Microsoft looks to be closing in on its acquisition of Activision, after regulators in the United Kingdom signaled approval. The deal might be an example of how companies can ride out the stricter regulatory scrutiny under the Biden administration, adding to a string of blows that could leave corporate America feeling emboldened to pursue more deals. Plus, Apple’s newest iPhone went on sale around the world today, with Tim Cook opening an Apple store in New York City as part of the festivities. After three straight quarters of declining revenue and a fourth expected, the pressure is on for this launch.
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