The Federal Trade Commission sued Microsoft on Thursday to block the company’s $69 billion acquisition of Activision, voicing concerns that Microsoft would withhold Activision’s popular game catalog from rivals. The move reflects one of the most aggressive steps to date taken by FTC Chair Lina Khan to rein in the power of the biggest tech companies, even at the risk of losing in court. Her agency...
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Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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