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Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
- Thursday November 14, 2024
- Reuters
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
- www.gadgets360.com
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US Court Refuses Appeal to Revive Antitrust Lawsuit Against Meta's Facebook
- Thursday April 27, 2023
- Reuters
A US appeals court on Thursday refused to revive a lawsuit filed by states against Meta's Facebook that alleged the company had broken antitrust law. Dozens of states led by New York asked the US Court of Appeals for the District of Columbia last year to reinstate the lawsuit, which US District Judge James Boasberg of the District of Columbia rej...
- www.gadgets360.com
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Ex WhatsApp Executive Regrets Facebook Deal, Explains Where Things Went Wrong
- Thursday May 5, 2022
- World News | Edited by Amit Chaturvedi
WhatsApp was founded by Brian Actor and Jan Koum in 2009. Facebook acquired it in 2014 for $22 billion.
- www.ndtv.com
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Big Tech's Little Mergers Draw More US Antitrust Scrutiny
- Thursday September 16, 2021
- Reuters
US Federal Trade Commission staff presented data on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier — both steps indicating plans to be tougher on deals.
- www.gadgets360.com
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EU Antitrust Regulators To Rule On Facebook's Kustomer Deal By August 2
- Tuesday June 29, 2021
- World News | Reuters
EU antitrust regulators will decide by August 2 whether to clear Facebook's acquisition of US customer service startup Kustomer, a filing on the European Commission website showed.
- www.ndtv.com
-
Facebook Risks Instagram-WhatsApp Breakup in Antitrust Case
- Thursday December 10, 2020
- David McLaughlin and Erik Larson, Bloomberg
Facebook was sued by US antitrust officials and a coalition of states that want to break up the company by unwinding its acquisitions of Instagram and WhatsApp, deals the government says were part of a campaign to illegally crush competition.
- www.gadgets360.com
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Facebook's Brian Marcus Calls WhatsApp Co-Founder Brian Acton 'Low Class'
- Thursday September 27, 2018
- Indo-Asian News Service
Facebook executive David Marcus said Brian Acton's comments on the company that made him a billionaire are "a whole new standard of low class."
- www.gadgets360.com
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WhatsApp Co-Founder Brian Acton's Message to Followers: It Is Time to Delete Facebook
- Friday March 23, 2018
- Jagmeet Singh
WhatsApp co-founder Brian Acton has tweeted to say it's time to delete Facebook. The Facebook acquisition of WhatsApp netted him $3.7 billion.
- www.gadgets360.com
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WhatsApp Acquisition: Facebook Bought the App Before Tencent Could, Claims Report
- Monday July 3, 2017
- Shekhar Thakran
WhatsApp was in talks with WeChat owner Tencent for an acquisition, before Mark Zuckerberg swooped in with his $19 billion.
- www.gadgets360.com
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Facebook Charged by EU for Misleading Information During WhatsApp Takeover
- Tuesday December 20, 2016
- Reuters
The Commission said Facebook had indicated in its notification of the acquisition that it would be unable reliably to match the two companies' user accounts.
- www.gadgets360.com
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Big Technology Deals Don't Always Compute for Buyers
- Tuesday October 13, 2015
- Written by Vidhyanshu
Following Dell's EMC acquisition announcement, here's a look back at other notable deals that haven't panned out as well as the buyers planned.
- www.gadgets360.com
-
Heady Days for Tech Sector 15 Years After Bubble Burst: Report
- Tuesday February 3, 2015
- Written by RobinS
A survey by the EY group counted 3,512 mergers or acquisitions in the tech sector in 2014, for a total value of $237.6 billion, the highest since 2000.
- www.gadgets360.com
-
Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
- Thursday November 14, 2024
- Reuters
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
- www.gadgets360.com
-
US Court Refuses Appeal to Revive Antitrust Lawsuit Against Meta's Facebook
- Thursday April 27, 2023
- Reuters
A US appeals court on Thursday refused to revive a lawsuit filed by states against Meta's Facebook that alleged the company had broken antitrust law. Dozens of states led by New York asked the US Court of Appeals for the District of Columbia last year to reinstate the lawsuit, which US District Judge James Boasberg of the District of Columbia rej...
- www.gadgets360.com
-
Ex WhatsApp Executive Regrets Facebook Deal, Explains Where Things Went Wrong
- Thursday May 5, 2022
- World News | Edited by Amit Chaturvedi
WhatsApp was founded by Brian Actor and Jan Koum in 2009. Facebook acquired it in 2014 for $22 billion.
- www.ndtv.com
-
Big Tech's Little Mergers Draw More US Antitrust Scrutiny
- Thursday September 16, 2021
- Reuters
US Federal Trade Commission staff presented data on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier — both steps indicating plans to be tougher on deals.
- www.gadgets360.com
-
EU Antitrust Regulators To Rule On Facebook's Kustomer Deal By August 2
- Tuesday June 29, 2021
- World News | Reuters
EU antitrust regulators will decide by August 2 whether to clear Facebook's acquisition of US customer service startup Kustomer, a filing on the European Commission website showed.
- www.ndtv.com
-
Facebook Risks Instagram-WhatsApp Breakup in Antitrust Case
- Thursday December 10, 2020
- David McLaughlin and Erik Larson, Bloomberg
Facebook was sued by US antitrust officials and a coalition of states that want to break up the company by unwinding its acquisitions of Instagram and WhatsApp, deals the government says were part of a campaign to illegally crush competition.
- www.gadgets360.com
-
Facebook's Brian Marcus Calls WhatsApp Co-Founder Brian Acton 'Low Class'
- Thursday September 27, 2018
- Indo-Asian News Service
Facebook executive David Marcus said Brian Acton's comments on the company that made him a billionaire are "a whole new standard of low class."
- www.gadgets360.com
-
WhatsApp Co-Founder Brian Acton's Message to Followers: It Is Time to Delete Facebook
- Friday March 23, 2018
- Jagmeet Singh
WhatsApp co-founder Brian Acton has tweeted to say it's time to delete Facebook. The Facebook acquisition of WhatsApp netted him $3.7 billion.
- www.gadgets360.com
-
WhatsApp Acquisition: Facebook Bought the App Before Tencent Could, Claims Report
- Monday July 3, 2017
- Shekhar Thakran
WhatsApp was in talks with WeChat owner Tencent for an acquisition, before Mark Zuckerberg swooped in with his $19 billion.
- www.gadgets360.com
-
Facebook Charged by EU for Misleading Information During WhatsApp Takeover
- Tuesday December 20, 2016
- Reuters
The Commission said Facebook had indicated in its notification of the acquisition that it would be unable reliably to match the two companies' user accounts.
- www.gadgets360.com
-
Big Technology Deals Don't Always Compute for Buyers
- Tuesday October 13, 2015
- Written by Vidhyanshu
Following Dell's EMC acquisition announcement, here's a look back at other notable deals that haven't panned out as well as the buyers planned.
- www.gadgets360.com
-
Heady Days for Tech Sector 15 Years After Bubble Burst: Report
- Tuesday February 3, 2015
- Written by RobinS
A survey by the EY group counted 3,512 mergers or acquisitions in the tech sector in 2014, for a total value of $237.6 billion, the highest since 2000.
- www.gadgets360.com