Federal Trade Commission Will Settle With Facebook For About $5 Billion
5 years, 6 months ago

Federal Trade Commission Will Settle With Facebook For About $5 Billion

NPR  

Federal Trade Commission Will Settle With Facebook For About $5 Billion The FTC has approved a $5 billion settlement with Facebook that could end an investigation into the tech giant's privacy practices. NPR's Ari Shapiro speaks to Emily Glazer of The Wall Street Journal. ARI SHAPIRO, HOST: The Federal Trade Commission will settle with Facebook for about $5 billion according to The Wall Street Journal. Unfortunately we don't know too much about the terms right now, but a big sticking point for months was whether or not Mark Zuckerberg, the founder and head of Facebook, would be named and any kind of governance that could be action that could change, and we don't know where that stands right now.

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History of this topic

Facebook owner hit with 251 million euros in fines for 2018 data breach
4 weeks, 1 day ago

Facebook owner hit with 251 million euros in fines for 2018 data breach

Associated Press  

LONDON — European Union privacy watchdogs hit Facebook owner Meta with fines totaling 251 million euros on Monday after an investigation into a 2018 data breach on the social media platform that exposed millions of accounts. Ireland’s Data Protection Commission issued the penalties after wrapping up its inquiry into the breach, when hackers gained access to user accounts by exploiting …

Court allows multi-billion dollar lawsuit against Meta; privacy breach comes back to haunt Zuckerberg
1 month, 3 weeks ago

Court allows multi-billion dollar lawsuit against Meta; privacy breach comes back to haunt Zuckerberg

Firstpost  

This brings yet another legal challenge for Meta and its CEO, Mark Zuckerberg, stemming from the misuse of 87 million Facebook users’ data during the 2016 US presidential campaign The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The high …

Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case
1 year, 1 month ago

Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case

The Hindu  

The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18. In a lawsuit filed late Wednesday in federal court in Washington, D.C., Meta Platforms Inc. said it …

Facebook users can apply for their portion of a $725 million lawsuit settlement
1 year, 8 months ago

Facebook users can apply for their portion of a $725 million lawsuit settlement

NPR  

Facebook users can apply for their portion of a $725 million lawsuit settlement Enlarge this image toggle caption Tony Avelar/AP Tony Avelar/AP Facebook users can now apply for their share of a $725 million privacy lawsuit settlement if they had accounts from May 2007 to December 2022. Facebook's parent company, Meta, is doling out the payments to settle a lawsuit …

Are You A Facebook User? You Could Get Some Settlement Cash
1 year, 8 months ago

Are You A Facebook User? You Could Get Some Settlement Cash

Huff Post  

LOADING ERROR LOADING Anyone in the U.S. who has had a Facebook account at any time since May 24, 2007, can now apply for their share of a $725 million privacy settlement that parent company Meta has agreed to pay. Meta is paying to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal …

Free cash coming to Facebook users. Here’s how to claim your share
1 year, 8 months ago

Free cash coming to Facebook users. Here’s how to claim your share

LA Times  

Facebook has agreed to pay $725 million to settle a class-action lawsuit. A federal judge has tentatively approved an agreement between Facebook’s parent company, Meta, and lawyers for U.S. Facebook users to settle multiple class-action lawsuits brought in the wake of the Cambridge Analytica scandal in 2018. Final approval of the settlement isn’t expected for several months, but the preliminary …

Facebook parent Meta will pay $725M to settle user data case
2 years ago

Facebook parent Meta will pay $725M to settle user data case

The Hindu  

Facebook’s corporate parent has agreed to pay $725 million to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s victorious presidential campaign in 2016. The case sprang from 2018 revelations that Cambridge Analytica, a firm with ties to Trump political …

