Mr. Smith is heading to Washington – and the hope is to secure federal clearance for Microsoft’s $69 billion acquisition of Activision. Microsoft Chairman Brad Smith plans to meet with the three Democratic members of the Federal Trade Commission on Wednesday in a last-ditch attempt to stop the tech giant’s blockbuster video game deal from …
New York CNN Business — Senator Amy Klobuchar slammed Ticketmaster in an open letter to its CEO, saying she had “serious concerns” about the company’s operations following a Tuesday service outage that left Taylor Swift fans furious. In the letter to CEO Michael Rapino, the Minnesota Democrat and chairman of the Senate Judiciary Subcommittee on …
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a US congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange over legal loopholes to gain a regulatory monopoly. SEC Chairman Gensler on the loss of FTX …
