Microsoft Responds to FTC Suit Over Activision Deal
The software giant filed court documents opposing claims that the $75 billion transaction would harm competition in the videogame industry....
Acquisitions/Mergers/Shareholdings
WSJ News Exclusive | Justin Bieber Nears Roughly $200 Million Deal to Sell Music Rights
WSJ News ExclusiveBusinessExpected deal for star’s publishing and recorded music includes hit songs ‘Love Yourself’ and ‘Baby’ Source link
Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to...
Elon Musk’s Twitter Poll Shows Users Want Him to Step Down as CEO
The poll showed that 57.5% of respondents want him to leave as head of the social-media platform, bringing it fresh...
Defense Contractor L3Harris Plans to Buy Aerojet Rocketdyne for $4.7 Billion
BusinessAerojet makes engines used in missiles, including the Javelin deployed in Ukraine Source link
Amgen Agrees to Deal to Buy Horizon Therapeutics
BusinessThe U.S. biotechnology company will pay $116.50 for each Horizon share Source link
FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive
TechThe software giant has said it wouldn’t block rivals from Activision games, but the agency says Microsoft had reneged on...
Penguin Random House CEO Resigns Weeks After Simon & Schuster Deal Was Blocked
BusinessMedia & MarketingMarkus Dohle had testified a merger between the two publishing giants would benefit consumers and authors, but antitrust...
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
MarketsDealsNRG will look to cross-sell and bundle the two companies’ energy and home-security products Source link
WSJ News Exclusive | PepsiCo to Lay Off Hundreds of Workers in Headquarters Roles
WSJ News ExclusiveBusinessSnacks and beverages giant tells staff it is trimming roles in North America Source link
Kroger, Albertsons CEOs Defend Grocery Merger at Senate Hearing
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers....
Puerto Rico’s Power Failures Worsen After Private Takeover
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Taylor Swift Concert-Ticket Mess Draws Scrutiny for Live Nation and Ticketmaster
Legal experts question whether unwinding the 2010 merger would address the problems raised by lawmakers and fans. Source link
Gieves & Hawkes, Tailor Favored by British Royalty, Secures Rescue
The Savile Row suit maker is back in British hands after five ill-fated years of Chinese ownership that threatened its...
Elon Musk’s Twitter Takeover Triggers Partisan Clash on Government’s Role
Democrats say company staff cutbacks are threatening user security, while Republicans maintain that the dispute is over free speech. Source...
China’s Global Port Investments Give Rise to Security Worries
Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping...
SoftBank Posts Profit of More Than $21 Billion After Selling Alibaba Shares
TechShare sale more than offsets losses at SoftBank’s Vision Funds Source link
Facebook Parent Meta Announces Layoffs of 11,000 Staff
TechLayoffs are the first broad head-count reduction to occur in the company’s history Source link
