March 21 (Reuters) – Microsoft Corp ( MSFT.O ) on Monday won the dismissal of a private consumer antitrust lawsuit over its proposed $69 billion purchase of “Call of Duty” maker Activision Blizzard Inc ( ATVI.O ), but the plaintiffs received notice. 20 days to refine your legal challenge. A federal judge in San Francisco …
Microsoft wins dismissal of gamer’s lawsuit over $69 billion Activision deal Read More »
HONG KONG, March 21 (Reuters) – Screening of British slasher film “Winnie the Pooh: Blood and Honey”, which was due to be released in Hong Kong this week, has been cancelled, its distributor said on Tuesday without giving a reason. VII Pillars Entertainment said on their Facebook page that it was with “great regret” that …
Winnie the Pooh horror movie ‘mysteriously’ canceled in Hong Kong Read More »
March 20 (Reuters) – Samsung Electronics Co Ltd ( 005930.KS ) convinced a federal jury in Los Angeles on Friday that its Galaxy S10 phones do not infringe on the trademark rights of a talent management agency that uses the S10 name. A jury found that S10 Entertainment & Media LLC had failed to show …
Samsung wins jury trial in S10 trademark lawsuit Read More »
SAO PAULO, March 17 (Reuters) – Brazil’s government is studying whether to regulate internet platforms, its digital policy secretary Joao Brant said on Friday. The idea, Brandt told Reuters, is for regulators to hold the platforms, rather than consumers, accountable for monetized content. Another goal is to “prevent the Internet from being used to distribute …
Brazil Wants to Regulate Monetized Content on the Internet – Official Read More »
WASHINGTON, March 15 (Reuters) – The Biden administration has demanded that TikTok’s Chinese owners divest their stake in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move is the most dramatic in a series of recent moves by US officials and lawmakers who have raised fears …
TikTok says US threatens ban if Chinese owners don’t sell shares Read More »
Samsung and Xiaomi face each other in India as premium phones More and more Indians now want expensive phones with better features Budget smartphones under $120 are losing popularity Samsung’s loan program that guides the purchase of premium phones – manager NEW DELHI/LUCKNOW, March 16 (Reuters) – Xiaomi Corp is revamping its India strategy after …
Xiaomi’s slow move to premium smartphones in India is helping Samsung steal its crown Read More »
HONG KONG, March 13 (Reuters Breakingviews) – Vietnam’s economy grew 8% last year as manufacturers such as Samsung Electronics ( 005930.KS ), LG and Hon Hai Precision Industry ( 2317.TW ) drove exports. Now, overseas demand is falling amid a local credit crunch and a corruption crackdown. Weak domestic demand leaves the country without much …
Vietnam’s export prowess is becoming exaggerated Read More »
MUMBAI, March 12 (Reuters) – India’s technology minister said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank’s ( SIVB.O ) collapse, as concern over the fallout for the Indian growing startup sector. California banking regulators shut down Silicon Valley Bank (SVB) on Friday after a …
India’s technology minister plans to meet startups on SVB fallout Read More »
March 11 (Reuters) – The U.S. central bank and Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to freeze more deposits at banks running into trouble in the wake of the collapse of Silicon Valley Bank, reported Bloomberg News on Saturday. Regulators discussed the new special vehicle in …
LONDON, March 11 (Reuters) – Britain’s Treasury and the Bank of England are working together to minimize the disruption that could stem from a collapse of the British arm of Silicon Valley Bank ( SIVB.O ), which has been seized by U.S. regulators , the ministry announced on Saturday. Talks were planned for later on …
