US FTC to Probe Qualcomm’s Israeli Chipmaker Autotalks Aquisition Deal: Report

US FTC to Probe Qualcomm’s Israeli Chipmaker Autotalks Aquisition Deal: Report

ByNews Polite

The US Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing people familiar with the matter. In May, Qualcomm had said it would acquire Israel’s Autotalks, a maker of chips used in crash-prevention…

Activision Blizzard, Microsoft Extend $69 Billion Deal Deadline to October 18

Activision Blizzard, Microsoft Extend $69 Billion Deal Deadline to October 18

ByNews Polite

Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom’s antitrust authority. The “Call of Duty” publisher said the companies also agreed to…