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Oct. 18, 2021
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Software and technology

Facebook valued at $1T after antitrust lawsuit dismissed

June 29, 2021

A court ruled the FTC did not provide sufficient evidence that Facebook monopolizes the personal social networking market. Image credit: Getty

 

By Luxury Daily News Service

Tech giant Facebook’s shares rose more than 4 percent on June 28, bringing its value above $1 trillion, after a federal court dismissed the Federal Trade Commission’s (FTC) antitrust complaint against the social media company.

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  1. Louis XIII steps toward pinnacle of exclusivity with ultra-rare decanter
  2. Introducing Luxury Women to Watch 2022
  3. Natural Diamond Council debuts emerging designer collections for sale
  4. Valentino CEO Jacopo Venturini on redefining luxury in a changing China
  5. Louis XIII gets a taste of gamification with immersive experience
  6. Effective UGC will differentiate retailers from competitors
  7. Facebook, Moët Hennessy, Audi and Fifth Avenue Association
  8. COVID-19 eased techlash, data privacy still an issue: AMA
  9. Hermès, Chanel most valuable in resale handbag market
  10. Gucci is 2020 Luxury Marketer of the Year
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Louis XIII steps toward pinnacle of exclusivity with ultra-rare decanter
Effective UGC will differentiate retailers from competitors
Natural Diamond Council debuts emerging designer collections for sale

COVID-19 eased techlash, data privacy still an issue: AMA
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