Lina Khan

U.S. Representative Alexandria Ocasio-Cortez (D-N.Y.) has staunchly defended Federal Trade Commission Chair Lina Khan, amidst calls for her removal. What Happened: On Wednesday, Ocasio-Cortez responded to a post from Semafor domestic policy & politics reporter Joseph-Zeballos-Roig suggesting...

Federal Trade Commission (FTC) Chair Lina Khan has raised concerns about the potential misuse of AI by airlines to charge higher prices for passengers attending funerals. What Happened: Speaking at the 2024 Fast Company Innovation Festival, Khan highlighted the risks AI poses in enabling fraud and...

Big tech is acting more like Big Brother. That’s according to the latest report from the Federal Trade Commission (FTC). The Thursday release details how major social media and video streaming platforms have taken snooping to a whole new level. "The report lays out how social media and video...

Palantir Technologies Inc. (NYSE:PLTR) co-founder and founding partner of 8VC,  Joe Lonsdale has voiced his concerns about the unchecked power of big tech and called for more accountability. What Happened: On Thursday, while appearing on CNBC’s Squawk Box, Lonsdale criticized the monopolistic...

Editor’s note: This story has been updated to correct the spelling of Kamala Harris’ name. President Joe Biden‘s administration has received both praise and condemnation for its hardline position on antitrust enforcement. His replacement in the 2024 race, Vice President Kamala...

ByteDance‘s TikTok, one of the most used social media platforms by teens, is the subject of the latest U.S. Department of Justice (DOJ) lawsuit. What Happened: The DOJ and Federal Trade Commission (FTC) filed the lawsuit on Friday in the U.S. District Court for the Central District of...

Cloud security company Wiz, which was rumored to be in a $23 billion deal to be bought by Google parent Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), has reportedly walked away and has instead chosen to take the initial public offering route. A bullish tech analyst on Tuesday commented on the...

Donald Trump's vice-presidential pick, Senator J.D. Vance, adds a former venture capitalist to the GOP ticket for the 2024 presidential election. It also comes as business leaders in the tech space donate to the former president. But Vance has favored breaking up large tech companies, namely...

Amazon.com Inc (NASDAQ:AMZN) has consistently shown growth across its diverse business segments, from e-commerce to cloud computing. While the bullish outlook for the Seattle-based company is well-documented, understanding the potential risks is crucial for a balanced investment strategy. A recent...

Despite a strong first quarter in 2024, Amazon Inc. (NASDAQ:AMZN) finds itself under the microscope of the Federal Trade Commission (FTC) and the Federal Communications Commission (FCC). What Happened: Brian Sullivan, host of CNBC’s “Last Call,” shed light on the FTC’s...

Twelve years ago today, social media company Facebook, which is now known as Meta Platforms Inc (NASDAQ:META) announced a $1 billion acquisition of mobile photo-sharing app Instagram. The acquisition happened shortly before the company's IPO and was criticized due to its massive price tag for a...

CNBC’s “Mad Money” host Jim Cramer expressed concern over the damaging impact on investor portfolios, attributed to the policies of Federal Trade Commission (FTC) Chair, Lina Khan. What Happened: Cramer’s criticism, aired on Monday, centers around Khan's opposition to...

Apple, Inc. (NASDAQ:AAPL) has been aggressively looking to make a splash in live sports coverage, and an analyst at Wedbush thinks this could result in the tech giant lapping up Walt Disney Co.-owned (NYSE:DIS) ESPN. Live Sports A Serious Opportunity: Apple has come to realize that adding live...

Amazon, Inc. (NASDAQ:AMZN) shares pulled back in premarket trading on Wednesday despite a lack of any announcement from the company. Amazon investors were bidding down the stock after Microsoft Corp. (NASDAQ:MSFT) hinted at higher spending related to AI, said CNBC Mad Money...

The Ninth Circuit U.S. Court of Appeal on Friday denied the Federal Trade Commission's appeal to block the impending acquisition of Activision Blizzard, Inc. (NASDAQ:ATVI) by Microsoft Corp. (NASDAQ:MSFT), Bloomberg reported. The appeals court's ruling is a setback for FTC Chair Lina Khan, who...