A review of Dana Mattioli’s The Everything War, which covers Lina Khan’s antitrust battle against Amazon and makes a case that no company should be so powerful (Jonathan Ford/Financial Times)

Jonathan Ford / Financial Times:
A review of Dana Mattioli’s The Everything War, which covers Lina Khan’s antitrust battle against Amazon and makes a case that no company should be so powerful  —  Dana Mattioli’s important book looks the winner-takes-all dynamic that built a competition-squashing behemoth

Investors cheer Microsoft and Alphabet’s huge AI spending plans as shares of both firms rallied but not Meta’s, which saw its worst trading day in 18 months (Tom Dotan/Wall Street Journal)

Tom Dotan / Wall Street Journal:
Investors cheer Microsoft and Alphabet’s huge AI spending plans as shares of both firms rallied but not Meta’s, which saw its worst trading day in 18 months  —  Meta had its worst trading day in 18 months after warning of years of AI investment; shares of Microsoft and Alphabet rallied

Google plans to invest $2B to set up a data center in Indiana and $1B to expand three Virginia sites, and announces a $75M fund to train Americans on AI skills (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters:
Google plans to invest $2B to set up a data center in Indiana and $1B to expand three Virginia sites, and announces a $75M fund to train Americans on AI skills  —  Alphabet (GOOGL.O) unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia.

A US appeals court reverses a 2021 ruling that prevented New York from enforcing a law requiring ISPs to offer low-cost broadband plans to low-income consumers (Jon Brodkin/Ars Technica)

Jon Brodkin / Ars Technica:
A US appeals court reverses a 2021 ruling that prevented New York from enforcing a law requiring ISPs to offer low-cost broadband plans to low-income consumers  —  New York obtains significant win for states’ ability to regulate broadband.  —  A federal appeals court today reversed a ruling …

Alphabet closes above a $2T market cap for the first time; the stock rose 10%, its biggest one-day jump since July 2015, resulting in a valuation of $2.15T (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg:
Alphabet closes above a $2T market cap for the first time; the stock rose 10%, its biggest one-day jump since July 2015, resulting in a valuation of $2.15T  —  – Report reassures investors about its prospects with AI  — Google parent already twice breached level on intraday basis

Filing: FTC says Jeff Bezos, Andy Jassy, and other Amazon execs used Signal’s disappearing messages to conceal evidence in FTC’s antitrust case against Amazon (Leah Nylen/Bloomberg)

Leah Nylen / Bloomberg:
Filing: FTC says Jeff Bezos, Andy Jassy, and other Amazon execs used Signal’s disappearing messages to conceal evidence in FTC’s antitrust case against Amazon  —  – Agency accuses retail giant of failing to preserve documents  — Top executives communicated via Signal disappearing chats