| The Federal Trade Commission filed an antitrust lawsuit against Facebook in what will be one of the most significant legal battles in its 16-year history. At issue are two megadeals, the $1 billion purchase of social media app Instagram in 2012 and the $19 billion purchase of messaging app WhatsApp in 2014 which positioned Facebook to rule the social media landscape. |  |
News Alert Wednesday, December 9 |
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