Who will be the next M&A target in gaming? It's a multibillion-dollar question — here's what analysts are saying. Source link

The Senate Judiciary Committee voted 16-6 Thursday to advance a major tech competition bill, which some experts consider lawmakers’ best shot at making substantial reform into law. The American Innovation and Choice Online Act passed in a bipartisan manner, setting it on a path to potentially be adopted by the full Senate. All six no votes came from Republicans, though …

Here are the biggest calls on Wall Street on Source link

Satya Nadella, CEO of Microsoft. Charles Pertwee | Bloomberg | Getty Images Microsoft tried to set a record in 2008, when then-CEO Steve Ballmer pursued plans to buy Yahoo for about $50 billion. It would have been the biggest U.S. tech deal ever, topping JDS Uniphase’s $41 billion purchase of SDL in 2000. Fortunately for Microsoft, Yahoo repeatedly rejected its …

Apple Inc Chief Executive Officer Tim Cook listens as U.S. President Joe Biden delivers remarks during a meeting with members of his national security team and private sector leaders to discuss how to “improve the nation’s cybersecurity,” in the East Room at the White House in Washington, August 25, 2021. Leah Millis | Reuters Apple warned in a letter sent …

FTC Chair Lina Khan and DOJ Assistant Attorney General for Antitrust Jonathan Kanter. Reuters (L) | Getty Images (R) The Federal Trade Commission and Department of Justice Antitrust Division kicked off a process to rewrite merger guidelines for businesses on Tuesday, signaling a tougher stance toward large deals. The nation’s two federal antitrust enforcers announced they are seeking public comment …

A protest against multinational technology company Amazon during the Covid-19 pandemic, on Nov. 27, 2020, in Rome, Italy. Antonio Masiello | Getty Images News | Getty Images When Italy’s competition regulator slapped a hefty fine of 1.13 billion euros ($1.28 billion) on Amazon last month, it was just the latest salvo in a string of moves against Big Tech. The …

BirgitKorber | iStock | Getty Images Fines for violations of the European Union’s landmark privacy law have soared nearly sevenfold in the past year, according to new research. EU data protection authorities have handed out a total of $1.25 billion in fines over breaches of the bloc’s General Data Protection Regulation since Jan. 28, 2021, law firm DLA Piper said …

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images LONDON — Amazon has scrapped plans to stop accepting Visa credit cards in the U.K. The e-commerce giant was expected to prevent Brits from using a Visa-issued credit card on its platform from Jan. 19. But in a statement Monday, the firm said the change “will no longer take …

A recap of the best stock picks on CNBC Friday. Source link