Consumer & Gadgets

Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company's $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.

Business

US seeks more time to refile Facebook antitrust case

US antitrust enforcers have asked a federal court for extra time in refiling a monopoly abuse case against Facebook which could roll back its acquisition of Instagram and WhatsApp, but was thrown out last month.

Business

Biden names Big Tech critic to head antitrust unit

President Joe Biden on Tuesday named a prominent Big Tech critic to head the Justice Department's antitrust division in another sign of aggressive moves to counter the dominance of major Silicon Valley firms.

Business

Big Tech critic gets nod for key US regulatory post

US President Joe Biden on Monday named a prominent advocate of breaking up Big Tech firms to a key regulatory post, in a move suggesting an aggressive posture on antitrust enforcement.

Business

Facebook antitrust suits seek to divest Instagram, WhatsApp

US federal and state antitrust enforcers filed suit against Facebook on Wednesday claiming the social media giant abused its dominant position and seeking to unwind its acquisitions of messaging services Instagram and WhatsApp.

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