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...
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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...
Toy Makers Are Betting on Last-Minute Holiday Shopping to Save the Year
Too many toys are sitting on shelves as the holiday buying season gets under way. Retailers and toy makers hope...
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...
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...
Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss
CEO Michelle Gass has been under attack from activist investors for sales declines and a steep drop in the department-store...
Nike Suspends Partnership With Kyrie Irving After He Shared Anti-Semitic Film
BusinessSportswear giant says it won’t release Kyrie 8 sneaker, one of its flagship products Source link
Peloton’s Quarterly Sales Fall Again but Losses Narrow
BusinessEarningsCompany predicts revenue could drop 37% in holiday quarter, with CEO saying turnaround is ahead of schedule Source link
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.41% faced repeated margin calls on money...
Lego Owner to Acquire Education-Technology Firm Brainpop
Lego owner Kirkbi A/S is buying U.S. video-learning firm Brainpop for $875 million, according to the companies, as the family...
Hackers Leaked ‘Grand Theft Auto’ Footage, Rockstar Games Says
Take-Two Interactive Software Inc. said hackers broke into the networks of its Rockstar Games Inc. unit and illegally accessed early-development...
Microsoft’s Activision Deal Draws Further Scrutiny From U.K. Watchdog
The U.K.’s competition regulator said it would escalate its investigation into whether Microsoft Corp.’s MSFT 0.09% planned acquisition of Activision...
Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a...
Peloton Delays 10-K Annual Report to Complete Accounting
Peloton Interactive Inc. PTON -8.50% said it needs to delay filing its annual report with securities regulators, the latest setback...
China’s Videogame Makers Tap Overseas Markets as Home Prospects Dim
Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user...
WSJ News Exclusive | Roblox Poaches Seasoned Meta Executive as It Chases Growth in Asia
HONG KONG— Roblox Corp. RBLX -2.19% has poached a Meta Platforms Inc. executive for the newly created role of Asia-Pacific...
Videogame Companies Face Slowdown as People Spend Less on Gaming
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
Under Armour Lowers Profit Targets for Year
Under Armour Inc. UA 2.06% lowered its profit targets for its fiscal year, saying the price markdowns and higher freight...
