Facebook Hits $1 Trillion Market Cap After FTC’s Antitrust Lawsuit Is Dismissed

Todd Spangler NY Digital EditorFacebook claims it will be opening its checkbook in a big way for creators: CEO Mark Zuckerberg said the social-media giant will pay out more than $1 billion to creators on Facebook and Instagram through 2022.Zuckerberg announced the new initiative in a Facebook post Tuesday — but didn’t provide a lot of details.“We want to build the best platforms for millions of creators to make a living, so we’re creating new programs to invest over $1 billion to reward

England fans rallied behind the team on Sunday 11 July as they faced Italy in the final of the Euros.The tournament came to a heartbreaking end as England lost against Italy during penalties and mayhem ensued in parts of London as a result.The Met Police were forced to make 49 arrests during and after the game, and as well as this some football fans without tickets stormed Wembley Stadium.

Teen Mom 2 star Briana DeJesus has two strong women in her corner amidst her fight against co-star and longtime rival Kailyn Lowry. After it was revealed that Kailyn filed a lawsuit against Briana for defamation, Briana’s sister Brittany DeJesus and mother Roxanne DeJesus both took to Twitter to defend her.

published an article about their declining partnership. (See the above photo, which was snapped Thursday afternoon.)The article was written by Sheera Frenkel and Cecilia Kang, who have a book about Facebook, “An Ugly Truth,” due out next week.

Google is facing another antitrust lawsuit from a coalition of attorneys general, as the government officials target the tech giant for its business practices, claiming that it is trying to gain an unfair advantage for its own streaming services via its app store.

Donald Trump said on Wednesday that he is filing class action claims against Facebook, Twitter and Google, along with their CEOs, after the companies suspended or banned his accounts following the Jan. 6 insurrection.

Trump has been off Facebook since Jan. 7, one day after the deadly riot at the U.S.

Todd Spangler NY Digital EditorFormer U.S. president Donald Trump — evidently still furious about getting kicked off social media platforms over his role in the Jan.

Dani Dyer has hit back at mum shamers after they accused her of "influencing" other mums to wean their children before six months old. In a new YouTube video, the Love Island star, 24, who set up an incredible inflatable pub in her garden for the Euros, revealed her decision to wean her son is completely up to her.

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independent newsletter Bulletin on Tuesday, as competition heats up against rivals Substack and Twitter-backed Revue.

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the case to be thrown out, claiming the FTC failed to prove the company has harmed consumers or that it’s built a social media monopoly.On Monday, the court sided with Facebook, although it did say the FTC was allowed to file an amended complaint. “Whatever it may mean to the public, ‘monopoly power’ is a term of art under federal law with a precise economic meaning: the power to profitably raise prices or exclude competition in a properly defined market,” the filing said.

Todd Spangler NY Digital EditorFacebook won a legal victory Monday after a federal district court tossed out the Federal Trade Commission’s antitrust complaint against the social-media company, saying the agency had failed to make a case that Facebook held a monopoly.Facebook’s stock popped 4.7% Monday on the news to all-time highs.

A federal judge tossed out the Federal Trade Commission’s antitrust lawsuit against Facebook, concluding that the government failed to establish that the tech platform had a monopoly on social media networks.