What makes the antitrust division between Google and Meta challenging?

It was a quarter of a century ago when the court seriously considered the wisdom of disbanding a giant technology company after it was discovered that Microsoft had illegally curtailed competition for personal computer software.

A U.S. District Judge said Microsoft forced it to split into two, and forced its exclusive window operating system to separate its office productivity products and other software. However, the Court of Appeals abandoned the order, calling it a “relief imposed with great care because it is rarely certain of its long-term effectiveness.”

This month’s pair of landmark lawsuits in two courtrooms in Washington, the issue of possibly potentially disbanding a large tech company is once again on the judicial table.

In an antitrust trial that began Monday, the Federal Trade Commission alleged that Meta maintained an illegal monopoly on social media through its acquisition of Instagram and WhatsApp. The agency is trying to force Meta to sell both. Next week, in another proceeding, federal judges will hear debate from the Department of Justice about why the courts are disbanding Google to improve the company’s monopoly in internet searches.

“We’re a great leader in our efforts to help people understand how we’re doing,” said William Kovacic, a law professor at George Washington University and a former chairman of the FTC.

For generations, courts have faced the challenges of what to do in major antitrust laws after it was discovered that the dominant company was engaged in anticompetitive behavior. In a Supreme Court decision in 1947, Judge Robert H. Jackson wrote that if the court’s solution did not open the market for competition, the government would remember that “we won the lawsuit and lost the cause.”

However, while the court’s decision is based on examining past facts, its remedies look to the future. The goal is not to thwart the market, but to free it and create a competitive environment that brings new ideas, new companies, more innovations, lower prices.

The challenge is to take on new importance as regulators have a huge drive to curb the tech giant in a series of antitrust laws that oppose power beyond communication, commerce and information.

In another lawsuit against Google, the Department of Justice awaits a judge’s decision regarding the company’s superiority in advertising technology. The department also sued Apple for its tactics to protect the favorable iPhone franchise. The FTC sued Amazon, saying it illegally protected its monopoly in its online retail business from competition.

This wave of antitrust lawsuits, including appeals, could last for years. And if the government wins any of the cases, the judge could order a breakup – the worst outcome for the business.

History shows that these orders could be effective, antitrust experts said. However, the outcomes of improved competition are mixed.

Standard Oil, an energy giant founded by John D. Rockefeller in 1870, was the decisive case of a progressive and unreliable era of the late 19th and early 20th centuries. That’s what the company was like Disbanded by the Supreme Court In 1911 it was divided into 34 entities that made up the original standard oil trust that controlled the production, refining, distribution and pricing of the oil industry. It initially helped the competition, but over time the trust’s descendants became their own oil giants, including Exxon Mobil, Chevron and ConocoPhillips.

The AT&T split in the 1982 settlement followed a lengthy antitrust lawsuit by the Department of Justice, which accused the United States of illegally monopolying the US telecom market. The local telephone business was split into seven regional “babybell” companies, with the order opening a long-distance telephone and telephone equipment market, increasing competition and lowering prices.

In antitrust terminology, such “structural” solutions generally refer to division. But there is Steps other than forced sale It could form a market and stimulate competition, anti-trust experts said.

In 1969, IBM unlocked hardware from software after pressure from the government’s antitrust laws, which accused it of monopolizing the computer market at the time. The software will no longer be “free” included in the computer price. It helped Microsoft as the biggest winner to ignite the rise of the commercial software industry.

Microsoft avoided breaking up, but the final settlement in 2001 included a ban on contracts that essentially used Windows monopoly as a club by restricting computer manufacturers from distributing software from emerging rivals. That suppression has kept the door open to new competition in browser software and search. Google was a major beneficiary.

“These were strong, break-up-free relief packages that created more competition,” said Fiona Scott Morton, professor of economics at Yale School of Business Administration.

The next powerful tech company facing court scrutiny is Meta and Google.

On Monday, the FTC and Meta (formerly Facebook) issued their opening statement in the U.S. District Court for the District of Columbia. The company’s CEO, Mark Zuckerberg, then stood up. The essence of the government case is that Facebook has been extremely overpaid for Instagram and WhatsApp over a decade ago, killing them to protect the lucrative monopoly of social networking.

