Technology

Matthew Prince, co-founder and chief executive officer of Cloudflare Inc., speaks during the Wall Street Journal Tech Live global technology conference in Laguna Beach, California, U.S., on Monday, Oct. 21, 2019. The event brings together investors, founders, and executives to foster innovation and drive growth within the tech industry. Martina Albertazzi | Bloomberg | Getty
The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday. The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp. Both are seeking remedies for the alleged anticompetitive conduct that could result in requiring Facebook to divest the two apps.
Pilot models of the Uber self-driving car. Angelo Merendino | AFP | Getty Images Uber‘s self-driving unit, Advanced Technologies Group (ATG), is being acquired by its start-up competitor Aurora Innovation, the companies announced Monday. The deal, expected to close in the first quarter of 2021, values ATG at approximately $4 billion. The unit was valued