Amazon Acquires One Medical at $3.5 Billion After FTC’s Approval

Amazon Acquires One Medical at .5 Billion After FTC’s Approval

Amazon.com said on Wednesday it had completed its $3.5 billion (nearly Rs. 29,000 crore) takeover of primary care provider One Medical, a day after a US Federal Trade Commission (FTC) official announced that the agency would not challenge the deal. The acquisition, announced last July, gives the online retailer a virtual health offering as well as offices … Read more

Microsoft Sued by Gamers to Stop Takeover of Call of Duty Maker Activision

Microsoft Sued by Gamers to Stop Takeover of Call of Duty Maker Activision

Microsoft was hit on Tuesday in US court with a private consumer lawsuit claiming the technology company’s $69 billion (roughly Rs. 5,71,200 crore) bid to purchase Call of Duty maker Activision Blizzard will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the … Read more