FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming
TechWhile cloud gaming is a small part of the videogame market, industry participants expect it to become more influential Source...
Crime/Legal Action
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...
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...
Theranos Ex-Operating Chief Sunny Balwani Sentenced to Nearly 13 Years in Prison
BusinessElizabeth Holmes, founder of startup, was sentenced last month for her role in elaborate fraud scheme Source link
TikTok Is Sued by State of Indiana, Accused of Targeting Young Teens With Adult Content
TechSuits come as states push back against the platform, citing worries over its influence on children and security concerns related...
EU Sues China in WTO Over Trade Retaliation on Lithuania
WorldEuropeChina’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan Source link
Google Faces Pressure in Hong Kong Over Search Results for National Anthem
TechOfficials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song...
BlockFi Says It Is Different From FTX, Affirms Efforts to Return Customer Funds
BlockFi Inc. told a U.S. bankruptcy court on Tuesday it was blindsided by cryptocurrency exchange FTX’s rapid demise and would work to repay creditors...
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
American Casino Giants Win 10-Year Macau License Renewals
Six casino operators in Macau won provisional licenses to continue operating in the Chinese gambling hub for the next 10...
Adidas to Probe Misconduct Allegations Against Kanye West
Former employees say the sportswear company’s management turned a blind eye to the musician when he was working to develop...
Tesla Board’s View That Elon Musk Is Irreplaceable Emerged in Pay Trial
The directors’ desire to keep the serial entrepreneur focused on the car maker contributed to the pursuit of a multibillion-dollar...
Elizabeth Holmes Is Sentenced to More Than 11 Years in Prison for Defrauding Theranos Investors
BusinessJury convicted Holmes earlier this year on charges that she misrepresented startup’s technology, finances and business to investors Source link
CEO in Charge of FTX Restructuring Calls Case an ‘Unprecedented’ Mess
The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed...
Elon Musk Recently Floated Possibility of Having a Successor at Tesla, a Board Member Says
TechTestimony came after Mr. Musk said he expected to find a new person to run social-media company Twitter Source link
Apple, Fortnite Battle Moves Before Appeals Court Over App Store Monopoly Claims
Three judges are hearing the high-profile case that now includes the Justice Department and could determine the fate of the...
Bankrupt Crypto Exchange FTX Probing Unauthorized Transactions
MarketsCurrenciesCryptocurrencyMore than $370 million worth of crypto funds appears to be missing, according to risk-management firm Elliptic Source link
Qatar Airways Says Airbus Exerted Influence Over Regulator in Paint Dispute
The airline made the accusation to a London court as part of a case in which it claims that surface-paint...
Ex-MoviePass Executives Are Charged in Securities Fraud Case
The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new...
Ex-Green Beret, Son Return to U.S. After Prison Sentence Over Carlos Ghosn Escape
BusinessThe duo helped former Nissan executive avoid a trial on charges of financial wrongdoing in Japan Source link
