A major step toward the possible breakup of Facebook has been taken by the U.S. Federal Trade Commission by formally filing an antitrust lawsuit against the technology giant, accusing it of abusing its monopoly powers in social networking to stifle competition. The FTC and a coalition of states also suing the company zeroed in on Facebook’s acquisition of photo-sharing app Instagram for $715 million in 2012, and the $22 billion deal for messaging service WhatsApp two years later. The deals, which sailed past regulators when they were proposed, were meant to “squelch” competitive threats, the commission wrote in its complaint Wednesday. Now, the FTC wants Facebook to divest the two businesses -- an idea that poses an existential threat to the empire built by Chief Executive Officer Mark Zuckerberg. MORE: https://bloom.bg/3qGAfpX COVID VACCINE: Canada's health regulator on Wednesday approved Pfizer’s COVID-19 vaccine, days ahead of possible approval in the United States, and say it hopes to start giving the shots next week. Canada is set to receive up to 249,000 doses this month and officials expect to start to administer 30,000 doses next week after an initial batch is shipped from Belgium on Friday. SPACEX: SpaceX’s first high-altitude test flight of its next-generation Starship spacecraft ended in a massive fireball in South Texas after a mission that otherwise went smoothly until the landing, prompting an upbeat reaction from founder Elon Musk. The nearly seven-minute flight Wednesday was stable until the landing attempt when the Starship failed to slow down enough, video images provided by SpaceX showed. The impact of the unoccupied rocket then engulfed the landing site in flames. MORE: https://bloom.bg/3gyIi3A GHANA: Ghanaian President Nana Akufo-Addo won re-election, securing another four-year mandate to lead Africa’s biggest gold producer. Akufo-Addo got 6.73 million votes, or 51.6% of valid ballots, while his closest rival John Mahama, of the main opposition National Democratic Congress, got 47.4%, the head of the country’s electoral commission, Jean Mensa, told journalists Wednesday in the capital, Accra. The front-runners were separated by just over 500,000 votes. MORE: https://bloom.bg/3n49HwL More top stories on December 10 at Bloomberg.com. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake