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FTC Could Hear Testimony From Facebook’s Zuckerberg, Sandberg

PYMNTS

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. billion global users. states and the DOJ.

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Big Tech Compliance Tracker: EU Prepares To Propose New Big Tech Regulations; Turkey Fines Big Tech Platforms $1.18M

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. Regulation.

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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

It offers a glimpse into how the Menlo Park, California-based social media conglomerate will defend itself against federal antitrust prosecutors and members of Congress about its power and competitive behavior. Other technology giants including Google , Amazon and Apple are also facing probes.

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California enforcement updates and privacy tools highlight regulatory scrutiny of right to opt out

CFPB Monitor

At the press conference, California Attorney General Rob Bonta summarized the first year of enforcement of the CCPA and provided specific examples of actions businesses have taken to rectify alleged violations following receipt of a notice of noncompliance. Enforcement updates.

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DOJ, State AGs To Meet On Antitrust Suit Against Google

PYMNTS

23) on the landmark complaint against the Menlo Park, California-based tech giant. In July, the CEOs of the world’s four biggest technology companies testified before the House Judiciary Committee as lawmakers investigate competition in the sector. They are considering a lawsuit against the 22-year-old global technology giant.

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App Developers Bring Antitrust Lawsuit Against Facebook

PYMNTS

The companies say that the social media giant removed developers’ access to its program in an attempt to hurt potential competitors. District Court for the Northern District of California. Facebook has been sued by four companies regarded alleged anti-competitive practices, according to a report by Reuters.

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Facebook Tests Wearable ‘Brain-Reading’ Device

PYMNTS

The social media giant announced the program in 2017. “We The company has been working to make the technology a reality through a partnership between Facebook Reality Labs, a division that studies long-term tech products and hardware, and researchers from the University of California , San Francisco, according to CNBC.