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Could Meta be forced to sell Instagram? PS5 prices to rise across several markets

  • The trial in the antitrust case against Meta, the owner of Facebook, started in Washington on Monday. The FTC alleges that Meta bought Instagram and WhatsApp to eliminate competition and gain a monopoly.
  • US officials have stated that the exemption of smartphones, laptops, and electronic products from import tariffs on China will be short-lived. Donald Trump intends to launch a national security trade investigation into the semiconductor sector and the electronics supply chain.
  • Sony has announced a price increase for its PlayStation 5 consoles in the UK, Europe, Australia, and New Zealand, citing a challenging economic environment. The digital edition of the PS5 will see a price rise, attributed to high inflation and exchange rates.
  • Six women, including Katy Perry and Aisha Bowe, are set to launch in Jeff Bezos' Blue Origin rocket as part of the New Shepard programme, aiming to inspire future generations.

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