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Zuckerberg's Empire Threatened as Facebook Sued; SpaceX Flight's Fiery Success: World Brief
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December 10, 2020
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2:26Now PlayingA major step toward the possible breakup of Facebook has been taken by the U.S. Federal Trade Commission by formally filing an antitrust lawsuit against the technology giant, accusing it of abusing its monopoly powers in social networking to stifle competition.
The FTC and a coalition of states also suing the company zeroed in on Facebook’s acquisition of photosharing app Instagram for $715 million in 2012, and the $22 billion deal for messaging service WhatsApp two years later. The deals, which sailed past regulators when they were proposed, were meant to “squelch” competitive threats, the commission wrote in its complaint Wednesday. Now, the FTC wants Facebook to divest the two businesses an idea that poses an existential threat to the empire built by Chief Executive Officer Mark Zuckerberg. MORE
COVID VACCINE: Canada's health regulator on Wednesday approved Pfizer’s COVID-19 vaccine, days ahead of possible approval in the United States, and say it hopes to start giving the shots next week. Canada is set to receive up to 249,000 doses this month and officials expect to start to administer 30,000 doses next week after an initial batch is shipped from Belgium on Friday.
SPACEX: SpaceX’s first high-altitude test flight of its next-generation Starship spacecraft ended in a massive fireball in South Texas after a mission that otherwise went smoothly until the landing, prompting an upbeat reaction from founder Elon Musk. The nearly seven-minute flight Wednesday was stable until the landing attempt when the Starship failed to slow down enough, video images provided by SpaceX showed. The impact of the unoccupied rocket then engulfed the landing site in flames.
GHANAGhanaian President Nana AkufoAddo won reelection, securing another fouryear mandate to lead Africa’s biggest gold producer. AkufoAddo got 6.73 million votes, or 51.6% of valid ballots, while his closest rival John Mahama, of the main opposition National Democratic Congress, got 47.4%, the head of the country’s electoral commission, Jean Mensa, told journalists Wednesday in the capital, Accra. The frontrunners were separated by just over 500,000 votes. MORE
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