Category: Corporations

The Upshot of Microsoft’s Activision Deal: Big Tech Can Get Even Bigger

With the completion of the blockbuster acquisition, the notion that tech giants can grow through “vertical transactions” remains intact.
Women Could Fill Truck Driver Jobs. Companies Won’t Let Them.

Three women filed a discrimination complaint against a trucking company over its same-sex training policy, which they say prevented them from being hired.
China Evergrande Suspends Trading as New Trouble Roils Property Market

The real estate firm halted critical work to settle its debts and investors dumped their stock amid news executives were under suspicion by the authorities.
U.S. Accuses Amazon of Illegally Protecting Monopoly in Online Retail

The Federal Trade Commission and 17 states filed a lawsuit against Amazon for “illegal conduct” in its online store and services to merchants, which stifled competition.
‘Unprecedented’ Secrecy in Google Trial as Tech Giants Push to Limit Disclosures

Efforts to seal testimony have increasingly raised questions as the federal antitrust case enters its third week in court.
As DEI Gains Ground, Identifying as Religious at Work Does, Too

Secular companies have invited employees to bring their “whole selves” to work. That increasingly includes their religion.
Burner Laptops and Smaller Profits: Firms Portray Their China Challenges

Business groups chronicle the difficult environment inside China for U.S. and European companies navigating confusing regulations and an intensified security focus.
California Sues Oil Giants, Claiming Decades of Deception

Launching one of the most prominent climate lawsuits in the nation, the state claims Exxon, Shell, BP and others misled the public and seeks creation of a special fund to pay for recovery.
U.S. Blasts Google Over Paying $10 Billion a Year to Cut Out Search Rivals

In opening statements for the government’s first monopoly trial of the modern internet era, Google defended itself and said people had many choices for online search.
Who’s Who in the Google Monopoly Trial

The federal government’s first monopoly trial this century will feature top tech executives, experienced litigators and an Obama-appointed judge.
CPAP Maker Agrees to $479 Million Settlement Over Defects

The manufacturer, Philips Respironics, said it would compensate users of CPAP machines and other flawed devices that were recalled after they blew bits of foam into consumers’ mouths and lungs.
In Its First Monopoly Trial of Modern Internet Era, U.S. Sets Sights on Google

The 10-week trial, set to begin Tuesday, amps up efforts to rein in Big Tech by targeting the core search business that turned Google into a $1.7 trillion behemoth.