Google, Facebook CEOs sign off on illegal ad deal

The CEOs of Facebook and Google allegedly signed off on an illegal ad deal that stopped Facebook from threatening Google's advertising business.

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1/16/2022 3:13:00 AM

The CEOs of Facebook and Google allegedly signed off on an illegal ad deal that stopped Facebook from threatening Google 's advertising business.

The CEOs of Facebook and Google allegedly signed off on an illegal ad deal that stopped Facebook from threatening Google 's advertising business.

. As a result, Facebook was given"information, speed, and other advantages" during auctions for ad space run by Google. Yesterday, unredacted court documents revealed the involvement of the two CEOs in the deal.The documents are from a complaint originated by Texas and other states in December 2020 that accused Google of  committing"false, deceptive, or misleading acts" while running its buy-and-sell auction system for digital ads. The complaint states that Google teamed up with Facebook in 2018 that Google called"Jedi Blue," a name that riffs on the Star Wars movie franchise.

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Facebook And Google CEOs Signed Off On A Secret Advertising Deal, States SayNewly unredacted claims from a 2020 antitrust lawsuit say that Mark Zuckerberg and Sundar Pichai personally approved an allegedly illegal 2018 advertising deal. ⚠️👇🏼Mannuel👇🏼⚠️ For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Diana_Massangi Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success Is that as felony? Will Zuckerberg spend time behind bars? You know, like, if he sold a dime bag, or filled out a provisional ballot when he was ineligible to vote and didn't know it?

Lawsuit: Google, Facebook CEOs colluded in online ad sales | AP NewsNewly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online ad sales. The CEOs of both companies were aware of the deal and approved it, the lawsuit alleges. NOT NEWS! Next Wow presearchnews

Facebook, Google CEOs were aware of formal advertising market deal, according to court filingChief executives of Alphabet Inc's Google and Facebook were aware of a deal to carve up part of the online advertising market, according to an amended complaint filed by Texas and other states that have filed an antitrust lawsuit against Google . Hmm. Don't know much about antitrust - but is that potentially a criminal violation of the Sherman Act? I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Derrick_Jones39 on Twitter he guides me through and i made a return of $10500 after a week of trading, connect with him There’s no end to how much money you can get when no rules are applied

Lawsuit: Google, Facebook CEOs colluded in online ad salesNewly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online advertising sales. The CEOs of both companies were aware of the deal and signed off on it, the lawsuit alleges.

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Jan. 6 Committee Subpoenas Facebook, Google, Reddit, TwitterPrevious requests to the tech companies resulted in 'inadequate responses,' the congressional committee investigating the Capitol riot said in a statement. The DOJ has opened the door to 18 USC 2384. In the coming days, we'll see the whole conspiracy unfold. Buckle up & brush up. NoOneUnscripted warnings about it began eight weeks before the insurrection. Good. Get all of 'em. Neither will accept responsibility nor admit to anything. Each is adhering to the Freedom of Speech, and the right to express your feelings or concerns. However, when there are open threats of violence, this right does not apply. They are too concerned with the bottom line.

BuzzFeed . As a result, Facebook was given"information, speed, and other advantages" during auctions for ad space run by Google. Yesterday, unredacted court documents revealed the involvement of the two CEOs in the deal. The documents are from a complaint originated by Texas and other states in December 2020 that accused Google of  committing"false, deceptive, or misleading acts" while running its buy-and-sell auction system for digital ads. The complaint states that Google teamed up with Facebook in 2018 that Google called"Jedi Blue," a name that riffs on the Star Wars movie franchise. Google and Facebook CEOs allegedly involved in illegal ad deal Facebook unnerved Google by promoting a method called"header bidding" that was a threat to Google. With"header bidding," publishers offer inventory to multiple ad exchanges before calling their ad servers. By hiking demand for limited inventory, publishers make more money. Facebook and Google signed an ad deal greenlit at the highest level of the companies According to the complaint that was released on Friday,"Google understood the severity of the threat to its position if Facebook were to enter the market and support header bidding. To diffuse this threat, Google made overtures to Facebook." The deal was made at the highest level of both companies and the complaint notes that"Google CEO Sundar Pichai also personally signed off on the terms of the deal." The complaint also revealed that Facebook CEO Zuckerberg wanted to meet with the company's COO Sheryl Sandberg before making a decision. While employees' names were redacted in the court documents, their titles weren't. Facebook says that the deal with Google did not give them any advantage Both Google and Facebook are under pressure for using anti-competitive methods. Google says that the lawsuit isn't accurate, and company spokesperson Peter Schottenfels said,"We sign hundreds of agreements every year that don't require CEO approval, and this was no different. And contrary to AG Paxton's claims, the fact of this agreement was never a secret — it was well-publicized. It simply enables FAN [Facebook Audience Network] and the advertisers it represents to participate in Open Bidding, just like over 25 other partners do." Facebook's corporate parent Meta agreed with Google that the deal between the two tech giants did not call for Facebook to receive any particular advantages that other companies were not being given."Meta’s non-exclusive bidding agreement with Google and the similar agreements we have with other bidding platforms, have helped to increase competition for ad placements," said Meta spokesperson Stephen Peters."These business relationships enable Meta to deliver more value to advertisers while fairly compensating publishers, resulting in better outcomes for all." As you might have expected, Google is planning to ask a judge to toss the case. New reasons to get excited every week Get the most important news, reviews and deals in mobile tech delivered straight to your inbox sign up