Earlier this week, a hacking group claimed to have breached AMD, stealing employee and customer information, as well as other sensitive documents, source code and more. The veracity of these claims has yet to be verified, but AMD has confirmed it is investigating.
Read More »The FTC is launching an investigation into Sony’s $3.6 billion Bungie acquisition
Any major acquisition over a certain value faces regulatory scrutiny, although recent changes at the FTC have empowered the commission over fears that big tech corporations are getting too powerful. Just as Microsoft is facing an in-depth investigation over its proposed acquisition of Activision Blizzard, Sony is also facing an …
Read More »Microsoft’s Activision Blizzard acquisition is being investigated for insider trading
Microsoft's acquisition of Activision Blizzard was already complicated. Not only is it the largest merger in gaming history, but the latter company is also dealing with a number of lawsuits. Now, another legal battle has been added to the pile, with the US Justice Department investigating potential insider trading connected …
Read More »EU Commission opens investigation into Nvidia’s $40 billion Arm acquisition
In recent months, a number of regulators have begun taking an interest in Nvidia's proposed $40 billion acquisition of Arm. The deal was announced in 2020 but has yet to be completed as the deal continues to go through regulatory checks. Recently, the UK's competition authority suggested the acquisition could …
Read More »Facebook is cooperating with criminal investigators over the data it shared with partners
It’s been known for quite some time that Facebook’s partnerships with companies such as Apple, Microsoft and Spotify granted “deep access” to data, allegedly without the user’s consent. Facebook maintains that this is not the case, and is now hoping that US authorities will come to the same conclusion in …
Read More »Activision investors call for third-party investigation into Bungie split
Although Activision’s split with Bungie was largely welcomed by the Destiny community, company investors are suspicious that there has been fraudulent activity from behind the scenes. Third-party lawyers from Pomerantz LLP are currently investigating the sudden announcement, which has been linked to sizeable dips in the company’s stock. Activision Blizzard …
Read More »Broadcom’s attempt to take over Qualcomm has been delayed by US investigation
For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion. On both occasions, Qualcomm declined, which led to Broadcom announcing a hostile takeover strategy, which hinges on swaying shareholders at Qualcomm's next shareholder meeting. …
Read More »Apple’s Shazam acquisition hits a roadblock as EU investigation gets underway
It looks like Apple's plan to acquire Shazam for as much as $400 million has hit a roadblock. This week, the European Commission announced plans to investigate the acquisition deal over fears that it could negatively impact competition. Multiple countries, including Spain, Austria, France and Iceland requested that the EU …
Read More »ASUS, Valve, Capcom and others under investigation in EU for price fixing
ASUS has been named as one of three hardware companies currently under investigation by the European Commission for potential anti-competitive practices. It is looking into whether ASUS, Denon and Marantz and Philips and Pioneer, restricted the pricing options of online retailers, forcing the cost of consumer electronics and other items, to …
Read More »Amazon facing anti-trust investigation in Japan
It's probably no surprise to most of you, but Amazon isn't always seen as the most morally upright of companies. It might have helped its founder Jeff Bezos become the third richest man in the world, but not everyone thinks it did so cleanly. In Japan, the Amazon offices have …
Read More »FBI recommends against charging Hilary Clinton over email server
The FBI has announced that at the conclusion of its investigation into U.S. presidential candidate, Hilary Clinton, over her use of an unsecured private email server while Secretary of State, that they it would not recommend indictment. Although the justice department may pursue a conviction any way, it seems quite …
Read More »Getty Images accuses Google of promoting photo piracy
Getty Images, a well-known US-based photography agency has accused Google of promoting photo piracy and undermining its business. This will lead to yet another formal antitrust complaint being filed against the company with the European Commission, which already has two antitrust cases out against Google at the moment regarding Android …
Read More »Google officially responds to EU anti-trust allegations
Earlier this year, after months of investigation, the European Commission formally accused Google of anti-trust practises, forcing the company to respond and give evidence that its business tactics aren't secretly squeezing out the competition. As you would expect, Google is arguing that the EU's allegations are “incorrect”. The European Commission's …
Read More »Apple Music under investigation for anti-trust practices
Apple Music is barely off of the ground and already it's under investigation by the attorney generals of two separate US states, for potential anti-trust practices. Both New York and Connecticut are looking into Apple's affairs, to see if it offered incentives or threatened music labels into supporting its new …
Read More »Uber offices raided again by Chinese authorities
Technology focused taxi-booking service, Uber, is once again under investigation by Chinese authorities, with another team of police sent to the company's local headquarters. It's part of a new investigation, though it's not clear as to what crimes the authorities believe the firm has committed. Previously Uber was investigated for operating …
Read More »Google accused of abusing online dominance by EU
The European Commission has been critical of Google and its business practices for some time now but today, it finally launched its official investigation in to the company on anti-trust grounds, accusing Google of abusing its online dominance to unfairly promote its own products and services. In a statement of …
Read More »EU antitrust regulators will investigate ecommerce industry
The European Union's regulatory body for international competitiveness is set to perform a thorough investigation into eCommerce within the EU, amid reports that some companies and nations may be deliberately blocking online trade, in order to further their own aims. It hopes that as part of the study it will …
Read More »Tim Cook ‘deeply offended’ over labor abuse accusations
Apple's CEO, Tim Cook, has gone on record to say that he is “deeply offended” by the BBC's accusations of poor working conditions at Chinese supply factories. The companies Apple uses for manufacturing have been criticized in the past but despite the firm taking a more proactive approach, the BBC's …
Read More »Around 100 human brains have vanished from the University of Texas
Around a hundred human brains, bottled and preserved in formaldehyde, have gone missing from the University of Texas and nobody seems to know exactly why or how. However, it is possible that group of undergraduates or other parties took them for “living rooms or Halloween pranks” over the years, according …
Read More »CA Police caught copying photos from female criminals’ phones
In the wake of the Edward Snowden leaks, where we learned that the NSA and GCHQ were spying on just about everyone, some responded with trust, believing that those in charge were doing so to protect our safety. Others doubted that people in those sorts of positions would abuse their …
Read More »Second Snowden-like leaker potentially identified by FBI
While Edward Snowden's whistle blowing document dumps to the likes of The Guardian have given us invaluable information about how the intelligence agencies of the US and British governments see the public and their rights, the reveals were always a little to big for one man alone. Some of the …
Read More »EA in BF4 legal investigation
EA is in a tricky situation right now, it's already annoyed its customers with the rushed and buggy release of Battlefield 4 but now it seems that law firm Holzer Holzer and Fistel, believes that EA may have lied about the game's progress to keep investors happy. proposal argument essay …
Read More »FCC fines Google less than 30 seconds revenue – scary
We've all read the story: Famous footballer commits a crime against his club's honour and ends up being fined a few thousand pounds. Well it seems that the FCC over in the US of A has gone even further into the land of the ridiculous. KitGuru pulls out the trusty …
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