Facebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint
CNN
A federal court has dismissed the Federal Trade Commission's antitrust complaint against Facebook, saying the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking.
In an opinion published Monday afternoon, Judge James Boasberg of the US District Court for the District of Columbia held that the FTC "failed to plead enough facts to plausibly establish ... that Facebook (FB) has monopoly power in the market for Personal Social Networking (PSN) Services." Boasberg wrote that the FTC did not do enough to back up its assertion that Facebook holds a "60%-plus" share of the social media market.
Embellished with about 200 embroidered elements, the star’s custom bustier dress blossomed with feathers, silk chiffon and silk organza.
After a record week of flu activity in the US, hospitalizations and deaths continue to grow.
The first measles cases hit the region last fall, and the South Carolina health department declared an outbreak at the start of October. Now, more than 200 cases have been reported over the past few months, and there are no signs of slowing.
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From Rolls-Royce to Aston Martin, high-end carmakers are catering to their wealthiest clients through bespoke projects where no ask is too much.
The US Department of Health and Human Services is recommending fewer vaccines for most American children, health officials said Monday.
Americans can now purchase the starter dose of blockbuster weight-loss drug Wegovy as a pill, drug maker Novo Nordisk announced Monday. Other strengths will be available as pills by the end of the week.
For political wives, the inauguration coat is an agenda-setter — a first statement on how someone who may or may not have aspired to be a public symbol will navigate the always-tricky, often exasperating world of appearing in public. Here’s how Zohran Mamdani’s wife handled it.
The United States reported more than 2,000 measles cases in 2025, federal data shows, a higher annual total than the country has seen in decades.
A growing number of shoppers are questioning the value of luxury goods, as videos criticizing the poor quality of high-end products go viral.
Most US states are experiencing high or very high flu activity, and levels continue to increase nationwide.