Facebook value hits $1 trillion after judge rejects antitrust lawsuits

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Facebook value hits $1 trillion after judge rejects antitrust lawsuits

Reuters2021-06-29

WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp. Facebook ...

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Maydelyn
·2021-06-29
Yay!!! FB!!!! I have earned 100 profit per shares.. I m so happy!!! ?? it has given me some comfort after selling my nvidia which shot up more than 200 per share these few weeks!
Reply
1
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Goldilock
·2021-06-29
Like pls?
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Like
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Chifield
·2021-06-29
Congrats to 1t!
Reply
1
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Investcub
·2021-06-29
Oh wow ….
Reply
2
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Zhenghao
·2021-06-29
Good to still hold!!!
Reply
5
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joezet
·2021-06-29
Hi
Reply
2
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老Uncle
·2021-06-29
sweet! ????
Reply
8
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- BryanSng:
  Nice
  2021-06-29
  Reply
  Report
Cicaf
·2021-06-29
Like please
Reply
1
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TK360
·2021-06-29
Nice
Reply
2
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Leonghooi
·2021-06-29
Good
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MrInvestor
·2021-06-29
Haa.. more monopoly..
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2
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- Zhenghao:
  Nice
  2021-06-29
  Reply
  Report
JASPERNING
·2021-06-29
Congrat Facebook!
Reply
3
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Doremi92
·2021-06-29
awsome
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3
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- Firework peh:
  excellent performance
  2021-06-29
  Reply
  Report
wenjin
·2021-06-29
Good
Reply
3
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ArkInvest
·2021-06-29
YES! there is a limit to these anti trust laws.
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3
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- JunwuC:
  LIke
  2021-06-29
  Reply
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wk88
·2021-06-29
Oh wow FB is still growing
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3
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- 老Uncle:
  weeeeeeuuuuweeeeee!
  2021-06-29
  Reply
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- Gracejul:
  Yes, Indeed
  2021-06-29
  Reply
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Surewinner
·2021-06-29
Great!
Reply
1
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TarZaN
·2021-06-29
Billionaire
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2
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KW1
·2021-06-29
Ok
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ahjo79
·2021-06-29
Tell me your opinion about this news...
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QNETCN","symbol_name":"纳斯达克中美互联网老虎指数","start_time":0,"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","article_id":"2147283798","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","pubTimestamp":1624922321,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指","09086":"华夏纳指-U"},"translate_title":"法官驳回反垄断诉讼后，Facebook价值达到1万亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03086":0.9,"09086":0.9,"QNETCN":0.9},"content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":159371427,"gmtCreate":1624944518669,"gmtModify":1703848556604,"author":{"id":"3577008220161864","authorId":"3577008220161864","name":"Maydelyn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577008220161864","authorIdStr":"3577008220161864"},"htmlText":"Yay!!! FB!!!! I have earned 100 profit per shares.. I m so happy!!! ?? it has given me some comfort after selling my nvidia which shot up more than 200 per share these few weeks!","listText":"Yay!!! FB!!!! I have earned 100 profit per shares.. I m so happy!!! ?? it has given me some comfort after selling my nvidia which shot up more than 200 per share these few weeks!","text":"Yay!!! FB!!!! I have earned 100 profit per shares.. I m so happy!!! ?? it has given me some comfort after selling my nvidia which shot up more than 200 per share these few weeks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159371427","repostId":2147283798,"repostType":2,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159328496,"gmtCreate":1624942716615,"gmtModify":1703848514396,"author":{"id":"3586861018114731","authorId":"3586861018114731","name":"Goldilock","avatar":"https://static.tigerbbs.com/ab38f3b301178909569634ec96fc150e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3586861018114731","authorIdStr":"3586861018114731"},"htmlText":"Like pls?","listText":"Like pls?","text":"Like pls?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159328496","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159945773,"gmtCreate":1624938551792,"gmtModify":1703848404306,"author":{"id":"3578976238295519","authorId":"3578976238295519","name":"Chifield","avatar":"https://static.tigerbbs.com/35652f65436cad86ed1f7c0d94afae69","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578976238295519","authorIdStr":"3578976238295519"},"htmlText":"Congrats to 1t!