Business

FTC official raps Facebook for booting political ads probe

A senior Federal Trade Commission official is criticizing Facebook's move to shut down the personal accounts of two academic researchers and terminate their probe into misinformation spread through political ads on the social ...

Business

Facebook profits top $10B as its CEO exalts the 'metaverse'

Concerns about a revenue growth slowdown pushed Facebook's shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising ...

Business

Upbeat quarterly update lifts Twitter shares

Twitter on Thursday posted better-than-expected results for the recently ended quarter with gains in revenue, profit and its user base, sparking a rally in shares for the messaging platform.

Business

EU's Google ad tech probe part of bloc's antitrust crackdown

The European Union's move on Tuesday to investigate Google over alleged antitrust behavior in the digital ad tech sector is the bloc's latest crackdown on U.S. tech giants. Here's a look at enforcement actions taken by the ...

Business

Internet ads are a popular tax target for both parties

Last month, Robert Reeve, a digital tech worker from Washington, D.C., went to visit his mom in Michigan for a week. Shortly after, ads for a brand of toothpaste his mom uses—and that he also used during his stay at her ...

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