Microsoft’s Revised Activision Deal Lessons Competition Concerns
The U.K. antitrust authority said the new deal submitted by Microsoft addresses competition concerns in cloud gaming, and it opened a consultation on residual concerns it has before making a final decision on the acquisition.
Amazon’s New Challenge: Bargain Retailers Who Are Playing a Different Game
The e-commerce giant is weighing how to respond to the growing threat from two competitors offering bargain goods.
The UAW Could Strike More Plants Today. Location Is Key.
If the union idles high-profit assembly plants or high-volume powertrain plants, it means the labor confrontation is entering a tougher stage.
TikTok Fights More Potential Bans, This Time in Africa
Sexual content led to calls to outlaw the app in Kenya; in Somalia, the fear is violent extremism.
When a Congressman Challenged Disney on China, It Laid Off Beijing Staff
Disney’s China layoffs led to technical malfunctions and delayed efforts to troubleshoot.
An Insurance Regulator Asked for a Favor. It Cost a Senior Executive His Job.
Prudential’s CFO resigned after he tried to help line up a job for a regulator’s relative.
Chevron, Workers Back Brokered Deal to End LNG Strikes
The U.S. energy giant and workers at two of its large natural-gas operations in Australia have backed a recommendation to end strikes affecting plants that account for roughly 7% of global LNG supply.
Australia Fruit Grower Costa Agrees to Paine Schwartz Takeover
Australian fruit and vegetable grower Costa Group agreed to a takeover by U.S. private-equity firm Paine Schwartz Partners on reduced terms.
Todd Boehly’s Eldridge Makes First Energy Transition Bet With Ausenco Deal
The billionaire’s holding company and two other investment firms have agreed to acquire the Australian mining-focused engineering and consulting company in an about $578 million deal.
Cisco to Buy Cybersecurity Company Splunk in $28 Billion Cash Deal
Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk.
Source: Dow Jones Newswires