Hyderabad: Actress Kangana Ranaut took part in the Green India Challenge and planted saplings at Panchavati park in Telangana’s Shamshabad.
Taking to social media, Kangana dropped a few pictures in which she is seen planting saplings.
“I’ve accepted #HaraHaiTohBharaHai #GreenindiaChallenge And planted three saplings today morning in Hyderabad…,” Kangana posted on Twitter.
Kangana, on Wednesday, participated in the Green India Challenge initiated by Rajya Sabha MP Santosh Kumar.
The ‘Queen’ star also thanked Kumar for starting this challenge, urging everyone to plant trees to protect the environment.
Meanwhile, on the work front, Kangana will be seen in ‘Emergency’. She played the character of Indira Gandhi, the former Prime Minister of India. Apart from that, she has also directed the movie. This is not the first time that Kangana has portrayed the character of a political personality. Kangana earlier portrayed late actor-politician J. Jayalalithaa on the silver screen in the movie ‘Thalaivii’.
She is currently working on ‘Chandramukhi 2’, which sequel to the blockbuster hit Tamil horror comedy film ‘Chandramukhi’. The original film starred Rajinikanth and Jyothika in the lead roles.
Kangana will also be seen in ‘Tejas’ in which she will be seen portraying the role of an Indian airforce pilot. The official release date of the film is still awaited. ‘Manikarnika Returns: The Legend of Didda’, and ‘The Incarnation: Sita’ are also in her kitty.
The Federal Trade Commission has decided it won’t challenge Amazon’s $3.9 billion deal for primary care provider One Medical, according to a person with direct knowledge of the matter.
The time period in which the FTC can sue to block the deal prior to its closing expires today, the person said. The decision paves the way for the deal to close later this week. The deal, announced in July, had been undergoing an in-depth review at the FTC for the past eight months.
However, while the companies are free to close the deal, the FTC is not ruling out a challenge in the future, and is warning the companies it will continue to investigate. Any FTC challenge, though, would focus on unwinding the deal, a more difficult proposition than preventing it from closing.
“The FTC’s investigation of Amazon’s acquisition of One Medical continues,” said FTC spokesperson Douglas Farrar. “The commission will continue to look at possible harms to competition created by this merger as well as possible harms to consumers that may result from Amazon’s control and use of sensitive consumer health information held by One Medical.”
Bloomberg earlier reported on the FTC’s decision to not challenge the One Medical deal.
One Medical is the second Amazon acquisition to go unchallenged at the FTC since Lina Khan, a fierce critic of the company, took over the agency in 2021. Amazon’s purchase of MGM Studios also closed without opposition, though the commission at the time was deadlocked 2-2 along partisan lines, preventing a lawsuit.
Federal law provides strict timelines for merger review. Once a deal is filed with the FTC and Justice Department, the agencies have 30 days to decide whether to open an in-depth probe. If they do, the agency reviewing the deal has another 30 days to decide whether to challenge the deal in court after the companies fully comply with all demands for information.
The FTC can agree with merging companies to extend that latter deadline. It couldn’t be learned what agreements Amazon had with the FTC, but Tuesday marked the deadline for the agency to decide on whether to sue.
One Medical is a membership-based primary care provider, with locations around the U.S. Amazon shut down a similar service shortly after it bought One Medical, and a key focus of the investigation was whether Amazon chose to buy a competitor rather than compete with it.
The person with knowledge of the investigation said that while the FTC had serious concerns about the deal, it would have been a challenging case.
An FTC probe of Amazon’s takeover of iRobot, maker of the Roomba robot vacuum, is still underway, as is a more wide-ranging antitrust investigation of the company that is expected to result in a lawsuit later this year, according to two people with knowledge of that investigation.
An Amazon spokesperson declined to comment.
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( With inputs from : www.politico.com )
“The FTC’s investigation of Amazon’s acquisition of One Medical continues,” said FTC spokesperson Douglas Farrar. “The commission will continue to look at possible harms to competition created by this merger as well as possible harms to consumers that may result from Amazon’s control and use of sensitive consumer health information held by One Medical.”
Bloomberg earlier reported on the FTC’s decision to not challenge the One Medical deal.
One Medical is the second Amazon acquisition to go unchallenged at the FTC since Lina Khan, a fierce critic of the company, took over the agency in 2021. Amazon’s purchase of MGM Studios also closed without opposition, though the commission at the time was deadlocked 2-2 along partisan lines, preventing a lawsuit.
