mergers and acquisitions
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Monopoly-Busting Guidelines to Get Updated in the U.S., Could Trickle Down Under
In the wake of legal turmoil that has stalled—but not prevented—a merger between Microsoft and Activision, the Biden administration has opted to revisit the guidelines that the Justice Department and Federal Trade Commission will use to assess mergers and acquisitions under the lens of federal antitrust laws. The Department of Justice announced the update in…
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Epic Games Acquires Harmonix, Puts it to Work Making Musical Events For Fortnite
Epic Games has announced it will acquire Rock Band and Fuser developer Harmonix. Harmonix becomes the latest studio to join Epic’s growing stable as it continues its year-long streak of acquisitions. Harmonix is famous for creating the Guitar Hero franchise at Activision and birthing the wave of band-based rhythm games that dominated the late 2000’s. Its Rock Band franchise, created after…
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Almost Anyone Could Outrun This Bipedal Robot in a 5K — For Now
In a first, Oregon State University says its bipedal robot Cassie managed to go from the couch to a 5K in 53 minutes. It’s an impressive feat of machine learning and robotics engineering, but as far as 5Ks go, I wouldn’t worry about having to outrun killer humanoid robots just yet.