Facebook Acquisition Review Shows EU's New Antitrust Power

BRUSSELS— Facebook Inc. has hit a new obstacle in Europe in its planned takeover of a small New York-based startup, showing how antitrust muscle-flexing is increasingly affecting deals an ocean away. With a new interpretation of an old law, European Union competition

Robinhood Prices IPO at $38 a Share

Robinhood Markets Inc. priced its initial public offering at $38 a share, at the low end of expectations, after the popular trading platform met tepid demand for its highly anticipated debut. The price chosen by the company and its underwriters is at

Facebook's Ad Business Poised to Post Another Strong Quarter

Facebook Inc. is expected to post sharp growth in quarterly revenue and profit, fueled by robust digital ad spending, as it continues to face regulatory scrutiny over the size and influence of its platforms. The social-media company’s second-quarter earnings report, due Wednesday

Judge Extends Facebook Antitrust Deadline

WASHINGTON—The Federal Trade Commission has until Aug. 19 to file an amended version of its antitrust lawsuit against Facebook Inc. after a judge granted the agency an extension. Judge James E. Boasberg of the U.S. District Court for the District of Columbia

Apple, Amazon, Tesla Set to Post Results

Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving investors insight into the impact from the Covid-19 pandemic, the Delta variant and increased business costs. In all, 180 members of the

WPP Pulls Out of Facebook's Media Agency Review

Facebook Inc.’s incumbent ad-buying shop GroupM has pulled out of the social-media giant’s agency review, the companies said. Rival advertising firms Dentsu Inc., Havas Group and Publicis Groupe SA are still competing for the highly sought after account, which includes ad spending

Apple Delays Office Return to October at the Earliest

Apple Inc. AAPL 2.60% is delaying its return to the office by at least a month as the Covid-19 Delta variant has led to a rise in infections and hospitalizations across the U.S. and world. The Cupertino, Calif.-based company told workers Monday

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