Federal law provides strict timelines for merger review. Once a deal is filed with the FTC and Justice Department, the agencies have 30 days to decide whether to open an in-depth probe. If they do, the agency reviewing the deal has another 30 days to decide whether to challenge the deal in court after the companies fully comply with all demands for information.
The FTC can agree with merging companies to extend that latter deadline. It couldn’t be learned what agreements Amazon had with the FTC, but Tuesday marked the deadline for the agency to decide on whether to sue.
One Medical is a membership-based primary care provider, with locations around the U.S. Amazon shut down a similar service shortly after it bought One Medical, and a key focus of the investigation was whether Amazon chose to buy a competitor rather than compete with it.
The person with knowledge of the investigation said that while the FTC had serious concerns about the deal, it would have been a challenging case.
An FTC probe of Amazon’s takeover of iRobot, maker of the Roomba robot vacuum, is still underway, as is a more wide-ranging antitrust investigation of the company that is expected to result in a lawsuit later this year, according to two people with knowledge of that investigation.
An Amazon spokesperson declined to comment.
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( With inputs from : www.politico.com )
SRINAGAR: Alarm bells have started ringing in the academic campuses world over as artificial intelligence can do more than what students are required to do in classrooms, at home and while writing their examinations. Though the technology is still in its infancy stage, the value addition could threaten the jobs of millions of people across diverse sectors.
ChatGPT, an Artificial Intelligence (AI) chat platform can write essays, legal briefs, scripts, emails, poetry, jokes, computer programmes, business proposals, complex code, debug your code, clear exams, do worksheets, write healthy recipes, and can write all types of comprehensive and error-free content among other complex things.
Generative Pre-trained Transformer (GPT) can get you all the things you could ask for in a simple chat. It is the AI platform integrated with the messaging platform. The open access to the app can lure students to do their homework and assignments through the IA platforms, which poses a great challenge to the ethics surrounding this advanced technology.
The text-based AI Chatbot is the creation of the San-Francisco based Start-up called ‘Open-AI’. The ChatGPT interface allows users to converse with the AI model in English and many other languages. It is almost like talking with a human. It gives answers within seconds one on one just by prompting a question/query/phrase.
What Is ChatGPT And Why Is Everybody Talking About It?
The implications of ChatGPT are stark for educators, academicians, editors, researchers, scriptwriters, screenwriters, and content writers among others. They are worrisome and in severe despondency because of the fear of being jobless due to this advanced AI tool.
This text-generation tool poses a great threat to the education sector as the educationists fear that students will never need to learn to write, as they can merely lean on ChatGPT.
According to the Brookings Institute, “ChatGPT is the latest challenge to the creative human intellect. It is a conversational bot responsive to users’ questions in ways that allows it to search large databases in a fraction of a second.”
Schools and colleges all over the world have been banning this software because of its heavy usage in writing homework and assignments. New York City’s Department of Education imposed a ban on ChatGPT immediately after its passing of complex exams surfaced on social networking sites. It achieved almost fifty per cent in one of the difficult medical exams called the United States Medical Licensing Exam (USMLE). In another separate case, ChatGPT gained more than average in the University of Pennsylvania’s Wharton MBA exam. It also cleared the US law exam with an ample score to qualify.
Indian educators, technologists, and entrepreneurs are also in the doldrums because of the rising implications of the ChatGPT. Could it replace the role of a teacher? Could the intelligent Chat bot add to rising dropout rates in schools and colleges, are among the intriguing questions they are looking for? Rashtreeya Vidyalaya (RV) University in the technology capital of India, Bengaluru is the first Indian University that banned ChatGPT on its campus. French, German, and Australian universities are also planning to put a blanket ban on the usage of ChatGPT inside the campus.
Although there is a significant discussion about the potential misuse of ChatGPT, the prevalent among them is its use by students to write essays, assignments, and other assigned homework.
Many educationists propose that AI should be seen as an opportunity rather than a hindrance in education. George Siemen, an international expert on AI suggests, “Educators should focus on how AI can be used to improve education. Chatbots like ChatGPT are innovations that are here to stay, so rather than banning them, it is far more beneficial for educators to explore and experiment with such tools to get a better sense of what can be done with them to generate better ideas.”
