EU Antitrust Battle: Meta Fights Back Against Allegations in Crucial Hearing

EU Antitrust Battle: Meta Fights Back Against Allegations in Crucial Hearing

European Commission sent a formal charge sheet to Meta, identifying two specific practices that it believed demonstrated Meta’s abuse of its dominant market position.

Intel is Selling $1.5 Billion Worth of Shares in Mobileye

Intel is Selling $1.5 Billion Worth of Shares in Mobileye Intel shares sell Mobileye

Intel has been focused on integrating Mobileye’s technologies into its product portfolio and collaborating with industry partners

MTNL Faces Uncertain Future: Government Plans Closure and Consolidation with BSNL

MTNL Faces Uncertain Future: Government Plans Closure and Consolidation with BSNL

The closure of MTNL and the consolidation of its operations with BSNL are expected to have several implications for the Indian telecom industry.

Giphy’s Journey: From Meta’s Acquisition to Shutterstock’s Opportunity

In a surprising turn of events, Meta, the parent company of popular social media platforms like Facebook, Instagram, and WhatsApp, has sold the animated-GIF search engine Giphy to Shutterstock for $53 million. This comes just three years after Meta acquired Giphy for a hefty sum of $400 million. The sale was prompted by the UK’s … Read more