Sunday, March 26, 2023
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Activision Shares Up 5% as Microsoft Wins Regulator’s ‘Blessing’ on Acquisition Deal

A UK competition regulator eases off slightly on the Microsoft-Activision deal, sending the gaming publisher’s shares soaring.  Activision Blizzard Inc (NASDAQ: ATVI) shares surged Friday on positive news about the UK’s Competition and Markets Authority’s stance toward the Microsoft (NASDAQ: MSFT) deal. According to reports, the British competition regulator has eased off on the impending Microsoft

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Tech Giants Embark on Layoffs since Beginning of 2023 despite Profitable Quarterly Results  

A recurring pattern of recent employee layoffs among tech giants reveals these companies are hedging against economic uncertainties.  Despite the current economic conditions, a number of tech giants are still likely to embark on company layoffs even though they are turning profits. These layoffs have been ascribed to a slowdown in

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Mainland China Residents Show Hunger for Bitcoin via Subverting Binance KYC

Amid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past. Crypto exchanges have been outlawed in mainland China since 2017, while digital assets like Bitcoin were banned in 2021. However, mainland China residents are eager

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