Companies

FTC says Microsoft’s layoffs at Activision Blizzard may threaten merger approval

The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal. Despite Microsoft's earlier court assurances of...

Delaware court voids Musks $56 billion dollar compensation

Tesla's stock experienced a notable downturn following a Delaware court's decision to void CEO Elon Musk's massive $56 billion compensation package. The ruling, stemming...

IT World Canada strikes partnership with Canadian Cybersecurity Network

Goal is to make it easier for infosec pros to access each organization

Microsoft overtakes Apple as world’s most valuable company

In a notable shift in the tech industry, Microsoft has recently overtaken Apple to become the world's most valuable public company by market value....

American regulator slams data broker for selling mobile location data without consent

The Federal Trade Commission says the data could have been used by organizations to track peoples' visits to doctors or places

X (Twitter) ad revenue drops to new lows

X's ad revenue struggles amid boycotts. Elon Musk's X (formerly Twitter) is facing a significant downturn in advertising revenue. Insider sources revealed that X...

OpenAI strikes deal with large German publisher Axel Springer

The European Union recently enacted the EU AI Act, mandating that foundational AI models, including those by OpenAI, adhere to stringent transparency requirements before...

Broadcom restructures VMware licensing

Broadcom revises VMware's licensing model, introducing significant subscription cost reductions and changes in response to earnings challenges. Broadcom, following its acquisition of VMware, has made...

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