Monthly Archives: July 2022

Rivian is starting to shed its vaporware status by getting actual trucks to customers

Rivian’s promise to upend the auto industry with beautifully designed emissions-free, adventure-themed trucks and SUVs was almost dependent on the company’s ability to deliver actual vehicles to actual customers. And, in that respect, Rivian is getting slightly better. The company announced that it had produced 4,401 vehicles during the second quarter of 2022, a 72…

Microsoft’s Activision Buyout Deal Faces Probe From UK Antitrust Regulator

The UK’s Competition and Markets Authority (CMA) will probe Microsoft’s deal to buy Call of Duty maker Activision Blizzard, the watchdog said on Wednesday. The CMA said it had until September 1 to decide whether the deal would reduce competition in the UK. Microsoft in January said it was buying Activision Blizzard, in the biggest…

Amazon Under Closer Surveillance From German Anti-Cartel Watchdog for Possible Abuse of Market Position

Amazon will be placed under closer surveillance for any possible abuse of its market position, according to Germany’s anti-cartel watchdog. The Federal Cartel Office can now act more effectively to “intervene and prohibit potential anticompetitive practices”, after Amazon was deemed a company of “paramount significance for competition” by the antitrust watchdog. The G…Read More