U.S. FTC to review Microsoft’s $68.7 bln deal for Activision – Bloomberg News
The U.S. antitrust review of Microsoft Corp’s (MSFT.O) $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard Inc (ATVI.O) will be handled by the Federal Trade Commission (FTC), Bloomberg News reported late on Monday, citing a person familiar with the matter.
EXCLUSIVE Pearson buys certification group Credly in deal valued at $200m
Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation.
Sony slides on ‘monumental challenge’ from Microsoft gaming deal
Shares in Japan’s Sony Group (6758.T) fell 9% on Wednesday after gaming rival Microsoft (MSFT.O) said it will buy developer Activision Blizzard (ATVI.O) in a record $68.7 billion deal for the industry.
Analysis: Sony faces deep-pocketed rivals in war over future of gaming
Sony Group (6758.T), perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes expansion on multiple fronts, including electric cars.
Stocks slide, treasury yields jump as inflation fears crescendo
Asian and European shares fell, U.S. and European bond yields hit multi-year highs, and oil prices climbed on Wednesday as investors braced for tighter monetary policy to combat troubling levels of inflation.
White House will meet execs from Apple, Amazon, IBM to discuss software security
The White House will meet executives from leading tech firms, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc , on Thursday to discuss software security after the United States suffered several major cyberattacks last year.
France’s OVHcloud picks up speed in Q1, on track for 2022 targets
French cloud computing company OVHcloud (OVH.PA) reported on Wednesday a rise of 13.9% in its first-quarter revenue, and said it was on track to achieve its full-year objectives.
Ferrari unveils new organisation and top team to face electrification challenge
Ferrari’s (RACE.MI) new chief executive on Monday unveiled a new organisation and leadership changes aimed at sharpening its technology focus and product exclusivity as the luxury sports car maker embraces electrification.
Apple’s $3 trillion market value follows 5,800% gain since iPhone debut
Apple (AAPL.O) on Monday became the first publicly traded company with a stock market value of over $3 trillion, marking the latest milestone in the Silicon Valley heavyweight’s spectacular stock surge since introducing the iPhone in 2007.
EXCLUSIVE Zoom has joined tech industry counterterrorism group
Video-conferencing platform Zoom has joined a counterterrorism organization formed by major U.S. tech companies including Meta Platforms Inc (FB.O), formerly known as Facebook, and Microsoft Corp (MSFT.O), the group said on Wednesday.
