Stocks hit a record as strong earnings reports crowd out Delta variant jitters. [New York Times, The]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: New York Times, The
In a filing with the U.S. District Court for the District of Columbia, the agency asked for a three-week extension, or until Aug. 19, to amend a lawsuit that the court dismissed last month . The F.T.C. said in its request that it had reached an agreement with Facebook over the proposed extension. Last month, Judge James E. Boasberg of the federal court knocked down a core argument made by the F.T.C. , saying prosecutors had failed to provide enough persuasive facts to back up the claim — that Facebook holds a monopoly over social networking. But the judge gave the F.T.C. a 30-day window to refile its lawsuit. The new lawsuit will be the first major action by Lina Khan, the new chair of the F.T.C. and a critic of Facebook, Google and Amazon who has advocated for the breakup of the digital platforms. Wall Street notched a fresh record on Friday as a number of strong corporate earnings reports helped investors overcome worries about the rapidly spreading Delta variant of the coron
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