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Month: December 2022

FTC sues to block Microsoft’s $69 billion acquisition of Activision Blizzard

By Brian Fung, CNN The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history. The administrative complaint filed Thursday by the FTC alleges that the blockbuster deal, which would make Microsoft the third-largest video game publisher in the world, would

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Peru’s new president rules out elections, as predecessor Castillo remains detained

By Claudia Rebaza, Karol Suarez, Tara John and Stefano Pozzebon, CNN Peru’s new President Dina Boluarte ruled out early elections on Thursday, her first day in office following the dramatic ousting and arrest of her predecessor Pedro Castillo. Boluarte became Peru’s first female President on Wednesday after lawmakers defied Castillo, who in a fight for

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Pentagon awards multibillion-dollar cloud contract to Amazon, Google, Microsoft and Oracle

By Brian Fung, CNN The Defense Department has named Amazon, Google, Microsoft and Oracle as the winners of a multibillion-dollar cloud computing contract whose predecessor the Pentagon had to cancel amid Amazon’s allegations that then-President Donald Trump had interfered in the award process. The contracts announced Wednesday evening for the Joint Warfighting Cloud Capability (JWCC)

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