The panic about the technological threat to education is not new, but every advancement in technology proved to be a blessing in disguise and improved the ways of learning new things. Advancements in learning technology from slate, chalk, and paper, to digital pages and three-dimensional simulation videos all were previously called the death of learning, which proved otherwise. Therefore, panicking and saying ‘you cannot touch the technology’ is not a way out. It is how we get used to it that will be valuable to students and teachers, reported The Age.
Even though Open AI also released anti-cheating software called ‘AI-text Classifier’ that could identify the AI-produced text by studying the hiding cryptographic signals, called watermarks, its effectiveness is still doubtful because it does not cite the source of information and thus there is no linkage formation between the reader and the writer.
ChatGPT has amassed five million users within five days of its release. It gained a hundred million monthly active users only two months into its launch and became the fastest-growing consumer application in history. Thus, it is a revolution that we cannot ignore or run away from.
There is no doubt that Chatbots like ChatGPT will increase the domain and scope of knowledge but the question remains whether students will continue to learn the basic skills and whether this technology will really become the next big thing.
Mumbai: The Shiv Sena (UBT) on Friday said it would move the Delhi High Court to challenge the decision of the Election Commission (EC) on awarding the party’s original name ‘Shiv Sena’ and its symbol ‘Bow and Arrow’ to the Balasahebanchi Shiv Sena headed by Maharashtra Chief Minister Eknath Shinde.
Shiv Sena (UBT) chief spokesperson and MP Sanjay Raut slammed the EC move, saying it made a mockery of truth and justice.
“… 40 people laid claim over Balasaheb Thackeray’s Shiv Sena and the EC approved it. The script was already written and ready,” said Raut.
The Sena (UBT) leader said “the country is heading towards dictatorship” and “the traitor kept saying that the (EC) verdict will be in his favour. A miracle has happened! Keep fighting”.
On the other hand, the BSS leaders including Shinde, Shambhuraj Desai and others welcomed the EC move, and said that they would now start working immediately under the new name and symbol.
“It’s a victory for the ideals of Hindu Hriday Samrat Balasaheb Thackeray and Anand Dighe, all the elected representatives (MLAs and MPs) who are with me and lakhs of workers. It’s the triumph of democracy and the EC decision has come on merits in our favour. Our government was formed based on the Constitution, majority support and the peoples’ mandate,” said Shinde.
The EC verdict was also hailed as ‘historic’ by the ruling ally state Bharatiya Janata Party President Chandrashekhar Bawankule, and called it ‘Satyameva Jayate’ (triumph of truth).
Deputy Chief Minister Devendra Fadnavis said that Shinde’s party, which was following the ideals of the late Balasaheb Thackeray, has been given the name ‘Shiv Sena’ and ‘Bow and Arrow’ symbol.
Fadnavis said that they were hopeful of the verdict as the Election Commission has relied on its past decisions in similar cases, and hence, ruled in favour of Shinde in a free and fearless manner despite pressure from the other side.
Sena (UBT)’s spokesperson Sushma Andhare said that the party will give a legal challenge to the EC ruling and “the next battle will be fought in the courts”.
She accused the government of deploying central probe agencies and misusing public offices, which led to the collapse of the erstwhile Maha Vikas Aghadi (MVA) government in June 2022.
Leader of Opposition in Council Ambadas Danve said that Sena (UBT) President Uddhav Thackeray will address the media later on Friday night, and present views on the EC verdict.
Fadnavis added that now the real Shiv Sena, founded by Balasaheb Thackeray, has now come to Shinde who has been following his ideals and principles, and the Sena (UBT) was free to challenge the EC ruling in the high court.
Meanwhile, the ECI decision was greeted with cheers, slogans of “Shiv Sena Zindabad, Eknath Shinde Zindabad”, bursting of fire-crackers, distributing sweets, displaying the ‘Shiv Sena’ name and ‘Bow and Arrow’ symbols, in the CM’s home town Thane, Nashik, Aurangabad and other places in Maharashtra.
The appeals court wrote Lake’s appeal failed because the evidence supports the conclusion that “voters were able to cast their ballots, that votes were counted correctly, and that no other basis justifies setting aside the election results.”
Shortly after the ruling, Lake tweeted: “I told you we would take this case all the way to the Arizona Supreme Court, and that’s exactly what we are going to do. Buckle up, America!”
