Others

UK’s CMA confirms decision to block Microsoft-Activision but opens fresh probe of restructured deal proposal

August 22, 2023
The UK’s antitrust regulator has confirmed its April decision to block the $68.7BN Microsoft-Activision gaming mega-merger — rejecting arguments by Microsoft that it should overturn its original prohibition because of developments since the original decision. However in a simultaneous announcement today the Competition and Markets Authority (CMA) has opened a new investigation into a restructured […]

X is planning to hide headlines from news links for ‘improved aesthetics’

August 22, 2023
Elon Musk-owned X, formerly Twitter, is planning to roll out a new way to display news links without any headline or description. The social network will display just the link and the header image in a post, according to a report by Fortune. Musk confirmed the move in a post on Monday and said it […]

Chip company Arm files for Nasdaq listing in IPO anticipated to be this year’s biggest

August 21, 2023
Arm, the U.K.-based chipmaker owned by Japan’s SoftBank since 2016, has filed for a Nasdaq listing under the ticker symbol “ARM,” five months after announcing it had filed confidential, preliminary IPO paperwork with U.S. regulators. The outfit didn’t provide a projected share price in its F-1 paperwork. SoftBank recently bought a 24.99% stake in the […]