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US DOJ settles antitrust case for HPE's $14 billion takeover of Juniper - The Economic Times
Economic Times
·
1m ago
Medial
The US Department of Justice (DOJ) has settled its lawsuit against Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks. The settlement requires the new company to divest HPE's Instant On wireless networking business and license Juniper's Mist AI software. This move was to avoid a trial and address competition concerns, as the DOJ argued the merger would leave Cisco and HPE controlling over 70% of the US networking equipment market.
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Hewlett Packard Enterprise CEO expects no China challenge on $14 billion Juniper Networks deal
Reuters
·
1y ago
Medial
Hewlett Packard Enterprise (HPE) CEO, Antonio Neri, states that he does not anticipate any significant regulatory obstacles in China for HPE's proposed $14 billion acquisition of Juniper Networks. Neri believes the deal will enhance HPE's AI computing products and services by providing data center infrastructure. He expects minimal challenges from Chinese regulators due to Juniper's small presence in China and estimates that the transaction can be completed within nine to twelve months.
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Hewlett Packard Ent in talks to buy Juniper Networks in $13bn deal: Report
Livemint
·
1y ago
Medial
Hewlett Packard Enterprise (HPE) is reportedly in talks to acquire Juniper Networks in a deal worth around $13 billion. The potential acquisition aims to enhance HPE's artificial intelligence offerings. Shares of HPE fell 7.7% following the news, while Juniper Networks saw a 21% increase in after-hours trading. Both companies have not officially commented on the reports.
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How an artificial tooth monopoly put the DOJ’s blockbuster Apple antitrust suit in New Jersey
The Verge
·
1y ago
Medial
The US Department of Justice (DOJ) has filed a lawsuit against Apple in the state of New Jersey, possibly due to the state's favourable history in antitrust cases. In 2004, the DOJ successfully sued dental supply company Dentsply in the Third Circuit, which includes New Jersey, for maintaining a monopoly in the artificial teeth industry. The DOJ may believe that the legal precedent set in that case will be beneficial in its current antitrust lawsuit against Apple. Additionally, New Jersey is home to Samsung's US headquarters, which is mentioned in the lawsuit as a meaningful competitor to Apple in the smartphone market.
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ETtech Explainer: Google’s second big antitrust trial in US
Economic Times
·
11m ago
Medial
The US Department of Justice (DoJ) is set to face Google in its second major antitrust trial, focused on the tech giant's monetization strategies for advertising. The DoJ argues that Google's practices are unfairly harming the industry. This trial is part of a broader push by President Biden's administration to regulate Big Tech using antitrust laws. The case follows a recent ruling that found Google had illegally monopolized online search. The trial will center on Google's adtech business, which accounts for the majority of its revenue, and the DoJ's claims that the company has engaged in monopolistic behavior.
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Apple’s antitrust fight begins
The Verge
·
1y ago
Medial
The US Department of Justice has filed an antitrust complaint against Apple, accusing the tech giant of stifling innovation in the smartphone industry and depriving competitors and iPhone users of better software and hardware options. The case bears similarities to the US v. Microsoft antitrust trial from over two decades ago. In this podcast episode, the hosts discuss the details of the complaint, including Apple's ecosystem components and the arguments put forward by the DOJ. The episode also features a news roundup.
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Why the DOJ’s case against Apple has everything to do with Microsoft in the ’90s
The Verge
·
1y ago
Medial
The US Department of Justice's antitrust case against Apple reminds the company of its past reliance on a similar case against Microsoft to launch its successful iPod. The case against Microsoft paved the way for Apple's success, as the court found that Microsoft used its monopoly power to stifle competition from Netscape. The DOJ states that, without the earlier case, it would have been more difficult for Apple to achieve success and eventually launch the iPhone. The DOJ's case against Apple highlights its concerns about monopolistic behavior and hindrance to innovation.
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DOJ antitrust officials reportedly pushing for Google to sell off Chrome browser
Business Insider
·
8m ago
Medial
A federal judge has ruled that Google violated antitrust law in order to maintain a monopoly on search. As a result, the Department of Justice (DOJ) is considering potential remedies for the case, including asking a judge to force Google to sell its Chrome browser. The DOJ's antitrust division may also propose data licensing requirements and additional remedies related to AI and Android. Prosecutors have suggested potential solutions such as breaking up Google's basic businesses. These developments reflect a shift in antitrust law against large tech companies. Google is already facing another antitrust case regarding its Play Store.
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Federal regulators grant antitrust probe into Microsoft, OpenAI and Nvidia
Livemint
·
1y ago
Medial
The US Department of Justice (DOJ) and the Federal Trade Commission (FTC) have reached a deal to investigate Nvidia, OpenAI, and Microsoft over potential antitrust concerns related to their involvement in artificial intelligence (AI). The DOJ will lead the investigation into Nvidia, the leading AI chip manufacturer, while the FTC will focus on OpenAI, in which Microsoft has made significant investments. The agreement reflects the growing regulatory scrutiny around AI technology and its impact on various aspects of society. It follows similar antitrust investigations into major tech companies in the past.
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Why Elon Musk might lose his latest battle with the SEC over Twitter probe
Economic Times
·
1y ago
Medial
The US Securities and Exchange Commission (SEC) is seeking to compel Elon Musk to testify in an investigation into his $44 billion takeover of Twitter. The SEC has taken legal action against Musk multiple times in the past and may have a stronger case this time. The agency is investigating whether Musk violated securities laws in relation to the Twitter deal. If Musk defies the court, he could face fines or even jail time. Musk has objected to testifying, claiming harassment and requesting time to review relevant material.
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OpenAI, Microsoft’s Partnership May Be Killed Off Before the Dawn of AGI
Gizmodo
·
1y ago
Medial
US regulators, including the Department of Justice (DOJ) and the Federal Trade Commission (FTC), are reportedly concerned about potential antitrust issues related to the partnership between OpenAI and Microsoft. They are now deciding which agency will investigate their collaboration. OpenAI's CEO, Sam Altman, aims to build human-loving Artificial General Intelligence (AGI), and without Microsoft's resources, achieving this goal could be challenging. Additionally, OpenAI is already facing a lawsuit from the New York Times for copyright infringement. UK and EU regulators are also investigating the partnership.
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