U.S. FTC chief says prepared to break up big tech firms: Bloomberg

(Reuters) – U.S. Federal Trade Commission is prepared to break up major technology platforms if necessary by undoing their past mergers, Chairman Joe Simons said on Tuesday in an interview to Bloomberg, as the agency anti-competitive practices in the sector. Simons said in the interview that breaking up a company is challenging, but could be the right remedy to rein […]

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Italy's industry ministry open to discuss with everyone, including Atlantia, on Alitalia: sources

MILAN (Reuters) – Italy’s industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge of the matter said on Friday. The ministry is leading talks between the administrators managing the loss-making Alitalia and state-owned railway group Ferrovie dello Stato, which is trying to set up […]

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Dassault Systemes targets life sciences with $5.8 billion Medidata deal

PARIS (Reuters) – France’s Dassault Systemes moved to build up its life sciences presence with a $5.8 billion cash deal to buy Medidata Solutions, a U.S. firm focused on clinical trials. Dassault Systemes has been doing deals to diversify its technology and software businesses further and its agreed acquisition of Medidata, its largest, follows its purchases of companies including Trace […]

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We’re Likely to See AI Merge With Blockchain in the Future

This article was originally published on ETFTrends.com. Artificial intelligence (AI) and blockchain are arguably two of the most discussed technologies in the tech sector, but people often talk about their promise and potential uses separately. The likely scenario is that the two technologies will eventually merge. A Marketplace Lets AI Developers Earn Cryptocurrency The marriage of AI and blockchain is […]

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Trian Fund evaluates takeover bid for Papa John's: WSJ

(Reuters) – Nelson Peltz’ Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc (PZZA.O), the Wall Street Journal reported on Monday, citing people familiar with the matter. The activist hedge fund recently contacted the pizza chain to collect information as it explores a possible bid, according to the report. The world’s third-largest pizza delivery company […]

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Sirius XM agrees to pay $3.5 billion in stock for Pandora to create the world’s largest audio-entertainment company (P, SIRI)

AP Photo/Mark Lennihan Sirius XM has agreed to pay $3.5 billion for Pandora in an all-stock transaction. The deal has an implied price of $10.14 a share, and includes a “go-shop” provision. Watch Sirius XM and Pandora trade in real time. Sirius XM Holdings will acquire Pandora for $3.5 billion in an all-stock transaction, creating the world’s largest audio-entertainment company, […]

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