Friday, November 6, 2020

Sources: FTC is likely to sue Facebook for antitrust violations before the end of November and FTC Chair Joe Simons favors keeping the suit in-house (Leah Nylen/Politico)

Leah Nylen / Politico:
Sources: FTC is likely to sue Facebook for antitrust violations before the end of November and FTC Chair Joe Simons favors keeping the suit in-house  —  But the agency may keep the case internal, stymieing states that want to team up.  —  FTC Chair Joe Simons testifies during a House Energy …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...