A court ruled the FTC did not provide sufficient evidence that Facebook monopolizes the personal social networking market. Image credit: Getty
Luxury Daily’s live news for June 29:
Facebook valued at $1T after antitrust lawsuit dismissed
Tech giant Facebook’s shares rose more than 4 percent on June 28, bringing its value above $1 trillion, after a federal court dismissed the Federal Trade Commission’s (FTC) antitrust complaint against the social media company.
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Kering joins Circular Fashion Summit as innovation partner
French luxury conglomerate Kering has joined lablaco’s 2021 Circular Fashion Summit (CFS) as an innovation partner, showcasing the group’s commitment to sustainability and innovation.
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Bulgari to celebrate Italian artistry as Dubai Expo sponsor
Roman jeweler Bulgari is spotlighting #MadeInItaly art and craftsmanship through a series of initiatives as the official platinum sponsor of the Italy Pavilion at Dubai Expo 2020 this fall.
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Dolce & Gabbana taps NBA star for sneaker capsule
Italian fashion house Dolce & Gabbana has partnered with American professional basketball player Anthony Leon “P.J.” Tucker Jr. on new iterations of its Miami sneaker.
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Sotheby’s auctions World Wide Web code as NFT
Auction house Sotheby’s is auctioning the first historical artifact relating to the landmark moment when the World Wide Web was born, offering people the opportunity to look at the Web’s original code.
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Shopping in-store feels good again: report
Global consumer confidence is starting to rise as the world adapts to the post-pandemic “new normal” and shoppers are ready to get back into physical stores.
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