UK watchdog puts brakes on Microsoft’s record $69 billion Activision dealApril 27, 2023 In a stunning turn of events, the UK’s Competition and Markets Authority (CMA) has blocked Microsoft’s proposed acquisition of video…
Short sellers made $15 billion in profits betting against TeslaDecember 26, 2022 Due to the continued decline in Tesla shares, Elon Musk is no longer the world’s richest person. According to a…
Amazon Web Services awarded $700 million contract by U.S. NavyDecember 20, 2022 Amazon Inc’s cloud computing division was awarded a $723.9 million enterprise software license contract by the United States Navy. With…
Saudi wealth fund PIF purchases Alphabet, Zoom, and Microsoft sharesAugust 16, 2022 A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value…