Facing a $5 Billion Fine, Facebook Adds $10 Billion in Market Value

“Facebook’s infringements of the 2011 consent decree and its pattern of violating user trusts have been both vast and brazen.” – Letter to FTC from Sen. Ed Markey (D-Massachusetts), Sen. Richard Blumenthal (D-Connecticut), Sen. Josh Hawley (R-Missouri) The Senators are reacting to word that’s leaked out that Facebook will by hit with a record $5

The Justice Department Investigation into Google: What We Know

Facebook’s gotten a lot of attention lately by legislators and regulators, but now the attention is shifting towards Google. The Justice Department is focusing on advertising and search, but the exact focus is unclear according to the Washington Post.  CNBC reports that investigation is about whether the tech company violated laws to ensure fair competition