A federal judge has allowed a Federal Trade Commission antitrust lawsuit against Facebook to proceed, denying dismissal, a major victory for the agency as it gears up to take on Big Tech. The FTC claims the company, which since renamed itself Meta Platforms, accrued monopoly power and abused it by harming competition through an acquisitions strategy described as “buy or bury.” The U.S. District Court for the District of Columbia ruling is seen as a warning to tech behemoths like Amazon, Apple and Google and the armies of lobbyists and lawyers employed to protect their interests. Read more

New York-based Take-Two Interactive has agreed to buy social game developer Zynga in a deal valued at $12.7 billion in cash and stock. The move is seen as a bid by the company behind “Grand Theft Auto” and “NBA 2K” to boost its mobile portfolio with Zynga assets like “Words With Friends” and “FarmVille.” Take-Two described the acquisition as a “clear path to bring Take-Two’s console/PC games to mobile,” a category the company’s CEO Strauss Zelnick said on an investor call this week holds “tremendous untapped potential,” citing “Zynga’s leading development, publishing, and live operations teams.” Read more

Matter was a big player at CES 2022. Built around the premise that smart homes need a single, unifying interface standard that makes devices “secure, reliable and seamless to use,” the Matter alliance now has more than 220 member companies, including Apple, Comcast, LG and Samsung. Amazon announced developers can add Frustration-Free Setup on Matter-certified devices using the Matter SDK, and Google declared its Fast Pair simple setup is supporting Matter. As companies build new smart products, Matter believes that users should merely plug them in to make them operational on the home network. Read more

During CES, Canon introduced two new software-based collaborative tools it has in development: AMLOS, a video meeting platform based on gestures, and the VR platform Kokomo, a social VR platform for immersive video calls. Under the theme “Together Next,” Canon enlisted actor Joseph Gordon-Levitt and his online collaborative media platform HitRecord to demonstrate using the new hybrid collaboration technology in a virtual, real-time writers’ room. In addition to operation through gesture control and connectivity with Microsoft Teams and other collaboration apps, AMLOS will allow a single camera to capture multiple angles when it debuts later this year. Read more

TCL, the No. 2 TV-maker in the world after Samsung, raised the curtain on a new flagship model at CES 2022. The X925 Pro is a super-thin, 85-inch, 8K Google TV powered by the company’s own flavor of Mini-LED, featuring OD-Zero technology. Measuring just 10mm thick — half that of some competing models — the 8K display has local dimming, QLED color, a built-in webcam for video chats, 120Hz refresh rate and, to make gamers happy, variable refresh rate (VRR). The Google TV OS enables hands-free “Hey, Google” voice commands. The X925 Pro touts numerous high-end touches and has a $10,000 price to match. Read more