Microsoft’s deal to acquire Activision Blizzard could violate UK antitrust rules, a government watchdog said on Thursday. The two companies now have five working days to answer regulators’ questions before the investigation escalates to an independent review panel, which could move to block the deal if they find that it would suppress competition. The UK’s Competition and Markets Authority,...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
TikTok CEO To Testify Before Congress
SoftBank’s Ex-COO Claure to Join Shein as Head of Latin America
Biden Administration May Fully Cut Off Huawei From U.S. Suppliers
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