&nbsp;","listText":"Congrats to 1t!&nbsp;","text":"Congrats to 1t!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159945773","repostId":2147283798,"repostType":2,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150741089,"gmtCreate":1624929102341,"gmtModify":1703848113298,"author":{"id":"3584582153384625","authorId":"3584582153384625","name":"Investcub","avatar":"https://static.tigerbbs.com/b34bc19b19d991e55d86b53b1e4a44ff","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3584582153384625","authorIdStr":"3584582153384625"},"htmlText":"Oh wow ….","listText":"Oh wow ….","text":"Oh wow ….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150741089","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150759034,"gmtCreate":1624928726328,"gmtModify":1703848097172,"author":{"id":"3577189579318003","authorId":"3577189579318003","name":"Zhenghao","avatar":"https://static.tigerbbs.com/9bc02f1c85fb8e61dbc393ac0ad551db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577189579318003","authorIdStr":"3577189579318003"},"htmlText":"Good to still hold!!!","listText":"Good to still hold!!!","text":"Good to still hold!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150759034","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150711629,"gmtCreate":1624927584461,"gmtModify":1703848044634,"author":{"id":"4087119889586910","authorId":"4087119889586910","name":"joezet","avatar":"https://static.tigerbbs.com/89a0d780d9550dbe07591d6d46b7dd1d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087119889586910","authorIdStr":"4087119889586910"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150711629","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150796894,"gmtCreate":1624926944618,"gmtModify":1703848017896,"author":{"id":"3581063216443091","authorId":"3581063216443091","name":"老Uncle","avatar":"https://static.tigerbbs.com/ef0828d104dbb47c9e2122177cf0d3b5","vip":1,"hat":"https://static.tigerbbs.com/6444b4970948c1077534c593eccd6d16","crmLevel":4,"crmLevelSwitch":1,"idStr":"3581063216443091","authorIdStr":"3581063216443091"},"htmlText":"sweet! ????","listText":"sweet! ????","text":"sweet! ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150796894","repostId":2147283798,"repostType":2,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061170,"gmtCreate":1624928113231,"gmtModify":1663230238530,"authorId":3574851410607565,"author":{"id":3574851410607565,"idStr":"3574851410607565","authorId":3574851410607565,"name":"BryanSng","avatar":"https://static.tigerbbs.com/cc2e016d30088bb2a9d19eac8c161d65","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150796894,"type":1,"supId":0,"prevId":0,"content":"Nice ","text":"Nice ","html":"Nice "}],"langContent":"EN"},{"id":150707311,"gmtCreate":1624926748633,"gmtModify":1703848009319,"author":{"id":"3582685915272084","authorId":"3582685915272084","name":"Cicaf","avatar":"https://static.tigerbbs.com/89d23feb4d833b076b3c82458b3d41f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582685915272084","authorIdStr":"3582685915272084"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150707311","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150447450,"gmtCreate":1624926079370,"gmtModify":1703847979968,"author":{"id":"3574766349354741","authorId":"3574766349354741","name":"TK360","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574766349354741","authorIdStr":"3574766349354741"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150447450","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150444064,"gmtCreate":1624925994458,"gmtModify":1703847977548,"author":{"id":"4088027730150700","authorId":"4088027730150700","name":"Leonghooi","avatar":"https://static.tigerbbs.com/3c6501eaedd46552a7c3ba858fedfa1f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088027730150700","authorIdStr":"4088027730150700"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150444064","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150449899,"gmtCreate":1624925759411,"gmtModify":1703847967684,"author":{"id":"3586672191897597","authorId":"3586672191897597","name":"MrInvestor","avatar":"https://static.tigerbbs.com/40974a38cd623c0089adf8fd12d91591","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586672191897597","authorIdStr":"3586672191897597"},"htmlText":"Haa.. more monopoly..","listText":"Haa.. more monopoly..","text":"Haa.. more monopoly..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150449899","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061375,"gmtCreate":1624928735191,"gmtModify":1663230239638,"authorId":3577189579318003,"author":{"id":3577189579318003,"idStr":"3577189579318003","authorId":3577189579318003,"name":"Zhenghao","avatar":"https://static.tigerbbs.com/9bc02f1c85fb8e61dbc393ac0ad551db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150449899,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":150424251,"gmtCreate":1624925335673,"gmtModify":1703847949225,"author":{"id":"3581727706388320","authorId":"3581727706388320","name":"JASPERNING","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":3,"crmLevelSwitch":1,"idStr":"3581727706388320","authorIdStr":"3581727706388320"},"htmlText":"Congrat Facebook!","listText":"Congrat Facebook!","text":"Congrat Facebook!