The Federal Trade Commission withdrew Wednesday what it saw as overly permissive guidance on how the agency reviews so-called vertical mergers, or deals between two companies that don’t directly compete. Separately, the agency also issued the preliminary findings from a study started in 2020 of small acquisitions by Google, Apple, Facebook, Amazon and Microsoft. Taken together, the moves are...
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Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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