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DOJ Sues Google, Seeking to Break Up Online Advertising Business

DOJ Sues Google, Seeking to Break Up Online Advertising Business

The Justice Department is seeking the breakup of Google’s business brokering digital advertising across much of the internet, a major expansion of the legal challenges the company faces to its business in the U.S. and abroad. A lawsuit filed Tuesday, the Justice Department’s second against the Alphabet Inc. GOOG -1.98% unit following one filed in …

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These 15 Dividend Aristocrat stocks have been the best income builders

These 15 Dividend Aristocrat stocks have been the best income builders

The S&P Dividend Aristocrats deserve more coverage. Those are companies that have raised their dividend payouts consistently over the years — they’re dividend royalty, as it were. As a group, they have performed well in the long term. And they held up well in 2022, a year in which broad indexes fell into a bear …

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Microsoft Prepares to Go to Battle With FTC Over Activision Deal

Microsoft Prepares to Go to Battle With FTC Over Activision Deal

Microsoft corporation MSFT -1.73% has signaled that it plans to contest the Federal Trade Commission’s lawsuit to block its $75 billion deal for Activision ATVI -0.38% Blizzard Inc., and is expected to argue that it is an underdog in game development. The personal computing company has been publicizing its position for months, saying the acquisition …

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FTX’s Sam Bankman-Fried Charged With Criminal Fraud, Conspiracy

FTX’s Sam Bankman-Fried Charged With Criminal Fraud, Conspiracy

FTX founder Sam Bankman-Fried oversaw one of the biggest financial frauds in American history, a top federal prosecutor said in charging that the former chief executive stole billions of dollars from the crypto exchange’s customers while misleading investors and lenders. An indictment by the U.S. attorney’s office for the Southern District of New York, unsealed …

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FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive

FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive

Microsoft corporation MSFT -0.80% had been working for nearly a year to calm regulators’ concerns about the acquisition of video game developer Activision Blizzard Inc., ATVI 0.54% But the Federal Trade Commission’s lawsuit to block the deal raised questions about the company’s commitment not to shut out rivals. This week, the FTC took one of …

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WSJ News Exclusive | Apple Plans New Encryption System to Ward Off Hackers and Protect iCloud Data

WSJ News Exclusive | Apple Plans New Encryption System to Ward Off Hackers and Protect iCloud Data

Apple Inc. AAPL -1.38% plans to significantly expand its data encryption practices, a step that is likely to lead to tensions with law enforcement and governments around the world as the company continues to build new privacy protections for millions of iPhone users. The expanded end-to-end encryption system, an optional feature called Advanced Data Protection, …

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They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire

They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire

The emerging picture suggests FTX wasn’t simply felled by a rival, or undone by a bad trade or the relentless fall this year in the value of cryptocurrencies. Instead, it had long been a chaotic mess. From its earliest days, the firm was an unruly agglomeration of corporate entities, customer assets and Mr. Bankman-Fried himself, …

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GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

Ryan Cohen is the face of an investing revolution that captivated amateur traders, punished Wall Street and favored memes over fundamentals. Many of his other bets belong to a more conservative playbook. The 37-year-old billionaire, who made his fortune with online pet retailer Chewy Inc., CHWY -0.12% gained fame during a period of market frenzy …

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How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain

How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain

In a matter of days, Sam Bankman-Fried has gone from crypto hero to villain. An outwardly genial 30-year-old commonly referred to as SBF, Mr. Bankman-Fried was until this week the industry’s leading champion. His firm’s finances were opaque, but he seemed to be an open book on Twitter and in scores of media interviews. Bill …

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Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’

Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’

A month before Magnus Carlsen and 19-year-old American grandmaster Hans Moke Niemann found themselves battling each other at the center of a high-profile chess cheating scandal, they were two guys pushing pawns on the beach in Miami. Hanging around for a tournament promotion, they played on a board in the sand, watched by only a …

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