Europe can avoid recession despite facing a “double crisis,” says European Commissioner for Economic Affairs Europe is currently dealing with the impact of a “double crisis,” but according to Paolo Gentiloni, the European Commissioner for economic affairs, the region can avoid a recession. In an interview with AsumeTech, Gentiloni emphasized that while the geopolitical impact…
Xbox Game Pass Policy Changes Xbox Game Pass Policy Changes You will have to be faster! Xbox Game Pass changes its policy and makes son less interesting “free” offer. As a reminder, the service offers three distinct subscriptions, each with their advantages. Each of them can be tested for a while, for only a symbolic…
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…
Title: Developers Sue Apple for Abusive and Anticompetitive Behavior, Seeking £800 Million in Damages Introduction In a groundbreaking move, UK-based developers are filing a class-action damages claim against Apple, accusing the tech giant of abusing its dominant market position and charging an unfair 30% fee on in-app sales made through its iOS App Store. This…
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…
The US Federal Trade Commission (FTC) to Appeal Court Decision Allowing Microsoft’s Acquisition of Activision Blizzard The US Federal Trade Commission (FTC) has confirmed it will appeal a court’s decision to allow Microsoft to proceed with its $70bn acquisition of Activision Blizzard. Court Denies FTC’s Motion for a Preliminary Injunction On Tuesday, Judge Jacqueline Scott…
The U.S. Federal Trade Commission Considering Appeal in Microsoft/Activision Blizzard Merger Case The U.S. Federal Trade Commission (FTC) is currently contemplating an appeal following Tuesday’s ruling against their attempt to block the merger between Microsoft and Activision Blizzard. Bloomberg reports that although no decision has been made as of yet, an appeal could potentially be…
European Union Regulators Fine Illumina for Acquisition of Grail European Union Regulators Fine Illumina for Acquisition of Grail Illumina Fined Record €432 Million ($476 Million) for Acquisition of Grail European Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closing its acquisition of cancer test developer Grail without first securing…
Threads: Meta’s Planned Twitter Killer Raises Privacy Concerns Meta’s planned Twitter killer, Threads, isn’t yet publicly available but it already looks like a privacy nightmare. Threads, an upcoming app by Meta (formerly known as Facebook), is facing scrutiny over its potential privacy implications. Mandatory iOS disclosures reveal that the app may collect highly sensitive information…
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