Dave Michaels / Wall Street Journal:
Filing: the FTC is investigating Amazon’s $3.9B deal to buy One Medical — Probe adds to issues Amazon faces at antitrust enforcement agency — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other — Created with sketchtool.
Melissa Repko / CNBC:
Walmart debuts metaverse experiences Walmart Land and Walmart’s Universe of Play in Roblox, which it calls a testing ground, to try to reach younger shoppers — – Walmart is entering the metaverse with two experiences, Walmart Land and Walmart’s Universe of Play, in gaming platform Roblox.
Dave Michaels / Wall Street Journal:
The FTC says Jeff Bezos and Andy Jassy cannot avoid testifying in an ongoing investigation into Prime membership, after Amazon pushed back against the probe — Commissioners deny company’s request to quash subpoenas and pare back investigation — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other
Dave Michaels / Wall Street Journal:
Filing: the FTC opens an investigation into Amazon’s $1.7B iRobot acquisition, requesting documents from both companies; investigations typically take a year — Federal antitrust agency sought records about deal from Amazon and iRobot this week — WASHINGTON—Federal antitrust enforcers …
Melissa Repko / CNBC:
Walmart is launching a virtual try-on tool that allows shoppers to see how a clothing item would look on their own bodies without having to visit a store — – Walmart is launching a virtual try-on tool to help shoppers see how a shirt, dress or another clothing item would look on their own body.
Foo Yun Chee / Reuters:
Sources: EU antitrust regulators plan to open a full-scale investigation into Broadcom’s proposed $61B VMware acquisition — U.S. chipmaker Broadcom (AVGO.O) is set to face a setback in its $61 billion bid for cloud computing company VMware (VMW.N) with EU antitrust regulators poised to open …
Manish Singh / TechCrunch:
India’s Enforcement Directorate searched the offices of Paytm, Razorpay, and Cashfree on Friday as part of an investigation into fraudulent Chinese loan apps — India’s financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday …
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