Megacorporations Watch Thread

[firestar464]

'See How This Works?': Trump Drops Cases Against Corporations That Funded His Inauguration

https://www.commondreams.org/news/trump ... auguration

[firestar464]

[weatheriscool]

They'd rather rule as barons in hell then serve in a first world advance society. it is sick.

[firestar464]

They want advances to be exclusively controlled by themselves

[firestar464]

Deleting Tech Enforcement

https://www.citizen.org/article/deletin ... on-report/

[zzz]

Deleting Tech Enforcement

https://www.citizen.org/article/deletin ... on-report/

Bend the neck or...

[zzz]

Constant backflipping will kill most of the industry.

[wjfox]

[weatheriscool]

[firestar464]

Amazon to pay $2.5 billion to settle FTC allegations it duped customers into enrolling in Prime

https://www.msn.com/en-us/money/compani ... r-AA1NiHMI

[weatheriscool]

Startup founders say Trump’s $100K H-1B fee is a ‘talent tariff’ that will hurt innovation
Dominic-Madori Davis
12:28 PM PDT · September 25, 2025
https://techcrunch.com/2025/09/25/start ... nnovation/
Amr Awadallah, founder of AI startup Vectara, had two reactions when he heard about changes to the H-1B visa program that raise the application fee for each visa to $100,000.

He was not surprised. But he was dismayed.

“I can’t afford to pay $100,000,” Awadallah told TechCrunch. He’s hired one employee on an H-1B, and while the new fee only applies to new applications, he believes it’s too high for many startups and will price them out of hiring internationally.

The H-1B visa was created to allow companies to hire skilled talent from a worldwide market for such occupations as IT and engineering. On Friday, Trump announced that the fee hike, typically paid by the employer, would increase from $2,000-$5,000 to $100,000 per application, a change that will especially be felt with the new batch of visas available in March.

Immigration is a key issue for President Trump, who, even dating back to his 2016 campaign run, accused companies of using the H-1B to take jobs from U.S. citizens.

[wjfox]

Video gamer Electronic Arts to be acquired for $52.5 billion in largest-ever private equity buyout

Updated 3:19 PM GMT+1,
September 29, 2025

Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.

The private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF, and Affinity Partners will pay EA’s stockholders $210 per share. The companies value the deal at about $55 billion, including debt. Affinity Partners is run by President Donald Trump’s son-in-law, Jared Kushner.

PIF, which was already the largest insider stakeholder in Electronic Arts, will be rolling over its existing 9.9% stake in the company.

The commitment to the massive deal is inline with recent activity by Saudi Arabia’s sovereign wealth fund, wrote Andrew Marok of Raymond James.

“The Saudi PIF has been a very active player in the video gaming market since 2022, taking minority stakes in most scaled public video gaming publishers, and also outright purchases of companies like ESL, FACEIT, and Scopely,” he wrote. “The PIF has made its intentions to scale its gaming arm, Savvy Gaming Group, clear, and the EA deal would represent the biggest such move to date by some distance.”

https://apnews.com/article/ea-electroni ... 758aaa6900

[firestar464]

Apple may be forced to allow rival app stores in UK

https://www.bbc.com/news/articles/c04gz1wx706o.amp

[firestar464]

[caltrek]

[wjfox]

Nvidia hits new milestone as world's first $5tn company

29 October 2025, 16:31 GMT

Nvidia has hit a new milestone, becoming the first company in the world to reach a market value of $5tn (£3.8tn).

The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan, as euphoria about the potential of artificial intelligence keeps driving demand for its chips and propelling its stock to record highs.

The company reached a market value of $1tn for the first time in June 2023 and hit the $4tn valuation mark just three months ago.

Shares in the chip-maker rose as much as 5.6% to more than $212 on Wednesday morning, boosted by investor optimism about Nvidia's sales in China, which has been a geopolitical flashpoint.

The world's most valuable company - the biggest winner in the AI spending spree - has soared past its rivals in the technology sector.

https://www.bbc.co.uk/news/articles/cp8e970vn5vo

[weatheriscool]

[firestar464]

[weatheriscool]

[firestar464]

Paramount launches a hostile takeover bid for Warner Bros. Discovery

https://www.msn.com/en-us/money/compani ... r-AA1RWkfd