar language, and dodging judicial inquiry.

Investors Business Daily

Amazon Stock Regains Some Ground But Still On Track For Sixth Straight Weekly Decline

Amazon hasn't fallen for this many consecutive weeks since mid-2022.

Tom’s Guide

FTC says Americans lost $12 billion to scams last year and these were the worst ones — here's how to stay safe

Consumers lost billions last year, according to the new annual FTC report.

The Independent UK

FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case

The Federal Trade Commission has walked back comments that a lack of resources is interfering with the agency’s ability to be ready for a September trial over Amazon’s Prime program

Laptop

A years-long scam that began with fake Windows pop-ups ends with PayPal payments

The Federal Trade Commission will pay more than $25.5 million to Windows users deceived by a scam that convinced them to buy so-called “computer repair” software.

TechRadar

Fake jobs and phone calls: How Americans lost $12.5 bn to fraud in 2024

Americans lost $2.5 billion more money to scams in 2024 than the previous year.

International Business Times

Bill Gates Offloads 500K Microsoft And 2.48M Berkshire Hathaway Shares, Portfolio Shrinks By $2.93B In Q4

Bill Gates sold Microsoft and Berkshire Hathaway shares for the second consecutive quarter. Despite the massive sell-off, these two stocks remain his portfolio's top holdings.

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