Tnw The Heart Of Tech
Shares of Ubisoft surged greater than 30% Friday, following reports that Tencent and the Guillemot family are contemplating a buyout of the video game maker. More than a dozen states and the District of Columbia have filed lawsuits in opposition to TikTok. They are alleging the popular short-form video app is designed to be addictive to kids and harms young people’s psychological well being. The U.S. Department of Justice is contemplating asking a federal judge to pressure Google to promote elements of its business in order to remove its online search monopoly. Watchdogs warn Big Tech is utilizing its affect over the USTR and other federal companies to help form a lenient regulatory coverage model, each in the US and abroad, that protects its pursuits at the expense of smaller competitors. Each week, StrictlyVC’s host and TechCrunch Editor-in-Chief Connie Loizos, with Alex Gove, former journalist, …