Bloomberg Facebook Inc acquired a small video-shopping startup earlier this year to help build a live shopping feature inside the company’s Marketplace product, according to a person familiar with the plans. The social media company bought Packagd, a five-person company founded by Eric Feng, a former partner with Kleiner Perkins Caufield & Byers, and most of the startup’s team joined ...

Bloomberg The Trump administration came to the defense of T-Mobile US Inc in its fight to buy Sprint Corp, telling a judge overseeing an antitrust lawsuit brought by several states that blocking the $26.5 billion merger would harm consumers. The Justice Department’s antitrust division and the independent Federal Communications Commission said in a joint court filing that their approval of ...

Bloomberg Google was fined 150 million euros ($167 million) in a French antitrust case involving online advertising as regulators throughout Europe criticise the tech giant’s business practices. The French authority found Google abused its dominant position in search when it set “opaque and difficult to understand operating rules” for its Google Ads advertising platform that it applied unfairly and randomly. ...