Snap Inc Helping FTC With Antitrust Investigation on Facebook

Snap will give the FTC a dossier on Facebook they call “Project Voldemort.”

By
Tech
2,254 Hypes 0 Comments

As the Federal Trade Commission investigates Facebook for alleged antitrust violations, it is being reported Snap Inc is working with the FTC in its examination of the social media giant. Snap Inc has collected a dossier of what the company considers to be anti-competitive behavior from Facebook, entitled “Project Voldemort” (a nod to the fictional antagonist in the acclaimed Harry Potter children’s books,) and have intentions to share it with the United States government.

According to The Wall Street Journal, the Snapchat company recorded instances of Facebook copying other app features from other companies, such as its own Snap Stories being mimicked by Facebook as Instagram Stories. They also added Camera Filters as one of many things previously pioneered that Facebook later copied.

Although it has not been confirmed if Snap gave their dossier to the FTC, The Journal reports they’re in touch with “executives from startups that became defunct after losing access to Facebook’s platform” and “founders who sold their companies to Facebook.”

In other tech news, YouTube warns creators a “massive” cyber attack hack is in progress.

Read Full Article

What to Read Next

Elon Musk Gives Sneak Peek at SpaceX's Starship Rocket Prototype
Tech

Elon Musk Gives Sneak Peek at SpaceX's Starship Rocket Prototype

More information surrounding the rocket’s launch will be announced this Saturday.

Dapper Dan, Pierpaolo Piccioli & More Cover "#BoF500" Print Edition
Fashion

Dapper Dan, Pierpaolo Piccioli & More Cover "#BoF500" Print Edition

The issue will explore inclusivity.

Nike Dresses Air Force 1 High, Low in Autumn-Ready GORE-TEX
Footwear

Nike Dresses Air Force 1 High, Low in Autumn-Ready GORE-TEX

Weatherproofing two classic silhouettes.


Carsten Höller Explores "Reproduction" with Massive Installations at Copenhagen Contemporary
Arts

Carsten Höller Explores "Reproduction" with Massive Installations at Copenhagen Contemporary

Unveiling new biology-based playscapes.

Prada's Latest Studded Shoes Are Inspired by Bulky Car Tires
Footwear

Prada's Latest Studded Shoes Are Inspired by Bulky Car Tires

Crafted in smooth black leather.

Nike Announces Zero Carbon & Zero Waste Initiative
Footwear 

Nike Announces Zero Carbon & Zero Waste Initiative

“Nike diverts more than 1 billion plastic bottles per year from landfills to create yarns for new jerseys and uppers for Flyknit shoes.”

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.

Help Support Us

We need ads to keep the lights on and to continue providing free news to our readers. We’d appreciate your support by whitelisting HYPEBEAST on your ad blocker. That way you can keep reading all the great stories for free.

If you have already whitelisted us, simply refresh this page. To find out how to whitelist us, click the button below.

Back

Add Us to Whitelist

We appreciate your support in allowing HYPEBEAST ads. Most ad blockers have similar whitelisting steps and settings. If you need assistance, please contact us.

Adblock Plus

  1. Click on the red ABP icon in the upper right corner of your browser.
  2. Click “Enabled on this site” to disable ad blocking for the current site. In Firefox click “disable on HYPEBEAST”.
  3. Refresh the HYPEBEAST page that you were viewing.

Adblock

  1. Click the AdBlock hand icon.
  2. Click “Don’t run on pages on this domain”.
  3. A new “Don’t run AdBlock on…” dialog may be displayed in the middle of the screen.
  4. Move the “Site” slider to the right. After that, click “Exclude”.
  5. Refresh the HYPEBEAST page that you were viewing.

uBlock

  1. Click the uBlock icon.
  2. Click the large blue “power” button in the menu that appears to whitelist the current website.
  3. Reload the HYPEBEAST page that you were viewing.

Firefox Browser

Firefox Tracking Protection may activate our whitelist notice, which can be disabled temporarily for a browsing session by clicking the shield icon in the URL bar and following the instructions.

Disconnect

  1. Click the Disconnect icon.
  2. Click “Whitelist site”.
  3. Refresh the HYPEBEAST page that you were viewing.