Business

Facebook filings seek dismissal of antitrust lawsuits

Facebook said Wednesday it filed motions seeking dismissal of US federal and state antitrust lawsuits, claiming there is no credible case to be made that it has harmed competition or excluded rivals in social networking.

Business

Biden eyes Big Tech critic for regulatory post: media

President Joe Biden plans to nominate a prominent advocate of breaking up Big Tech firms to a key regulatory post, suggesting an aggressive antitrust stance, media reports said Tuesday.

Business

Trading app Robinhood says facing US regulator inquiries

Stock trading app Robinhood on Friday confirmed it is cooperating with inquiries from US regulators into its decision to temporarily throttle purchases of shares in companies such as GameStop during frenzied trading in January.

Business

Biden plans executive order after semiconductor crunch

The Biden administration is assessing immediate steps to address the semiconductor shortage and plans an executive order to shore up critical supply chain items, a White House spokeswoman said Thursday.

Internet

TikTok tightens privacy features for younger users

A month after federal regulators ordered it to disclose how its practices affect children and teenagers, TikTok is tightening its privacy practices for the under-18 crowd.

Business

Agency homing in on social media companies' data collection

Federal regulators are ordering Facebook, Twitter, Amazon, TikTok's parent and five other social media companies to provide detailed information on how they collect and use consumers' personal data and how their practices ...

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