Facebook parent Meta will pay $725M to settle user data case
2 years ago

Facebook parent Meta will pay $725M to settle user data case

Associated Press  

SAN FRANCISCO — Facebook’s corporate parent has agreed to pay $725 million to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s victorious presidential campaign in 2016. The case sprang from 2018 revelations that Cambridge Analytica, a firm with ties …

Facebook owner Meta to pay biggest ever fine of its kind over data privacy
2 years ago

Facebook owner Meta to pay biggest ever fine of its kind over data privacy

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Facebook owner Meta will pay the biggest ever fine over accusations it gave …

Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million
2 years ago

Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million

Live Mint  

Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. The proposed settlement, which was disclosed in a court filing late on Thursday, would resolve a long-running lawsuit prompted by revelations in 2018 that Facebook had allowed …

Facebook parent Meta will pay $725M to settle a privacy suit over Cambridge Analytica
2 years ago

Facebook parent Meta will pay $725M to settle a privacy suit over Cambridge Analytica

NPR  

Facebook parent Meta will pay $725M to settle a privacy suit over Cambridge Analytica Enlarge this image toggle caption Marcio Jose Sanchez/AP Marcio Jose Sanchez/AP Facebook parent company Meta has agreed to pay $725 million to settle a class-action lawsuit claiming it improperly shared users' information with Cambridge Analytica, a data analytics firm used by the Trump campaign. This is …

Facebook agrees to settle Cambridge Analytica privacy suit
2 years, 4 months ago

Facebook agrees to settle Cambridge Analytica privacy suit

The Hindu  

Facebook has reached a preliminary agreement in a long-running lawsuit seeking damages from the social network for allowing third parties, including the company Cambridge Analytica, to access users' private data. In a lawsuit initiated in 2018, Facebook users accused the social network of violating privacy rules by sharing their data with third parties including the firm Cambridge Analytica, which was …

Facebook parent settles suit in Cambridge Analytica scandal
2 years, 4 months ago

Facebook parent settles suit in Cambridge Analytica scandal

Associated Press  

SAN FRANCISCO — Facebook’s corporate parent has reached a tentative settlement in a lawsuit alleging the world’s largest social network service allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s victorious presidential campaign in 2016. Terms of the settlement reached by Meta Platforms, the holding company for Facebook and Instagram, …

Meta reaches $37.5 million settlement of Facebook location tracking lawsuit
2 years, 4 months ago

Meta reaches $37.5 million settlement of Facebook location tracking lawsuit

The Hindu  

Meta Platforms Inc. reached a $37.5 million settlement of a lawsuit accusing the parent of Facebook of violating users' privacy by tracking their movements through their smartphones without permission. It resolved claims that Facebook violated California law and its own privacy policy by gathering data from users who turned off Location Services on their mobile devices. In June 2018, Facebook …

Meta’s Facebook to pay $90 million to settle privacy lawsuit over user tracking
2 years, 11 months ago

Meta’s Facebook to pay $90 million to settle privacy lawsuit over user tracking

Live Mint  

Facebook agreed to pay $90 million to settle a decade-old privacy lawsuit accusing it of tracking users' internet activity even after they logged out of the social media website. Users accused the Meta Platforms Inc unit of violating federal and state privacy and wiretapping laws by using plug-ins to store cookies that tracked when they visited outside websites containing Facebook …

Facebook fined $70 mln in Britain for breaching order in Giphy deal
3 years, 2 months ago

Facebook fined $70 mln in Britain for breaching order in Giphy deal

The Hindu  

Britain's competition regulator has fined Facebook 50.5 million pounds for breaching an order imposed during its investigation into the U.S. social media giant's purchase of GIF platform Giphy, the agency said on Wednesday. The CMA said Facebook had failed to provide full updates about its compliance with requirements to continue to compete with Giphy and not integrate its operations with …

Facebook fined $70 million for ‘deliberate’ failure to comply with UK regulator
3 years, 2 months ago

