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12:09 p.m. June 15, 2021 - By Victor Reklaitis
Big Tech critic Lina Khan to chair FTC: reportsLina Khan, a critic of Big Tech companies, is expected to chair the Federal Trade Commission, according to multiple published reports. The 32-year-old Khan, who was , currently teaches at Columbia Law School and is well known for a paper on Amazon.com Inc. and antitrust. Democratic Sen. Elizabeth Warren of Massachusetts praised the news , saying: "With Chair Khan at the helm, we have a huge opportunity to make big, structural change by reviving antitrust enforcement and fighting monopolies that threaten our economy, our society, and our democracy."
7:50 a.m. April 27, 2021 - By Victor Reklaitis
All of President Biden’s key executive orders — in one chart Memorandums, proclamations, other executive actions also deployed Memorandums, proclamations, other executive actions also deployed As people and markets around the world adjust to having Joe Biden as U.S. president, a key factor is what the veteran Democratic politician aims to accomplish without having to work with Congress.
11:32 a.m. March 22, 2021 - By Robert Schroeder
Biden to nominate antitrust expert Lina Khan as FTC commissionerPresident Joe Biden announced Monday he'll nominate Lina Khan as a commissioner of the Federal Trade Commission. Khan is currently an associate professor at Columbia Law School, specializing in antitrust, infrastructure industries law and the antimonopoly tradition, the White House said. Khan previously advised the U.S. House Judiciary Committee's antitrust subcommittee.
2:09 a.m. Nov. 18, 2020 - MarketWatch
Apple halves app store fee for smaller developersApple Inc. is halving the commission it charges smaller developers that sell software through its App Store, a partial concession in its battle with critics over how it wields power in its digital ecosystem.
4:53 a.m. Oct. 17, 2020 - By Jonathan Burton
Jim Steyer: Only a breakup of Facebook and controls on social media can reduce disinformation and lies on the internet Neither Big Tech’s response nor the law have been strong enough to shield users from harm, says the founder of Common Sense MediaNeither Big Tech’s internal response nor the law have been strong enough to shield users from harm, says the founder of Common Sense Media.
4:48 a.m. Oct. 10, 2020 - By Jon Swartz
If the Democrats win the Senate, Big Tech better be ready for a bigger fight Senators set to become leaders under a Democrat majority have sought to establish new antitrust law, break up tech companies Democratic senators have signaled a willingness to make substantial changes to antitrust law and advocate breakups of the largest American tech companies, including campaigning for president on the issue. If the party can flip four seats, those same senators — such as Amy Klobuchar of Minnesota and Elizabeth Warren of Massachusetts — could be in position to act against some of their favorite targets, including Facebook Inc. and Google parent Alphabet Inc.
1:21 p.m. Oct. 1, 2020 - By Jon Swartz
Here’s where Biden and Trump stand on antitrust, social media and other tech issues No matter who wins the presidential race, expect Big Tech to continue to be a target for Republicans and Democrats alikePresident Donald J. Trump and former Vice President Joseph R. Biden Jr. don’t agree on many issues, but they do share a wariness toward Big Tech that should maintain or even escalate antitrust scrutiny of the largest U.S. tech companies no matter who wins on Nov. 3.
4:19 a.m. Sept. 12, 2020 - By Jon Swartz
Big Tech is turning on one another amid antitrust probes and litigation Facebook and Microsoft are mad at Apple, Google and Amazon are being targeted by high-profile tech execs, and everybody wonders why Microsoft is avoiding any scrutiny“Battle royale” evokes images of professional wrestlers engaged in a free-for-all brawl in which combatants eventually turn on one another until there is an eventual winner. With apologies to Hulk Hogan and Andre the Giant, Big Tech is taking on the same trappings as companies turn on one another amid multiple antitrust investigations and issues.
5:27 a.m. Aug. 22, 2020 - By Jon Swartz
Will videogames be the Achilles heel for Apple, Google in antitrust investigations? As gaming has grown in stature during the pandemic, it has highlighted the extraordinary grip Big Tech has over the everyday lives of Americans. So much so, it just might lead to breakthroughs in antitrust investigations“This is an inflection point, and the start of a long-running debate on how these platforms push us right to the edge of what we are willing to pay,” James Currier, managing partner at NFX, a Silicon-Valley-based venture capital firm.
