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Microsoft · JapanJapan's antitrust watchdog said on Tuesday it did not expect a merger between Microsoft Corp and Activision Blizzard to stifle competition. The Japan Fair Trade Commission has notified the companies that it will not issue a cease and desist order. The regulator closed its review on the matter, the regulator said.
Microsoft's Activision deal will not harm competition -Japan watchdog
67% Center coverage: 3 sources
Sam Bankman-FriedSam Bankman-Fried faces a trial set for Oct. 2 on criminal charges. He is accused of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund. He has pleaded not guilty to eight counts and has not yet been arraigned on four more.
Sam Bankman-Fried, prosecutors reach new bail agreement
50% Center coverage: 6 sources
AsiaFacebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently. The social media giant will be assessing the performance of employees. Those who get a rating of "met most expectations" in their 2023 year-end reviews will receive a smaller percentage of bonus and stock award.
Facebook owner Meta planning lower bonus payouts for some employees
34% Center coverage: 6 sources
Beijing · BeijingChina plans to clamp down on malicious online comments that damage the reputation of businesses and entrepreneurs. "False information against enterprises and entrepreneurs, especially private enterprises and private entrepreneurs, appear from time to time," says Cyberspace Administration official. It also affects the normal production and operation of enterprises, resulting in economic losses.
China to crack down on malicious online comments damaging reputation of businesses
50% Center coverage: 4 sources
SoftwareOxbotica will use Google Cloud infrastructure to create "scalable, safe, and reliable" autonomous driving solutions. Cloud infrastructure is seen as crucial for developing autonomous vehicles at scale. Oxbotica said in January it had raised $140 million from investors to speed the deployment of AVs.
Oxbotica, Google Cloud partner to scale up autonomous software
75% Center coverage: 4 sources
Ukraine · LausanneIOC President Thomas Bach defends plans to get Russian and Belarusian athletes back into competitions as neutrals. Bach says their participation "works" despite the ongoing war in Ukraine. IOC sanctioned Russia and Belarus after the 2022 invasion but is now eager to see athletes come back across all sports.
IOC's Bach says Russian participation in sports 'works' despite war
Coverage: 2 sources
Shohei Ohtani · United StatesShohei Ohtani is expected to earn a Major League Baseball (MLB) record $65 million for the 2023 season. The amount includes the one-year, $30 million contract extension he signed with the Los Angeles Angels last October. New York Mets pitcher Max Scherzer was second on the overall list with $59.3 million. Yankees slugger Aaron Judge took the third spot ($44.5 million).
Baseball-Ohtani to earn record $65 mln for 2023 season -Forbes
100% Right coverage: 2 sources
Business · United StatesLONDON -- Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank soothed some of the recent concern about the health of the banking sector.
Stocks rise after bank sale fuels investor risk appetite
100% Right coverage: 2 sources