March 29, 2023
Japan’s Watchdog Clears Microsoft’s $68.7 Billion Activision Deal
Microsoft’s proposed $69bn takeover of Activision Blizzard has been approved by Japan’s JFTC. In a press release on its website, the JFTC “reviewed the transaction and reached the conclusion that the...
March 29, 2023
The Not-So-Silk Road: The Proliferating Regulatory Obstacles to Chinese Investment...
All companies engaged in M&A activity in the United States must plan for enhanced scrutiny from an increasingly aggressive DOJ and FTC, but non-U.S. companies, particularly Chinese companies, must also...
March 28, 2023
Zelle Operator Readies Summer Rollout of Paze Digital Wallet
Early Warning Services, operator of the Zelle money transfer system, is piloting a digital wallet called Paze to compete with digital wallets from Big Tech. Paze already has a waiting...
March 24, 2023
Toshiba Board Accepts Japan Industrial Partners’ $15.2B Buyout
Toshiba’s board announced on Thursday that they had accepted a buyout offer of $15.2 billion from a group of investors led by private equity firm Japan Industrial Partners. The buyout...
March 23, 2023
Chipotle Woos Gen Z With Investments in ESG-Focused Startups
Chipotle’s venture fund is backing startups focused on local food and sustainability, courting young consumers. Cultivate Next, the arm of the fast-casual giant that invests in emerging companies, announced Wednesday...
March 23, 2023
Kream’s Series C Funding Round Boosts Valuation to $742 Million...
Luxury resale platform Kream has secured $168 million in a Series C funding round, valuing the company at approximately $742 million, doubling its previous value of $306 million as of October 2021. ...
March 23, 2023
Transatlantic Perspectives On Interlocking Directorates
This article highlights the potential anticompetitive risks raised by interlocking directorates between competitors, as facilitating collusion, and possibly reducing the intensity of competition, especially if combined with financial links. In...
March 22, 2023
Global Mobile Wallet Use Ticked Up 4% in Q3 With...
In measuring the digital transformation of some 30,000 consumers in 11 countries, collectively representing half of the global gross domestic product (GDP), PYMNTS finds that digital wallet use is rising...
March 20, 2023
Microsoft Preps Games Store To Compete With Apple & Google
Microsoft will launch a games store for iPhone and Android devices in a bid to take on Apple and Google. That’s according to Phil Spencer, chief executive of Microsoft Gaming, who...
