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The logo for Facebook appears on screens at the Nasdaq MarketSite in New York’s Times Square. (AP Photo/Richard Drew, File) The Federal Trade Commission (FTC) has refiled a claim in federal court alleging that Facebook (FB) is breaking antitrust laws, buy running an illegal “buy-or-bury” scheme. “Facebook has maintained its monopoly position in significant part by pursuing CEO Mark Zuckerberg’s strategy, expressed in 2008: ‘it is better to buy than compete,'” the agency wrote in its Source link

Apple’s Mac has long been an afterthought for the video game industry, and few think of Google as a games company — despite running Android, one of the biggest game platforms in the world. But Google had a plan to change those things in October 2020, according to an explicitly confidential 70-page vision document dubbed “Games Futures.” The “need-to-know” document, which was caught up in the discovery process when Epic Games hauled Apple into court, reveals a tentative… Source link

Top U.S. health officials laid out a plan to roll out booster shots for the general population, in a somewhat phased manner based on initial vaccinations, starting September 20. But before then, the U.S. Food and Drug Administration (FDA) and the U.S. Centers for Disease Control and Prevention (CDC) must look through data and evaluate for safety and effectiveness. The announcement from the White House Wednesday sparked debate over whether or not it was the right move.  On one hand, the U.S has… Source link

Google will invest an additional $1 billion into its data center operations in New Albany while buying land in Columbus and Lancaster for more data centers. The Columbus site is the home of the old Hartman Farm off of South High Street. “We are delighted that Google Cloud has committed to expanding its presence in Ohio, further solidifying the state’s position as one of the country’s leading destinations for cloud technology investment,” Gov. Mike DeWine said Thursday in a statement…. Source link

There may be a budding consumer spending slowdown underway at the hands of COVID-19 Delta variant fears, but that isn’t stopping some household name retailers from reinstating the dividends and buyback plans they scrapped at the height of the pandemic.  For some analysts on the Street, the moves make total sense.  “I wouldn’t say that anyone [retailer] returning cash is all of a sudden better off than they were before, but I think they are realizing that they did a good job. They put as much… Source link

Grubhub and autonomous vehicle developer, Yandex Self-Driving Group (SDG) will deploy robot delivery at The Ohio State University. The deployment at Ohio State marks the first university venture for the recently announced partnership between the two companies. Robot delivery will be available to the more than 60,000 students and staff at OSU, and will offer food from on-campus dining locations via the Grubhub. Yandex will provide a fleet of 50 of the company’s robots operating on the OSU… Source link

Google has confirmed a whole new bunch of alarmingly serious security vulnerabilities in Chrome 92, just two weeks after the last batch of flaws was fixed. These new security threats mean that “an attacker could exploit to take control of an affected system,” the U.S. Cybersecurity and Infrastructure Security Agency (CISA) has stated. Indeed, CISA, a standalone federal agency under U.S. Department of Homeland Security (DHS) oversight, is encouraging both users and administrators to “ Source link

The majority of U.S. households paid no federal income taxes in 2020, a spike driven by the pandemic-induced economic downturn and multiple rounds of tax-based assistance. The trend is likely to continue in 2021. Nearly 107 million households — or 61% of U.S. households — owed no federal income taxes in 2020, according to estimates by The Tax Policy Center, marking a 40% increase from 2019 when 43.6% of households didn’t pay taxes. “Even though those numbers are very dramatic, they are… Source link

Google’s Pixel 6 phones. Google Google may have unveiled the Pixel 6 and Pixel 6 Pro earlier this… Source link

Goldman Sachs on Thursday cut its GDP forecast for the U.S., warning of continued supply chain disruption and heightened inflation caused by the COVID-19 delta variant.  But the bank still anticipates robust 6% growth for the U.S. economy this year.   The world’s richest countries boast relatively high rates of vaccination that ensure strong economic growth, despite a wave of infections brought about by the delta variant, Ian Bremmer, Eurasia Group founder and political scientist, tells… Source link