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Microsoft's Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new proposal. Source link
Lina Khan Is Taking on the World's Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft marks another setback in her fight to block mergers. Source link
KPMG Plans $2 Billion Investment in AI, Cloud Services
An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.
Activision Win Is Big for Microsoft—Smaller for Big Tech
An FTC campaign to rein in tech giants suffers another setback, but will likely persist. Source link
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
Major Stock Indexes Rise Despite Tech Declines
Investors are awaiting Wednesday’s inflation report. The yield on the 10-year Treasury note slipped to 4.006%. Source link
In Battle With Microsoft, Google Bets on Medical AI Program to Crack Healthcare Industry
The search giant is fine-tuning chatbot technology via medical licensing exams. Source link
Big-Tech Mutual Funds Soared 30% and More in the Past Year
Journal Reports: Investing Monthly Complex Fund Names May Be a Warning Sign for Investors By Derek Horstmeyer July 6, 2023 at 3:00 PM ET The
Amazon Joins Microsoft, Google in AI Race Spurred by ChatGPT
Amazon Web Services is the latest tech company to lay out its generative AI strategy. Source link