#More social media regulation expected in 2023 by Congress

#More social media regulation expected in 2023 by Congress

“More social media regulation expected in 2023 by Congress” Social media giants can look forward to more government regulation in the new year. TikTok and other tech companies were in the crosshairs of Congress last year, and according to Rep. Mike Gallagher (R-Wisc.) and Sen. Amy Klobuchar, D-Minn., that’s expected to continue in 2023. Gallagher…

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#Microsoft bringing ‘Call of Duty’ to Nintendo in 10-year deal

#Microsoft bringing ‘Call of Duty’ to Nintendo in 10-year deal

“Microsoft bringing ‘Call of Duty’ to Nintendo in 10-year deal” Microsoft has entered into a 10-year commitment to bring the gaming title “Call of Duty” to Nintendo platforms, the chief executive officer of Microsoft Gaming, Phil Spencer, said in a post on Twitter on Wednesday. The agreement will bring the popular first-person shooter series from Activision Blizzard to Nintendo game…

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#Penguin Random House scraps .2B deal with Simon & Schuster

#Penguin Random House scraps $2.2B deal with Simon & Schuster

“Penguin Random House scraps $2.2B deal with Simon & Schuster” Penguin Random House, the world’s largest publisher, and rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann said in a statement. Bertelsmann, a German media group, initially said it would appeal a US judge’s decision which said its bid to…

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#Activision insiders fret B Microsoft merger could crumble

#Activision insiders fret $69B Microsoft merger could crumble

“Activision insiders fret $69B Microsoft merger could crumble” Microsoft’s $69 billion Activision buyout is facing heightened scrutiny from regulators — and some insiders at the game studio behind “Call of Duty” are worried that the Xbox maker could effectively blow up the deal, The Post has learned.  Antitrust authorities in the US, United Kingdom and European Union…

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#Justice Department antitrust chief wants to ‘unplug’ tech monopolists

#Justice Department antitrust chief wants to ‘unplug’ tech monopolists

“Justice Department antitrust chief wants to ‘unplug’ tech monopolists” The Justice Department’s top antitrust cop said he wants to “unplug” monopolistic Big Tech firms and drove home his support for a stalled congressional bill intended to rein in Google, Amazon, Meta and Apple during a fiery speech on Friday.  Jonathan Kanter, the Biden-appointed assistant attorney…

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#Biden administration ‘in early stages’ of suing Apple for alleged antitrust violations: report

#Biden administration ‘in early stages’ of suing Apple for alleged antitrust violations: report

“Biden administration ‘in early stages’ of suing Apple for alleged antitrust violations: report” The Justice Department is reportedly in the “early stages” of drafting an antitrust lawsuit against Apple. The news site Politico cited “a person with direct knowledge of the matter” as saying that antitrust investigators are nearing a key “decision point” at which…

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