google Justice Department Readies Second Antitrust Lawsuit Targeting Google Ad Dominance The DOJ is preparing to sue Google over its control of the digital advertising market as soon as next month. This marks a second major antitrust case against the tech giant, following a previous lawsuit focused on search monopolies.
meta Meta Revenue Falls Short as Net Income Drops 36 Percent Meta reports its first-ever annual revenue decline alongside a massive plunge in net income, missing analyst expectations for the second quarter. The social media giant also provides a weak Q3 forecast amid broader advertising headwinds.
tech policy US Lawmakers Advance Landmark Privacy Bill and CHIPS Act in July The House Energy and Commerce Committee advances the American Data Privacy and Protection Act while the House passes the CHIPS and Science Act. Antitrust advocates also continue pushing for votes on major tech competition bills.
antitrust Senate Races to Pass Tech Antitrust Reform Before Midterm Elections Lawmakers push to pass the American Innovation and Choice Online Act before the August recess, aiming to stop dominant platforms from favoring their own products. Supporters fear the bill dies if Republicans take the House in November.
eu Apple and Google Push Back Against EU's Landmark Tech Regulation The European Union passes the Digital Markets Act to curb Big Tech dominance, but Apple and Google argue the new rules threaten user privacy and stifle innovation.
ftc FTC Blocks Nvidia's Attempted $40 Billion Acquisition of Chip Designer Arm Federal regulators successfully halt Nvidia's massive proposed buyout of Arm Ltd., citing severe threats to semiconductor market competition. The decision preserves Arm's neutral licensing model for rival chipmakers.
ftc FTC Blocks Nvidia's Attempted 40 Billion Dollar Acquisition of Chip Designer Arm Federal regulators successfully halt Nvidia's massive proposed buyout of Arm Ltd, citing significant antitrust concerns. The decision preserves Arm's neutral licensing model in the global semiconductor industry.
nvidia Failed Nvidia-Arm Deal Highlights Global Crackdown on Vertical Mergers Nvidia officially abandons its $40 billion attempt to acquire Arm after facing relentless regulatory opposition across the US, Europe, and the UK. The collapsed deal underscores a strict new global approach to scrutinizing vertical mergers in the technology sector.
nvidia Nvidia Abandons Arm Acquisition Amid Fierce Global Regulatory Opposition Nvidia officially scraps its planned $40 billion takeover of chip designer Arm due to insurmountable regulatory hurdles. Opponents feared the deal would restrict global access to vital smartphone and electronics chip architectures.
antitrust Biden Administration Pursues Three-Pronged Strategy Against Big Tech Monopolies The Biden administration pushes to modernize antitrust enforcement by targeting anti-competitive acquisitions, redefining data as market power, and building public support for new regulations.
ftc FTC Files Lawsuit to Block Massive $40 Billion Semiconductor Merger The Federal Trade Commission takes legal action to stop a massive $40 billion semiconductor chip merger. The agency argues that the deal severely limits competition in the critical technology sector.
meta Federal Judge Rules in Favor of Meta in Landmark FTC Antitrust Lawsuit A US district judge rules that the FTC fails to prove Meta currently holds a monopoly, ending the agency's bid to break up the tech giant. The FTC plans to appeal the decision.
nvidia UK Launches Deep National Security Probe Into Nvidia's $40 Billion Arm Takeover The UK government orders a phase 2 investigation into Nvidia's $40 billion acquisition of chip designer Arm over antitrust and national security concerns. Global regulators continue to heavily scrutinize the delayed semiconductor deal.
nvidia EU Regulators Halt Nvidia Arm Acquisition Investigation Indefinitely European Commission regulators pause their probe into Nvidia's $40 billion bid for Arm, citing pandemic-related data gathering issues. This delay adds another major roadblock to the embattled deal following recent legal action by US regulators.
nvidia EU Pauses Nvidia's ARM Acquisition Investigation Amid Growing Opposition European regulators halt their investigation into Nvidia's $40 billion bid to acquire ARM due to pandemic-related delays. The deal faces mounting global scrutiny and potential blocks over concerns it will stifle competition and innovation.