Day: April 27, 2023

Microsoft’s $68.7 billion bid for Activision Blizzard blocked over competition fears

The acquisition of video game developer Activision Blizzard by Microsoft has been rejected by the British competition authority.

Grant Shapps, the business secretary, is planning legislation that would force some employees work during strikes.

Four more New Look department heads have left the company as the retailer continues to reduce its head office employees.

Automotive giant Stellantis is offering voluntary buyouts to 33,500 US workforce for better financial flexibility when it shifts to electrification.