trust

The feds are reportedly gearing up to bring an antitrust lawsuit against Google by the end of September. Justice Department lawyers have been instructed to finish up their inquiry into the search giant this month as Attorney General William Barr is eager to take on the search giant. The majority of the government’s lawyers feel …

The biggest lease of the year is done – and it’s momentous good news for a limping office-leasing market in a city beleaguered by the coronavirus. Facebook on Monday closed on a long-awaited deal for 730,000 square feet at Vornado’s Farley Building, the former post office site between Madison Square Garden and the Hudson Yards …

Congress should ease up on big tech companies. Despite Amazon, Apple, Google and Facebook’s best efforts to help Americans during the COVID-19 pandemic, Democrats in the House and Senate continue to attack them, likening them to monopolies, and seeking to break them up. Congress’s economic illiteracy in understanding market power and antitrust is leading them …

Big Tech will be under the spotlight once again on Wednesday, as the CEOs of the largest companies in the industry will face a grilling before Congress. Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google parent company Alphabet CEO Sundar Pichai and Apple chief Tim Cook are scheduled to testify before the House Judiciary Committee’s antitrust …

The Italian offices of Apple and Amazon were raided Tuesday as the country’s antitrust authority opened an investigation into whether the companies engaged in anti-competitive practices. The probe is focused on whether the iPhone maker conspired with the e-commerce juggernaut to prevent electronics retailers not included in Apple’s official reseller program from selling its popular …

The Satanic Temple is warning Mississippi that it will pursue a lawsuit against the state if it puts the phrase “In God We Trust” on its flag, as is currently planned. Late last month, Mississippi Gov. Tate Reeves (R) signed legislation into law retiring the state flag, which had featured the Confederate flag symbol for …

Google says it will pay to license content from select overseas publishers as scrutiny from US regulators mounts over its dominance over the news industry. The search giant said in a Thursday blog post that it will pay media groups in Germany, Australia and Brazil for “high-quality content for a new news experience launching later …

Justice Department officials will be meeting with multiple state attorneys general this Friday to discuss “next steps” in a potential antitrust case against Google, according to multiple reports. The meeting, first reported by the Wall Street Journal on Tuesday, will take place virtually between federal and state officials. On the agenda will be the scope …

Google is getting fat off the struggling news industry by using its position as the nation’s dominant search engine to force publishers into unfair agreements, according to a new research report. The Alphabet-owned internet company has become such a powerful force for driving Web traffic that it even dictates how news publications format their web …

The European Union is planning to file antitrust charges against Amazon for its habit of copying third-party products, according to a new report. The charges against the ecommerce juggernaut could arrive as soon as next week and are the latest step in a two-year investigation into Amazon’s practices, according to the Wall Street Journal. The …