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...
Crime
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
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...
Don’t Panic. Set Up Two-Factor Authentication So You Don’t Get Locked Out.
A warning to those feeling secure with two-factor authentication. If you lose or break your phone, you could lose access...
Twitter Sues Wachtell Over $90 Million Payout for Musk’s Buyout Deal
Twitter sued Wachtell, Lipton, Rosen & Katz, the law firm that represented its interests in a Delaware case to force...
U.S. Says No ‘Pathway’ Yet to Prisoner Swap for Evan Gershkovich
The Wall Street Journal reporter has been detained for 100 days in Russia. Source link
China’s Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer...
Meta’s Facebook Faces Fresh Threat to Sending Personalized Ads in EU
The surprise ruling could short-circuit the platform’s legal efforts to protect its ad-based business model on the continent. Source link
Microsoft CEO Satya Nadella Says $75 Billion Activision Deal Won’t Block Competition
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WSJ News Exclusive | FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
The failed crypto company is in initial discussions with investors about relaunching its international exchange. Source link
WSJ News Exclusive | Scammers Target Stores With Bomb Threats, Seeking Bitcoin and Gift Cards
Kroger, Walmart and other retailers report anonymous threats, prompting law-enforcement investigations. Source link
FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
Amazon duped millions of customers into Prime subscriptions, the federal agency said. Source link
At 3M, Lawsuits Threaten to Transform the Company
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FTC Plans to Seek a Restraining Order to Stop Microsoft From Closing Activision Deal
A judge would need to agree to issue the time-limited order; there is no guarantee when or if the agency...
U.S. Chamber of Commerce Challenges Federal Government’s New Drug-Price Powers
The lawsuit is the second filed this week saying Medicare’s new negotiating authority is unconstitutional. Source link
Dispute Erupts Over Former Zappos CEO Tony Hsieh’s Happiness Brand
A friend of former Zappos CEO Tony Hsieh is suing the entrepreneur’s estate over ownership of the Delivering Happiness business....
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
What Is Happening With Binance?
The SEC sued the largest crypto exchange and its controlling shareholder, saying they enriched themselves at investors’ expense. A look...
Supreme Court Says Employer Can Sue Union for Losses Caused by Work Action
Justices say labor law doesn’t protect union from claims that workers endangered company property. Source link
WSJ News Exclusive | Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
Updated May 31, 2023 6:19 pm ETA former top JPMorgan Chase executive said in legal documents that for years he...
