TagFederal Trade

THIS WEEK IN BUSINESS: RECESSION FEARS

By Maelyn
In Business
5 Min Read
T

Wednesday was not a great day for the company formerly known as Facebook. First came a lawsuit from the Federal Trade Commission and then, the company announced its first-ever revenue decline since it went public. The F.T.C., led by Lina Khan, one of Big Tech’s biggest critics, is suing Meta to block it from buying Within, a virtual reality company that would aid the leap by Meta’s chief...

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