Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
Read More Apple to urge judge to end US smartphone monopoly caseTag: Meta Platforms
Wall St edges higher after inflation data keeps Fed rate-cut hopes intact
Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.
Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intactUS plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Read More US plan to break up Google’s search dominance threatens profit engine, AI growthSocial media users lack control over data used by AI, US FTC says
Social media companies collect, share and process vast troves of information about their users while offering little transparency or control.
Read More Social media users lack control over data used by AI, US FTC saysFacebook parent Meta Platforms beats lawsuit over Apple privacy, Sandberg disclosures
Meta won the dismissal of a lawsuit claiming it defrauded shareholders by concealing how changes to Apple’s privacy settings would make Facebook and Instagram less desirable for advertisers.
Read More Facebook parent Meta Platforms beats lawsuit over Apple privacy, Sandberg disclosuresInstagram rolls out teen accounts with privacy, parental controls
Meta is rolling out enhanced privacy and parental controls for Instagram accounts of users under 18 in a significant overhaul aimed around the negative effects of social media.
Read More Instagram rolls out teen accounts with privacy, parental controls
