WASHINGTON, June 22 (Reuters) – The U.S. Federal Trade Commission on Thursday will argue in federal court for a preliminary injunction to temporarily block Microsoft’s acquisition of videogame maker Activision Blizzard, stopping the deal from closing before the government’s case against the deal is heard. Microsoft has said that a temporary block could scuttle the… Continue reading Untitled
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Analysis: For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
[1/2]Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, U.S., May 23, 2023. REUTERS/Carlos Barria/File Photo DETROIT, June 22 (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries, lithium iron phosphate is gaining traction as the EV battery… Continue reading Analysis: For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
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WASHINGTON, June 21 (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Amazon.com (AMZN.O) of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel, the agency’s latest action against the ecommerce giant in recent weeks. The FTC sued Amazon in federal… Continue reading article with video
Legalcategory
– Reed Smith said that it is laying off less than 2% of its workforce, including attorneys and staff. – Jim Trusty, the lawyer who resigned from defending Donald Trump in his classified documents case, asked to withdraw his representation of the former president in a separate defamation lawsuit against CNN. – Baker Botts… Continue reading Legalcategory
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June 21 (Reuters) – Intel Corp (INTC.O) said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a margin, but gave no clear timeline on when it will start scaling up, sending the chipmaker’s shares down about 5%. The company also did not name a new external customer… Continue reading Untitled
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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June 21 (Reuters) – Technology trade groups as well as Alphabet’s (GOOGL.O) Google have griped to the Federal Trade Commission about allegedly unfair business practices in the cloud, including by the industry’s No. 2 by market share Microsoft (MSFT.O). The comments, which were due Wednesday, respond to a March request from the U.S. agency for… Continue reading Untitled
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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June 21 (Reuters) – Twitter Inc is facing a lawsuit claiming it failed to pay workers millions of dollars in promised bonuses, adding to a pile of court cases filed since Elon Musk acquired the social media company. Mark Schobinger, who was Twitter’s senior director of compensation and left the company last month, filed the… Continue reading Untitled
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Summary Companies Law Firms Google Play Music infringed Personal Audio playlist patents, jury says Verdict follows California win for Sonos in Google audio patent fight June 21 (Reuters) – Alphabet’s Google (GOOGL.O) must pay patent holding company Personal Audio LLC $15.1 million for infringing two patents related to audio software, a Delaware federal jury said… Continue reading Untitled