Lake, who lost to Hobbs by just over 17,000 votes, was among the most vocal 2022 Republicans promoting former President Donald Trump’s election lies, which she made the centerpiece of her campaign. While most of the other election deniers around the country conceded after losing their races in November, Lake did not.
Lawyers for Lake focused on problems with ballot printers at some polling places in Maricopa County, home to more than 60% of the state’s voters. The defective printers produced ballots that were too light to be read by the on-site tabulators at polling places. Lines backed up in some areas amid the confusion.
County officials say everyone had a chance to vote and all ballots were counted since ballots affected by the printers were taken to more sophisticated counters at the elections department headquarters.
Lake’s attorneys also claim the chain of custody for ballots was broken at an off-site facility, where a contractor scans mail ballots to prepare them for processing. They claim workers at the facility put their own mail ballots into the pile, rather than returning them through normal channels, and also that paperwork documenting the transfer of ballots was missing. The county disputes the claim.
Hobbs’ attorneys said Lake was trying to sow distrust in Arizona’s election results and offered no proof to back up her allegations of election misconduct.
Lake faced extremely long odds in her challenge, needing to prove not only that misconduct occurred, but also that it was intended to deny her victory and did in fact result in the wrong woman being declared the winner. In her appeal, her lawyers argued a trial court judge applied the wrong standard of proof in deciding the case.
Hobbs took office as governor on Jan. 2.
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( With inputs from : www.politico.com )
Hyderabad: With the aim of accelerating innovation in areas of Connected, Autonomous, Shared, and Electric (C.A.S.E.) mobility in India, young entrepreneurs presented their innovative business ideas to the jury at the C.A.S.E. Mobility Grand Start-up Challenge as part of the ongoing Hyderabad E-Mobility Week (5-11 February 2023).
Founders of seven startups, including two each from the state of Telangana and Karnataka, and one each from Tamil Nadu, Maharashtra, and Gujarat, presented their innovations and business ideas and made strong pitches to the jury at the finals of the challenge.
Speaking at the occasion, Jayesh Ranjan, Principal Secretary, Information Technology, Electronics & Communications, and Industries & Commerce Departments, Govt. of Telangana said, “The C.A.S.E Mobility Grand Challenge is an important part of the Hyderabad E-Mobility Week and addresses important aspects of innovation in new-age mobility.
Innovation will help fuel the movement to sustainable mobility and I wish all the participants a great journey ahead. i-elektrik, which creates smart charging solutions for the emerging EV markets won the Challenge while NeoMotion, an IIT Madras startup that creates transformative electric products for wheelchair users (elderly, physically challenged) to enable them to be an inclusive part of society was adjudged the runner-up.
They both will avail a grant of INR 15 lakhs, sponsored by TVS Motor, for their projects.
The Challenge saw participation from other startups like Hala Mobility which provides multimodal EV shared mobility platform with two offerings, EV as a service and platform as a service for micro fleet operators; Adiabatic, a social enterprise that provides scalable intelligent Battery Management System technology (BMS) to calculate and predict accurate battery data, reducing temperatures of the battery; Comuti Energy Vayu, a sustainable mobility venture with patented technology of storge of fuel for fuel cell technology, Aatral that develops innovative cathode for Sodium-Ion batteries as an alternate of lithium batteries, and AutoNXt which builds driverless electric tractors and high voltage electric powertrains
Saurabh Bakliwal, MD & Partner, BCG, one of the juries for the event, said, “The solutions built by the startups in CASE challenge were truly very bold, taking on leading global companies with deep tech solutions. It was really energising to witness the impressive quality of their submissions and be a part of the jury, evaluating and celebrating the brilliance of these entrepreneurs.”
Sascha Ricanek, VP, ZF RaceEngineering, Vikram Garga, Group Head, Marketing, Apollo Tyres, Sanjeev P, Head, Micro Mobility, TVS Motor; Mamatha Chamarthi, Head of Software & Business Product Management, Stellantis; and Prof. Rajalashmi, Director TiHan, IIT Hyderabad were other jury members for the event.
Amidst the challenges in adapting green mobility future, Telangana is one of the first states to launch the EV&ESS policy in 2020. Currently, the state is growing to be the biggest hub for technology and innovation by being home to several of the largest global IT players and auto industries.
The C.A.S.E. Mobility Grand Start-up Challenge provided startups an opportunity to share innovative, feasible, and scalable solutions for tangible problems prevalent in urban mobility India with new-age entrepreneurs, innovators, and investors.
