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Facebook parent Meta warned by EU of breaking antitrust laws - Reuters
December 19, 2022 at 10:27:29 AM EST * - permalink -The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position.
- https://www.reuters.com/technology/eu-commission-meta-is-likely-breaching-antitrust-laws-2022-12-19/?taid=63a08258813966000118c0ff
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U.S. Senate passes bill to bar federal employees from using TikTok on government-owned devices - Reuters
December 14, 2022 at 9:08:09 PM EST * - permalink -The U.S. Senate late on Wednesday passed by voice vote a bill to bar federal employees from using Chinese-owned short video-sharing app TikTok on government-owned devices.
- https://www.reuters.com/world/us/north-dakota-iowa-join-other-us-states-banning-tiktok-state-owned-devices-2022-12-14/
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U.S. lawmakers unveil bipartisan bid to ban China's TikTok - Reuters
December 13, 2022 at 10:09:36 PM EST * - permalink -Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China's popular social media app TikTok, ratcheting up pressure on owner ByteDance Ltd amid U.S. fears the app could be used to spy on Americans and censor content.
- https://www.reuters.com/world/us/us-lawmakers-unveil-bipartisan-bid-ban-chinas-tiktok-2022-12-13/?taid=6398e6a8424cc10001c273c2
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Nearly half Meta job cuts were in tech, execs say - Reuters
November 11, 2022 at 4:34:09 PM EST * - permalink -Meta Platforms told employees on Friday that 54% of the 11,000 jobs it cut earlier this week were business roles and the rest were in technology.
- https://www.reuters.com/markets/commodities/lme-launches-discussion-paper-possibility-banning-russian-metal-2022-10-06/
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Exclusive: Apollo, Sixth Street no longer in talks to finance Twitter deal, sources say - Reuters
October 5, 2022 at 8:06:06 PM EDT * - permalink -Apollo Global Management Inc and Sixth Street, which were looking to provide financing to Elon Musk earlier this year for his proposed buyout of Twitter Inc , are no longer in talks with the billionaire entrepreneur, according to two sources familiar with the matter.
- https://www.reuters.com/markets/deals/exclusive-musk-apollo-no-longer-talks-finance-twitter-deal-source-2022-10-05/