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Microsoft-Activision deal isn’t done yet: FTC to appeal decision allowing merger

Microsoft-Activision deal isn’t done yet: FTC to appeal decision allowing merger

By Brian Fung, CNN The Federal Trade Commission said Wednesday it would appeal a decision from earlier this week by a district court judge allowing Microsoft to close its $69 billion Activision Blizzard merger. The legal filing comes after the FTC’s failed effort to block the deal over allegations that the merger would harm competition by giving Microsoft (MSFT) exclusive

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Amazon says it’s ‘unfairly singled out’ by new EU digital rules

Amazon says it’s ‘unfairly singled out’ by new EU digital rules

LONDON — Amazon is disputing its status as a big online platform that needs to face stricter scrutiny under European Union digital rules taking effect next month, the first Silicon Valley tech giant to push back on the pioneering new standards. The online retailer filed a legal challenge with a top European Union court, arguing

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Judge won’t block Microsoft’s B takeover of video games giant Activision

Judge won’t block Microsoft’s $69B takeover of video games giant Activision

SAN FRANCISCO – A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators are seeking to ax the deal because they say it will hurt competition. U.S. District Judge Jacqueline Scott Corley said in a ruling that the “FTC has

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‘Twitter traffic tanking’ while new threat Threads tops 100 million users

‘Twitter traffic tanking’ while new threat Threads tops 100 million users

By Brian Fung, CNN WASHINGTON — Twitter has weathered months, if not years, of mismanagement as well as mass layoffs, frequent service disruptions and an exodus of top advertisers, but the launch of a rival app from Meta could prove to be the final straw. Threads surpassed 100 million users this weekend, less than a week after it launched, Meta CEO

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New data privacy framework receives approval from EU

New data privacy framework receives approval from EU

LONDON — The European Union signed off Monday on a new agreement over the privacy of people’s personal information that gets pinged across the Atlantic, aiming to ease European concerns about electronic spying by American intelligence agencies. The EU-U.S. Data Privacy Framework has an adequate level of protection for personal data, the EU’s executive commission

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Honeywell steps up fight against ‘operational tech’ cyber threats, buying Israeli firm

Honeywell steps up fight against ‘operational tech’ cyber threats, buying Israeli firm

CHARLOTTE – Honeywell is buying Israel-based SCADAfence in a move it says bolsters offerings against cybersecurity threats that target operational technology and Internet of Things. “It is essential to protect and maintain the integrity of operational systems like process control equipment in manufacturing facilities. A simple breach in the OT environment has the potential to

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Cary based tech solutions provider BlueAlly makes 3rd acquisition in ’23

Cary based tech solutions provider BlueAlly makes 3rd acquisition in ’23

CARY – BlueAlly Solutions, a technology services provider, continues its growth surge, announcing Monday its third acquisition made so far this year. The latest is Atlanta-based B2B Technologies, which offers a variety of cloud-based services. Financial terms weren’t disclosed. “This acquisition underscores our continuing dedication to reinventing the Value-Added Reseller model. This deal brings together

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Wild west of generative AI needs a sheriff – but we all need to learn how to use it

Wild west of generative AI needs a sheriff – but we all need to learn how to use it

Editor’s note: Tom Snyder, executive director of rapidly growing Raleigh-based RIoT and a thought leader in the emerging Internet of Things, is the newest columnist to join WRAL TechWire’s list of top drawer contributors. “Datafication Nation” are part of WRAL TechWire’s Startup Monday package. +++ RALEIGH – I had the pleasure of attending Collision recently in Toronto. Collision is a

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Durham-based AI startup InnovationForce discloses first round of funding

Durham-based AI startup InnovationForce discloses first round of funding

DURHAM – InnovationForce, Inc. of Durham recently disclosed more than $50,000 in initial funding. The SEC filing reported four investors thus far. The company is aiming to raise an additional $447,500 in this round. In April the company announced the release of an AI-powered SaaS platform in partnership with Dr. Linda Hill’s innovation consulting firm

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