The Challenge was organized by the Government of Telangana in association with T-Hub, the world’s largest innovation centre, in association with Telangana Mobility Valley (TMV), India’s first cluster focusing on new and sustainable mobility, and TiHan.
For more information, please visit the event’s website at www.evhyderabad.in.
Guwahati: As the total number of arrests in the continued drive against child marriage in Assam reached 2,528 on Tuesday, the DGP said the biggest challenge for the force now is filing charge sheets within the stipulated timeframe.
The police during the day arrested 87 more people in the crackdown, which started on Friday.
“Crackdown continues. Total arrest so far 2528,” Chief Minister Himanta Biswa Sarma said in a tweet.
Protests against the arrests by women activists were reported during the day from Silchar in Cachar district. Four of them were arrested and released on personal bond, police said.
The Director General of Police (DGP) G P Singh said that the biggest challenge for the police is now to file charge sheets within a 60 to 90 days period.
Singh said that the police did not aim to harass anybody but its role was to stop child marriage completely in the state by the next two to three years.
“We have registered 4,074 cases and over 2,500 people have been arrested till this morning. All the accused in these cases have been identified and they will be arrested and charge sheets filed against them,” Singh told PTI.
On the 65 accused people already securing bail, the DGP said the focus is on ensuring that charge sheets are filed within the stipulated time frame.
“Bail is okay. To me, it is not important who stays in jail for how long. It is important that they have to be charge-sheeted and they face the music of law,” he asserted.
Chairperson of Assam State Commission for Protection of Child Rights (ASCPCR) Sunita Changkakoti told PTI that the crackdown was a much-awaited move and it will send a strong message to the society against this menace.
“We have been campaigning against child marriage for long and hold regular district review meetings in which we involve all stakeholders, including government departments like the health and education and NGOs. A concerted effort by all sections of society can help in ending the problem,” she said.
The Assam police had launched the crackdown on child marriage on Friday with over 2,000 arrested within the first two days.
Chief Minister Himanta Biswa Sarma had earlier asserted that the drive will continue till the 2026 Assembly election.
Justifying the crackdown, Sarma had pointed out that teenage pregnancy accounted for nearly 17 per cent of over 6.2 lakh pregnant women last year in the state.
The opposition parties have criticised the manner in which it is being carried out, terming the arrests of teenage husbands and family members as “abuse of law” for political gain and equating the police action with “terrorising people”.
The state cabinet had recently approved a proposal to book men who have married girls below 14 years of age under the Protection of Children from Sexual Offences Act, 2012 (POCSO).
Cases under the Prohibition of Child Marriage Act, 2006 will be registered against those who have married girls in the age group of 14-18 years, the cabinet had decided.
The offenders will be arrested and the marriages declared illegal.
Assam has a high rate of maternal and infant mortality, with child marriage being the primary cause as an average of 31 per cent of marriages registered in the state are in the prohibited age, according to reports of the National Family Health Survey.
Of the 4,004 cases of child marriage registered recently, the highest was reported in Dhubri (370), followed by Hojai (255), Udalguri (235), Morigaon (224) and Kokrajhar (204).
Thane: The Balasahebanchi Shiv Sena (BSS) on Tuesday termed as “childish” former Maharashtra minister Aaditya Thackeray’s comments challenging Chief Minister Eknath Shinde to contest election against him from the Worli Assembly seat in Mumbai.
Aaditya Thackeray, who was a cabinet minister in the erstwhile Maha Vikas Aghadi (MVA) government headed by his father Uddhav Thackeray, is the sitting MLA of the Shiv Sena (Uddhav Balasaheb Thackeray) from Worli.
Addressing a press conference here, Naresh Mhaske, a spokesperson of the Shinde-led Balasahebanchi Shiv Sena, said Aaditya Thackeray is not even a shakha pramukh (local party unit chief) and should stop comparing himself with the CM, who is a mass leader.
Mhaske said several senior Shiv Sena (UBT) leaders like Sunil Shinde and Kishori Pednekar were ignored and ticket was given to the junior Thackeray to contest the 2019 Assembly polls from Worli in central Mumbai.
The former Thane mayor said Aaditya Thackeray’s challenge to Chief Minister Shinde to contest election against him from Worli was “childish”.
“I have challenged this unconstitutional chief minister that I would resign as MLA from Worli and you contest election against me. Let me see how you win from Worli,” the junior Thackeray said at a party programme in Mumbai last Friday.
