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 […]
Enlarge (credit: Getty Images) The US has raised potential objections to Nvidia’s controversial acquisition of the UK chip design company Arm from SoftBank, adding a fresh hurdle to a deal that has already stirred up serious opposition on the other side of the Atlantic. News that American regulators shared European concerns came a day after […]
Enlarge (credit: VGG | Getty Images) The British government has launched an in-depth investigation into Nvidia’s takeover of the UK-based technology company Arm on national security grounds, throwing another hurdle in the path of the $54 billion deal. Digital and culture secretary Nadine Dorries has ordered a phase 2 investigation into the transaction on public […]
Enlarge (credit: Getty Images | Bloomberg) President Joe Biden announced his anticipated executive order today, and it’s a sweeping document that seeks to counter rising corporate consolidation and foster greater competition in everything from labor markets to mergers, banking, healthcare, device repairs, transportation, broadband, and more. “For decades, corporate consolidation has been accelerating, ” the […]
Google has a habit of inviting regulatory scrutiny on both privacy and antitrust fronts, so why not both at once? On Friday, the U.K.’s competition watchdog opened a formal investigation into Google over supposedly pro-privacy changes the company is making to its market-leading Chrome browser. The government group said it will review whether the proposed […]
Expand / Facebook, Instagram, and WhatsApp will be the three biggest sections of Facebook’s exceptionally huge empire… for today. (charge: Rafael Henrique | SOPA Pictures | LightRocket | Getty Images) Even the Federal Trade Commission along with a coalition of 47 nations attorneys general now filed a set of antitrust lawsuits against Facebook, alleging that […]
Expand / / All Facebook, whichever way you appear. (charge: Michael Short | Bloomberg | Getty Images) After a year spent exploring Facebook, state and national regulators are {} to begin {} a record of instances contrary to Facebook, fresh reports state –which is, whenever the agencies may agree on the way they really wish […]
Enlarge / A sign outside an Amazon warehouse in Germany. (credit: Thorsten Wagner | Bloomberg | Getty Images) Europe’s top competition regulator filed charges today against Amazon, alleging that the company has abused its size, position, and access to data to gain an unfair advantage over the competition. The European Commission’s statement of objections against […]
After decades of developing political pressure to get antitrust evaluation of big technology businesses, this past month Congress and the US administration sent. The House Antitrust Subcommittee published a report on Apple, Amazon, Google, along with Facebook of monopolistic behaviour. The Department of Justice registered a complaint from Google alleging the business prevents users by […]
Expand / Shozoku and ninjato have been invited, but not only required, to be able to compete. (charge: RunCode) Annual programming contest Runcode.ninja is {} in its fourth season, starting Friday, November 6. RunCode is a nonprofit organization staffed by volunteers working in their own spare time and concentrated on providing educational opportunities for coders […]