Facebook announced it will spend $40 billion on stock buybacks, but he declared 2023 quote the year of efficiency. FTC lost a challenge against the company to stop it from acquiring VR games company called Within. Kohler slash showering is up nearly 26% as we record this; news might not be what it seems.
The Fed eases up on the brakes, Elon Musk looks for new ways to monetize Twitter, and Snap has another rough quarter. Also: Meta may have prevailed in a fight with the FTC. Today’s Friend of Pivot is Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the DOJ. He stops by to discuss Google, antitrust, and his agency's fight against monopolies.
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