Federal Trade Commission

Although Adobe Inc (NASDAQ: ADBE) topped expectations with its fiscal fourth quarter results on Wednesday, its fiscal 2024 fiscal guidance was below estimates. The software maker’s shares, that rose 85% since the beginning of 2023, dropped more than 6% upon the report...

During an interview, Assistant Attorney General Jonathan Kanter of the U.S. Department of Justice elaborated on the reasons behind the Antitrust Division of the U.S. Justice Department increasing its scrutiny of various sectors. What Happened: The Wall Street Journal reported on Wednesday that...

The Federal Trade Commission (FTC) is persisting in its efforts to halt Microsoft Corporation's (NASDAQ: MSFT) acquisition of Activision Blizzard, despite the deal being finalized in October 2023 and gaining approval from British regulators. According to Reuters, the FTC argued in an...

Activision Blizzard Inc (NASDAQ: ATVI) outlined its plans for Xbox Game Pass in the wake of the impending Microsoft Corp (NASDAQ: MSFT) acquisition, indicating it intends to start offering its games on the service in 2024. The acquisition is set to conclude shortly, but the company has...

The Federal Trade Commission (FTC) has filed a lawsuit against U.S. Anesthesia Partners, the largest anesthesiology provider in Texas, accusing the company of using its monopoly power to inflate prices for patients and boost its profits.  According to the FTC, U.S. Anesthesia...

Microsoft Corp (NASDAQ: MSFT) faced a significant leak of confidential information related to Xbox plans and discussions. The leaked documents, originally intended for the Federal Trade Commission's (FTC) involvement in Microsoft's acquisition of Activision Blizzard Inc (...

A hefty sum of over $9 million will be given back to student-loan borrowers scammed by Ameritech Financial, as declared by the Federal Trade Commission (FTC) and Department of Justice (DOJ), Business Insider reported. Ameritech Financial, run by Brandon Frere, was...

Former Treasury Secretary Larry Summers has expressed concern over the Biden administration’s crackdown on mergers and acquisitions, stating it “seems almost like a war on business,” Bloomberg reports. Concerns Over New Guidelines: Summers criticized the new guidelines proposed by...

The U.S. Federal Trade Commission (F.T.C.) agreed to pause its in-house trial against the $69 billion acquisition of Activision Blizzard Inc. (NASDAQ:ATVI) by Microsoft Corp. (NASDAQ:MSFT). What Happened: The decision marks a significant victory for Microsoft and Activision as they strive to...

Microsoft Corp. (NASDAQ: MSFT) released a filing that revealed Activision Blizzard Inc's (NASDAQ: ATVI) decision to remove Call of Duty from Steam was a "failure." As reported by Kotaku, the tech giant disclosed Activision's move to remove the PC version of Call of Duty...

OpenAI, the San Francisco-based maker of the ChatGPT, is under federal investigation over potential consumer protection law violations. The Federal Trade Commission (FTC) is scrutinizing whether the artificial intelligence company engaged in unfair or deceptive practices leading to reputational...

Shares of Activision Blizzard Inc (NASDAQ: ATVI)  rallied by 10% on Tuesday (before dropping 1% on Wednesday), after Federal Judge Jacqueline Scott Corley ruled in favor of Microsoft Corporation's (NASDAQ: MSFT) acquisition of the video game publisher behind the mega-popular "...

On Tuesday, Warren Buffett’s Berkshire Hathaway (NYSE:BRK) stood to make a profit of over $1 billion following the court’s decision to allow Microsoft (NASDAQ:MSFT) to proceed with its acquisition of Activision Blizzard (NASDAQ:ATVI), Business Insider reports. What Happened: Berkshire...

Federal Judge Jacqueline Scott Corley has denied the Federal Trade Commission's request for a preliminary injunction of Microsoft Corporation's (NASDAQ: MSFT) acquisition of video game publisher Activision Blizzard Inc (NASDAQ: ATVI). "After considering the parties’ voluminous...

Microsoft Corp. (NASDAQ: MSFT) claims that Sony Group Corp. (NYSE: SONY) is planning to release a PlayStation 5 Slim later this year, priced at $399.99. The tech giant suggested this in a court document released during the ongoing Federal Trade Commission (FTC) trial over Microsoft's $68.7...