Meta replied that Instagram and WhatsApp have grown and flourished under their ownership. And the company argued that there was a lot of competition in the social networking market, including the rise of the Tiktok meteor.

If the government wins the meta case, antitrust experts said there is a high possibility of a relief measure.

In the same Washington court next week, Google is facing a relief phase in a lawsuit by the Department of Justice and a group of states over its internet search monopoly. In August, Judge Amit P. Mehta discovered that Google was keeping its search monopoly illegal.

To restore competition, the government has asked the court to order Google to sell popular web browsers and is prohibited from spin-off the smartphone operating system Android or make the service mandatory on Android phones. Chrome and Android are powerful distribution channels for Google search.

Google describes the government’s list as “a violently outboard proposal” that “goes beyond court decisions” and harms consumers by providing products that are inferior to consumers. The company also said it would appeal.

Tim Wu, a law professor at Columbia University, was a White House advisor on technology and competition policy for the Biden administration, helping to break up Google and META cases.

“If you want to stir the pot, the structural solution is clean and essentially self-executive. You break up and leave,” he said. (Mr. Wu writes about the New York Times opinion section.)

However, every split order has been appealed, and today’s High Court appears to reflect skepticism in the Microsoft era.

In a rare unanimous decision in 2021, the Supreme Court ruled that the National Association of College Athletics cannot use its market power to stop paying student-athletes. It was essentially a fixed wage price case and was decided entirely for the plaintiff.

However, Judge Neil M. Gorsuch, who wrote for the court, derailed to create a broader point about antitrust judicial binding.

“In short, judges should never aim for that role to create poor “central planners,” he wrote.

Source: www.nytimes.com

Top podcast of the week: New Order’s resurgence following the disbandment of Joy Division

This week’s picks

The origins of Cush Jumbo
Widely available, with weekly episodes

Cush Jumbo is always a joy to be around during press appearances for her films (The Good Wife, Criminal Record, Hamlet), but she’s just as great now that the tables have been turned for her first podcast. She talks to stars like Kate Nash, Harlan Coben, and David Schwimmer about their origin stories, and in episode one, she interviews Anna Wintour, who says she hates people who are ambivalent and recalls being fired from Harper’s Bazaar for not being able to pin a dress on. Holly Richardson

Rebellious Spirit
Widely available, with weekly episodes
Comedian Akila Hughes returns to her Kentucky hometown and takes on a light-hearted yet serious mission: changing her high school’s racist mascot from a Confederate general to a biscuit. Can she drag her school into the modern era? And what will the change mean for her and the other students? Hannah Verdier

Origins host, Kush Jumbo. Photo: Darren Gerrish/WireImage for Royal Academy

Sarah and Cariad’s Weird Book Club
Widely available, with weekly episodes
For those who don’t fancy discussing books over cheese and wine, Sara Pascoe and Carrier Lloyd have gone beyond the usual selections for the second season of their book club. First up is Róisín Conaty’s Standard Deviation, a lovely novel by Katherine Haney about an mismatched couple doing their best to raise children. HV

Then and Now
Widely available, with weekly episodes
Would parenting and childhood have been better when Babatunde and Leonie Aleche were younger? The couple’s new podcast looks at the changes in parenting and is packed with laughs and chemistry. Babatunde is a comedian, but his wife is no less, and doesn’t hesitate to poke fun when needed. HV

Transmission: The Definitive Story of Joy Division and New Order
Widely available, with weekly episodes
Fans of New Order are in for a treat with this second season, which tells the story of the band’s journey “from black and white to color” with “Power, Corruption & Lies.” Band members and famous fans tell incredible stories about working with Arthur Baker, absorbing the beginnings of Ibiza dance culture, and the new era that saw the birth of World in Motion become a reality. HV

There is a podcast

Star Trek: The Next Generation: LeVar Burton’s Surprising Host at the LeVar Burton Reading Photo: Ronald Grant

this week, Graham Virtue 5 best podcasts Science fictionfrom alternate Marvel universes to star-studded tech thrillers.