The BSS spokesperson said when Uddhav Thackeray resigned as Chief Minister in June last year, he had declared he would also quit his Legislative Council seat, but the former CM continues to a member of the Upper House.
Mhaske said Aaditya Thackeray did not contest elections from his family’s home turf Bandra in suburban Mumbai and instead went to Worli to fight polls.
The BSS spokesperson said instead of throwing challenge at Shinde, Aaditya Thackeray should contest upcoming civic polls against him (Mhaske) from Thane city.
Shinde is the MLA from the Kopri-Pachpakhadi constituency in Thane.
Bloomberg earlier reported the outcome of Davila’s rulings.
The case was the first to challenge a consumer tech deal from the FTC under Chair Lina Khan — the influential antitrust thinker whom Biden nominated to one of the most powerful corporate watchdog jobs in the federal government. The hearing was closely watched in tech and legal circles as a key test of the FTC’s authority under Khan to pursue alleged anticompetitive conduct using aggressive, largely untested legal theories.
The sealed rulings late Tuesday night from Davila came more than a month after a seven-day hearing, which culminated in Meta CEO Mark Zuckerberg taking the stand in a San Jose, California, federal courtroom to defend the deal.
An administrative trial is currently set to start Feb. 13 and the FTC will also need to decide whether to move forward with that case as well.
Meta originally announced the $440 million deal in late 2021 to purchase Within. The announcement came a day after the company changed its name from Facebook as part of its pivot toward the metaverse. The FTC sued to block the deal in July, arguing that Meta is trying to dominate the nascent virtual reality market through acquisitions rather than boosting competition by attempting to build its own product.
Meta is by far the dominant player in the consumer virtual reality market, with a roughly 85 percent market share for the first three quarters of 2022 according to data from research firm International Data Corporation. ByteDance’s Pico headset was a distant second with about 7.5 percent, and at the hearing the FTC used Meta’s current dominance as evidence of its ability to lock up the market. Meta countered that the industry is still in its early stages, pointing to companies including Apple and Google that are still developing competing products, and the coming rollout of Sony’s new headset this year.
Tuesday’s ruling isn’t the final word on the deal, however. The FTC went to court only to pause the deal while its challenge to the case in its own in-house administrative court plays out. Only a federal judge has the authority to block or pause a merger, but the FTC could choose to continue its case.
If it does, it will be fighting an uphill battle. Any ongoing efforts by the FTC will likely center on unwinding it at a later date, a much more difficult proposition than blocking it in advance. And while Davila’s ruling isn’t binding on the FTC’s in-house judge, Michael Chappell, it will likely weigh heavily in any decision he would make.
The agency typically abandons a merger challenge if it loses the initial preliminary injunction in federal court. If the FTC does continue its case and wins, Meta can then appeal to the FTC commissioners, followed by a federal appeals court of its choice.
Meta also has a pending petition seeking to recuse Khan from the administrative case. In Khan’s role as chair she will act as both prosecutor and judge, and Meta argues that her past statements and work on a Congressional antitrust investigation of the company should disqualify her from participating.
Meta had said throughout the hearing that if the FTC won this first round, the companies would abandon the deal.
FTC lawyers at the December hearing sparred in court with a number of Meta witnesses — including Zuckerberg and one of his top deputies, Andrew Bosworth — over whether the company planned to build or acquire most of the apps that would go on its virtual reality platform, and how essential fitness services are to its ability to gain traction in the metaverse. The FTC’s case hinged largely on whether Meta would have competed in the market if not for the acquisition.
According to previous trial testimony, Meta had a project, code-named “Operation Twinkie,” to partner with fitness equipment maker Peloton and build out its own virtual reality product.
The FTC put much weight on a March 2021 email from Zuckerberg to Bosworth and others, in which the Meta CEO said a partnership with Peloton for a virtual reality game “sounds awesome! I’d love to make that happen. Let me know how I can help.” Meta maintains it never seriously considered entering the market on its own, and the Peloton partnership fizzled out before it broached the idea with the connected bike maker.
The FTC, in a separate case, is attempting to unwind Meta’s 2012 and 2014 purchases of Instagram and WhatsApp — and the agency said it is challenging the company’s strategy of buying existing companies, rather than competing against them. That case was filed during the Trump administration.
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( With inputs from : www.politico.com )
