Tesla Inc’s (NASDAQ: TSLA) full self driving system, known as Autopilot, is a subject of focus and on the Federal Trade Commission's radar, Reuters
November 30, 11:38 AM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Nov. 30, 1999, a $73.7 billion merger between Exxon and Mobil Oil established the largest company in the world.
November 17, 4:55 PM
U.S. President Joe Biden has called on Federal Trade Commission Chairwoman Lina Khan to investigate whether gasoline prices are being kept at artificially high levels by the nation’s oil-and-gas companies.
Facebook Overpaid FTC In Cambridge Analytica Settlement To Ensure Zuckerberg Personally Gets Off The Hook, Allege Shareholders
September 22, 6:08 AM
Facebook Inc. (NASDAQ: FB) overpaid billions of dollars to the Federal Trade Commission in 2019 in order to protect CEO Mark Zuckerberg from personal liability related to the Cambridge Analytica data breach, the company's shareholders alleged in a pair of lawsuits.
President Joe Biden Seeks New Scrutiny On Mergers, Increased Antitrust Enforcement: What You Need To Know
July 9, 10:54 AM
U.S. President Joe Biden is signing an executive order on Friday designed to reshape the federal response to corporate mergers and acquisitions, with a particular emphasis on the technology and financial services industries.
June 29, 12:18 PM
Facebook, Inc (NASDAQ: FB) shares traded higher on Monday, briefly reaching a $1 trillion market cap, after a judge dismissed two antitrust lawsuits against Facebook brought by the FTC and a coalition of U.S.
June 28, 4:16 PM
In 2012, Facebook Inc (NASDAQ: FB) held its highly anticipated initial price offering with the company valued at around $100 billion. Less than 10 years later, the company is now valued at over $1 trillion.