Escape Pod
The sci-fi stories featured on Escape Pod often depict dizzying or unsettling futures. But this treasure trove of lovely speculative fiction is almost prehistoric for a podcast that first launched in 2005. Each episode delivers a mix of original short stories and fiction gleaned from other sci-fi mediums, delivered in a no-frills audiobook style. With episodes averaging 30 minutes in length, you could cycle through the rise and fall of an entire galactic empire in the time it takes to walk a dog. The back catalogue of over 900 stories is mind-boggling (here Where to start), but the Escape Pod has never lost its DIY origins.

Ad Rusem
The world of podcasts is a treasure trove of sci-fi audio dramas with impressive sound design and at least one big Hollywood star. The sleek yet unsettling conspiracy thriller Ad Lucem is a cutting-edge example, though its dark themes and occasional expletives may not be for everyone. Set on the eve of a transformative technology launch in 2032, its roots lie in the touch-deprived trauma of a pandemic. The show asks the question: What if a voice assistant could hug you? Olivia Wilde, Chris Pine and co-creator Troian Bellisario star in the lead roles, but veterans Fiona Shaw and Clancy Brown also deliver flawless supporting performances.

Read by LeVar Burton
Actor and director LeVar Burton (pictured above) will forever be associated with science fiction after his lengthy role in Star Trek: The New Generation. But before he played chief engineer Geordi La Forge, Burton hosted the US educational television show Reading Rainbow, helping to improve literacy for generations of primary school children. These two careers came together in LeVar Burton Reads, a collection of fantastical short stories that ran for over 200 episodes before wrapping up earlier this year (finishing with a Ray Bradbury classic). As you’d expect, Burton is a skilled and emotive storyteller, and at the end of each story he also offers his own reactions and reflections, adding to the haunting intimacy of each one.

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Marvel’s Wastelanders
Tired of superheroes in spandex? Good news. In the world of Wastelanders, most of the Avengers are brutally killed in a surprise attack. Decades later, the United States is a patchwork of villain-ruled fiefdoms in a post-apocalyptic world. This Mad Max version of the Marvel Universe is the grim backdrop for a vivid character study of five aging survivors. Goofy space cops Star-Lord (Timothy Busfield), a bitter circus act Hawkeye (Stephen Lang), The Lone Spy Black Widow (Susan Sarandon), the angry loner Wolverine (Robert Patrick) And the tyrant sidelined Doom (Dylan Baker) The immersive worlds and rich satirical humor make each series enjoyable even before the ragtag band of misfits teams up. One last time.

Clarks World Magazine
In the 1940s, science fiction magazines began publishing stories that popularized the genre. Fast forward to today, and science fiction magazines have largely replaced the mainstream of the 1970s. Asimov’s science fiction Digital Anthology Lightspeed Magazine – Create an audio spin-off. Clarks World Magazine The podcast offers a wide scope that broadens the horizons of science fiction and fantasy stories, often shedding light on international tales in translation. Episodes range from 10-minute snapshots to multi-part novellas, and if there’s a captivating sense that anything could happen, Kate Baker, the podcast’s host and narrator since 2009, provides a consistent, delightful flow.

Give it a try…

  • Football Weekly presenter Max Rushden teams up with comedian David O’Doherty What did you do yesterday? So they ask their famous friends how they’ve spent the last 24 hours.

  • Miracle Ranch, a California wellness center, promises its patients better, healthier lives through an “alkaline diet.” Chameleon: Doctor Miracle It details the fatal consequences.

  • BBC satire Everything is news It pairs a former diplomatic correspondent (played by real-life journalist-turned-comedian Helen Price) with a fallen cabinet minister (actor Michael Clarke) to critique the “centrist dad podcast” genre.

If you’d like to read the full newsletter, sign up to receive Hear Here in your inbox every Thursday.

Source: www.theguardian.com

Live Nation probes data breach at Ticketmaster’s US division | Cybersecurity Breach

Live Nation Entertainment is currently investigating a data breach at its Ticketmaster division that was discovered on May 20. This breach is the latest in a string of major corporate hacks that have occurred over the past year.

