WASHINGTON, July 13 (Reuters) – The U.S. Federal Trade Commission (FTC) asked a federal court on Thursday for a stay that would prevent Microsoft (MSFT.O) from closing its $69 billion purchase of “Call of Duty” maker Activision Blizzard (ATVI.O). A federal judge had ruled for Microsoft on Tuesday, saying the agency had failed to show… Continue reading Untitled
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Legalcategory
– Allen & Overy’s global managing partner Gareth Price resigned from the London-founded law firm which is in talks to merge with Shearman & Sterling. – More lawyers, including name partner Joseph Lordan, left two-month-old California law firm Daugherty Lordan, which has been grappling with the disclosure of brazenly bigoted emails written by its since-departed… Continue reading Legalcategory
Technologycategory
EV brand Smart plans funding led by Tianqi Lithium EV brand Smart said on Thursday it planned to raise $250-300 million via series-A funding which it hoped would enhance its long-term sustainable development strategy and accelerate its global development. Go to Source
A US auto union president who accepts ‘no limits’
[1/2]United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023. REUTERS/Rebecca Cook/File Photo Show more companies DETROIT, July 13 (Reuters) – United Auto Workers President Shawn Fain is not a shouter. When he addresses union… Continue reading A US auto union president who accepts ‘no limits’
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July 13 (Reuters) – Shares in Google parent Alphabet Inc (GOOGL.O) were up 4.9% on Thursday after it said it was rolling out its artificial-intelligence chatbot Bard in Europe and Brazil, easing worries about overseas regulatory issues. The stock last traded at $124.73 and was on track for its biggest one-day percentage gain since early… Continue reading Untitled
Technologycategory
EV brand Smart plans funding led by Tianqi Lithium EV brand Smart said on Thursday it planned to raise $250-300 million via series-A funding which it hoped would enhance its long-term sustainable development strategy and accelerate its global development. Go to Source
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July 13 (Reuters) – U.S. online sales during Amazon.com’s (AMZN.O) Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for more bargains and discounts on the e-commerce platform, Adobe Analytics data on Thursday showed. Shoppers spent $6.3 billion on the second day of the shopping extravaganza. Deep discounts… Continue reading Untitled
Technologycategory
EV brand Smart plans funding led by Tianqi Lithium EV brand Smart said on Thursday it planned to raise $250-300 million via series-A funding which it hoped would enhance its long-term sustainable development strategy and accelerate its global development. Go to Source
VinFast’s SPAC partner for US listing extends its lifespan by one year
HANOI, July 13 (Reuters) – Shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) that planned to merge with Vietnam’s electric automaker VinFast by this month to allow a U.S. listing, voted on Thursday to extend its lifespan by a year. The vote gives the Hong Kong-based SPAC until July 20, 2024… Continue reading VinFast’s SPAC partner for US listing extends its lifespan by one year
Stellantis to build new Jeep Compass as fifth model in Melfi
MILAN, July 13 (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to the matter told Reuters on Thursday. The new model will be a development from the Compass SUV the Franco-Italian group currently… Continue reading Stellantis to build new Jeep Compass as fifth model in Melfi