6:51 a.m. Aug. 18, 2020 - By Jon Swartz
‘Fortnite’s’ impact could be Epic on antitrust investigations of Big TechPrivately held Epic could prove to be Apple’s most dangerous antagonist, both financially and symbolically.
1:32 p.m. Aug. 11, 2020 - Associated Press
Appeals court overturns antitrust ruling against Qualcomm, in big win for chip maker Earlier ruling would have severely undercut its businessA federal appeals court has overturned an antitrust ruling against Qualcomm, dismissing arguments that it unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple.
9:02 a.m. Aug. 11, 2020 - By Wallace Witkowski
Qualcomm stock rallies on report of appeals court tossing out antitrust rulingQualcomm Inc. shares rallied Tuesday following a report that a U.S. appeals court overturned an antitrust ruling against the chip maker Qualcomm shares, which had earlier had been trading around $107, rallied 4.5% to $111.13 in recent trading after touching an intraday high of $112.01. On Tuesday, a federal appeals court tossed out a trial judge's ruling on the basis that the government hadn't proved Qualcomm had an illegal monopoly. Back in May, a federal judge sided with the Federal Trade Commission in an antitrust suit against Qualcomm, .
9:20 a.m. Aug. 4, 2020 - By Jon Swartz
Antitrust questions bruise but don’t break Big Tech CEOs in historic hearing After three hours of questions, expert calls hearing ‘a mix of antitrust ambush and political grandstanding’It was a bruising day tech’s biggest names on Capitol Hill.
4:21 a.m. July 30, 2020 - By Therese Poletti
Big Tech painted as the railroad barons of the digital age in antitrust hearing Alphabet receives the most vitriol, but Apple, Amazon and Facebook don’t escape unscathed as we await the next moveFor the most part — if you could tune out the political grandstanding that had nothing to do with antirust — the Congressional hearing on Big Tech gave many pointed examples of how four of the biggest tech companies in the U.S. abuse their dominant power and thwart competition.
4:19 a.m. July 29, 2020 - By Jon Swartz
Congress has a million-plus documents from Big Tech antitrust investigation, and are ready to grill big-name CEOs Bezos, Cook, Pichai and Zuckerberg will testify remotely Wednesday before House antitrust panelFor more than a year, the federal government has circled Big Tech and its business practices. On Wednesday, members of the House of Representatives will roll out evidence their staffs have found and put pressure directly on some of the most prominent executives in the world.
2:23 p.m. July 22, 2020 - By Jon Swartz
Slack’s anticompetitive claim vs. Microsoft says the software giant feels ‘threatened’“All we want is fair competition,” said Slack general counsel David Schellhase, who is asking the EC to “referee.” “Slack threatens Microsoft’s hold on business email, the cornerstone of Office, which means Slack threatens Microsoft’s lock on enterprise software.”
7:33 a.m. July 14, 2020 - By Jon Swartz
Big Tech’s latest reckoning is coming as it continues to rack up record valuationsThe steep ascent of Big Tech, which is fueling a resurgent stock market despite a deepening pandemic, underscores the enduring power of the industry as consumption of it escalates in a work-from-home economy.
2:30 p.m. July 1, 2020 - By Jon Swartz
CEOs of Alphabet, Amazon, Apple and Facebook to testify before Congress in late July: reportThe chief executives of Google parent Alphabet Inc. , Amazon.com Inc. , Apple Inc. , and Facebook Inc. have agreed to testify before Congress on antitrust issues in late July, Rep. David Cicilline, D-R.I., chairman of the House Judiciary Antitrust Subcommittee, told tech journalist Kara Swisher late Wednesday. The office of Rep. Jerry Nadler, D-N.Y., confirmed the hearing with NBC News. Cicilline's office was not immediately available for comment. Amazon has previously said it would make CEO Jeff Bezos available to testify this summer. Facebook declined comment. Alphabet and Apple were not immediately available for comment. The four companies are the subject of investigations by the Department of Justice and Federal Trade Commission into their business practices and the substantial clout they wield over the tech industry and the economy.
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