-
Microsoft-Activision merger: US court hearing begins over biggest ever tech deal | Business News
admin
Microsoft’s record takeover bid for video games giant Activision Blizzard has gone before a US federal court. The Windows and Xbox maker wants to buy the company best known for the Call Of Duty, Warcraft, and Diablo franchises for $69bn (£54.2bn). It would be the largest tech acquisition ever. But the UK competitions watchdog blocked…
-
Microsoft’s £55bn Activision takeover blocked by US court pending hearing | Business News
admin
A US regulator has succeeded in a bid to temporarily block Microsoft’s £55bn takeover of video game maker Activision Blizzard, preventing the deal being completed this week. The Federal Trade Commission (FTC), which opposes the tie up on competition grounds, went to court last night for a preliminary injunction. A two-day hearing, in which all…
-
Elon Musk appears in court to defend Tesla buyout tweets | Science & Tech News
admin
Elon Musk has appeared in court to refute allegations that Tesla shareholders were defrauded out of billions of dollars by his tweets. The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to soar and then fall. Less…
-
Elon Musk’s ‘lies’ about Tesla on Twitter cost investors millions, court told | World News
admin
Elon Musk “lied” when he claimed he had “secured” funding to take Tesla private, a lawyer for investors has told a court. The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to fall and then to soar.…
-
authorities, Court, Elon, federal, filing, investigated, Musk, News, reveals, Science, Tech, Twitter
Elon Musk being investigated by federal authorities, Twitter reveals in court filing | Science & Tech News
admin
Elon Musk is being investigated by federal authorities over his conduct in his $44bn (£39bn) takeover deal of Twitter, the social media company has said in a court filing. The world’s richest man recently announced he would go ahead with purchasing the platform for the huge sum, following months of legal battles. Twitter, which sued…
-
Arabia, British, challenge, Court, high, immune, legal, News, resident, rules, Saudi, Science, spyware, Tech
UK High Court rules Saudi Arabia not immune from legal challenge over spyware against British resident | Science & Tech News
admin
A human rights activist has been granted the ability to sue the Kingdom of Saudi Arabia after alleging Saudi agents assaulted him and infected his iPhones with spyware. The High Court ruled on Friday that the Kingdom of Saudi Arabia (KSA) does not have immunity from facing the legal challenge under the State Immunity Act…