Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source...
Corporate/Industrial News
Russia Says It Is Pulling Out of Ukraine Grain Deal
The Kremlin said the deal had been “terminated” but that Russia would rejoin the agreement if its demands were met....
Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
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United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
Economists Are Cutting Back Their Recession Expectations
Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Source link
Weeks of Extreme Heat Strain Small Businesses and Economy
July 15, 2023 12:01 am ETListen to article(2 minutes)Heat waves stretching across large parts of the globe are straining power...
FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Eli Lilly to Acquire Obesity-Treatment Maker Versanis
Versanis shareholders could receive as much as $1.925 billion in cash, in an upfront payment and additional payments if certain...
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
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Elon Musk’s Twitter Asks Court to Terminate FTC Settlement
The move comes ahead of congressional hearing into Federal Trade Commission’s Twitter probe. Source link
Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new...
Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft, which the agency is appealing, marks another setback in her fight to block...
Negotiators See Global Deal on Taxing Big Tech Companies Within Reach
An agreement would reallocate taxation of about $200 billion in profits; failure could lead some nations to impose their own...
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
Is Work From Home to Blame for Senior Housing’s Muted Recovery?
Markets with high levels of remote work tend to have lower senior-housing occupancy rates. Source link
The Next Challengers Joining Nvidia in the AI Chip Revolution
What to Read Next Source link
New York Times to Close Sports Desk, Rely on the Athletic for Daily Coverage
The news organization will rely on the Athletic for its daily sports coverage, as it seeks to further integrate the...
EU Approves Data-Transfer Deal With U.S., Averting Potential Halt in Flows
The issue has proved a concern for some of the world’s biggest tech companies, including Meta Platforms and Google. Source...
To Drive AI, Chip Makers Stack ‘Chiplets’ Like Lego Blocks
Some industry executives call the technology one of the most significant advances since the dawn of the integrated circuit more...
He Pushed the New York Times to Buy Wordle. Now He Has to Make Sports Work.
David Perpich, cousin of Times publisher A.G. Sulzberger, was an architect of the subscriber bundle of games, a cooking app,...
