T-Mobile added 1 million of its most-valuable customers in the fourth quarter of 2019, the company said Tuesday. The news comes as the third largest US wireless carrier awaits the outcome of a federal court case to decide whether it will be allowed to merge with Sprint. The company issued preliminary results and said it …
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The fate of the $26 billion megamerger between T-Mobile and Sprint is in the hands of a federal judge. The companies head to court today, where they’ll defend their deal to combine the third and fourth largest wireless carriers in the US against a challenge from state attorneys general who say the merger will hurt competition and lead to higher prices. …
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Antitrust regulators for the European Commission are conducting an investigation of Google’s data-collection practices — an action that suggests the EU isn’t convinced that its recent record fine on the search giant had the desired effect. An EU executive said it’s seeking information on how and why the company collects data. The EU is particularly focused on local search services, …
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The states trying to stop the $26.5 billion merger between T-Mobile and Sprint say their case is simple: Reducing the number of nationwide wireless carriers from four to three reduces competition and is “under well-established law, presumptively illegal.” That’s the gist of the 30-page court document filed by New York Attorney General Letitia James and California Attorney General Xavier Becerra …
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For a couple of years now, skeptical politicians across the western world have been wondering whether US tech giants are getting too big for their own good. It’s sparked the question as to whether companies such as Facebook, which owns a bunch of competing messaging services as well as Instagram, should be broken up. But ask one of Silicon Valley’s …
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Colorado is the second state to drop its lawsuit to stop the $26.5 billion merger between T-Mobile and Sprint. It’s the latest news in the ongoing saga surrounding the merger of T-Mobile and Sprint, a deal announced more than a year ago aimed at helping the companies combat wireless heavyweights AT&T and Verizon. On Monday, the Colorado Attorney General’s …
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Google’s plans to use a new internet protocol has raised concerns among congressional antitrust investigators who worry it could give the company an unfair competitive advantage, the Wall Street Journal reported Sunday. Investigators want to know whether Google will use any data collected through the new protocol for commercial purposes. Investigators for the House Judiciary Committee asked Google in a …
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YouTube CEO Susan Wojcicki rejected calls to spin off YouTube, Google’s massive online video service, from the search giant and its parent company, Alphabet. “We use technology from Google that’s really helpful, like all the machine learning … to find the violative content. Being able to do that at scale, we benefit from the Google technology,” she said Wednesday at the …
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The US Justice Department plans to investigate Facebook to determine whether it violated federal antitrust laws, Bloomberg reported Wednesday. The investigation, reportedly begun at the urging of US Attorney General William Barr, comes as the Federal Trade Commission conducts its own investigation into whether the social media giant illegally harmed competition. While the FTC’s probe focuses on whether Facebook’s acquisitions …
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Another antitrust investigation will be kicked off against US tech giants, according to a report, this time coming from a group of state attorneys general. Citing sources, The Wall Street Journal reported Monday the probe could be launched in September and could look into whether companies like Google, Facebook and Amazon use their power to stifle competition in the market. …
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