The FTC and state attorneys general are reportedly aiming up to 4 new antitrust lawsuits at Facebook and Google as talk of regulation continues to heat up



a close up of Sundar Pichai wearing glasses and looking at the camera: Carsten Koall/Getty Images; Alex Wong/Getty Images


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Carsten Koall/Getty Images; Alex Wong/Getty Images

  • The Federal Trade Commission and state attorneys general are gearing up to hit Google and Facebook with new antitrust lawsuits in the coming weeks, per a Monday report from The Wall Street Journal.
  • The probes will focus on whether the companies have had unfair advantages in their domination of the search and ad market and social media.
  • The DOJ and state attorneys generals have been probing aspects of Google’s business, including its search, online advertising, and Android practices, since 2019. The DOJ filed an antitrust lawsuit against Google in October.
  • But if the government sued Facebook, it would be the first major US government antitrust action taken against the social media company.
  • Visit Business Insider’s homepage for more stories.

Federal and state officials are gearing up to slap Facebook and Google with up to four new antitrust lawsuits by

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Gut hormones’ regulation of fat production abnormal in obesity, fatty liver disease — ScienceDaily

Gut hormones play an important role in regulating fat production in the body. One key hormone, released a few hours after eating, turns off fat production by regulating gene expression in the liver, but this regulation is abnormal in obesity, researchers at the University of Illinois Urbana-Champaign found in a new study.

The study, led by molecular and integrative physiology professor Jongsook Kim Kemper and research scientist Young-Chae Kim, was published in the journal Nature Communications.

After eating, the pancreas produces insulin, which triggers the liver to convert digested foods into fat for storage in a process known as lipogenesis. A few hours later, when the body begins the transition to fasting mode, the liver slows fat production. While the insulin pathway has been thoroughly studied, the pathway by which lipogenesis is turned off has largely remained unknown, Kemper said.

In the new study, Kemper’s team found that the

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Enzymatic photocaging for the study of gene regulation through DNA methylation — ScienceDaily

The addition and removal of methyl groups on DNA plays an important role in gene regulation. In order to study these mechanisms more precisely, a German team has developed a new method by which specific methylation sites can be blocked and then unblocked at a precise time through irradiation with light (photocaging). As reported in the journal Angewandte Chemie, the required regent is produced enzymatically, in situ.

Although they look very different and serve completely different functions, all cells in our body have identical DNA. However, they do not use the same genes. Certain genes are turned on and others off, depending on the type of cell and the moment in time. The “switches” are chemical changes in the building blocks of the DNA. These changes are called epigenetic modifications. One significant regulation mechanism is methylation and demethylation, meaning the attachment and removal of a methyl group (-CH(3)). The

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Alibaba CEO strikes conciliatory tone on China’s plans for tougher tech regulation

Alibaba CEO Daniel Zhang has described plans by Chinese regulators to tighten restrictions on internet companies as “timely and necessary.”



a person posing for the camera: HANGZHOU, CHINA - SEPTEMBER 25: Daniel Zhang Yong, Executive Chairman and Chief Executive Officer of Alibaba Group, makes keynote speech during the Apsara Conference 2019 at Cloud Town on September 25, 2019 in Hangzhou, Zhejiang Province of China. (Photo by Wang Chuan/VCG via Getty Images)


© Wang Chuan/VCG/Getty Images
HANGZHOU, CHINA – SEPTEMBER 25: Daniel Zhang Yong, Executive Chairman and Chief Executive Officer of Alibaba Group, makes keynote speech during the Apsara Conference 2019 at Cloud Town on September 25, 2019 in Hangzhou, Zhejiang Province of China. (Photo by Wang Chuan/VCG via Getty Images)

The remarks from Zhang come as Alibaba finds itself in the crosshairs of Chinese regulators. News of an imminent crackdown sent shares in the company and other Chinese tech giants plunging earlier this month. That came after officials slammed the brakes on the blockbuster IPO of Ant Group, Alibaba’s financial affiliate, following public criticism by founder Jack Ma of Chinese regulators.

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Striking a more conciliatory tone, Zhang said on Monday that he welcomes more regulation, and noted that China’s

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Top Biden adviser seen as making tech regulation more likely

SAN FRANCISCO (Reuters) – President-elect Joe Biden’s top technology adviser helped craft California’s landmark online privacy law and recently condemned a controversial federal statute that protects internet companies from liability, indicators of how the Biden administration may come down on two key tech policy issues.

Bruce Reed, a former Biden chief of staff who is expected to take a major role in the new administration, helped negotiate with the tech industry and legislators on behalf of backers of a ballot initiative that led to the 2018 California Consumer Privacy Act. Privacy advocates see that law as a possible model for a national law.

