Samsung chief Lee Jae-yong’s acquittal in merger case appealed by prosecution

Earlier this week, a court in South Korea announced its verdict in the long-pending case related to the merger of Samsung Group’s affiliate companies. It was alleged that Samsung Electronics Chairman Lee Jae-yong was involved in market irregularities and illegally boosting the share price of Cheil Industries, one of Samsung Group’s affiliate companies. However, Lee […]

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Samsung chairman Lee Jae-yong found not guilty in merger case

Samsung Electronics chairman Lee Jae-yong has been found not guilty in the case that was connected to the controversial merger of Cheil Industries Inc. and Samsung C&T Corp. These companies were merged in 2015, and it was alleged that Lee Jae-yong was involved in stock price rigging and accounting fraud to solidify his position and […]

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Explosive Exchange: FTC Chair faces off against hostile US Congress over Microsoft-Activision merger

What you need to know The United States FTC recently lost its bid to stop Microsoft from buying Activision for Xbox.  Although not directly related to this specific case, FTC Chair Lina Khan was in front of a House oversight committee in the United States this week and did field questions over the ABK deal.  […]

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Another regulator unconditionally approves Microsoft’s Activision merger with Xbox

What you need to know In January of 2022 Microsoft announced a deal to purchase Activision Blizzard King, publishers of titles like Call of Duty, World of Warcraft, and Candy Crush, for a record setting $68.7 billion. For the deal to close, it needs global approval from national regulatory boards and committees.  The US’s Federal […]

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Bombshell PlayStation emails reveal Sony’s true feelings about Xbox’s Activision merger

What you need to know Microsoft is battling the FTC in court for its right to purchase Activision-Blizzard-King (ABK).  Sony PlayStation is the primary detractor against the deal, with claims that Microsoft may try to undermine its competitor using the popular Call of Duty franchise.  Internal emails revealed in the court case paint a different […]

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Yet another major regulator has ruled in favor of the Xbox, Activision-Blizzard merger

What you need to know Microsoft is attempting to purchase Activision-Blizzard for a massive $69 billion dollars.  The transaction for the Call of Duty maker has been under heavy scrutiny with regulators across the globe.  Another potential hurdle has been cleared, with Japan’s Fair Trade Commission tentatively ruling in favor of the deal.  Japan is […]

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UK regulator claims that Activision Blizzard Microsoft merger will ‘hurt competition’

What you need to know The UK Competition and Markets Authority shared its provisional findings from its investigation of Microsoft’s purchase of Activision Blizzard. The CMA found that the deal “raises concerns about cloud and console gaming.” Microsoft could stifle competition in cloud gaming by acquiring Activision Blizzard, according to the CMA. The UK Competition […]

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Activision: We will ‘fight’ for the Xbox, Microsoft merger if necessary

Yesterday, Politico broke a vague (and slightly clickbaity) story that claimed four anonymous sources within the FTC are raising the prospect of the big U.S. regulator suing to block the deal between Microsoft and Activision. Indeed, Microsoft is trying to spend $69 billion dollars to get the Call of Duty, Candy Crush, and Warcraft maker […]

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Twitter Sues Elon Musk to Force $44 Billion Merger

As promised, Twitter today sued Elon Musk in an attempt to force Musk to go through with the $44 billion purchase of Twitter, reports Reuters. Twitter in the lawsuit accuses Musk of trashing the company, disrupting its operations, and destroying stockholder value. Having mounted a public spectacle to put Twitter in play, and having proposed […]

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Prepare to say goodbye to Google Duo as its merger with Meet starts rolling out

Last month, Google announced that it will merge Google Duo with Meet and that the app will have all of the features of both apps. This was Google’s way of doing away with duplicate apps that serve the same purpose. While Google Duo will soon be replaced by Google Meet later this year, the first evidence […]

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Apple’s Merger of ‘iCloud Documents and Data’ Into iCloud Drive Now Complete

Last May, Apple Apple announced that it would be merging its iCloud Documents and Data service into iCloud Drive in May of 2022, and that transition has now been completed. As noted in a support document updated today, users who previously relied on ‌iCloud‌ Documents and Data for syncing files across devices will need to […]

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Activision Blizzard investors approve merger with Microsoft

Source: Activision Blizzard Microsoft’s deal to acquire Activision Blizzard isn’t done yet, but one big step is now done. Activision Blizzard shareholders have overwhelmingly voted to approve the deal, with more than 98% of the votes saying yes, per a press release on Thursday. While Activsion Blizzard’s board of directors had previously approved the deal, […]

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