The UK’s Competition and Markets Authority (CMA) announced on Wednesday that it is investigating Microsoft’s acquisition of Activision Blizzard, a video game developer and publisher of interactive entertainment content. The CMA is considering whether the merger will result in a “substantial lessening of competition within any market or markets in the United Kingdom for goods…
Microsoft Deal With Activision Blizzard Investigated by UK Government
July 7, 2022
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Facebook, Instagram Fall Prey to Data Scraping; Indict Chinese Company
July 7, 2022
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Business & MarketsChinaCompaniesFacebookinstagramMedia & Big TechOctopus DataShenzhen Vision Information Technology Co.TechtechnologyUSUS News
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Meta Platforms, Inc prosecuted Octopus Data, the U.S. subsidiary of a Chinese national high-tech enterprise Shenzhen Vision Information Technology Co. Octopus Data allegedly offered data scraping services for Facebook and Instagram. Meta also prosecuted a Turkey-based individual, Ekrem Ateş, for allegedly setting up automated Instagram accounts to scrape data from 350,000 Instagram users. Octopus allegedly charges its…
Twitter Suspends Zelenko’s Foundation Account One Day After Doctor’s Death
July 6, 2022
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Dr. Vladimir Zelenko, a Nobel prize-nominated physician who famously discovered and distributed an early treatment protocol for COVID, dubbed the “Zelenko Protocol,” passed away from cancer on June 30, 2022. The next day, some Twitter users started taking note of the suspension of the account of the Zelenko Freedom Foundation, a group dedicated “to provide…
Elon Musk Responds to Claim That Congress Is Trying to Censor Big Tech Companies
July 6, 2022
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Big Tech, Censorship, and SocialismBusiness & MarketsCompaniesElon MuskFeatured Topicsglenn greenwaldMedia & Big TechPoliticsUSUS News
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Elon Musk, who is poised to purchase Twitter, responded to an article about House Democrats’ push to tighten rules over what people can post on Facebook, Twitter, and other social media websites. The world’s richest person on Wednesday responded to a 2021 post from longtime journalist Glenn Greenwald about Congressional Democrats’ efforts in pressuring tech…
Twitter Reinstates Journalist Alex Berenson, Who Immediately Posts About COVID-19 Vaccines
Former New York Times journalist Alex Berenson has been allowed to return to Twitter, which banned him in 2021 for allegedly spreading COVID-19 misinformation. Berenson later sued Twitter, claiming the company breached its contract with him as a user. A federal judge tossed all of the claims except for the breach of contract one. Berenson…
Journalist Alex Berenson Reaches Settlement With Twitter
July 5, 2022
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Independent journalist Alex Berenson and Twitter have agreed to a settlement over a lawsuit that alleged the big tech company violated Berenson’s constitutional rights when it banned him. The parties “have reached a settlement in principle,” according to a joint stipulation filed in federal court in California on June 29. However, additional time is needed…
Apple Hikes iPhone Price in Japan by Nearly a Fifth
TOKYO—Apple Inc. has hiked by nearly a fifth the cost of its flagship iPhone phone in Japan, which is battling a weakening yen currency and rising inflation. The Cupertino, California-based manufacturer’s entry level iPhone 13 now costs 117,800 yen ($870), Apple’s website showed, compared to 99,800 yen previously. With the dollar up 18 percent against…
Meta Downsizing Hiring Plans Amid Warnings of Layoffs
July 2, 2022
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Business & MarketsCompanieseconomylayoff staffMark ZuckerbergMedia & Big TechMeta Platforms IncTechTech Newstech stocksUS
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Meta, the owner of Facebook, is planning to scale down its hiring activities, CEO Mark Zuckerberg revealed on June 30 while also indicating that some workers will lose their jobs. Speaking during a weekly employee Q&A session, Zuckerberg expressed worries about the state of the economy, warning workers to brace for a deep economic downturn….
Apple’s Former Top Corporate Lawyer Pleads Guilty to Securities Fraud, Insider Trading
Apple Inc.’s former corporate secretary and director of corporate law, Gene Levoff, has admitted to being part of an insider trading scheme that ran for five years. The Department of Justice said on Thursday that 48-year-old Levoff pleaded guilty before the U.S. District Judge William Martini to six counts of securities fraud. “Gene Levoff betrayed the trust of one of the…
Google to Pay $90 Million to Settle Legal Fight With App Developers
WASHINGTON—Alphabet Inc.’s Google has agreed to pay $90 million to settle a legal fight with app developers over the money they earned creating apps for Android smartphones and for enticing users to make in-app purchases, according to a court filing. The app developers, in a lawsuit filed in federal court in San Francisco, had accused…
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