UK blocks Microsoft’s $69 billion Activision deal over cloud gaming concerns

By Paul Sandle LONDON (Reuters) – Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion…

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Elon, or deepfake? Musk must face questions on Autopilot statements

By Hyunjoo Jin and Dan Levine (Reuters) -A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features. The ruling, first reported by Reuters, came in a lawsuit filed by the family of Walter Huang…

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Egypt’s economy seen growing 4% this fiscal year as currency weakens- Reuters poll

By Patrick Werr CAIRO (Reuters) – Egypt’s economy will grow 4.0% this fiscal year and 4.5% next even as it endures a continuing depreciation in its currency, a Reuters poll showed on Thursday, in line with a government forecast for the current year. The country’s already vulnerable economy was shaken further by Russia’s invasion of…

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Powerful Brazilian lawmaker orders Americanas accounting probe

SAO PAULO (Reuters) – The head of Brazil’s lower house authorized on Wednesday the creation of a committee to investigate Americanas, the retailer at the center of a nearly $4 billion accounting scandal. Arthur Lira gave the green light to create the so-called CPI committee, which will include 27 federal lawmakers appointed by party leaders,…

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Trump loses appeal to block Pence’s testimony in Jan 6 probe – CNN

(Reuters) – Former U.S. President Donald Trump has lost an appeal to block former Vice President Mike Pence from testifying in the special counsel probe into efforts to overturn the results of the 2020 presidential election, CNN reported on Wednesday. Earlier this month, Trump lawyers filed the appeal after a ruling related to the Justice…

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Two U.S. Air Force commanders suspended in unit of accused intelligence leaker

By Dan Whitcomb (Reuters) – The U.S. Air Force has suspended two commanders from the National Guard unit where accused classified intelligence leaker Jack Teixeira served, a USAF spokesman said on Wednesday. Teixeira, 21, was arrested by the FBI on April 13 at his home in Massachusetts and charged with violating the Espionage Act. Prosecutors…

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