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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Robinhood Hits New Low Amid Crypto Selloff; Lit Protocol Connects NFT Owners
Cryptocurrencies are down from their historic highs seen in November, as is Coinbase, the leading American cryptocurrency exchange by trading volume. But Robinhood, the company operating a popular retail trading platform for both stocks and cryptocurrencies, has had the worst decline of the bunch. Bitcoin and ethereum are both down more than 45% from $69,000 and $4,800, their all-time high...
New DOJ Antitrust Head Kanter Plans to Eschew Merger Settlements
Google Faces New State Suits Over Location Tracking
Chime Said to Tap Goldman Sachs for Upcoming IPO
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