Microsoft-Activision ruling highlights Lina Khan’s struggles to fight tech
The FTC’s challenge of the $68.7 billion deal between Microsoft and Activision has been one of its biggest swings under Chair Khan, but it faces a major hurdle.
Tesla settles class-action Solar Roof lawsuit for $6 million
Tesla has agreed to pay around $6 million to settle Solar Roof class-action lawsuit.
Federal watchdog cracks down on Bank of America but ‘junk fees’ aren’t going anywhere, expert says — it’s a ‘game of whack-a-mole’
Another bank is in hot water for so-called ‘junk fees,’ yet consumers are unlikely to get much relief, expert says.
Marines without Senate-confirmed leader for first time since 1859 after GOP senator blocks nominee
Alabama Republican Tommy Tuberville blocked a Senate vote on a nominee to succeed Gen. David H. Berger, the Marine Corps’ top officer, who retired Monday.
Microsoft-Activision deal moves closer as judge denies FTC injunction request
The U.S. government can now bring the judge’s decision to the U.S. Court of Appeals for the 9th Circuit.
Amazon launches first U.S. challenge to EU content rules and says it would be ‘unfairly singled out’
Amazon said it shouldn’t be subject to the Digital Services Act as the majority of its business is concentrated in online retail.
In a first, Texas is no longer a Top State for Business in 2023
An economic powerhouse and talent magnet, Texas, a four-time winner of CNBC’s annual Top State for Business, slips to a new low. Here’s why.
JPMorgan’s top equity guru says buy more government bonds, avoid stocks as a recession looms at the turn of the year
Marko Kolanovic continues to see a year-end recession in his base case and says investors should prepare for risk ahead.
Astranis to bring satellite internet to 2 million people in the Philippines next year
Astranis has a unique approach to providing internet access, using small, low-cost satellites that operate in the geosynchronous orbit of traditional players.
Anthropic — the $4.1 billion OpenAI rival — debuts new A.I. chatbot and opens it to public
Anthropic, founded two years ago by former OpenAI research executives, debuted its new AI chatbot called Claude 2, and invited the public to use it
