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Why Losing to Meta in Court Could Still Be a Win for Antitrust Regulators

As the Federal Trade Commission prepares to face off in court against Meta over a V.R. start-up deal, the agency is testing a novel argument as part of a strategy to push...

Chamath Palihapitiya, The ‘SPAC King,’ Is Over It

Chamath Palihapitiya, once a relentless cheerleader of special purpose acquisition companies, blames the Federal Reserve for the end of SPAC mania.  » mehr lesen

Twitter’s Rivals, Including Meta, Try to Capitalize on Musk-Induced Chaos

New start-ups and other social platforms sense opportunity as Twitter grapples with changes from Elon Musk, its new owner.  » mehr lesen

Juul Agrees to Settle Thousands of Vaping Lawsuits

The deal is the latest in the company’s efforts to resolve litigation over its marketing of products that some contend fueled the teenage vaping crisis.  » mehr lesen

Strikes Across Iran Lead to Shuttered Shops and Ghost Towns

Activists say it is the next phase in an uprising that began in September, after the death of 22-year-old Mahsa Amini in the custody of the morality police.  » mehr lesen

The Brilliance and Weirdness of ChatGPT

A new chatbot from OpenAI is inspiring awe, fear, stunts and attempts to circumvent its guardrails.  » mehr lesen

FDA Report Faults Agency’s Food Unit for Leaderless Dysfunction

Spurred by the infant formula crisis, a panel found that the agency shied away from tough decisions, sometimes fearing confrontations with industry over enforcement of critical public health issues.  » mehr lesen

Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows

The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.  » mehr lesen

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