In a filing with the U.S. Securities and Exchange Commission, Live Nation reported finding “unauthorized activity” in a third-party cloud database containing primarily Ticketmaster data and is working with forensic investigators to address the issue.

Reports surfaced last week that a cybercrime group known as ShinyHunters claimed to have stolen user data for over 500 million Ticketmaster customers. However, Live Nation did not mention Shiny Hunters in its SEC filing.

Live Nation has not yet responded to requests for comment regarding the breach.

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This breach comes at a time when concert promoters are facing antitrust scrutiny. Live Nation is at the center of this scrutiny as the first target of antitrust lawsuits filed by U.S. and state governments seeking to break up the company for alleged price gouging on concert tickets.

According to Live Nation’s filing, on May 27, a criminal threat actor attempted to sell purported user data from Live Nation on the dark web. The company is actively working to mitigate risks, notify law enforcement, regulators, and users as needed, and ensure the security of personal information.

Despite the breach, Live Nation believes it will not have a significant impact on its operations or finances. The company is evaluating risks and implementing measures to enhance its operations.

Source: www.theguardian.com

Microsoft Appoints DeepMind Co-founder to Lead Newly Formed AI Division

Microsoft has named the co-founder of the British artificial intelligence research institute DeepMind as the head of its new AI division. Mustafa Suleiman, now 39 years old, co-founded DeepMind with Demis Hassabis and Shane Legg back in 2010. The company was later acquired by Google in 2014 for £400m and has since become the core of Google’s AI efforts. Suleiman left DeepMind in 2019 and will now lead Microsoft AI, a new organization focusing on the US company’s consumer products and research. Several members from Suleiman’s Inflection AI startup will also join the division.

Microsoft has made a multibillion-dollar investment in OpenAI, the developer of the ChatGPT chatbot, to develop generative AI technology. Satya Nadella, Microsoft’s CEO, praised Suleiman as a visionary product maker and a team leader with a bold mission. The new division will integrate Microsoft’s consumer AI efforts, such as the Copilot chatbot and the Bing browser, which utilizes ChatGPT technology. Copilot is a key element in Microsoft’s AI monetization efforts, enabling users to easily compose emails, summarize documents, create presentations, and more.

Suleiman’s colleague Karen Simonyan, also a co-founder of Inflection AI, will join the new division as a principal investigator. Meanwhile, Bloomberg News reported that Apple is in talks to incorporate Google’s Gemini AI product into the iPhone. Inflection AI, backed by Microsoft and Nvidia, has become one of the leading companies in the generative AI race.

Suleiman, who has roots in both Syria and the UK, recently published a book on AI titled “The Coming Wave.” In it, he discusses both the potential benefits and risks of AI technology, calling for an increase in research on AI safety. In an interview last year, he described the book as a “provocation,” noting the importance of predicting future trends and taking action to mitigate potential risks.

Source: www.theguardian.com

GM’s autonomous taxi division, Cruise, cuts 900 jobs as it faces challenges.

General Motors’ cruise self-driving car unit is restructuring and cutting costs after several safety incidents in San Francisco, resulting in over 900 layoffs, or about a quarter of its workforce. The subsidiary announced the layoffs in a letter from president and chief technology officer Mo El-Shenawy to Cruise’s 3,800 employees, stating that the layoffs were not the fault of the employees.

The layoffs come after Cruise acknowledged that nine key leaders are no longer with the company as an investigation into an October accident involving one of the company’s driverless robotaxis continues. “We are first simplifying and focusing our efforts to provide great service in one city,” El-Shenawy wrote in the letter. The measures follow an analysis of the October crash and response after a Cruise robotaxi struck and injured a pedestrian.

California regulators allege that Cruise concealed the severity of the October accident, and robotaxi services are also being investigated by US auto safety regulators. The employment measures include additional pay and benefits for laid-off employees.

“Today is one of the most difficult days yet as so many talented people are retiring,” El-Shenawy wrote. Cruise has faced significant turmoil in recent months, and General Motors is absorbing huge losses while developing a driverless service. GM plans to slow spending at Cruise, which it acquired eight years ago. For the first nine months of this year, Cruise posted a pretax loss of $1.9 billion.

Source: nypost.com