Competition and Markets Authority: The UK CMA blocks Microsoft’s $68.7B Activision acquisition, citing competition and innovation concerns in the UK cloud gaming market; Microsoft plans to appeal  —  The CMA has prevented Microsoft’s proposed purchase of Activision over concerns the deal would alter the future … Lees verder op Tech Meme

Brian Fung / CNN: US senators unveil a bipartisan bill that bans kids under 13 from joining social media and requires tech companies to get parental consent for teens’ accounts  —  A new federal bill unveiled Wednesday would establish a national minimum age for social media use and require tech companies … Lees verder op Tech Meme

Christine Hall / TechCrunch: Mexico-based Clara, which sells corporate spend management tools in Latin America, raised a $60M Series B+ led by GGV, after a $70M Series B in December 2021  —  Clara, a Mexico-based spend management company, closed on $60 million in equity in a round led by GGV Capital. Lees verder op Tech Meme

Victoria Song / The Verge: Amazon shuts down its health-focused Halo division, discontinues its Halo Band, Halo View, and Halo Rise devices, and plans to lay off portions of the team  —  Amazon has decided to shutter its health-focused Halo division, The Verge has learned.  Amazon has stopped selling its three Halo products … Lees verder op Tech Meme