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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. He said it was a natural extension of its global social media business and not an attempt to remove a potential competitor from the marketplace. “It

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Italy Launches Inquiry Into Apple, Samsung Regarding Aging Smartphones

PYMNTS

Apple and Samsung Electronics are coming under fire by Italian regulators regarding processor slowdowns in aging smartphones. 18) Reuters report , antitrust regulators in Italy have launched an inquiry into claims that Apple and Samsung have purposely used software updates to speed up the aging process for their older devices.

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Inventor Of The Web, Tim Berners-Lee, Wants To Take It Back

PYMNTS

Not only is Facebook still trying to get ahead of the Cambridge Analytica data scandal , but new laws in Europe and California are designed to give consumers much more control over their digital information and personas. The big tech firms are trying to make sure they have a major say in whatever comes next for data privacy and regulation.

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Google, Amazon, Facebook, And Apple Are Hiring To Defend Against The ‘Techlash’

CB Insights

The Edelman Trust Barometer shows that public confidence in search engines and social media platforms fell 11 percentage points from 2017 and 2018. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation. Facebook and WhatsApp.

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