Consumer Tech (June 29-July 2): Microsoft Announces Layoffs, Meta & Google Sued In Several States & More

The Government of India has expressed concerns over Meta Platforms Inc. (NASDAQ: META ) introducing usernames on its messaging platform, WhatsApp, citing a potential increase in cybercrime. Meta suffered a significant legal setback after a federal judge allowed most claims in a lawsuit brought by 29 state attorneys general over the alleged addictive design of Facebook and Instagram to proceed. The European Union’s top court has upheld the record antitrust fine of €4.1 billion ($4.67 billion) levied on Alphabet Inc. ‘s (NASDAQ: GOOGL ) (NASDAQ: GOOG ) Google over alleged anti-competitive practices. The Federal Communications Commission (FCC) said it will vote July 22 on a sweeping Space Modernization Order that aims to cut satellite licensing timelines from more than a year to weeks or months, potentially accelerating the rollout of next-generation space broadband. Germany has reported...