Tag Archives: technology
Factbox – What’s next after US judge rules in favor of Microsoft-Activision deal?
(Reuters) - Microsoft cleared a major hurdle in its planned $69 billion purchase of videogame maker Activision Blizzard, as a judge gave a thumbs-up to the proposed deal a week before the July 18 term...
Jul 11, 2023
FTC would face tough appeal of Microsoft-Activision order -experts
By Mike Scarcella (Reuters) - The U.S. Federal Trade Commission would face hurdles in any appeal of a court's order on Tuesday that said Microsoft could move forward with its $69 billion acquisition o...
Jul 11, 2023
KPMG plans $2 billion investment in AI and cloud services – WSJ
(Reuters) - Accounting firm KPMG plans to invest $2 billion in artificial intelligence and cloud services across its business lines globally over the next five years through an expanded partnership wi...
Jul 11, 2023
Disney explores strategic options for India business – WSJ
(Reuters) -Walt Disney is exploring strategic options for its Star India business, including a joint venture or a sale, the Wall Street Journal reported on Tuesday, citing people familiar with the mat...
Jul 11, 2023
Cboe exchange to partner with Coinbase on bitcoin market surveillance in ETF push
By John McCrank NEW YORK (Reuters) - Exchange operator Cboe Global Markets on Tuesday filed amended applications to list and trade shares of three spot bitcoin exchange-traded funds, including one by ...
Jul 11, 2023
Exclusive-TikTok parent ByteDance to allow U.S. staff to cash out on shares-sources
By Echo Wang NEW YORK (Reuters) - ByteDance, the Chinese owner of short video app TikTok, will allow shares of U.S. employees to vest without waiting for the company to list in the stock market, there...
Jul 11, 2023
EU to green light Broadcom’s VMware deal on Wednesday, source says
By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Broadcom's is set to win conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware on Wednesday, a p...
Jul 11, 2023
Generative AI comes to Nasdaq, winning over engineers before lawyers
By Jeffrey Dastin AUSTIN (Reuters) - Months into the advent of more powerful artificial intelligence, a split is emerging inside the corporate world: engineers and marketers are embracing it, while la...
Jul 11, 2023
Explainer-What is Nasdaq’s special rebalancing and its impact?
By Sruthi Shankar and Medha Singh (Reuters) - A "special rebalance" of the Nasdaq 100 index will take place later this month as exchange operator Nasdaq looks to reduce the concentration of heavyweigh...
Jul 11, 2023
UK antitrust regulator ready to consider revisions to Microsoft’s Activision purchase
LONDON (Reuters) - Britain's antitrust regulator said it was ready to consider proposals to restructure Microsoft's planned acquisition of videogame maker Activision Blizzard in light of a U.S. court ...
Jul 11, 2023
