Billion
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Business
U.S. Sues to Block Amgen’s $27.8 Billion Takeover of Horizon Therapeutics
Federal Trade Commission on Tuesday be sued for a block He argued that Amgen’s $27.8 billion acquisition of pharmaceutical company…
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Business
Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders
Wells Fargo is set to settle a class-action lawsuit accusing the bank of overstating how much progress it has made…
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Business
E.U. Approves Microsoft’s $69 Billion Deal for Activision
Microsoft’s $69 billion bid to acquire video game company Activision Blizzard came Monday after European Union regulators approved it to…
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Business
The $69 Billion Microsoft-Activision Deal Faces a Big E.U. Test
Will Europe bog down the future of Microsoft’s big deals? European antitrust regulators are set to consider Microsoft’s $69 billion…
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Gaming PC
China Poured Nearly $2 Billion Into Its Own Semiconductor Industry Last Year
The Chinese government aims to break out of US technological sanctions using one of the oldest tricks in the book.…
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Gaming PC
U.S. Bitcoin Mining Consumed 50 Billion kWh of Energy in 2022
Since that fateful day, there has been a river of ink written about every aspect of cryptocurrency Bitcoin white paper…
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Video Games
Hogwarts Legacy Has Amassed Over $1 Billion
Hogwarts Legacy has now sold 15 million copies and earned over $1 billion, and that number is expected to increase…
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Business
Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices
Shell, Europe’s largest energy company, said Thursday that its first-quarter profit rose 6% to $9.6 billion. Adjusting for items such…
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Technology
Generative A.I. Start-Up Cohere Valued at About $2 Billion in Funding Round
Toronto artificial intelligence startup Cohere has raised $250 million in a new round of funding, two people familiar with the…
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Business
Ford Reports $1.8 Billion Profit in Quarter
Ford Motor Co. made a profit of $1.8 billion in the first three months of 2023 as a result of…
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