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'No Expiration Date' On Meta's Antitrust Case, Says Former FTC Chair As Trial Begins
Monday, April 14, 2025 - 3:05pm | 668Social media giant Meta Platforms (NASDAQ:META) could be forced to spinoff or divest Instagram and WhatsApp as the result of a pending trial with the Federal Trade Commission. What Happened: Lina Khan, who stepped down as FTC Chair in January 2025, is speaking out as Meta's antitrust trial begins...
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Google Antitrust 'Smoking Gun' Is Actually What Most Executives Are Paid To Do
Thursday, September 12, 2024 - 3:00pm | 1035New evidence has come to light in Alphabet Inc Class A's (NASDAQ:GOOGL) second antitrust trial in the U.S. The company, which owns Google, is again being called to the stand on monopoly charges. This time, it’s over its ad revenue business. “We’ll be able to crush the other...
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Warren Buffett's Sister Lost Every Game Of Monopoly — 'All My Money Was Gone,' But She Says She 'Trained Him To Be A Winner'
Tuesday, September 10, 2024 - 10:24am | 428In a recent interview, Bertie Buffett Elliott, the younger sister of Warren Buffett, offered fascinating insights into their childhood and her brother's rise to success. Despite Warren's stature as one of the world's most revered investors, to Bertie, he remains simply “my big brother....
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Google Says Opening Up Its App Store Is Expensive And Too Much Work, Gets Told By Judge, 'We're Going To Tear The Barriers Down'
Thursday, August 15, 2024 - 1:03am | 654Judge James Donato on Wednesday spoke about dismantling the monopoly of Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s Android app store in the ongoing Epic v. Google case. What Happened: Following a federal jury’s unanimous ruling eight months ago that Google’s...
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DOJ Case Against Live Nation Is 'Weak,' Analysts Say: 'Separating Ticketmaster... Is Unlikely To Lower Ticket Prices'
Friday, May 24, 2024 - 1:14pm | 550The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...
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Trump Media Firm's Tech-Ad Partner Rumble Sues Google For $1B Over Alleged Ad Monopoly
Tuesday, May 14, 2024 - 1:59am | 749Video sharing platform, Rumble (NASDAQ:RUM) has initiated legal proceedings against tech giant, Google (NASDAQ:GOOGL) (NASDAQ:GOOG), accusing it of monopolistic practices in its digital advertising products. Rumble is seeking damages in excess of $1 billion. What Happened: Rumble, the technology...
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Hasbro Secures $500M In Bonds As Part of Strategic Turnaround
Wednesday, May 8, 2024 - 5:57pm | 369Hasbro Inc. (NASDAQ:HAS) has raised $500 million of corporate debt through a sale of 10-year bonds, its first bond sale since 2019. The toy giant behind staples such as Monopoly, Beyblade and Play-Doh and film franchises Transformers and G.I. Joe issued debt with yields of 1.6% above treasury bills...
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Can Biden Or Trump Build IKEA Furniture? 2024 Election Polls May Have Gone Too Far
Monday, April 22, 2024 - 10:34am | 712In seven months, voters will decide the outcome of the 2024 presidential election, which is shaping up to be a battle between Joe Biden and Donald Trump. When picking the next president, there’s a lot to consider. But one election poll might have gone a bit overboard with some rather unique...
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Call Of Duty Pros Sue Activision Over Alleged Tournament Monopoly
Friday, February 16, 2024 - 4:18pm | 529In a lawsuit filed in a Los Angeles federal court, prominent players of the video game Call of Duty accused Microsoft Corp.'s (NASDAQ: MSFT) Activision Blizzard Inc. of establishing an illegal monopoly over professional leagues and tournaments for the game. The suit states that Activision...
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Amazon Hit By Antitrust Storm: Stock At 3-Month Low, 5 Analysts' Takeaways
Wednesday, September 27, 2023 - 1:05pm | 891Amazon.com, Inc. (NASDAQ:AMZN) is currently facing an antitrust lawsuit jointly filed by the Federal Trade Commission (FTC) and 17 state governments on Sept. 26. These legal actions allege the e-commerce and technology giant is wielding monopolistic power within the market and employing anti-...
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Google's Map Dominance Crumbles As Apple Maps Surges On iPhones, Reveals Finance VP
Tuesday, September 19, 2023 - 11:21pm | 574Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s map usage on iPhones has seen a significant decline, with the company recovering just 40% of its former mobile traffic since Apple Inc. (NASDAQ:AAPL) switched to its own mapping service. ...
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Google's High-Stakes Antitrust Trial: Search Engine Giant Contends Its Quality, Not Monopoly That Drives Users To It
Tuesday, September 12, 2023 - 11:51pm | 609In the ongoing antitrust trial, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has contended that its dominant position in the market results from quality and user choice rather than anti-competitive practices. What Happened: The U.S. Justice...
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Google Antitrust Lawsuit: US Judge Upholds Key Claims Made By Federal Government
Saturday, August 5, 2023 - 6:20am | 578A U.S. judge, presiding over the Justice Department’s antitrust lawsuit against Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, has upheld crucial claims made by the federal government. What Happened: The U.S. Justice Department filed a lawsuit in 2020, alleging that Google used...
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The Parker Brothers Sell 'Monopoly' On This Day In Market History
Monday, February 6, 2023 - 11:27am | 376Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? In 1935, the Parker Brothers began sales of “Monopoly,” a now-global pastime. Where Was The Market? The Dow averaged $103.70 throughout February, while the S&P 500 averaged $8.98...
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Want The Thimble, Boot Or Wheelbarrow Back In Monopoly? You're In Luck With New Contest
Friday, April 29, 2022 - 3:49pm | 343One of the most popular board games of all time is inviting fans to vote on their favorite tokens to impact the game moving forward. What Happened: Monopoly, a board game from Hasbro Inc (NASDAQ: HAS), announced the launch of its Throwback Token Vote. Monopoly is offering fans the chance to vote...