Reed also co-authored a chapter in a book published last month denouncing the federal law known as Section 230, which makes it impossible to sue internet companies over the content of user postings. Both Republicans and Democrats have called for reforming or abolishing 230, which critics say

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Top Biden Adviser Seen as Making Tech Regulation More Likely | Top News

SAN FRANCISCO (Reuters) – President-elect Joe Biden’s top technology adviser helped craft California’s landmark online privacy law and recently condemned a controversial federal statute that protects internet companies from liability, indicators of how the Biden administration may come down on two key tech policy issues.

Bruce Reed, a former Biden chief of staff who is expected to take a major role in the new administration, helped negotiate with the tech industry and legislators on behalf of backers of a ballot initiative that led to the 2018 California Consumer Privacy Act. Privacy advocates see that law as a possible model for a national law.

Reed also co-authored a chapter in a book published last month denouncing the federal law known as Section 230, which makes it impossible to sue internet companies over the content of user postings. Both Republicans and Democrats have called for reforming or abolishing 230, which critics say

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Largest Crypto Exchange’s CEO Speaks Out on Regulation, Trends

(Bloomberg) — Once again, cryptocurrencies have vaulted into the limelight. Prices are surging and interest is spiking, with everyone from PayPal to Fidelity to JPMorgan is showing greater interest.



a man standing in front of a building: Changpeng Zhao


© via Bloomberg
Changpeng Zhao

For Zhao Changpeng, chief executive officer and founder of Binance — the world’s largest spot crypto exchange by trading volume — the latest developments are encouraging.

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“Right now, we are definitely seeing more users come in, more adoption happening and more institutional participation,” said Zhao (who is also known as “CZ”) in an interview from Singapore. “Overall, things are going pretty well, I would say.”

The optimism over institutional investor interest, among other factors, has led Bitcoin to more than double this year. Following gains of about 20% this month, the coin has once again spiked above $16,000 and is sitting around its highest level in nearly three years. On Friday, it was little

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Tech stocks are primed to surge another 15% as election results seem likely to ease regulation risk, Wedbush says


  • Tech stocks are thriving on expectations for a divided government in 2021. Wedbush analyst Dan Ives thinks the sector can rally another 10% to 15% by 2021.
  • A Biden presidency and Republican-controlled Senate is the “Goldilocks election outcome” for tech names, Ives said.
  • A divided government would likely block Democrats’ efforts to more strictly regulate tech giants.
  • A Biden administration would take a softer tone to trade relations with China and ease pressures for tech stocks operating in both countries, Ives said.
  • Visit the Business Insider homepage for more stories.

Tech stocks are some of the biggest winners in the market’s post-election rally, and Wedbush analyst Dan Ives says the sector has much more room to run before the new year.

Wall Street is largely preparing for a divided government after forecasting a blue wave in recent months. The likely outcome, while impeding plans for near-term stimulus,

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Eyeing regulation risk in tech

By Jeff Spiegel, Head of U.S. iShares Megatrend and International ETFs, iShares

Key Takeaways

  • Mega-cap technology companies could face increased regulatory scrutiny following the U.S. election
  • Targeting smaller tech companies may help investors access emerging growth trends and temper exposure to companies most exposed to greater oversight
  • Megatrends offer multi-sector exposure within areas of innovation, an alternative for growth-seeking investors beyond tech giants

 

Large U.S. technology stocks have been prime drivers of 2020’s post-COVID market rebound as well as the highest-returning sector, by far, over the past decade.[1]

The 2020 U.S. election could keep the spotlight on big tech, as concerns around data privacy and market power make regulation an area of growing bipartisan concern.

A Joe Biden administration could potentially bring more strenuous anti-trust reviews around issues such as wages and platform power, according to the BlackRock Investment Institute. And the potential for tax reforms if Democrats

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China issues revised regulation on science, technology award system

BEIJING — Chinese Premier Li Keqiang has signed a State Council decree to publish the revised regulation on the national science and technology award system.

As an important and long-standing system, the national science and technology award system is a significant policy to encourage independent innovation, inspire the vitality of talent and foster a favorable environment for innovation.

The revised regulation clarifies that the science and technology awards should serve the country’s major strategies as well as the mid- and long-term development plan for science and technology.

It highlights that China will increase the awards for basic research in natural sciences and applied basic research.

The awards will be nominated by experts, scholars, organizations and authorities in relevant fields. Those who violate moral principles and engage in misconduct in research activities will not be nominated or awarded.

The regulation also makes improvements to the system and methods of the review

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