(Reuters) – Salesforce appointed Wachtell, Lipton’s Sabastian Niles as its chief legal officer on Monday, months after the leading activist lawyer helped defend the business software provi[...]
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Technology
Plaintiffs ask US Supreme Court to temporarily halt Microsoft, Activision merger
By John Kruzel WASHINGTON (Reuters) – A group of individual plaintiffs on Monday asked the U.S. Supreme Court to temporarily halt Microsoft’s $69 billion acquisition of Activision Blizzard[...]
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Ford slashes prices of F-150 Lightning trucks as EV wars heat up
By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims[...]
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US securities regulator ‘disappointed’ with defeat over Ripple’s XRP
WASHINGTON (Reuters) -The head of the U.S. securities regulator said Monday the agency was “disappointed” with a judge’s recent ruling that Ripple Labs Inc did not violate federal se[...]
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AT&T shares hit three-decade low as lead cables risk weighs
By Chibuike Oguh NEW YORK (Reuters) -Shares of AT&T Inc fell nearly 7% to hit their lowest level in thirty years on Monday, after analysts downgraded the stock following a news report that the tel[...]
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Crypto firms facing US SEC charges find hope in Ripple ruling, experts say
By Jody Godoy and Chris Prentice (Reuters) -A cryptocurrency developer’s landmark legal victory against the U.S. Securities and Exchange Commission (SEC) will galvanize Coinbase and other compan[...]
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Microsoft granted two-month pause of UK appeal over Activision deal
By Sam Tobin and Paul Sandle LONDON (Reuters) -Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision Blizzard was formally paused by a London tribunal on Mon[...]
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Tesla directors pay $735 million to settle lawsuit over excess compensation
By Tom Hals WILMINGTON, Delaware (Reuters) -Tesla Inc’s directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder sett[...]
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Space investments stay flat in Q2 as market shows signs of stabilization – report
By Akash Sriram (Reuters) – Investments in space startups stayed flat in the second quarter, a positive sign for a sector that faced a funding slump over the past few quarters due to the grim ec[...]
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