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A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video Game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt com Pet ition. U.S. District Judge Jacqueline Scott Corley said in a ruling that the merger deserved scrutiny, noting it could be the largest in the history of the tech industry. But federal regulators were unable to show how it would cause serious harm and wouldn't likely prevail if they took it to a full trial, she wrote. The Federal Trade Commission, which enforces antitrust laws, “has not raised serious questions regarding whether the proposed merger is likely to substantially lessen competition” between video game consoles or in the growing markets for monthly game subscriptions or cloud-based gaming, Corley said. A ruling fav...

Tesla dropped the starting prices for its two top-selling models overnight, the company’s fourth price U.S. price cut this year DETROIT -- Tesla dropped the starting price s for its two top-selling models overnight, the company's fourth price cut in the U.S. this year. The company lopped $3,000, or about 6%, off the starting prices for all three versions of the Model Y small SUV, Tesla's top-seller. It also cut $2,000, or about 5%, from the starting price of a version of the Model 3 small sedan. Tesla could have cut the Model 3 price s to make more cars loaded with options eligible for the U.S. government's $7,500 electric vehicle tax credit. With options, some Model 3s would exceed the government's $55,000 price limit for cars to be eligible for the credit. But some industry analysts say demand may be slowing for the company's vehicles as more competition enters the market. Others say Tesla is using its high profit margins to take market share from competitor...