• Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
Cartographeum
No Result
View All Result

Facebook Confirms Zuckerberg Interviewed in US FTC Investigation

Juliet Woodard by Juliet Woodard
August 22, 2020
Home Technology
Share on FacebookShare on Twitter

Facebook confirmed on Thursday that chief executive Mark Zuckerberg was interviewed earlier this week at a Federal Trade Commission (FTC) investigative hearing as part of the government’s antitrust probe into the social media company.”We are committed to cooperating with the US Federal Trade Commission’s inquiry and answering the questions the agency may have,” the social media company said in a statement.The FTC declined to comment.Politico reported the interview earlier on Thursday.The FTC told Facebook in June 2019 it was probing whether the company has engaged in unlawful monopolistic practices.Facebook faces similar probes by the Justice Department and by state attorneys general and has said the investigations are looking at prior acquisitions and business practices involving “social networking or social media services, digital advertising, and/or mobile or online applications.”Politico said Zuckerberg’s testimony was conducted under oath over two days this week remotely. Staff from states investigating Facebook were also involved, Politico reported.In July 2019, Facebook agreed to pay a record-breaking $5 billion (roughly Rs. 37,443 crores) fine to resolve a separate FTC probe into the company’s privacy practices.The FTC probe that resulted in the $5 billion settlement uncovered a wide range of privacy issues.The FTC came under criticism in the privacy probe for not requiring Zuckerberg to answer questions under oath. FTC Chairman Joe Simons said in 2019 it was unnecessary to depose Zuckerberg.Also in July 2019, the US Justice Department said it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices.Last week, Deputy Attorney General Jeff Rosen told Reuters the tech investigation was going “full tilt.” He declined to specify when the government would decide whether to bring an antitrust action against Alphabet ‘s Google.© Thomson Reuters 2020Should the government explain why Chinese apps were banned? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Juliet Woodard

Juliet Woodard

Next Post
Monetary arsenal must be kept dry for use: Das

Monetary arsenal must be kept dry for use: Das

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Gold plunges ₹ 1,492, silver tanks ₹ 1,476

Rupee settles 48 paise higher at 73.82 against US dollar after RBI Guv comments

August 29, 2020
Boeing, NASA to Launch Starliner

Boeing, NASA to Launch Starliner’s First Crewed Mission in 2021

August 26, 2020

Trending.

Understanding Emergency Rental Assistance For Landlords And Tenants

Understanding Emergency Rental Assistance For Landlords And Tenants

January 27, 2021
Call of the mall – The Hindu

Call of the mall – The Hindu

October 16, 2020
Nirmala Sitharaman press meet live | Centre announces Atmanirbhar Bharat Rozgar Yojana for formal sector

Nirmala Sitharaman press meet updates | Finance Minister announces 12 schemes to boost economy

November 12, 2020
Facebook Bars Deceptive Campaign From Pro-Trump Group

Facebook Bars Deceptive Campaign From Pro-Trump Group

October 10, 2020
Redmi 9, Oppo A53 2020, More Phones Launching in India Next Week

Redmi 9, Oppo A53 2020, More Phones Launching in India Next Week

August 21, 2020

Cartographeum brings you the latest information about Tech,Real Estate & Business.

Follow Us

Categories

  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
  • Uncategorized

Tags

Amazon Apple Watch 2 Bombay stock exchange BSE Business Buying Guides china closing trade coronavirus Covid COVID-19 currency dollar rate economy Finance Ministry foreign exchange forex gold india indian economy Indian stock market Industry iOS 10 lockdown luxury homes market and exchange markets nifty Nirmala Sitharaman NSE oil pandemic Playstation 4 Pro rbi real estate Reserve Bank of India rupee rupee rate Rupee value rupee vs dollar sensex Sillicon Valley stock exchange Stocks USD

Recent News

Contemporary Lakefront Estate In Austin, Texas Sells For A Record Price Tag

Contemporary Lakefront Estate In Austin, Texas Sells For A Record Price Tag

March 4, 2021
Rhode Island Company Turns Shipping Containers Into Accessory Dwelling Units

Rhode Island Company Turns Shipping Containers Into Accessory Dwelling Units

March 4, 2021
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Computers
  • Gear

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.