Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai recently testified before a U.S. House committee about antitrust-related accusations against the tech giants. That hearing sometimes devolved into accusations by Republicans that the companies’ policies and products weren’t fair to conservatives. Now the two men, plus Twitter CEO Jack Dorsey, have to go back to Washington—virtually, of...
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When Antitrust Opposition Boosts Value: The Information’s Tech Briefing

Sometimes, the government is here to help. The Justice Department’s antitrust lawsuit that killed Visa’s acquisition of Plaid promises to become a windfall for shareholders in the fintech startup, as The Information reported today. Visa had agreed to pay $5.3 billion for Plaid, but there’s now investor interest in the company at a valuation of $15 billion or more. The episode...
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