Ransomware gang claims to hack Epic Games, threatens to leak data A ransomware gang known as Mogilevich has claimed to have hacked Epic Games, revealing that they have nearly 200 gigabytes of internal data. The group posted a message on the darknet leak site detailing the alleged breach of Fortnite and the Epic Games Store….
The Price of Bitcoin Falls After False SEC Announcement The price of bitcoin fell during late afternoon trading Tuesday following a false social media post from the official Twitter account of the U.S. Securities and Exchange Commission (SEC) that stated the agency had approved bitcoin exchange-traded funds (ETFs) for trading. The SEC later deleted the…
New FAFSA Form Faces Delays and Technical Issues A simplified Free Application for Federal Student Aid (FAFSA) is now available online, although it has encountered significant delays. However, during its “soft launch,” the new FAFSA form has only been sporadically accessible. According to higher education expert Mark Kantrowitz, it is unlikely that any of the…
European Union Launches Antitrust Investigation into Microsoft’s Bundling of Teams The European Union has finally announced a formal antitrust investigation of Microsoft’s bundling of Teams with Office 365 and Microsoft 365. The move comes two years after rival workplace comms company Slack complained to the bloc that Microsoft was unfairly bundling the collaboration and comms…
The US Federal Trade Commission Ponders Settlement in Battle with Microsoft over Activision Blizzard Deal The US Federal Trade Commission (FTC) is reportedly considering pausing its legal dispute with Microsoft regarding the company’s impending acquisition of Activision Blizzard. Sources familiar with the case suggest that this development opens up the possibility of a potential settlement…
Microsoft and Activision Blizzard Extend Merger Agreement Microsoft and Activision Blizzard have agreed to extend their merger agreement until October 18, 2023. The move to extend the agreement came after their initial self-imposed deadline to complete the $69 billion deal expired on Tuesday. The European Commission approved the transaction in May, and last week the…
Microsoft and Activision Blizzard Negotiating Merger Extension Microsoft and Activision Blizzard are reportedly negotiating an extension to their existing merger agreement, which expires on Tuesday. After the July 18 deadline, both companies have the right to walk away from the $69 billion deal, although Microsoft will have to pay Activision a $3 billion termination fee…
The Last of Us Season 2 Update from Showrunner Craig Mazin The Last of Us showrunner Craig Mazin has provided an update on the second series of the show. Speaking to Deadline, Mazin claimed that the first episode of the second season was written and submitted prior to the start of the WGA strike that…
The UK’s Competition and Markets Authority (CMA) Extends Deadline for Microsoft’s Acquisition of Activision Blizzard The UK’s Competition and Markets Authority (CMA) has extended the deadline for its final decision on Microsoft’s proposed acquisition of Activision Blizzard. The regulator had been scheduled to deliver its ruling on the $69 billion merger by July 18, but…
LONDON Competition Regulator Extends Deadline for Review of Microsoft’s Takeover of Activision Blizzard Introduction The U.K. competition regulator has announced an extension of the deadline for its review of Microsoft’s takeover of video game publisher Activision Blizzard. This decision was made to allow more time for the watchdog to review proposals by both parties and…
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