Justice Department Opens Antitrust Review of Major Tech Companies

The U.S. Justice Department says it is opening a sweeping antitrust investigation of big technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.

It comes as a growing number of lawmakers have called for stricter regulation or even breaking up of the big tech companies, which have come under intense scrutiny following a series of scandals that compromised users' privacy. President Donald Trump also has relentlessly criticized the big tech companies by name in recent months.is reporting that the Federal Trade Commission will allege that Facebook misled users about its privacy practices as part of an expected settlement.

The federal business watchdog will reportedly find that Facebook deceived users about how it handled phone numbers it asked for as part of a security feature and provided insufficient information about how to turn off a facial recognition tool for photos. Advertisers were reportedly able to target users who provided their phone number as part of a two-factor authentication security feature.The complaints will reportedly be detailed in a settlement on Wednesday. Facebook won't be required to admit guilt but will have to submit to federal oversight, the newspaper reported.

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Justice Department to Open Broad, New Antitrust Review of Big Tech CompaniesThe Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, according to department officials. Maybe they'll soon address the glaring issue born from the combination of their censorship and assertions that social-media is a 'public forum'. W00t! usdoj discovery fun: request every bit that has ever entered or exited their servers. It'll take em a while 😁😂 Wrong. If a company goes bankrupt appears the popular cry for public aid, as is happening backwards and these companies are trying to succeed and expanding American technological supremacy around the world, bad people try to obstructe their organization.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

DOJ reportedly to open broad antitrust review of Big Tech; tech stocks dipThe IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted. CoachJoeyZ
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DOJ announces broad antitrust review of large tech companiesThe DOJ said the goal of its review is to “ensure Americans have access to free markets in which companies compete on the merits to provide services that users want.' It’s cause Trump lost a few followers, isn’t it ? antitrust ROBERT MUELLER!!!!!!!!!!!!!!!
Fonte: NBCNews - 🏆 10. / 86 Consulte Mais informação »