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Bloomberg Tech

The FTC Loses to Microsoft and Hollywood Actors Go on Strike

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 14 July 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde breaks down how the FTC lost its request to temporarily block Microsoft from acquiring Activision Blizzard. Plus, Hollywood actors join writers in their strike, bringing productions of films to a standstill amid the first simultaneous walkout since 1960. 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. at Ludd. Lo. I'm I'm Caroline Hine at Blue Mugs World Headquarters in New York.

0:56.6

Ed Ludlow is in Sun Valley and this is Blueburg Technology.

0:59.6

Coming up, the FTC loses its request to temporarily block Microsoft from closing its 69 billion

1:04.5

dollar takeover of Activision Blizzard.

1:05.9

But what about the UK?

1:06.9

We'll bring in the details.

1:08.9

And Hollywood comes to a halt.

1:10.4

Actors join writers in their strike, bringing productions of films to a standstill amid the first simultaneous walkout since 1960.

1:17.0

Glass as generative AI takes the world by storm, governments are scrambling to regulate.

1:22.0

We sit down with Didier Reinders,

1:24.0

European Commissioner for Justice, discuss the steps the EU is taking to rein in

1:28.0

or just put guardrails on the technology.

1:31.0

Not everyone's a winner right now in the stock market and look when it comes to legality

1:34.8

not everyone's a winner again the FTC losing its request for a California judge to

1:39.0

temporarily block Microsoft from actually closing that 6969 billion takeover of Activision Blizzard.

1:44.8

That's of course while the agency appeals her initial ruling to greenlight the deal.

...

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