A US appeals court on Thursday refused to revive a lawsuit filed by states against Meta’s Facebook that alleged the company had broken antitrust law. Dozens of states led by New York asked the US Court of Appeals for the District of Columbia last year to reinstate the lawsuit, which US District Judge James Boasberg of the … Read more
Federal regulators are expected to sue Amazon over allegations that the e-commerce giant illegally collected data on children, according to two people familiar with the case. The Federal Trade Commission recommended filing a complaint that Amazon’s Alexa-powered speakers are collecting information about children under the age of 13 without parental consent in violation of the … Read more
The US Federal Trade Commission asked Twitter to turn over some internal communications related to owner Elon Musk and other detailed information about business decisions as part of an investigation into the social media company, according to a report put out by two House of Representatives committees. The FTC has sent more than a dozen … Read more
Microsoft’s offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tencent … Read more
The US Federal Trade Commission (FTC) said it will not appeal its loss in federal court in its fight to stop Meta Platforms from buying VR content maker Within Unlimited, but could still pursue the case with an internal FTC administrative law judge. Judge Edward Davila of the US District Court for the Northern District … Read more
Activision Blizzard has agreed to pay $35 million (nearly Rs. 290 crore) to settle allegations over the video game maker’s handling of workplace complaints and violations of whistleblower protection rules, US financial regulators said on Friday. The Securities and Exchange Commission said the company knew employee retention issues were “a particularly important risk in its business” … Read more
Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the … Read more