FTC vs Microsoft: Activision Blizzard Acquisition Rekindled
The Federal Trade Commission (FTC) has resurrected its legal challenge against the monumental $69 billion acquisition of gaming juggernaut Activision Blizzard by Microsoft. Filed on
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Goldman Sachs: 90% Odds of Imminent Government Shutdown
As the September 30th funding deadline approaches, economists at Goldman Sachs have issued a stark warning, estimating a 90% likelihood of a government shutdown in
Gensler: Government Shutdown Threatens SEC Operations
The Chair of the Securities and Exchange Commission (SEC), Gary Gensler, issued a stark warning to Washington lawmakers on Wednesday, emphasizing the potential consequences of
FTC Alleges Monopoly: Amazon Faces Antitrust Lawsuit
The US Federal Trade Commission (FTC) and 17 states have jointly filed a groundbreaking antitrust lawsuit against e-commerce behemoth Amazon (AMZN) on Tuesday, alleging the
Amazon Enlists Ex-Microsoft Chief Panos Panay to Lead Alexa Unit
Former Microsoft product chief Panos Panay has been tapped to lead the beleaguered unit of Amazon overseeing its Alexa and Echo products. Amazon made the
China’s Cyberspace Administration Targets App Stores
In a significant move aimed at tightening control over its digital landscape, China’s Cyberspace Administration (CAC) has released a list of 26 mobile app stores
Micron Technology Report: Crucial Test for Investors
Micron Technology, a prominent memory chip-manufacturer, is poised to deliver a pivotal litmus test for investors seeking solace in the midst of a tumultuous tech
Shares of Faraday Future Drop 30% on $90M Stock Offering News
Shares of Faraday Future Intelligent Electric (NYSE: FFIE) tumbled on Wednesday, as the beleaguered electric vehicle manufacturer revealed plans to raise up to $90 million
Strong Dollar, Historic Treasury Yields Propel Markets
The US dollar index (DX-Y.NYB) soared to its highest level since November on Tuesday, propelled by the US 10-Year Treasury Note yield (^TNX) surging to
Oil Prices Surge 3% Amid Global Supply Concerns
Oil prices experienced a notable surge on Wednesday, reaching their highest intraday levels for the year. Both Brent and U.S. West Texas Intermediate (WTI) crude
