The company received requests for information that appeared to relate to investigations into whether investors who knew Bobby Kotick, the chief executive, traded Activision stock before a deal with Microsoft was made public. Source
Technology
Bitcoin Is Increasingly Acting Like Just Another Tech Stock
SAN FRANCISCO — Bitcoin was conceived more than a decade ago as “digital gold,” a long-term store of value that would resist broader economic trends and provide a hedge against inflation. But Bitcoin’s crashing price […]
Technology
U.K. Blocks Microsoft’s Activision Bid, a Blow to the Tech Giant
British antitrust regulators on Wednesday blocked Microsoft’s plans to acquire the video game giant Activision Blizzard for $69 billion, a significant hurdle for what would be the largest consumer tech acquisition since AOL bought Time […]
Technology
Reddit Rises 48% in First Day of Trading
Reddit shares rose 48 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year. Shares […]
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