HashiCorp’s stock drops as FTC issues second request for IBM deal amid concerns

HashiCorp’s stock drops as FTC issues second request for IBM deal amid concerns

Investors are expressing concerns over Hashi Corporation’s planned sale to IBM as the price dropped by nearly 1%, with rumors circulating that the Federal Trade Commission may require more information before approving the deal. The FTC is looking into the potential impact of the acquisition on competition and innovation in cloud software and encryption tools, … Read more

HashiCorp shares drop as FTC issues 2nd request for IBM deal, sparking concern

HashiCorp’s stock drops as FTC issues second request for IBM deal amid concerns

The stock price of Hashi Corporation (NASDAQ:Health professional) dropped by almost 1% following concerns among investors regarding its planned sale to IBM (NYSE:IBM). There are worries that antitrust regulators may request more information regarding the deal, with rumours circulating that the Federal Trade Commission may issue a second application as a Friday deadline looms. These … Read more

FTC Review of IBM Acquisition Causes HashiCorp Stock to Drop – TipRanks.com

FTC Review of IBM Acquisition Causes HashiCorp Stock to Drop – TipRanks.com

HashiCorp faces increased regulatory scrutiny over its acquisition by IBM, causing its shares to drop about 1% on Thursday. The FTC is conducting a review of IBM’s planned $6.4 billion acquisition of HashiCorp, focusing on potential competition concerns in the cloud software and encryption tools sectors. Despite the uncertainty, IBM expects the transaction to close … Read more

FTC and DOJ Begin Antitrust Inquiries into Microsoft, OpenAI, and Nvidia

FTC and DOJ Begin Antitrust Inquiries into Microsoft, OpenAI, and Nvidia

The FTC and DOJ have agreed to split roles in investigating potential antitrust violations by Microsoft, OpenAI, and Nvidia, according to a report by The New York Times. The Justice Department will lead the investigation into Nvidia, while the FTC will examine the deal between OpenAI and Microsoft, its largest investor. The FTC began investigating … Read more

Reports indicate that DOJ and FTC are gearing up to launch antitrust investigation into Microsoft, Nvidia, and OpenAI.

Reports indicate that DOJ and FTC are gearing up to launch antitrust investigation into Microsoft, Nvidia, and OpenAI.

The Department of Justice and federal regulators are launching an antitrust investigation into Microsoft, Nvidia, and OpenAI due to their involvement in the AI industry, as reported by multiple media outlets. This investigation follows subpoenas sent to the companies by the DOJ and FTC regarding their roles in the rapidly growing AI sector. Microsoft’s involvement … Read more

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more