Joe Biden’s most prominent far-left antibusiness attacker is now shaping the transition of the financial capital of the world, which could reverse the push begun by former Mayor Michael Bloomberg to make New York City the East Coast version of Silicon Valley. New York City mayor-elect Zohran Mamdani may chase away the companies he needs to pay for his big government socialism by naming an anti-business antagonist, Lina Khan, as co-chair of his transition team. Khan is the former Federal Trade Commission Cha ...

By Foo Yun Chee BRUSSELS (Reuters) -SAP, Europe's largest software maker, is set to make a formal offer of concessions shortly to ​settle an EU antitrust investigation and stave off a possible hefty fine, people ‌with direct knowledge of the matter said. The case will help EU regulators counter U.S. criticism that they only ‌target U.S. tech giants such as Alphabet, Apple and Meta Platforms that have faced billions of euros in fines. The European Commission, which started an investigation into SAP's sof ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Google and Epic Games Inc., maker of the popular Fortnite game, reached a settlement in their five-year antitrust fight over how developers distribute and monetize apps on Android phones, according to a court filing. The exact terms of the agreement weren't disclosed, but the accord comes as ...

The commission said it was looking into whether they allocated demand, coordinated prices and shared commercially sensitive information. ...

Deutsche Boerse and Nasdaq risk hefty EU fines after the bloc’s antitrust watchdog opened a full-scale investigation into a suspected cartel linked to listing, trading and clearing of derivatives https://t.co/t6mWgSGPLh ...

Key TakeawaysDuPont (DD) reported robust third-quarter 2025 financial results, with sales of $3.07 billion and adjusted EPS of $1.09, both exceeding analyst expectations. However, the company's Q4 net sales and adjusted EPS outlook fell slightly below consensus estimates.The European Commission has launched a formal antitrust investigation into major exchange operators Deutsche Boerse (DB1) and Nasdaq (NDAQ), probing potential collusion in the listing, trading, and clearing of financial derivatives.Soybean ...

The conservative media underdog still faces unpredictable challenges.Newsmax (NMAX +0.44%), the conservative media company that competes against mainstream media outlets like Fox (FOX +0.36%) News, went public at $10 this March. Its stock skyrocketed and closed at $83.51 on its first day, and it set a record high of $233 a day later.At its peak, Newsmax's market cap hit $29 billion, or 170 times the $171 million in revenue it generated in 2024. It instantly became a meme stock for two reasons: it was closel ...

Core Insights - Alphabet Inc.'s Google and Wiz Inc. have received a significant advancement in their $32 billion acquisition deal as the US government has concluded its investigation, allowing the companies to move forward with the merger [1][2]. Group 1: Acquisition Details - The acquisition was initially announced in March, and the Justice Department opened an in-depth probe in June, which has now been concluded [1][2]. - The early termination of the review indicates that US antitrust agencies no longer see the investigation as a barrier to closing the merger [2]. Group 2: Regulatory Context - Despite the DOJ's conclusion, the deal remains under scrutiny from other antitrust regulators, highlighting ongoing regulatory challenges for the companies [2]. - The timing of the early termination is notable, as the FTC had previously stated it would not grant such terminations during the US government shutdown [3]. Group 3: Broader Implications - The DOJ's decision to end its review provides a temporary relief for Google, which is currently facing antitrust scrutiny globally, including rulings against its monopolistic practices in online search and display advertising technology [4]. - A federal judge in Virginia is expected to make a decision regarding the potential forced sale of parts of Google's ad tech business, indicating ongoing legal challenges [4].

Fortnite maker Epic Games has reached a “comprehensive settlement” with Google that could end its five-year legal crusade targeting Google’s Play Store for Android apps, both companies revealed in a joint legal filing.Epic CEO Tim Sweeney called the settlement an “awesome proposal” in a social media post.Google and Epic Games said the settlement “would allow the parties to put their disputes aside while making Android a more vibrant and competitive platform for users and developers,” according to the docume ...

Google and Epic Games, maker of Fortnite, reached a settlement in their long-running antitrust fight over how developers distribute and monetize apps on Android phones https://t.co/xgw18tFisl ...