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Merger between Amazon and Roomba maker iRobot abandoned over competition concerns | Business News
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Plans by Amazon and vacuum cleaner maker iRobot to merge have been abandoned following concerns that the move would harm competition. The $1.4bn (£1.1bn) deal, which was first announced in August 2022, had previously been approved by UK regulators. But in November the European Commission expressed concerns the online retailer might give iRobot’s products preferential…
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Fortnite maker wins legal case against Google over app store barriers | Science & Tech News
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The firm behind popular shooting game Fortnite has won an antitrust trial against Google after accusing the tech giant of anticompetitive practices. Epic Games claimed Google has been abusing its power to shield its play store – from which users download apps – from competition to protect a system that makes billions of dollars each…
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ChatGPT maker OpenAI agrees deal for ousted Sam Altman to return as chief executive | Science & Tech News
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ChatGPT maker OpenAI says it has agreed a deal for Sam Altman to return as chief executive after he was ousted by its board. The agreement “in principle” involves a new board being installed, the company said. In a post on X, OpenAI said: “We have reached an agreement in principle for Sam Altman to…
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How the chaos at ChatGPT maker OpenAI has unfolded – why it matters and what might happen next | Science & Tech News
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In a shock sequence of corporate drama befitting of Succession, Sam Altman – the public face of ChatGPT maker OpenAI – was suddenly forced out. Not being “consistently candid in his communications” was the charge laid at his feet by the board. But within days, the 38-year-old was tipped for a return, those who toppled…
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Call of Duty maker Activision Blizzard to be bought by Microsoft as UK regulator gives green light | Science & Tech News
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Microsoft’s bid for Call of Duty maker Activision Blizzard has been given UK approval, removing a last hurdle to the biggest-ever gaming deal. The UK’s regulator, the Competition and Markets Authority (CMA), said it gave the go-ahead to after the restructured deal substantially addressed its earlier concerns. Microsoft, who make the Xbox, announced the biggest…
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Microsoft’s £55bn takeover of Call of Duty maker now set for UK approval | Business News
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Microsoft’s revised effort to get the £55bn takeover of Activision Blizzard past UK regulators appears to be on track for clearance. The Competition and Markets Authority (CMA) had been a sole thorn in the side of the acquisition, rejecting the original terms on the grounds it had a duty to protect innovation and choice in…
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Microsoft’s determined to buy the maker of Call Of Duty – but will the UK allow it? | Science & Tech News
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A final decision is in sight for Microsoft’s protracted bid to acquire the maker of Call Of Duty now that the UK’s competition regulator has closed its public consultation on the matter. The Competition and Markets Authority will consider comments from the public – which were submitted over the past week – and Microsoft’s amended…
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Microsoft blocked in bid to buy video game maker Activision Blizzard – but vows to respond | Business News
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The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that it would stifle competition in the cloud gaming market. It would have been the record highest price ever paid by a US tech company in…
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Microsoft $69bn takeover of Call of Duty maker Activision Blizzard challenged by US watchdog | Business News
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A US competition watchdog has moved to block Microsoft’s $69bn (£56bn) bid to buy Call of Duty maker Activision Blizzard. The action by the Federal Trade Commission (FTC) threatens the tech giant’s plans to rapidly expand its portfolio of games and catch up with rivals. Microsoft, which owns the Xbox console and game network platform,…
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UK watchdog wants your views on Microsoft’s deal for Call Of Duty maker | Science & Tech News
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The public has been asked for its take on Microsoft’s record-breaking proposed takeover of the gaming giant Activision Blizzard. The $69bn (£61.8bn) deal was announced back in January, but has come under scrutiny around the world over concerns it would give the Xbox maker an unfair advantage over rivals such as Sony, which makes the…