Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Monday, February 26th. I'm Julie Morgan.

Apple turned down a major offer for Microsoft.

Disney has reportedly made a deal with Reliance,

and Ford has stopped shipping the F-150 EV.

Microsoft offered to sell Bing to Apple in 2018 or form a joint venture related to the

search engine.

This information is coming from a recently unsealed brief from the

U.S. Justice Department's antitrust case against Google. The case relates

Google's alleged search monopoly and the methods it employed to ensure dominance, such as spending billions of dollars to make its search engine the default option in phones.

Google argued that it had been competing fairly.

Google told the court that Microsoft approached Apple in 2009, 2013, 2015, 2016, 2018, and 2020 to make being the default option for its safari browser.

The company said in each instance Apple took a hard look at the relative quality of

being versus Google and concluded that Google was the superior default choice.

Apple Executive Eddie Q said this was because being search quality was not as good as Google

and Microsoft was not investing at a level comparable to Google.

The Walt Disney Company and Reliance Industries

signed a binding agreement for a merger

of their media operations in India.

The media units of reliance and its affiliates will own at least 61% of the combined entity.

According to a Bloomberg report on Sunday

which cited people familiar with the matter.

...