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Adobe shelves $20 bn Figma deal after hitting regulatory roadblocks

The cash-and-stock deal, announced in September last year, was the latest to draw tough scrutiny from regulators worried about Big Tech acquisitions that boost the market power of dominant companies or involve startups seen as nascent rivals.

US regulators wary of Big Tech swallowing startups | Money

WASHINGTON, Sept 16 US anti-trust regulators signalled Wednesday greater scrutiny of Big Tech giants’ smaller acquisitions, a potential new avenue in efforts to curb the dominance of the companies. Google’s parent Alphabet, Amazon, Apple, Facebook and Microsoft carried out hundreds of deals.

Top news of the day: Centre speeds up approval for more vaccines; Supreme Court tells States to apprise it of migrant children s condition, and more

The top court impleaded all the States on March 8 and issued notice on the plea filed by the Child Rights Trust and a Bengaluru resident seeking directions for the protection of the fundamental rights of migrant children amidst the COVID-19 pandemic. The poll panel said it had received a complaint from All-India Trinamool Congress MP Derek O’Brien about the speech that was “an open threat” to Bengal and its people. Referring to the Central forces firing on a mob on polling day on April 10 in Sitalkuchi, Mr. Ghosh said the incident would be the start. The internal debate is also prompted by the party’s experience in Tamil Nadu, where Mr. Kishor’s organisation, the Indian Political Action Committee or I-PAC, advised the DMK, which heads an alliance in which the Congress is a junior partner. Congress insiders claim they were witnesses to a “sense of disquiet” among senior DMK leaders as “core political activities” were decided by the external agency.

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