Ten American gamers want to block the planned takeover of games studio Activision Blizzard by tech group Microsoft. They, therefore, went to court in California. The American competition watchdog FTC had also started a case to prevent the merger. The ten gamers claim in their complaint that the acquisition of […]
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The European Commission is satisfied with several commitments from the online shopping platform Amazon to better comply with European competition rules. The deal means Amazon escapes a potential billion-dollar fine. The American company promises not to use other sellers’ data to improve its brands and stop favouring some sellers. Amazon’s […]
Facebook is abusing its power to market its advertising platform Marketplace, concludes the European Commission. If that provisional conclusion remains valid, billions of fines threaten Facebook. Facebook automatically gives its billions of users access to Marketplace, where they can advertise stuff or place classified ads. Whether they are waiting for […]
The US Senate has unanimously voted to ban the popular app TikTok from the work phones of US government officials. According to the bill’s initiator, the Chinese app is “a Trojan horse for the Chinese Communist Party”. However, the bill still has to pass the House of Representatives before the […]
Meta Platforms, the parent company of Facebook, has laid off more than 24 employees and freelancers in the past year for illegally taking over the accounts of users of the social media platform. This is reported by the business newspaper The Wall Street Journal based on insiders and documents from […]
Bitcoin cryptocurrency lost a lot of its value on Tuesday. The cause seems to be the news surrounding the potential takeover of crypto exchange FTX by its rival Binance. On Sunday, Binance boss Changpeng Zhao tweeted that his platform would eliminate all of its competitor’s FTT digital tokens “following recent […]
Healthcare company CVS Health, pharmacy company Walgreens Boots Alliance and supermarket group Walmart have reportedly settled for their role in the so-called opiate crisis in the United States. According to insiders, the three major concerns have tentatively agreed to pay more than $12 billion to buy off thousands of lawsuits […]
Internal research should show that Twitter’s most valuable users are leaving the platform in large numbers. After several months of struggles, Elon Musk seems to buy the social network Twitter this week. But where it has been clear for some time that the agreed price of $42 billion is too […]
The large American technology companies Microsoft and Google parent Alphabet fell hard on the stock exchanges in New York on Wednesday. Investors were disappointed with the results of the two tech giants, sending shares down 8.3 percent. In addition, Facebook parent Meta Platforms, which comes with quarterly figures after the […]
Musk said on Twitter that US billionaire Elon Musk’s space company SpaceX is losing about $20 million a month by providing its satellite internet service to Ukraine. Still, he continues to pay the bill for the Starlink internet terminals in the country. The company does not receive any money from […]
