Germany opens antitrust probe into Facebook
The probe by Bundeskartellamt or the German Federal Cartel Office (FCO) announced on Thursday will examine how the linkage between Oculus VR products and the Facebook platform will affect competition in the country's social media and VR segments.
FB workers don't need vaccine to return to work: Zuckerberg
Zuckerberg reportedly told the employees during the meeting on Thursday that "some workers have already returned to their buildings in countries with lower rates of Covid-19 and in other limited circumstances".
US govt, 48 states sue Facebook for 'illegally' maintaining 'monopoly power'
The case against Facebook was announced on Wednesday by the Federal Trade Commission and New York Attorney General Letitia James. The led lawsuit runs into more than 100 pages, the FTC lawsuit is 53 pages long and both the documents align on the big themes of "predatory" conduct.
US govt hits Facebook with landmark antitrust lawsuit
The backlash comes 16 years after Mark Zuckerberg started Facebook from his Harvard dorm. From that time, Facebook has grown to become the world's biggest social network with 2.7 billion users and a market value of nearly $800 billion while Zuckerberg has become the world's fifth-richest person.
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