Month: April 2020
FTC sues to unwind Altria’s $12.8 billion investment in Juul
The Federal Trade Commission is suing to unwind Altria’s $12.8 billion investment in Juul Labs, alleging that the two companies worked together to eliminate competition in the e-cigarette market. In its complaint, the FTC said that Juul’s e-cigarette products posed a significant threat to Altria’s market dominance. Juul had been…
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Xerox is backing out of HP takeover
As a result of macroeconomic and market turmoil caused by the coronavirus outbreak, Xerox has announced that it will no longer pursue its acquisition of HP Inc. The Connecticut-based company first revealed that it was considering buying its fellow printing giant back in November of last year. However, after HP…
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Panasonic worker at Tesla’s NY factory tested positive for COVID-19
A Panasonic employee at Tesla’s solar panel factory in Buffalo, New York tested positive in March for COVID-19, the disease caused by the novel coronavirus, according to internal emails obtained by The Verge. It’s the fourth known employee at Tesla’s US facilities to test positive for COVID-19, following one at…
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How To Plague: Advice On Helping Friends With Coronavirus
The journalists at BuzzFeed News are proud to bring you trustworthy and relevant reporting about the coronavirus. To help keep this news free, become a member and sign up for our newsletter, Outbreak Today. Hi, I’m Katie Notopoulos, a tech reporter here at BuzzFeed News, and I have no actual…
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Original Content podcast: ‘Star Trek: Picard’ launches with a bumpy, memorable season
Star Trek TV shows generally take a while to get good — but if any of them was going to have a strong start, you’d think it’d be “Star Trek: Picard.” After all, it returns Patrick Stewart to the role that made him famous, that of onetime Starfleet captain Jean-Luc…
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Microsoft joins forces with Plaid to make Excel a fintech app
Microsoft has partnered with San Francisco-based fintech startup Plaid to develop a new software app called Money in Excel. The collaboration will allow people to automatically import their bank and credit card account data into the personal finance tool. The software will be available to Microsoft 365 subscribers in the…
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