Enlarge (credit: Arm) SoftBank’s $66 billion sale of UK-based chip business Arm to Nvidia collapsed on Monday after regulators in the US, UK, and EU raised serious concerns about its effects on competition in the global semiconductor industry, according to three people with direct knowledge of the transaction. The deal, the largest ever in the […]
Tag: antitrust
Why the FTC’s antitrust investigation could spell trouble for Microsoft’s Activision Blizzard acquisition
The FTC has Microsoft’s largest acquisition ever under the microscope and can either make or break the company’s future in gaming. Read More
Dozens of states side with Epic in Apple App Store appeal
Enlarge (credit: Andrew Harrer | Bloomberg | Getty Images ) States are siding with Epic Games as the developer appeals a lower court ruling in its antitrust lawsuit against Apple over app store fees and payment processing. The attorneys general for 34 states and the District of Columbia have filed an amicus brief on behalf […]
European court overturns 12-year-old €1.06 billion fine against Intel
Enlarge (credit: ony Avelar/Bloomberg) Sometimes the wheels of justice turn very slowly. A €1.06 billion ($1.2 billion) fine levied against Intel back in 2009 by the European Commission has been wiped out. In a press release announcing the ruling (PDF) handed down on Wednesday morning, the General Court of the European Union said the financial assumption […]
Nvidia-Arm deal is probably dead, report says
Enlarge (credit: Pavlo Gonchar/SOPA Images/LightRocket) Nvidia may be walking away from its acquisition of Arm Ltd., the British chip designer, according to a report from Bloomberg. The blockbuster deal faced global scrutiny, and Nvidia apparently feels that it hasn’t made sufficient progress in convincing regulators that the acquisition won’t harm competition or national security. “Nvidia […]
Netflix once again faces a pivot point
Slowing subscriber growth raises questions about the streamer’s ability to gain traction abroad and develop new sources of revenue. Read More
Antitrust bill that bars Big Tech self-preferencing advances in Senate
Enlarge / The dome of the United States Capitol Building in Washington, DC. (credit: Getty Images | Phil Roeder) The Senate Judiciary Committee voted 16-6 today to advance an antitrust bill that would prevent Big Tech firms from giving their own services preferential treatment. The bill attempts to limit the ability of dominant firms to […]
The U. S. is finally catching up on wireless Internet
The early rollout of higher-speed 5G service should mark the end of America’s failure to keep up with developed nations. Read More
Congress’ big antitrust bill is filled with gray areas
Top tech companies understandably have questions about how a major piece of legislation would work. Read More
More of Meta’s dirty laundry may soon get aired
A judge’s ruling Tuesday in a federal antitrust case sets the stage for potentially damaging disclosures of internal company records. Read More