Business

EU probes Broadcom's $61B VMware buy on competition concerns

Computer chip and software maker Broadcom's $61 billion deal to buy cloud technology company VMware is facing scrutiny from European Union regulators who voiced concern Tuesday over potential threats to competition.

Business

FTC sues to block Microsoft-Activision Blizzard $69B merger

The Federal Trade Commission on Thursday sued to block Microsoft's planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to Microsoft's Xbox game console and its growing ...

Consumer & Gadgets

Microsoft is ready to fight for its $69 billion Activision deal

Microsoft Corp. is ready to fight for its $69 billion acquisition of gaming company Activision Blizzard Inc. if the US Federal Trade Commission files a lawsuit seeking to block the deal, according to a person familiar with ...

Business

Airbus pays 15.9 mn euros to close French corruption probe

A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.

Business

Mercedes F1 team dump crypto partner

The Mercedes team on Friday confirmed they had suspended a sponsorship deal with crisis-hit crypto currency exchange FTX and had removed the company's logos from their cars ahead of this weekend's Sao Paulo Grand Prix.

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Deal

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