Amazon Posts 11% Rise in Revenue as Growth Improves
The retailer also swung to a profit in the second quarter.
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Apple Revenue Drops 1% but Tops Wall Street Expectations
The iPhone maker’s recent quarter benefited from strong sales in its App Store and other services businesses.
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Carvana, Used Car Dealer, Reaches Deal to Restructure Debt
Most of the company’s bondholders have agreed to accept bonds that are worth less than what they were owed but that are secured against real estate and other assets.
Posted inAntitrust Laws and Competition Issues Computers and the Internet E-Commerce Facebook Inc Federal Trade Commission Google Inc Instagram Inc Justice Department Kanter, Jonathan S Khan, Lina Mergers, Acquisitions and Divestitures Meta Platforms Inc Mobile Applications Regulation and Deregulation of Industry Social Media United States Politics and Government
Biden Administration Unveils Tougher Guidelines on Mergers
The proposed road map for regulatory reviews, last updated in 2020, includes a focus on tech platforms for the first time.