FTC

New court filing shows that Meta execs agreed that Facebook was losing to TikTok

Meta CEO Mark Zuckerberg, Instagram head Adam Mosseri, and other Meta execs thought that TikTok was beating Meta at its own game. That’s according to a new filing in the U.S. Federal Trade Commission’s antitrust lawsuit against the tech giant, published on Monday. The document, dated February 2022, includes conversations among a number of Meta

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Mark Zuckerberg really wants to make Facebook cool again

In an ongoing antitrust case, the Federal Trade Commission says that Meta has a monopoly on “personal social networking services” and should have to spin off Instagram and WhatsApp. Throughout the proceedings, there have been several internal messages and plans that have come to light. In one, Meta CEO Mark Zuckerberg considered wiping all Facebook

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Mark Zuckerberg once suggested spinning out Instagram as a solution to its ‘cannibalization’ of Facebook

In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company’s Instagram acquisition may cannibalize Facebook. Were that to happen, it could lead to the “network collapse of the more engaging and profitable product,” a worried Zuckerberg told other Meta executives in a

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Feds accuse Uber of charging customers for subscriptions without consent

The Federal Trade Commission filed a lawsuit Monday against Uber, alleging the ride-hail and delivery giant charged customers for its Uber One subscription service without their consent. The lawsuit also claims Uber failed to deliver the savings promised in its subscription service and made it unreasonably difficult for users to cancel despite its “cancel anytime”

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Trump fires FTC commissioners, setting up a legal battle

President Trump fired the two Democratic members of the Federal Trade Commission (FTC) on Tuesday, setting up a challenge to a 1935 Supreme Court precedent prohibiting the firing of FTC commissioners for reasons other than “good cause.” The White House terminated commissioners Rebecca Kelly Slaughter and Alvaro Bedoya earlier Tuesday, The New York Times reported.

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FTC says Americans lost $12.5B to scams last year — social media, AI and crypto didn’t help

You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same

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Trump’s FTC is looking into censorship on tech platforms

The Federal Trade Commission announced on Thursday that it will launch a public inquiry into “censorship by tech platforms,” soliciting comments from people who feel they have been demonetized, banned, or otherwise censored due to their speech or affiliations. “Tech firms should not be bullying their users,” said FTC Chairman Andrew Ferguson in a statement.

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