Brussels opens investigation into Microsoft takeover of Activision Blizzard

Brussels announced Tuesday to open an in-depth investigation into the proposed takeover of the American video game publisher Activision Blizzard by Microsoft, judging that this operation at 69 billion dollars could “significantly reduce» competition in this market. The European Commission expressed particular concern that Microsoft could “lock access to Activision Blizzard video games for consoles … Read more

Microsoft avoids taxes in several countries

According to a study, the American computer giant would transfer its profits to companies domiciled in tax havens, Bermuda or Puerto Rico. In the United Kingdom, Australia or New Zealand: the American computer giant Microsoft avoids, thanks to a complex structure, paying taxes on billions of dollars in countries where it nevertheless holds lucrative public … Read more

Mass layoffs at Stripe and Lyft, hiring freeze at Amazon

The American distribution giant highlights an “unusual” macro-economic environment. Caught up by the economic slowdown that is gripping the tech giants, two Silicon Valley companies, Stripe and Lyft, announced major layoffs on Thursday while Amazon freezes hiring in its offices. Twitter could follow suit: according to information from the Bloomberg agency, confirmed by a source … Read more

Life insurance still skates in September

Life insurance contracts recorded net inflows of 0.5 billion euros in September, three times less than in the same month last year, according to figures released on Friday by France Assureurs. It is however a little better than the month of August 2022, when life insurance had recorded a net outflow: the amounts disbursed had … Read more

Businesses will find it harder to insure themselves well in 2023

Reinsurers (the insurers of insurers) have just raised their prices by more than 10% on average. 520623035/Cavan Images – Insurers will further increase rates. Deductibles are up and warranties are down. It’s an additional headache for companies, already struggling with runaway inflation and supply problems. As the end of the year approaches, negotiations for … Read more

Lidl and Amazon navigate the waters of the giants CMA CGM and Maersk

Lidl created its own shipping company last April. 388002261/aerial-drone – DECRYPTION – The German hard-discount group and the e-commerce giant have become their own shipowners. We knew Lidl as a distributor. Here he is also a shipowner. In April, the German hard-discount group created its own shipping company, called Tailwind Shipping Lines. She has … Read more

Microsoft co-founder’s estimated $1 billion private collection up for auction

Part of the private collection of Paul Allen, co-founder of Microsoft, was unveiled Wednesday, October 12 in Los Angeles for an auction by Christie’s, which estimates its total value at a billion dollars, which would be a record. Titled “Visionary,” the sale will take place in New York on November 9 and 10 and features … Read more

Crédit Mutuel and Allianz join forces

Assurances du Crédit Mutuel and Allianz France announced on Friday in a joint press release a partnership to offer products to companies, in particular to farmers, to the chagrin of the self-employed who distribute contracts and fear competition from banks. Concretely, with the exception of Arkéa, the Crédit Mutuel banks, of which one in three … Read more

the Constitutional Council finds the e-merchant wrong

The Constitutional Council considered on Thursday “conform to the constitution“Provisions of the Commercial Code challenged by Amazon, certain commercial practices of which are denounced by Ilec, a professional organization which brings together the major brands of everyday consumption. “It’s a good decision, in line with what we expected“, reacted Daniel Diot, the secretary general of … Read more

“Abandonment of post” equated to a resignation, votes the National Assembly

The measure was defended in several amendments to the law on unemployment insurance currently being debated in the Assembly. Employees abandoning their post will be presumed to have resigned: the National Assembly voted on Wednesday amendments from the majority and the LRs to limit access to unemployment insurance, despite criticism from the left. “An employee … Read more