Facebook fined $70 million for ‘deliberate’ failure to comply with UK regulator

CNN  

London CNN Business — The UK competition regulator has slapped Facebook with a $70 million fine for repeatedly ignoring warnings and deliberately breaking its rules. The Competition and Markets Authority said in a statement Wednesday that Facebook had “consciously” refused to report all the required information during an investigation of the tech giant’s acquisition of online database Giphy. The tech …

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly
3 years, 4 months ago

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly

NPR  

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly Enlarge this image toggle caption Lionel Bonaventure/AFP via Getty Images Lionel Bonaventure/AFP via Getty Images The Federal Trade Commission is taking another swing at Facebook after a judge tossed out its initial effort in June, with a new complaint accusing the social media giant of illegally maintaining a monopoly by …

FTC says Facebook misused privacy decree to shut down ad research
3 years, 5 months ago

FTC says Facebook misused privacy decree to shut down ad research

The Hindu  

The U.S. Federal Trade Commission criticized Facebook Inc on Thursday for making "misleading claims" to explain why it had disabled the accounts of researchers studying political ads on the social media platform. The FTC posted a letter to Facebook CEO Mark Zuckerberg saying that it was "inaccurate" that the company's actions were required under the 2019 consent decree. "The FTC …

Facebook Hits $1 Trillion Value After US Judge Rejects Anti-Trust Complaints
3 years, 6 months ago

Facebook Hits $1 Trillion Value After US Judge Rejects Anti-Trust Complaints

News 18  

A US judge on Monday dismissed federal and state antitrust complaints against Facebook that sought to force the social media company to sell Instagram and WhatsApp, saying the federal complaint was “legally insufficient.” Facebook shares rose more than 4 percent after the ruling. A spokesperson for the New York Attorney General’s office said it was “considering our legal options.” Facebook …

Judge dismisses gov’t antitrust lawsuits against Facebook
3 years, 6 months ago

Judge dismisses gov’t antitrust lawsuits against Facebook

Associated Press  

WASHINGTON — A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. New York Attorney General Letitia James said when filing the suit that Facebook “used its monopoly power to crush smaller rivals and …

Facebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint
3 years, 6 months ago

Facebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint

CNN  

CNN Business — A federal court has dismissed the Federal Trade Commission’s antitrust complaint against Facebook, saying the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking. In an opinion published Monday afternoon, Judge James Boasberg of the US District Court for the District of Columbia held that the …

Judge approves $650M Facebook privacy lawsuit settlement
3 years, 10 months ago

Judge approves $650M Facebook privacy lawsuit settlement

Associated Press  

SAN FRANCISCO — A federal judge on Friday approved a $650 million settlement of a privacy lawsuit against Facebook for allegedly using photo face-tagging and other biometric data without the permission of its users. “It will put at least $345 into the hands of every class member interested in being compensated,” he wrote, calling it “a major win for consumers …

US government sues Facebook and demands it’s dismantled for ‘unfairly’ crushing competition
4 years, 1 month ago

US government sues Facebook and demands it’s dismantled for ‘unfairly’ crushing competition

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The US government has …

Facebook antitrust lawsuit: Dozens of states and the FTC sue company for alleged anticompetitive behavior
4 years, 1 month ago

Facebook antitrust lawsuit: Dozens of states and the FTC sue company for alleged anticompetitive behavior

CNN  

CNN Business — Dozens of states and the federal government sued Facebook on Wednesday in twin antitrust lawsuits, alleging that the social media giant has abused its dominance in the digital marketplace and engaged in anticompetitive behavior. Wednesday’s legal action makes Facebook the second global tech company to be taken to court by US and state government officials this year …

Facebook may face antitrust charges from the US
4 years, 2 months ago

Facebook may face antitrust charges from the US

India Today  

The social media giant Facebook may face antitrust charges from the US as early in November, 2020. On the other hand, the state attorneys general under the leadership of New York’s Letitia James have been scrutinizing Facebook for potential threats to competition. Although Facebook's Mark Zuckerberg in August said that he was interviewed at an FTC investigative hearing as part …

Facebook wins preliminary approval to settle facial recognition lawsuit
4 years, 4 months ago

Facebook wins preliminary approval to settle facial recognition lawsuit

The Hindu  

Facebook Inc won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The social media company had in July raised its settlement offer by $100 million to $650 million in relation to the lawsuit, in which Illinois users accused …

Facebook to pay moderators $52M for psychological damages
4 years, 8 months ago

Facebook to pay moderators $52M for psychological damages

Associated Press  

Facebook has agreed to pay $52 million to its content moderators whose job has them viewing graphic and disturbing posts and videos on its platforms. In a 2018 lawsuit, third-party contractors for the company said that Facebook failed to properly protect them against severe psychological and other injuries that can result from repeated exposure to graphic material such as child …

Facebook slapped with a lawsuit for broken federal privacy law by a Canadian agency
4 years, 11 months ago

Facebook slapped with a lawsuit for broken federal privacy law by a Canadian agency

Firstpost  

The announcement from the OPC on the lawsuit warned that the legal proceedings ‘may be lengthy’. Canada’s privacy commissioner asked a federal court to declare that Facebook had broken federal privacy law for the private sector, according to a notice of application filed on Thursday. The application also asked for an order requiring Facebook to “implement effective, specific and easily …

Facebook's facial recognition lawsuit settlement stirs conversation about 'biometric privacy'
4 years, 11 months ago

Facebook's facial recognition lawsuit settlement stirs conversation about 'biometric privacy'

Firstpost  

Facebook agreed to pay $550 million to settle a case alleging it illegally collected biometric information for ‘face tagging’. Facebook’s massive settlement in a class-action case over violating a state law on how it uses facial recognition is being hailed as a watershed moment for “biometric privacy.” The leading social network said Wednesday it agreed to the $550 million payout …

California reveals Facebook probe, accuses company of hampering the investigation
5 years, 2 months ago

California reveals Facebook probe, accuses company of hampering the investigation

Firstpost  

Some states have raised concerns that Facebook and other tech companies engage in anti-competitive practices. California’s investigation began in 2018 as a probe into the Cambridge Analytica scandal but “expanded over time to an investigation into whether Facebook has violated California law, by among other things, deceiving users and ignoring its own policies in allowing third parties broad access to …

Facebook to pay 500,000 pound penalty in UK over Cambridge Analytica scandal
5 years, 2 months ago

Facebook to pay 500,000 pound penalty in UK over Cambridge Analytica scandal

Firstpost  

Data from at least 1 million British users had been harvested and used for political purposes. Facebook has agreed to pay a 500,000 pound fine for breaches of data protection law related to the harvesting of data by consultancy Cambridge Analytica, Britain’s information rights regulator said on Wednesday. The Information Commissioner’s Office issued the small but symbolic fine last year …

Facebook can’t be taken down, but Zuckerberg can be taken down a notch
5 years, 4 months ago

Facebook can’t be taken down, but Zuckerberg can be taken down a notch

The Hindu  

This is a blog post from It is hard to associate Facebook and most of Big Tech with anything positive right now. It’s not perfect in concept, hasn’t been released yet, and does not do nearly enough to calm concerns around Facebook’s conduct towards user privacy. Zuckerberg has in fact admitted to Facebook’s power on free speech itself, stating, “Lawmakers …

Facebook loses facial recognition technology appeal, must face class action
5 years, 5 months ago

Facebook loses facial recognition technology appeal, must face class action

Firstpost  

By Jonathan Stempel - A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent. Circuit Court of Appeals in San Francisco exposes Facebook to billions of dollars in potential damages to the Illinois users who brought the case …

Did Facebook CEO Mark Zuckerberg Intend To Deceive?
5 years, 5 months ago

Did Facebook CEO Mark Zuckerberg Intend To Deceive?

NPR  

Did Facebook CEO Mark Zuckerberg Intend To Deceive? "We cut off this investigation too early, Facebook was willing to pay more money in order to hide Mark Zuckerberg's testimony from this investigation," he says. "Facebook fully cooperated with the FTC's investigation and provided tens of thousands of documents, files and emails—including from Mark Zuckerberg," Colin Stretch, Facebook's general counsel, said …

Are Facebook users better off after its $5 billion fine?
5 years, 5 months ago

Are Facebook users better off after its $5 billion fine?

Associated Press  

If you’re one of Facebook’s more than 2 billion users, are you any better off now than you were before the Federal Trade Commission imposed new privacy restrictions and a $5 billion fine on the company this week? There’s no easy advice to give individuals about any switch they can flip to make the privacy risks go away.” Richardson said …

Facebook's record $5 billion fine to the FTC does not mean that the company is in the clear
5 years, 5 months ago

Facebook's record $5 billion fine to the FTC does not mean that the company is in the clear

Firstpost  

Facebook faces a series of other investigations into its privacy practices in Europe as well. Ashkan Soltani, a former FTC chief technologist, said the settlement was effectively “a get-out-of-jail-free card for Facebook.” The deal absolves Facebook of any consumer-protection claims prior to June 12 of this year, a highly unusual step that effectively wipes the slate clean where known historical …

Record Facebook fine won’t end scrutiny of the company
5 years, 5 months ago

Record Facebook fine won’t end scrutiny of the company

Associated Press  

SAN FRANCISCO — Facebook survived its latest brush with U.S. privacy regulators, at the cost of a record $5 billion fine and other restrictions imposed by the Federal Trade Commission. Ashkan Soltani, a former FTC chief technologist, said the settlement was effectively “a get-out-of-jail free card for Facebook.” The deal absolves Facebook of any consumer-protection claims prior to June 12 …

$5 billion fine doesn’t mark the end of Facebook’s troubles
5 years, 5 months ago

$5 billion fine doesn’t mark the end of Facebook’s troubles

Associated Press  

Facebook will pay a $5 billion fine for privacy violations and will be subject to broader oversight, but ongoing probes in Europe and the U.S. could present even bigger headaches for the company. — U.S. Federal Trade Commission Though the privacy matter is settled, Facebook disclosed Wednesday that the FTC is investigating the company separately for antitrust issues. — Irish …

Privacy case settled, Facebook discloses FTC antitrust probe
5 years, 5 months ago

Privacy case settled, Facebook discloses FTC antitrust probe

Associated Press  

SAN FRANCISCO — Facebook says it is under antitrust investigation by the Federal Trade Commission. Though that agency didn’t name any companies, broad antitrust concerns have long swirled around Apple, Amazon, Facebook and Google. Following on Facebook’s public disclosure, the FTC confirmed the antitrust probe, but would not give details such as how long the probe has been underway. Facebook …

Facebook will be paying a $5 billion settlement for its privacy violations
5 years, 5 months ago

Facebook will be paying a $5 billion settlement for its privacy violations

Firstpost  

The FTC said Zuckerberg or others filing a false certification could face civil and criminal penalties. “Despite repeated promises to its billions of users worldwide that they could control how personal information is shared Facebook undermined consumers’ choices,” said FTC Chairman Joe Simons, a Republican, in a statement. Under the settlement, Facebook’s board will create an independent privacy committee that …

Facebook to pay record $5 billion US fine over privacy violations but critics call it a bargain
5 years, 5 months ago

Facebook to pay record $5 billion US fine over privacy violations but critics call it a bargain

Live Mint  

WASHINGTON :Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the US Federal Trade Commission said on Wednesday. "Despite repeated promises to its billions of users worldwide that they could control how personal information is shared Facebook undermined consumers' choices," …

Facebook set to pay $5 billion fine for privacy violations
5 years, 5 months ago

Facebook set to pay $5 billion fine for privacy violations

The Hindu  

The Federal Trade Commission is set to announce on Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said. Facebook Chief Executive Mark Zuckerberg will have to certify every three months that the company is properly safeguarding user privacy, a person briefed on …

Facebook hit with a fine of $5 billion over privacy violations by FTC
5 years, 5 months ago

Facebook hit with a fine of $5 billion over privacy violations by FTC

India Today  

The Federal Trade commission on Wednesday, July 24, 2019 imposed a record fine of $5 billion on Facebook after a year-long investigation into the social media giant's involvement in the Cambridge Analytica scandal and other privacy violations. "Facebook Inc will pay a record-breaking $5 billion penalty, and submit to new restrictions and a modified corporate structure that will hold the …

Facebook fine: Company to pay an unprecedented $5 billion over privacy breaches
5 years, 5 months ago

Facebook fine: Company to pay an unprecedented $5 billion over privacy breaches

CNN  

Washington CNN Business — The Federal Trade Commission announced a $5 billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive troves of personal data and mishandled its communications with users. The settlement resolves a formal complaint by the FTC alleging that Facebook “used deceptive disclosures and settings” that eroded …

Facebook tops revenue estimates as FTC opens new antitrust probe
5 years, 5 months ago

Facebook tops revenue estimates as FTC opens new antitrust probe

LA Times  

Facebook Inc. is still adding users and exceeding analysts’ estimates for advertising sales, showing that the size and power of its social network have so far been unhindered by new regulatory constraints and criticism of its business model. In its second-quarter earnings report, the company also disclosed that the U.S. Federal Trade Commission, which earlier Wednesday announced the settlement of …

Column: In Facebook settlement, the FTC lets the company and Zuckerberg off the hook
5 years, 5 months ago

Column: In Facebook settlement, the FTC lets the company and Zuckerberg off the hook

LA Times  

In announcing the record-breaking $5-billion fine against Facebook for its relentless privacy violations, Federal Trade Commission Chairman Joe Simons and his two Republican colleagues on Wednesday pronounced themselves “extremely proud” of the settlement. That’s because the “conduct relief” that the FTC imposed on Facebook will be plainly ineffective and easy for the company to subvert, and Facebook’s management, including Chairman …

Facebook expected to settle SEC claims with $5 billion fine and a privacy panel
5 years, 5 months ago

Facebook expected to settle SEC claims with $5 billion fine and a privacy panel

India Today  

The Federal Trade Commission on Wednesday is set to announce that Facebook has agreed to settle claims of significant privacy lapses with the federal regulator. As a part of the settlement with the regulators, the social media giant is expected to pay a fine of $5 billion, which is largest fine to levied by the organisation on a US based …

Column: If a $5-billion fine won’t shake Facebook, what can bring it to heel?
5 years, 5 months ago

Column: If a $5-billion fine won’t shake Facebook, what can bring it to heel?

LA Times  

Let’s talk about big numbers. Facebook’s stock price spiked at the close of trading on July 12, when word leaked that the Federal Trade Commission would fine the company a mere $5 billion for privacy breaches. use powerful tools they don’t understand, like monetary policy, to jeopardize hardworking Americans’ ability to provide for their families.” Technology and the Internet Column: …

Tech giants to face US hearings on anti-trust, cryptocurrency
5 years, 6 months ago

Tech giants to face US hearings on anti-trust, cryptocurrency

India TV News  

Apple, Google, Amazon and Facebook are set to face two US House hearings on anti-trust issues and Facebook's planned cryptocurrency Libra. Also, read:Chandrayaan 2: ISROs Moon mission and how lander 'Vikram' will touchdown the lunar surface On Tuesday, the House Committee on Judiciary will discuss anti-trust issues while the Senate Banking Committee will discuss Facebook's digital currency 'Libra' that is …

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