Feds Say Activision Layoffs Violate Promises Microsoft Made in Merger Deal

Image: Jaap Arriens (Getty Images) The Federal Trade Commission isn’t happy with the outcome of Microsoft’s $68.7 billion acquisition of Activision Blizzard, telling a court on Wednesday that Microsoft’s recent layoffs contradict promises it made to get the merger approved. Warning! Microsoft Wants ChatGPT to Control Robots Next In a letter to the clerk of … Read more

FTC looking into AI deals at Amazon, Alphabet, Microsoft, OpenAI

WASHINGTON, DC – OCTOBER 4: Federal Trade Commission Chair Lina Khan speaks during a discussion on antitrust reforms at the Brookings Institution October 4, 2023 in Washington, DC. Khan assumed the role of FTC chair in June 2021 after being appointed by U.S. President Joe Biden and confirmed by the Senate. (Photo by Drew Angerer/Getty … Read more

FTC permits Amgen Horizon Therapeutics deal to maneuver ahead

The Amgen brand is displayed exterior Amgen headquarters on Might 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Pictures The Federal Commerce Fee on Friday stated it has reached a cope with drug big Amgen to permit the corporate’s $27.8 billion buy of Horizon Therapeutics to maneuver ahead.  The 2 firms now anticipate … Read more

FTC will attempt to block Microsoft’s acquisition of Activision Blizzard

FTC Chairwoman Lina Khan testifies in the course of the Home Power and Commerce Subcommittee on Innovation, Knowledge, and Commerce listening to on the “FY2024 Federal Commerce Fee Price range,” in Rayburn Constructing on Tuesday, April 18, 2023. Tom Williams | Cq-roll Name, Inc. | Getty Photos The Federal Commerce Fee is about to file … Read more

Fb Needs to Block FTC Modifications to $5B Privateness Settlement

Picture: Buda Mendes (Getty Pictures) Legal professionals for Meta, the father or mother firm of Fb and Instagram, are accusing the Federal Commerce Fee of making an attempt to exert extra energy than the company is granted by legislation. The company is planning to revise its 2020 settlement with Fb over the corporate’s privateness violations, … Read more