TicketMaster parent Live Nation facing DOJ antitrust lawsuit as soon as May: report

The Justice Department is preparing to file an antitrust lawsuit against Live Nation as soon as next month, the Wall Street Journal reported on Monday, citing people familiar with the matter. Live Nation’s subsidiary Ticketmaster, which for decades has been condemned for hardball tactics and high prices, was also widely criticized in 2022 after botched ticket sales for Taylor … Read more

US Federal Trade Commission could reach settlement with or sue TikTok over probe on children’s privacy, says source

The US Federal Trade Commission could resolve its investigation into Chinese-owned short video app TikTok over allegedly faulty privacy and data security practices by either filing suit or reaching a settlement in the coming weeks, a source told Reuters. Politico earlier reported the potential FTC action on Tuesday citing people with direct knowledge of the … Read more

Britain blames China for hack that accessed data of millions of voters

LONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind “malicious” cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing. The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed. “I can … Read more

DOJ’s Kanter has a message to shareholders

The Justice Department’s top antitrust official said Friday that Apple shareholders should encourage the company to “compete on the merits,” one day after the government sued the iPhone maker over allegedly anticompetitive practices. “Competition on the merits is good for everybody,” Jonathan Kanter, assistant attorney general for antitrust, said on CNBC’s “Squawk Box.” “Good for … Read more

US sues Apple in landmark iPhone monopoly case

It joins Amazon, Google and Facebook-owner Meta which are also facing antitrust lawsuits in the United States. US Attorney General Merrick Garland (centre) speaks at a news conference in Washington on Thursday. Photo: Bloomberg At the heart of the case is Apple’s alleged exclusionary practices that set strict and at times opaque conditions on firms … Read more

Former Boeing employee who reportedly raised concerns about company found dead

John Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead of an apparent suicide, according to authorities in South Carolina. Barnett had worked at Boeing for 32 years before leaving the company in 2017, according to the BBC, which previously reported on his efforts to raise … Read more

Biden to issue executive order safeguarding American personal data from US adversaries

President Biden will issue an executive order Wednesday preventing large-scale transfers of Americans’ personal data to U.S. adversaries, such as Russia, China and Iran. The executive order directs the Department of Justice (DOJ) to establish protections for genomic data, biometric data, personal health data, geolocation data, financial data and sensitive government-related data. “Our intelligence community … Read more

Apple could face antitrust lawsuit from DOJ as early as March

Apple is set to face an antitrust lawsuit as soon as March, with the Justice Department preparing to argue that the tech behemoth uses anticompetitive practices to protect the dominance of the iPhone. The DOJ’s is aiming to file the suit sometime in the first quarter, which ends on March 31, people familiar with the … Read more

DOT reveals reason for vast majority of flight delays

A flight approaches the airport in San Diego, Calif. K.C. Alfred/Getty Images In this week’s airline news, the Transportation Department said the flight cancellation rate in 2023 dropped by almost 50% from the previous year, and the rate over the year-end holidays was even lower; DOT also said the vast majority of flight delays were caused … Read more