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The Latest Breaking News from FTC

Microsoft and Activision: the big questions that will decide whether the US$68 billion deal goes ahead

Microsoft’s proposed US$68 billion (£52 billion) acquisition of video game maker Activision Blizzard should be allowed to go ahead, according to a US federal judge. After five days of gruelling testimony, Judge Jacqueline Corley ruled the merger is unlikely to result in a substantial lessening of competition across the markets…

The Conversation

FTC Investigates OpenAI Over Inaccurate Information From ChatGPT

Plus: Few Americans support full abortion bans, a win for cryptocurrency in Ripple case, and more...

Reason

Tech deals may take even longer to close in light of recent FTC scrutiny, predicts one VC

The FTC’s antagonism of Big Tech sets companies up for “painfully long processes” for dealmaking, says Battery Ventures’s Chelsea Stoner.

Fortune

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read the most diverse news in one place.

FTC loses last-ditch shot at appealing Microsoft Activision Blizzard case, clearing the way for the deal to close in the US

A US court won't halt Microsoft's acquisition

GamesRadar

ChatGPT creator OpenAI faces US probe over libellous output

US Federal Trade Commission asks startup to provide information about safeguards amid reports of defamatory content.

Al Jazeera

The FTC reportedly opens an investigation of ChatGPT creator OpenAI over consumer protection issues

The U.S. Federal Trade Commission has launched an investigation into ChatGPT creator OpenAI and whether the artificial intelligence company violated consumer protection laws by scraping public data and publishing false information through its chatbot, according to reports in the Washington Post and the New York Times

The Independent UK

FTC appeals court ruling on Microsoft-Activision deal

The U.S. Federal Trade Commission asked a California judge to temporarily block Microsoft Corp. from closing its $69 billion takeover of Activision Blizzard Inc. while the agency appeals her ruling greenlighting the deal.

Tribune News Service

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Bill Banning Algorithmic Discrimination Reintroduced

Markey and Matsui try, try again on the Hill

Multichannel News

The FTC is now trying to delay the Activision deal in a new way as Microsoft pushes to close it

Not unlike game studios, the FTC wants to delay this until it can potentially sort it out

GamesRadar

Republicans attack FTC chair and big tech critic Lina Khan at House hearing

Khan accused of giving herself ‘unchecked power’ by taking aggressive steps to regulate Twitter, Meta and Google

The Guardian - US

Explosive Exchange: FTC Chair faces off against hostile US Congress over Microsoft-Activision merger

The tax-payer funded U.S. FTC hasn't had much luck recently. FTC Chair Lina Khan was accused of "intentionally" taking cases it knew it would lose in a fraught hearing at the U.S. House of Representatives. Watch the clips here.

Windows Central

Justice served: Destiny 2 harasser forced to pay Bungie nearly $500,000 in damages

An individual continually harassed a Destiny 2 community manager and is now being forced to pay the huge financial price.

Windows Central

FTC investigating ChatGPT over potential consumer harm

ChatGPT sees its first hint of regulation as the federal agency requests documentation about its business practices.

WEKU

OpenAI’s ChatGPT bot probed by FTC over consumer harms

The U.S. Federal Trade Commission has opened an investigation into OpenAI Inc., questioning whether its popular ChatGPT conversational AI bot puts consumers’ reputations and data at risk, according to a person familiar with the matter.

Tribune News Service

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Inverse

Sony Responds to Microsoft FTC Win by Doubling Down on a Trend Everyone Hates

Live-service games? In this economy?

Axios

FTC opens probe into ChatGPT maker OpenAI

The FTC is taking a close look at artificial intelligence.

GamesRadar

Activision Blizzard stock exit suggests Microsoft deal could close very soon

Activision Blizzard is preparing to exit the US stock exchange's top 100 index

The Independent UK

Twitter seeks end to US oversight of data use as FTC's Lina Kahn goes before House committee

Twitter wants a federal court to end an order imposed by the Federal Trade Commission that limits its data security practices

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news in one place.

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The Guardian - UK

Will Microsoft be able to close $69bn deal for Activision Blizzard?

Appeal by competition watchdog in US is latest twist in complex saga involving trio of regulators

GamesRadar

Microsoft “disappointed” as FTC appeals recent loss in Activision Blizzard case

The legal ramblings continue

TechRadar

FTC continues its fight against Microsoft's Activision Blizzard acquisition by lodging appeal

Despite Microsoft's victory in a US court battle over its plans to acquire Activision Blizzard, the FTC hasn't given up the fight.

The Independent UK

House Republicans set to interrogate FTC's Khan over ethics, antitrust issues

House Republicans who say the Federal Trade Commission has been overzealous and politicized under President Joe Biden are set to interrogate agency head Lina Khan on Thursday

Windows Central

Xbox deal could be closing soon, Activision Blizzard to leave Stock Exchange

The Call of Duty and Candy Crush publisher is expected to leave the NASDAQ-100 stock index on July 17.

Windows Central

Microsoft vs FTC: FTC to appeal Microsoft Activision decision (UPDATE)

The FTC has appealed the decision of Judge Corley on the matter of the Microsoft acquisition of Activision

Axios

FTC to appeal ruling paving the way for Microsoft-Activision deal

It's likely the FTC's last chance to block a merger before an injunction barring the deal expires this weekend.

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