BUSINESS

Zuckerberg Denies Meta Bought Rivals To Conquer Them

Mark Zuckerberg took direct aim at the US government's argument that he sought to neutralize rivals when his company Facebook, now Meta, bought Instagram and WhatsApp
Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close.
US Federal Reserve Chair Jerome Powell, seen in early April, said Trump's tariffs could push up prices and slow growth

Trump Tariffs Could Put US Fed In A Bind, Powell Warns

US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, the central bank's chair said Wednesday.
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Facebook CEO Mark Zuckerberg attends the inauguration of Donald Trump

Meta Faces Landmark US Antitrust Trial

Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.
Tokyo stocks led a surge across Asian markets as traders breathed a sigh of relief after Donald Trump delayed most of his crippling tariffs

Stocks Zoom Higher As Trump Delays Painful Tariffs

Stocks rocketed Thursday as a relief rally spread through markets after Donald Trump paused crippling tariffs on US partners, with Chinese investors even brushing off his decision to ramp up duties on Beijing to 125 percent.

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