A trial that began Thursday will serve as a test of the Federal Trade Commission’s argument that Facebook’s parent company is trying to buy its way to dominance in the nascent virtual and augmented reality markets.
Category: Mergers, Acquisitions and Divestitures
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Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows
The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.
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Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows
The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.
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Video Game Workers at Microsoft and Activision Take Steps to Unionize
Microsoft has remained neutral during a labor organizing bid as the Xbox maker seeks regulatory approval for its Activision acquisition.
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Hans Niemann Is the Bad Boy of Chess. But Did He Cheat?
An American teenager, Hans Niemann, defeated Magnus Carlsen, the world’s best chess player. Then Mr. Carlsen accused his opponent of cheating. It’s either overdue justice or paranoia.
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Charles Koppelman, Force in the Music Industry and Beyond, Dies at 82
A dealmaker and superstar matchmaker, he worked with artists like Barbra Streisand, Dolly Parton and Tracy Chapman. Later he was chairman of Martha Stewart Living.
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T. Rowe Price Raises Concerns About News Corp’s Merger With Fox
T. Rowe Price, the largest owner of News Corp after the Murdoch family, says the deal risks undervaluing News Corp.
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Manchester United Owners Consider Sale of Storied Club
The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.