Facebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint
CNN
A federal court has dismissed the Federal Trade Commission's antitrust complaint against Facebook, saying the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking.
In an opinion published Monday afternoon, Judge James Boasberg of the US District Court for the District of Columbia held that the FTC "failed to plead enough facts to plausibly establish ... that Facebook (FB) has monopoly power in the market for Personal Social Networking (PSN) Services." Boasberg wrote that the FTC did not do enough to back up its assertion that Facebook holds a "60%-plus" share of the social media market.
Speaking to CNN ahead of Tuesday’s announcement, the founder of one of China’s first private architecture firms reflects on a career designing unpretentious buildings in an era of excess.
The US Centers for Disease Control and Prevention is on the ground in Texas to respond to the growing measles outbreak. The agency posted on X that it’s partnering with the Texas Department of State Health Services.
The measles outbreak is surging in West Texas, especially in under-vaccinated communities, but it’s not just coverage with the measles vaccine that is lagging behind. The use of other key vaccines in the childhood immunization schedule has decreased too.
Selena Gomez was among the celebrities to wear intricate, hand-embroidered gowns featuring thousands of shimmering embellishments to the 2025 Oscars.
As a measles outbreak in Texas has grown to nearly 150 cases, US Health and Human Services Sec. Robert F. Kennedy Jr. said in an opinion piece on Fox News on Sunday that parents should consult with health-care providers “to understand their options to get the MMR vaccine” for their children.
Selena Gomez was among the celebrities to wear intricate, hand-embroidered gowns featuring thousands of shimmering embellishments to the 2025 Oscars.
Another new discovery in the ruins of Pompeii has shed light on the wilder side of the ancient Romans.
Many beauty enthusiasts have recently turned to ingredients you’d usually find in the food aisle, such as bananas, flaxseed and even beef tallow, as a way to hydrate the skin and reduce acne.
One hundred forty-six measles cases have been reported in the outbreak in West Texas, the Texas Department of Health Services said in an update today. This is 22 more confirmed cases since an update on Tuesday, when 124 cases were reported.