48 U.S. States and FTC are suing Facebook for illegal monopolization

The US Federal Trade Commission and a coalition of 48 state attorneys general on Wednesday filed a pair of sweeping antitrust suits against Facebook, alleging that the company abused its power in the marketplace to neutralize competitors through its acquisitions of Instagram and WhatsApp and...

Privacy Groups Seek to Halt Facebook Acquisition of WhatsApp

The appeal of WhatsApp, the cross-platform mobile messaging app recently acquired by Facebook for a stunning $19 billion price tag, was that it kept to its promise of not collecting user information that would be converted to ad revenue. The acquisition by Facebook, however, likely changes that...