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The Latest Breaking News on Big tech

EU regulators will reportedly permit the Microsoft-Activision deal

A new report from Reuters says that EU regulators will likely allow the Microsoft-Activision deal to pass without major concessions

USA Today Sports Media Group

Apple Is Still The Richest Company — By Squatting On Your Money

Apple is still the king of cash in the S&P 500. But it's doing it by squatting on money that should go back to you — the investors.

Investors Business Daily

‘Xbox will exist’ with or without Activision Blizzard, says Phil Spencer

The acquisition isn't 'some linchpin' to Microsoft's long-term strategy.

USA Today Sports Media Group

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Amazon argues for dismissal of lawsuit brought by delivery drivers

A two-day preliminary hearing to decide if an employment tribunal between Amazon and the drivers can go ahead is taking place in central London.

The Independent UK

Adobe Stock Falls As Feds Move To Block $20 Billion Figma Purchase

Adobe stock fell Friday on news that the U.S. Department of Justice plans to block the software giant's $20 billion acquisition of Figma.

Investors Business Daily

The Consultant on Prime Video review: Christoph Waltz can’t quite carry this by-numbers thriller

It’s got everything you want in a thriller... or does it?

Evening Standard

Microsoft refuses to sell Call of Duty or parts of Activision Blizzard

Microsoft president Brad Smith said it isn’t feasible for Xbox to sell Call of Duty or parts of Activision in response to UK regulators

USA Today Sports Media Group

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Microsoft Doubles Down on Not Letting Call of Duty Go

Confidence is key for Microsoft in anticipation on EU ruling over proposed acquisition of Activision Blizzard.

Inverse

Microsoft makes case for Activision merger amid EU scrutiny

Microsoft’s Xbox video game division has announced new partnerships with Nintendo and chipmaker Nvidia

The Independent UK

Microsoft sees no activision deal without Call of Duty

Microsoft Corp. made it clear on Tuesday that there will be no $69 billion deal to buy Activision Blizzard Inc. unless it comes with the blockbuster title Call of Duty.

Tribune News Service

Microsoft in showdown with EU to save $69 billion deal

Microsoft Corp. headed into a showdown with European Union antitrust watchdogs by insisting its $69 billion takeover of Activision Blizzard Inc. will “bring more competition” for gamers but pledging to show willingness to address antitrust concerns.

Tribune News Service

Here's How Much Amazon Takes From Every Third-Party Sale

Third-Party sellers are generating more revenue than ever on Amazon, but fees have been rising for the past five years at the same time, also.

The Street

Amazon workers to stage a week of strike action

Staff in Coventry have announced another walkout after making history last month as first-ever UK Amazon employees to take in industrial action

Birmingham Post

Sony says Microsoft court filings are ‘obvious harassment’

Sony hits back at Microsoft’s court filings and demands for documents, calling them “obvious harassment” and asking the court to quash them

USA Today Sports Media Group

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Evening Standard

Who owns Activision Blizzard? Microsoft acquires Call of Duty maker in blockbuster deal

The UK competition watchdog has cleared the biggest deal in gaming history after initially restricting it

Tribune News Service

After layoffs, ex-Amazon workers wonder about 'Earth's Best Employer'

When their phone pinged with a meeting reminder in January, one former Amazon employee was confused. The company had let them go four days earlier — yet they were still getting invitations to new meetings.

Salon

Republican identity politics

Their Orwellian newspeak version of "freedom, liberty and individual rights" belies a darker truth

USA Today Sports Media Group

UK regulator wants Microsoft to sell Activision or Call of Duty

The UK’s Competition and Markets Authority said the Microsoft Activision deal could hamper innovation in cloud gaming and raise prices

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The National (Scotland)

Glasgow Apple store staff make history as the first in the UK to unionise

WORKERS in a Scottish Apple store have now officially become the first in the UK to unionise after signing a formal agreement with the American tech…

The Independent UK

Big tech roils markets after shaky quarterly performances

Wall Street has its eyes on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances

Investors Business Daily

Apple Sees Improved Outlook; Here's How It's Helping The Stock

After missing its December-quarter targets due to iPhone supply shortages, Apple said production has returned to normal.

The Street

Apple Stock Turns Higher As iPhone Outlook Offsets Rare Earnings Miss From China Disruptions

China's Covid disruptions "significantly impacted the supply of iPhone 14 Pro and iPhone 14 Pro Max and lasted through most of December," said Apple CEO Tim Cook.

The Street

Google Goes 'Meta' With Cost Cut Focus As Ad Sales Slump Hits Q4 Earnings; Stock Slides

"We are committed to investing responsibly with great discipline and defining areas where we can operate more cost effectively," said CEO Sundar Pichai.

Asharq Al-Awsat

Google, Apple Disappoint as Tech Earnings Hit by Gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. The tech titans posted earnings as shares in Meta skyrocketed a day after it reported better…

Evening Standard

FTSE 100 Live: Tech giants under pressure after earnings updates

The improved stock market mood is under strain today after earnings updates by tech giants Apple, Google owner Alphabet and Amazon.

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