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The Latest Breaking News on Big tech

Amazon pauses construction on second HQ in Virginia

The pause comes after the tech giant announced massive job cuts.

Axios

Innovation, Stock Highs, Big Shifts Define The 'N' In CAN SLIM

"New" is intrinsically exciting. The potential of something new feels limitless and captivating. In CAN SLIM, IBD's seven-point investing paradigm, N is for "new" and is a crucial element of how to buy stocks. It may mean a new product or service, new management, new stock price highs, or new…

Investors Business Daily

EU regulators will reportedly permit the Microsoft-Activision deal

A new report from Reuters says that EU regulators will likely allow the Microsoft-Activision deal to pass without major concessions

USA Today Sports Media Group

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Apple Abruptly Shutters Store in North Carolina After Shootings

Apple Inc. has abruptly shut down one of its retail stores in Charlotte, North Carolina, after the mall where it’s located suffered at least three shootings in recent months.

Bloomberg

Apple Is Still The Richest Company — By Squatting On Your Money

Apple is still the king of cash in the S&P 500. But it's doing it by squatting on money that should go back to you — the investors.

Investors Business Daily

‘Xbox will exist’ with or without Activision Blizzard, says Phil Spencer

The acquisition isn't 'some linchpin' to Microsoft's long-term strategy.

USA Today Sports Media Group

Amazon argues for dismissal of lawsuit brought by delivery drivers

A two-day preliminary hearing to decide if an employment tribunal between Amazon and the drivers can go ahead is taking place in central London.

The Independent UK

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Adobe Stock Falls As Feds Move To Block $20 Billion Figma Purchase

Adobe stock fell Friday on news that the U.S. Department of Justice plans to block the software giant's $20 billion acquisition of Figma.

Investors Business Daily

The Consultant on Prime Video review: Christoph Waltz can’t quite carry this by-numbers thriller

It’s got everything you want in a thriller... or does it?

Evening Standard

Microsoft refuses to sell Call of Duty or parts of Activision Blizzard

Microsoft president Brad Smith said it isn’t feasible for Xbox to sell Call of Duty or parts of Activision in response to UK regulators

USA Today Sports Media Group

Microsoft Doubles Down on Not Letting Call of Duty Go

Confidence is key for Microsoft in anticipation on EU ruling over proposed acquisition of Activision Blizzard.

Inverse

Microsoft makes case for Activision merger amid EU scrutiny

Microsoft’s Xbox video game division has announced new partnerships with Nintendo and chipmaker Nvidia

The Independent UK

Microsoft sees no activision deal without Call of Duty

Microsoft Corp. made it clear on Tuesday that there will be no $69 billion deal to buy Activision Blizzard Inc. unless it comes with the blockbuster title Call of Duty.

Tribune News Service

Microsoft in showdown with EU to save $69 billion deal

Microsoft Corp. headed into a showdown with European Union antitrust watchdogs by insisting its $69 billion takeover of Activision Blizzard Inc. will “bring more competition” for gamers but pledging to show willingness to address antitrust concerns.

Tribune News Service

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The Street

Here's How Much Amazon Takes From Every Third-Party Sale

Third-Party sellers are generating more revenue than ever on Amazon, but fees have been rising for the past five years at the same time, also.

Birmingham Post

Amazon workers to stage a week of strike action

Staff in Coventry have announced another walkout after making history last month as first-ever UK Amazon employees to take in industrial action

USA Today Sports Media Group

Sony says Microsoft court filings are ‘obvious harassment’

Sony hits back at Microsoft’s court filings and demands for documents, calling them “obvious harassment” and asking the court to quash them

Evening Standard

Why does Microsoft want to buy Activision Blizzard and will the deal go ahead?

Why Microsoft’s proposed takeover of Activision Blizzard is so controversial

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Irish Independent

Microsoft to cut 120 jobs in Ireland

Microsoft plans to cut 120 jobs from its Irish operations following the tech giant’s announcement last month that it would reduce its global workforce by almost 5pc.

Tribune News Service

After layoffs, ex-Amazon workers wonder about 'Earth's Best Employer'

When their phone pinged with a meeting reminder in January, one former Amazon employee was confused. The company had let them go four days earlier — yet they were still getting invitations to new meetings.

Salon

Republican identity politics

Their Orwellian newspeak version of "freedom, liberty and individual rights" belies a darker truth

USA Today Sports Media Group

UK regulator wants Microsoft to sell Activision or Call of Duty

The UK’s Competition and Markets Authority said the Microsoft Activision deal could hamper innovation in cloud gaming and raise prices

AFP

Microsoft's Activision takeover bid dealt setback in UK

London (AFP) - Microsoft's planned $69-billion takeover of video game giant Activision Blizzard could significantly harm competition and consumer choice, UK regulators concluded in provisional findings Wednesday.

The National (Scotland)

Glasgow Apple store staff make history as the first in the UK to unionise

WORKERS in a Scottish Apple store have now officially become the first in the UK to unionise after signing a formal agreement with the American tech…

Bloomberg

Why Microsoft’s $69 Billion Activision Deal Hinges on London Not Washington

Microsoft Corp.’s $69 billion Activision Blizzard Inc. takeover faces a key decision in Britain as the nation’s merger watchdog marks its arrival as a global regulator with findings that could set the trajectory to the mega deal finalizing — or falling apart.

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