- Australia said it will ban TikTok on all government-issued digital devices, following the U.S. and other intelligence-sharing allies in response to concerns about data security on the app.
- The U.S. Justice Department on Monday said it filed an antitrust lawsuit against Activision Blizzard Inc alleging that the company imposed rules that limited competition for players in two of its videogame franchises' professional esports league and suppressed wages for players in those leagues.
- Tesla Inc secured a financial reprieve when a jury ordered the company to pay more than $3 million to a Black former worker in a racial harassment case, a fraction of the payout the company initially owed.
- Walt Disney Co Chief Executive Robert Iger called
Florida's actions against Disney over the past year
"antibusiness" and "anti-Florida" in his first in-depth comments
about the company's ongoing battle with Gov. Ron DeSantis.
- Glencore Plc's around $23 billion bid for
Canadian miner Teck Resources Ltd marks the
Swiss-based commodity company's return to big deal making,
potentially creating a copper giant that can capitalize on the
rush for energy transition metals.
- The Federal Trade Commission rejected Illumina Inc's $7 billion deal for cancer-test developer Grail Inc , a fresh sign the commission wants to take a more
aggressive stance toward deal-making.
(Compiled by Bengaluru newsroom)
