Amazon’s takeover of MGM Studios will be reviewed by the Federal Trade Commission, according to a report in the Wall Street Journal. As tech critic Lina Khan just took over as FTC chair, this could spell trouble for the deal. Khan could push to aggressively review the acquisition as part of the agency’s broader Amazon probe. The FTC’s involvement signals at least a lengthy merger review. The...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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