Rappler's latest stories on Big Tech
The company will pay a 500-million-euro fine for tax evasion, as well as a further 465 million euros to settle claims with French tax authorities.
The antitrust actions come against a backdrop of declining public trust in big online firms, and fines levied against Facebook and Google over privacy violations
New York state attorney general says the probe is to see 'whether Facebook has stifled competition and put users at risk'
The move marks the first official US antitrust action against one of the so-called Big Tech companies – although a landmark case had targeted Microsoft back in the 1990s
France's levy has been criticized in Washington for departing from precedent on taxing revenue instead of profits and for targeting a narrow group of companies
A Pew Research Center study shows the percentage of people seeing tech firms as having 'a positive impact' tumbled to 50% in a recent survey, down from 71% in 2015.
'There is no option other than to put in place the right regulatory and legislative regime to protect the public's privacy,' Australian Treasurer Josh Frydenberg says
Governments are having trouble regulating the giants as they often have to work with rules that haven't adapted quickly enough to the rise of these digital companies
The deal, which follows a lengthy investigation by the Federal Trade Commission, allows Facebook to avoid prosecution for its data protection lapses
President Donald Trump has invited conservative critics of Big Tech but excluded the platforms themselves
Each firm has different issues, but any probes could center on whether they abused their dominant position and stifled competition