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“#Justice Dept., 34 states and Microsoft accuse Apple of stifling competition” The Justice Department, Microsoft and a bipartisan group of attorneys general from 34 states and the District of Columbia all accused Apple of stifling competition through its app store on Thursday and threw their weight behind a legal challenge to the company. The three…
“#Google, Amazon, Meta up lobbying as Big Tech scrutiny rises” Google, Amazon, and Meta spent tens of millions of dollars lobbying Congress last year as the tech behemoths came under increasing scrutiny from antitrust regulators and lawmakers on both sides of the aisle. Google’s parent company Alphabet Inc. boosted spending on lobbyists by 27.5% last…
“# Crypto Biz: Microsoft enters the metaverse, Jan. 14–20 ” This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase and Mastercard and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below. Microsoft enters the…
“#Activision-Blizzard CEO to get $390 million payout” Activision-Blizzard CEO Bobby Kotick will walk away with a $390 million check as a result of Microsoft’s acquisition of his gaming company — just two months after employees demanded his firing over the firm’s alleged culture of sexual misconduct. Kotick, 58, who is expected to leave Activision-Blizzard after…
“# Microsoft’s massive Metaverse move: Buying Activision for $69B ” Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans. Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush,…
“#Microsoft’s $69B Activision-Blizzard deal sets stage for antitrust ‘soap opera’” Microsoft has managed to fly under the regulatory radar as big tech competitors like Google, Amazon and Meta take heat in Washington, D.C. and Brussels — but the company’s plan to acquire scandal-ridden game developer Activision-Blizzard for $68.7 billion could change everything. If the deal…
“#Microsoft orders probe of Bill Gates harassment allegations” Microsoft has tapped an outside law firm to probe its handling of workplace sexual harassment, including allegations against its founder Bill Gates, the company revealed on Thursday. The tech giant said law firm Arent Fox will compile a report detailing the effectiveness of its internal policies on…
“# Meta poaches staff from Microsoft and Apple for Metaverse plans ” Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft quoted by the Wall Street Journal, around 100 people have ditched the tech giant’s augmented…
“#Why Google is warning Android users to update Microsoft Teams ASAP” Google has sent Android users an essential warning about the Microsoft Teams app. A bug was discovered in the Android version of the Microsoft Teams app last month which could block calls made to emergency numbers. Initially, it was thought only calls made to the US…
“# Microsoft leads startup Palm NFT Studio’s $27M series B round ” Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other…