Tuesday, July 4, 2023

The CJEU rules that Germany's Federal Cartel Office didn't overstep by demanding Meta overhaul its ad business in 2019; Meta says it is "evaluating" the ruling (Stephanie Bodoni/Bloomberg)

Stephanie Bodoni / Bloomberg:
The CJEU rules that Germany's Federal Cartel Office didn't overstep by demanding Meta overhaul its ad business in 2019; Meta says it is “evaluating” the ruling  —  Meta Platforms Inc.'s Facebook lost its fight at the European Union's top court to topple a German antitrust decision …



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Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel paid $17B for Altera in 2015 (Bloomberg)

Bloomberg : Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel...