Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn…
There are no “substantive” settlement discussions under way between US President Joe Biden’s administration and Microsoft to resolve a legal dispute over the Xbox maker’s $69 billion (roughly Rs. 5,71,900 crore) bid for games maker Activision Blizzard, a Federal Trade Commission attorney said on Tuesday. The FTC, which enforces antitrust law, asked a…
Meta Platforms Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with the US District Court Northern District Of California…
Facebook, a Meta-owned company, is in another trouble as a number of the US states have requested an appeals court on Monday to reinstate an antitrust lawsuit against the social media platform. The argument by a group of the US states, led by New York, has highlighted the ongoing harm…
Amazon announced earlier this month that it will acquire the makers of Roomba vacuum cleaners iRobot in a deal worth $1.7 billion (roughly Rs. 13,500 crore). It is now being reported that this deal is being reviewed by the US Federal Trade Commission (FTC) for violating antitrust laws. Both companies…
Whether it’s the fitness tracker on your wrist, the “smart” home appliances in your house or the latest kids’ fad going viral in online videos, they all produce a trove of personal data for big tech companies. How that data is being used and protected has led to growing public…
Uber Technologies on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers and drivers, as part of a settlement with US prosecutors to avoid criminal charges. In entering a non-prosecution agreement, Uber admitted that its personnel failed to report the November 2016 hacking to…
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