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States reportedly planning to file Facebook antitrust lawsuit this week

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A group of 20 to 40 U.S. states led by New York are reportedly preparing to investigate Facebook for alleged antitrust violations and may file a lawsuit against the social media giant as early as this week, according to Reuters.

The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Google in October for allegedly maintaining “unlawful monopolies” in its search and advertising businesses.

It’s not known what the states’ lawsuit will include, but Facebook has faced recent scrutiny after an effort to break away Facebook from Instagram and WhatsApp.

The recent scrutiny is reportedly a focus of the investigation by the Federal Trade Commission, which could file a related lawsuit against Facebook in a federal court or with an administrative law judge, Reuters says.

Click here to read the full report.

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BLM co-founder used funds to pay sister, mother, brother and child’s father

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Released tax filings show just how Black Lives Matter co-founder Patrisse Cullors spent the millions of dollars raised from “White guilt.” She paid roughly $970,000 to the company of her child’s father to help “produce live events” and other “creative services.”

Over $840,000 was paid to her brother, Paul Cullors, for security services. Daily Mail wrote that “leaders have attempted to justify” the expenses to her brother by saying the “foundation’s protection could not be entrusted to former police professionals who typically run security firms because the BLM movement is known for vehemently protesting law enforcement organizations.”

It was recently disclosed that she bought a $6 million mansion in L.A. for the organization, and denied she took money from BLM for personal matters, although shortly after it was unearthed that she had used the mansion for her own parties.

Cullors also reportedly “reimbursed BLM $73,523 for a charter flight for foundation-related travel, which the organization says she took in 2021 out of concern for COVID-19 and security threats.”

Cullors resigned last year from the organization due to criticism of her finances, such as purchasing multiple homes for herself that cost millions of dollars combined. She also admitted the charity was paying for “employment” of her sister, mother, and brother.

Black Lives Matter Global Network Foundation Inc revealed from July 1, 2020 to June 30, 2021, it ended the fiscal year with nearly $42 million in net assets. “The foundation invested $32 million in stocks from the $90 million it received as donations amid racial justice protests in 2020” adds Daily Mail.

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