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150424251","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150466341,"gmtCreate":1624924882183,"gmtModify":1703847929878,"author":{"id":"3578376062004270","authorId":"3578376062004270","name":"Doremi92","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578376062004270","authorIdStr":"3578376062004270"},"htmlText":"awsome","listText":"awsome","text":"awsome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150466341","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5060253,"gmtCreate":1624924984028,"gmtModify":1663230237929,"authorId":3557460658824677,"author":{"id":3557460658824677,"idStr":"3557460658824677","authorId":3557460658824677,"name":"Firework peh","avatar":"https://static.tigerbbs.com/9873e8ddb08004279796752daf19a999","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.19","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150466341,"type":1,"supId":0,"prevId":0,"content":"excellent performance","text":"excellent performance","html":"excellent performance"}],"langContent":"EN"},{"id":150469224,"gmtCreate":1624924783068,"gmtModify":1703847925024,"author":{"id":"3565579816305782","authorId":"3565579816305782","name":"wenjin","avatar":"https://static.tigerbbs.com/d5a7509809f1dc972f0b5c45604f9b90","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3565579816305782","authorIdStr":"3565579816305782"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150469224","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150469803,"gmtCreate":1624924779202,"gmtModify":1703847924693,"author":{"id":"3559463359065359","authorId":"3559463359065359","name":"ArkInvest","avatar":"https://static.tigerbbs.com/6dfcf7df27430673110d69ba1374e540","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559463359065359","authorIdStr":"3559463359065359"},"htmlText":"YES! there is a limit to these anti trust laws.&nbsp;","listText":"YES! there is a limit to these anti trust laws.&nbsp;","text":"YES! there is a limit to these anti trust laws.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150469803","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5060369,"gmtCreate":1624925355411,"gmtModify":1663230235745,"authorId":3568544835761781,"author":{"id":3568544835761781,"idStr":"3568544835761781","authorId":3568544835761781,"name":"JunwuC","avatar":"https://static.tigerbbs.com/6af66eb7e4662401c9df8de0c629db70","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150469803,"type":1,"supId":0,"prevId":0,"content":"LIke","text":"LIke","html":"LIke"}],"langContent":"EN"},{"id":150484573,"gmtCreate":1624924725492,"gmtModify":1703847920470,"author":{"id":"3562584059016400","authorId":"3562584059016400","name":"wk88","avatar":"https://static.tigerbbs.com/fbde33e414cb1ceed3b6b5aaf3e21a6c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3562584059016400","authorIdStr":"3562584059016400"},"htmlText":"Oh wow FB is still growing&nbsp;","listText":"Oh wow FB is still growing&nbsp;","text":"Oh wow FB is still growing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/150484573","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5060752,"gmtCreate":1624926719187,"gmtModify":1663230238631,"authorId":3581063216443091,"author":{"id":3581063216443091,"idStr":"3581063216443091","authorId":3581063216443091,"name":"老Uncle","avatar":"https://static.tigerbbs.com/ef0828d104dbb47c9e2122177cf0d3b5","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"93.37%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150484573,"type":1,"supId":0,"prevId":0,"content":"weeeeeeuuuuweeeeee!","text":"weeeeeeuuuuweeeeee!","html":"weeeeeeuuuuweeeeee!"},{"id":5060246,"gmtCreate":1624924951054,"gmtModify":1663230233749,"authorId":3580616876327884,"author":{"id":3580616876327884,"idStr":"3580616876327884","authorId":3580616876327884,"name":"Gracejul","avatar":"https://static.tigerbbs.com/4eb0939e0d9d3089392b067e791d69f3","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.01","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150484573,"type":1,"supId":0,"prevId":0,"content":"Yes, Indeed","text":"Yes, Indeed","html":"Yes, Indeed"}],"langContent":"EN"},{"id":150488768,"gmtCreate":1624924653654,"gmtModify":1703847915781,"author":{"id":"3584997739812152","authorId":"3584997739812152","name":"Surewinner","avatar":"https://static.tigerbbs.com/d5049b7020bddebdcea8f3b550917b1c","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"3584997739812152","authorIdStr":"3584997739812152"},"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150488768","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150415794,"gmtCreate":1624924496718,"gmtModify":1703847906073,"author":{"id":"3582002629287425","authorId":"3582002629287425","name":"TarZaN","avatar":"https://static.tigerbbs.com/499e70ebcdecf844bf36f2476bd910c5","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582002629287425","authorIdStr":"3582002629287425"},"htmlText":"Billionaire","listText":"Billionaire","text":"Billionaire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150415794","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150412534,"gmtCreate":1624924454928,"gmtModify":1703847904900,"author":{"id":"3563714281601583","authorId":"3563714281601583","name":"KW1","avatar":"https://static.tigerbbs.com/094e3f8fd8b3de3da976515926ed1403","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3563714281601583","authorIdStr":"3563714281601583"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150412534","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook value hits $1 trillion after judge rejects antitrust lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150416966,"gmtCreate":1624924404855,"gmtModify":1703847902795,"author":{"id":"3586395692177906","authorId":"3586395692177906","name":"ahjo79","avatar":"https://static.tigerbbs.com/85419e6812d7faf5b04d4c725a416215","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586395692177906","authorIdStr":"3586395692177906"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150416966","repostId":2147283798,"repostType":4,"repost":{"id":"2147283798","kind":"news","pubTimestamp":1624922321,"share":"https://ttm.financial/m/news/2147283798?lang=&edition=fundamental","pubTime":"2021-06-29 07:18","market":"us","language":"en","title":"Facebook value hits $1 trillion after judge rejects antitrust lawsuits","url":"https://stock-news.laohu8.com/highlight/detail?id=2147283798","media":"Reuters","summary":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against ","content":"<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc that sought to force the social media company to sell Instagram and WhatsApp.</p>\n<p>Facebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.</p>\n<p>The dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.</p>\n<p>The judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”</p>\n<p>Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.</p>\n<p>The judge said that the FTC could file a new complaint by July 29.</p>\n<p>Facebook had asked for the lawsuits, which were filed last year, to be dismissed.</p>\n<p>Regarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"</p>\n<p>A bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"</p>\n<p>A Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.</p>\n<p>Republican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"</p>\n<p>The FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.</p>\n<p>All told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.</p>\n<p>The judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.</p>\n<p>\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.</p>\n<p>The judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook value hits $1 trillion after judge rejects antitrust lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/us-judge-tells-ftc-file-191041737.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147283798","content_text":"WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust lawsuits against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp.\nFacebook shares rose more than 4% after the ruling was issued. The share price rise put Facebook's market cap over $1 trillion for the first time.\nThe dismissal was the first major blow to state and federal lawsuits filed against Big Tech firms last year. The actions were aimed at reining in alleged abuses of the massive market power wielded by the companies.\nThe judge also dismissed a lawsuit filed by multiple U.S. states in December, saying that they had waited too long and could not challenge acquisitions from so long ago. A spokesperson for the New York Attorney General’s office said it was reviewing the decision and “considering our legal options.”\nJudge James Boasberg of the U.S. District Court for the District of Columbia said the FTC had failed to show that Facebook had monopoly power in the social-networking market.\nThe judge said that the FTC could file a new complaint by July 29.\nFacebook had asked for the lawsuits, which were filed last year, to be dismissed.\nRegarding the FTC lawsuit, the judge wrote: \"Although the court does not agree with all of Facebook's contentions here, it ultimately concurs that the agency's complaint is legally insufficient and must therefore be dismissed.\"\nA bright spot for the FTC in the opinion was the judge's saying that the agency was \"on firmer ground in scrutinizing the acquisitions of Instagram and WhatsApp, as the court rejects Facebook argument that the FTC lacks authority to seek injunctive relief against those purchases.\"\nA Facebook spokesperson said: \"We are pleased that today’s decisions recognize the defects in the government complaints filed against Facebook.\" The FTC did immediately respond to a request for comment.\nRepublican Senator Josh Hawley criticized the court's decision on the FTC lawsuit as \"deeply disappointing.\"\nThe FTC and a big group of states filed separate lawsuits last year that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals, such as its 2012 acquisition of Instagram for $1 billion and of WhatsApp in 2014 for $19 billion.\nAll told, the federal government and states filed five lawsuits against Facebook and Alphabet Inc's Google last year following bipartisan outrage over use and misuse of social media clout both in the economy and the political sphere.\nThe judge said that the FTC did not adequately support its assertion that Facebook has more than 60 percent of the market.\n\"Because this defect could conceivably be overcome by re-pleading, however, the Court will dismiss only the Complaint, not the case, and will do so without prejudice to allow Plaintiff to file an amended Complaint,\" the judge wrote.\nThe judge also criticized portions of the FTC's case regarding its refusal to allow interoperability permissions with competing apps.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":223,"commentSize":54,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}