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Facebook Controls Over 90% of the Social Networking Market, FTC Says

Facebook averaged a 92% share of the social networking market based on time spent with its products, between 2012 and 2020, according to a significantly less redacted version of the Federal Trade Commission’s antitrust that was filed Wednesday. After its initial lawsuit was thrown out over the summer, the FTC refiled its case with more detail in August. According to the less redacted...

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Musk Is Biting Off More Than He Can Chew By Picking a Fight With Apple
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Elon Musk appears to be taking a page out of Donald Trump’s presidential playbook: If in doubt, pick a fight—with everyone. Having alienated a large group of Twitter’s advertisers, while risking Twitter's relations with regulators and simultaneously mocking the news media, Musk today started a public brawl with Apple, even threatening to go to war over its App Store fees. Musk may...
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The Big Read
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Sequoia Capital's Alfred Lin. Photo by Getty Images
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Bob Chapek via Bloomberg
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Alfred Lin. Photo by Getty Images.
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