Meta wins FTC case thanks to TikTok surviving Trump's attempt to ban it. Removes biggest risk for investors, but stock barely moves.

The federal government's yearslong case to label Meta a monopoly ended on Tuesday when a federal court ruled in favor of the tech giant. The ruling sets the important precedent that the current market in which a dominant firm competes is the relevant one to consider when determining whether or not it is a monopolist.

For once, the latest multibillion-dollar AI deal—this time Microsoft and Nvidia investing in Anthropic—isn’t the day’s biggest tech news development. (Skip down for details on that story.) More important was a Washington judge’s ruling on Tuesday that Meta Platforms isn’t a monopoly.

With the new AI-generated content control, users who want to see less of this sort of content can dial things down, while those who enjoy it can choose to see more of it.

Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp.

Australians younger than 16 will be removed from Facebook and Instagram on December 4, tech giant Meta said Thursday, as Canberra prepares to enforce sweeping laws banning teens from social media. From December 10,

The social media video platform is also working on improving labeling of AI-generated content.

Soon, you’ll no longer be able to use Facebook’, Meta said in messages it sent to young people ahead of the ban.

“Like Heraclitus’s river, the rapids of social media rush along so fast that the Court has never even stepped into the same case twice,” Judge James Boasberg wrote in his ruling, referring to how the market has changed over the course of the case.