Microsoft's Activision Deal, Amazon's Use of Data Face U.K. Probes 

Britain's antitrust regulator opened probes into Microsoft's $75 billion bid for the videogame giant and how Amazon uses data to boost its business.

Amazon Adds Grubhub Delivery to Prime Membership to Bulk Up Foods Business 

The deal also gives Amazon the option to acquire a small stake, the parent of the food-ordering company said.

Online Ad Slump Won't Be a Blip 

Google, Facebook and other online ad players are in for another tough quarter and beyond.

Twitter's Tussle With Delhi Will Define Online Speech in India 

Twitter is challenging the scope of the Indian government's power to force removal of tweets. Whatever happens, the court case will change the environment for online speech-and business-in the world's second-most-populous nation.

Batteries Become Do-Or-Die for Air-Taxi Startups 

The dream of electric air taxis has always depended on the reality of batteries. With money for moonshots drying up, investors may be wise to focus on today's technology rather than tomorrow's.

Peter Chernin Bets Streaming Services Will Remain Hungry for Content 

The entertainment veteran's newly created North Road Co., with backing from Providence Equity and Apollo, is looking to make acquisitions, with a particular focus on companies making unscripted content and international markets.

Highflying Cyber Firms Cut Staff After Raising Hundreds of Millions of Dollars 

Security startups hunker down and stockpile cash as they prepare for a bear market.

Crypto Broker Voyager Digital Files for Bankruptcy Protection 

The voluntary filing comes after crypto hedge fund Three Arrows Capital defaulted on a large loan from a Voyager unit.

Cosco Shipping Energy Shares Fall as Oil Demand Outlook Deteriorates 

Shares of Cosco Shipping Energy Transportation Co. fell sharply in both Hong Kong and China markets on Wednesday, following an overnight drop in crude prices and an increasingly dim outlook for energy demand.

Tiger Global's Flagship Hedge Fund Has First Gain Since October 

The hedge fund remains down 50.1% for the first half of the year, worse than losses notched by major stock-market indexes.


(END) Dow Jones Newswires

July 06, 2022 09:15 ET (13:15 GMT)

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