EU happy with Microsoft's Activision Blizzard deal tweaks to appease CMA
Microsoft Corp.’s rehashed $69-billion (R1.3-trillion) acquisition of Activision Blizzard Inc. is set to avoid another European Union probe, paving the way for closing of the gaming industry’s biggest ever deal as soon as...
Amazon sued by FTC for “monopolising” online marketplace services and seller overchargers
The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolising online marketplace services by degrading quality for shoppers and...
Phil Spencer says leaked Xbox info is outdated
Microsoft Corp. mistakenly provided confidential information about its video game operations to a federal court website.
The documents revealed Monday were exhibits in the FTC’s antitrust suit to stop Microsoft from completing its $69 billion...
FTC forced to pause Microsoft-Activision deal review
The US Federal Trade Commission paused its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc., opening the door to potential settlement talks.
The step is a win for Microsoft and Activision as they...
Microsoft's Activision takeover all but a sealed deal
A US appeals court denied a Federal Trade Commission bid to pause Microsoft Corp.’s acquisition of Activision Blizzard Inc. Friday, clearing a path for the companies to close the largest gaming deal ever in the US.
The 9th Circuit US Court...
FTC probing OpenAI over personal data usage
The US Federal Trade Commission has opened an investigation into OpenAI Inc., questioning whether its popular ChatGPT conversational AI bot puts consumers’ reputations and data at risk, according to a person familiar with the matter.
The probe into...
Sony shares take a hit after Microsoft's court victory in Activision deal saga
Sony Group Corp. shares fell as much as 2.7% Wednesday in Tokyo after a US federal judge ruled in favour of Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc.
The Tokyo-based PlayStation maker has...
Microsoft scores US and UK victories in battle to clear Activision Blizzard deal
Microsoft Corp. changed the course of its $69-billion (R1.28-trillion) bid for Activision Blizzard Inc. in minutes Tuesday, winning an unprecedented reconsideration from a UK regulator that had blocked the largest...
Microsoft CEO guarantees Call of Duty will stay on PlayStation in court
Microsoft Corp.’s chief executive officer reaffirmed his company’s promise to keep Activision Blizzard Inc.’s top-selling Call of Duty on rival Sony Corp.’s PlayStation console as he sought to defend the biggest-ever video...
The Big Amazon monopoly case
Lina Khan’s Federal Trade Commission has already filed three cases against Amazon.com Inc. Now she’s gearing up for the Big One.
In the coming weeks, the agency plans to file a far-reaching antitrust suit focused on Amazon’s core online marketplace, according to...
Amazon sued by FTC for "manipulating" customers into signing up for Prime
The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up for its Prime membership service and deliberately made it hard to cancel.
The consumer...
Microsoft and Activision Blizzard CEOs headed to court to defend $68.7-billion deal
Microsoft Corp. chief executive officer Satya Nadella and Activision Blizzard Inc. CEO Bobby Kotick will be in court this week to try to persuade a federal judge in California to reject the Federal Trade...
Court temporarily blocks Microsoft-Activision deal
Microsoft Corp.’s $69-billion (R1.29-trillion) acquisition of Activision Blizzard Inc. was temporarily blocked by a federal judge in California who said a temporary restraining order was necessary to maintain the status quo while the Federal...
FTC officially sues to stop Microsoft's Activision deal
The Federal Trade Commission sued Microsoft Corp. in federal court Monday to block the company from closing its $69-billion (R1.29-trillion) acquisition of Activision Blizzard Inc.
In a filing in California federal court, the FTC sought a...
Microsoft settles with FTC for illegally harvesting Xbox Live underage users' data
Microsoft Corp. agreed to pay $20 million (R384.82 million) to settle a US Federal Trade Commission claim that the company illegally collected data from children who signed up to use its Xbox gaming system.
The...
Amazon settles with FTC over Ring privacy violations
Amazon.com Inc. agreed to pay $30.8 million (R608.7 million) to resolve two cases brought by the Federal Trade Commission Wednesday related to privacy lapses by its smart devices.
In one case, the FTC alleged that Amazon didn’t take steps...
EU clears Microsoft's $69-billion Activision Blizzard acquisition
Microsoft Corp.’s $69-billion (R1.3-trillion) takeover bid for games developer Activision Blizzard Inc. came back from the brink after the European Union gave its blessing for one of the biggest deals in history.
In a decision...
Meta Platforms up against tough privacy review
Meta Platforms Inc. was accused by the Federal Trade Commission of repeatedly violating privacy promises it made to US regulators and now faces a possible government ban on launching new social-media products without an independent review.
Meta...
Tech ethics group wants investigation into OpenAI's GPT training
A prominent tech ethics group plans to file a complaint with the US Federal Trade Commission urging the regulator to halt further commercial deployment of new generations of artificial intelligence technology that powers the...
FTC suing to block Microsoft's blockbuster Activision Blizzard deal
The US Federal Trade Commission is seeking to block Microsoft Corp.’s $69 billion (R1.18-trillion) acquisition of Activision Blizzard Inc., saying the tie-up between the Xbox maker and popular gaming publisher would harm...