department of justice

Visa will not acquire Plaid after running into regulatory wall

Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup. The deal, valued at $5.3 billion at the time of its

What a Facebook Photos product manager thinks about antitrust

We may pick a battle with Facebook and win, but lose the larger war. Losing that war may mean pushing the next Instagram out of Silicon Valley.

YouTube declares war on US election misinformation… a month late

As Twitter and Facebook scrambled to institute new policies for the 2020 election, YouTube was… mostly quiet. The platform didn’t make any flashy announcements about a crackdown on electio

Daily Crunch: DOJ files suit to stop Plaid acquisition

The DOJ challenges Visa’s acquisition of a fintech startup, Apple releases the latest version of iOS and goPuff acquires an iconic alcohol retailer. This is your Daily Crunch for November 5, 202

DOJ says it seized over $1 billion in bitcoin from the Silk Road drugs marketplace

Two days ago, about $1 billion worth of bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, one of the biggest underground drug websites on the dark web, suddenly chan

DOJ files antitrust lawsuit challenging Visa’s $5.3 billion acquisition of Plaid

The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid. News of the DOJ’s investigation first broke last month. “By ac

Apple search crawler activity could signal a Google competitor, or a bid to make Siri a one-stop shop

Encouraged by the spate of antitrust activity brewing in both the Justice Department and on Capitol Hill, Apple may be developing a search competitor to Google, according to a report in the Financial

The DOJ is investigating Visa’s $5.3 billion bid for Plaid on antitrust grounds

It’s not just big tech that’s getting the antitrust treatment from the Department of Justice. Late Monday afternoon, the Department of Justice tipped its hand that it was investigating Vis

Equity Shot: The DoJ, Google and what the suit could mean for startups

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast where we unpack the numbers behind the headlines. It’s a big day in tech because the U.S. federal government is

Investors appear to shrug at antitrust lawsuit aimed at Google

Investors do not seem concerned that the Department of Justice filed an antitrust suit against Google earlier today. The suit, seen by some as a stunt near the election, is one of a multi-part push to

Section 230 will be on the chopping block at the next big tech hearing

It looks like we’re in for another big tech CEO hearing. The Senate Commerce Committee voted Thursday to move forward with subpoenas for Twitter’s Jack Dorsey, Facebook’s Mark Zucker

Justice Department says WeChat users won’t be penalized under Trump’s executive order

In a Wednesday filing in federal court, the United States government said that users who use or download WeChat “to convey personal or business information” will not be subject to penaltie

Justice Department charges five Chinese members of APT41 over cyberattacks on US companies

The Justice Department has announced charges against five alleged Chinese citizens, accused of hacking over 100 companies in the United States, including tech companies, game makers, universities and

Apple opens up — slightly — on Hong Kong’s national security law

After Beijing unilaterally imposed a new national security law on Hong Kong on July 1, many saw the move as an effort by Beijing to crack down on dissent and protests in the semi-autonomous region. So

Decrypted: Tesla’s ransomware near miss, Palantir’s S-1 risk factors

Another busy week in cybersecurity. In case you missed it: A widely used messaging app used by over a million protesters has several major security flaws; a little-known loophole has let the DMV sell

Twitter says Android security bug gave access to direct messages

Twitter says a security bug may have exposed the private direct messages of its Android app users, but said that there was no evidence that the vulnerability was ever exploited. The bug could have all

Amazon says police demands for customer data have gone up

Amazon has said the number of demands for user data made by U.S. federal and local law enforcement have increased more during the first half of 2020 than during the same period a year earlier. The dis

Garmin global outage caused by ransomware attack, sources say

An ongoing global outage at sport and fitness tech giant Garmin was caused by a ransomware attack, according to two sources with direct knowledge of the incident. The incident began late Wednesday and

US charges two Chinese spies for a global hacking campaign that targeted COVID-19 research

U.S. prosecutors have charged two Chinese nationals, said to be working for China’s state intelligence bureau, for their alleged involvement in a massive global hacking operation that targeted h

California reportedly launches antitrust investigation into Google

According to a report in Politico, California has become the 49th state to launch an antitrust investigation into Google. California and Alabama were the only states that did not participate in an ant
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