The online grocery startup Instacart just announced its new CEO will take over on August 2nd. Fidji Simo has been in charge of Facebook’s “big blue app”.
Critics of Big Tech market power got a preview of the long slog likely ahead in US courts after a federal judge this week dismissed anti-trust lawsuits against Facebook.
In December last year, an antitrust lawsuit was filed against Facebook alleging that has harmed competition by buying up smaller companies like Instagram and WhatsApp to squash the threat they posed to its business.
Commentary: One of Big Tech’s Biggest Critics Is Now Its Regulator. This Has Implications for Users Globally
The Biden administration's choice to lead a federal agency could bring changes for users of Amazon, Apple, Facebook, and Google, says NTU’s Mark Cenite.
Also attending the test session were Andrew Bosworth, Facebook's vice president of AR/VR, and Head of Facebook App Fidji Simo.
US lawmakers unveiled a wide-ranging antitrust agenda Friday, aiming to rein in the competitive power of giants like Amazon, Apple, Facebook, and Google.