Feds move to block $69 billion Microsoft-Activision merger
CBSN
Federal regulators have filed a legal motion to prevent Microsoft from completing its $69 billion deal for Activision Blizzard.
The Federal Trade Commission on Monday filed for a temporary restraining order and an injunction in the Northern District of California to stop the deal from closing.
Microsoft last year proposed to buy video game developer Activision Blizzard for $69 billion. The FTC sued the company in December to stop the merger, claiming it would harm competition in the video-game industry. The first hearing in that case is scheduled for August 2, according to court filings.
Debbie Nelson, the mother of rapper Eminem and whose rocky relationship with her son was known widely through his hit song lyrics, has died. She was 69.
Chad Chronister, President-elect Donald Trump's pick to lead the Drug Enforcement Administration, announced Tuesday he is withdrawing his name from consideration, citing the goals he has yet to complete as sheriff of Hillsborough County, Florida.
Washington — A number of Republican senators have expressed concern about Pete Hegseth, President-elect Donald Trump's choice to lead the Defense Department, potentially putting his intended nomination at risk.
Donald Trump's lawyers pointed to an unlikely person in demanding a judge dismiss the president-elect's New York criminal case: Hunter Biden.
Washington — A group of House Democrats is seeking to oust some of their aging committee leaders after disappointing defeats for the party in the November elections that will give Republicans control of the White House and Congress come January.
A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multibillion-dollar fraud case — but said her life could still be spared if she paid back three quarters of the assets she embezzled.
President-elect Donald Trump said late Monday that he will travel to Paris for the reopening of Notre Dame Cathedral, a grand celebration set to take place this weekend.
The New York Film Critics Circle, one of the nation's oldest and most venerated critics' groups, is kicking movie awards season into high gear Tuesday as they select their choices for the best of 2024.
Washington — The Supreme Court is set to convene Wednesday to hear arguments in a landmark case involving access to gender-affirming care like puberty blockers and hormone therapy for minors experiencing gender dysphoria.
Washington — Senate Democrats are meeting Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.
President-elect Donald Trump is pledging to block Japan's Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S. national security.