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Elizabeth Warren’s plan to regulate tech giants would force Facebook to break up with WhatsApp and Instagram (FB)

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Massachusetts Democratic Senator Elizabeth Warren just announced a new plan for regulation that would break up tech firms such as Facebook, Amazon, and Google. Under the plan, some acquisitions such as Facebook’s purchase of WhatsApp and Instagram and Amazon’s acquisition of Whole Foods would be rolled back. Senator Warren announced the proposal in a campaign...
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Elizabeth Warren’s plan to break up tech giants would force Amazon to roll back its acquisition of Whole Foods

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  Elizabeth Warren’s proposed plan to break up American tech giants would roll back Amazon’s acquisition of Whole Foods, along with some other massive tech deals.  “Unwinding these mergers will promote healthy competition in the market  —  which will put pressure on big tech companies to be more responsive to user concerns, including about privacy,”...
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Newmont Mining rejects Barrick Gold’s $17.8 billion hostile-takeover bid (NEM, GOLD)

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Barrick Gold’s hostile takeover bid for Newmont Mining was rejected on Monday. Barrick Gold proposed the $17.8 billion deal last week in what would have created the world’s largest gold producer.  Watch Barrick Gold and Newmont Mining trade live. Newmont Mining‘s board of directors on Monday rejected Barrick Gold‘s $17.8 billion hostile takeover bid. The offer would have created...
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A ‘boxing match with the SEC is the last thing investors wanted’: Here’s what Wall Street is saying about Elon Musk’s latest battle with the SEC (TSLA)

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Wall Street analysts reacted to the Securities and Exchange Commission’s motion filed Monday evening that directed a federal judge to hold Tesla CEO Elon Musk in contempt of court over a tweet. “Another boxing match with the SEC is the last thing investors wanted to see,” one analyst said. Tesla shares fell in pre-market trading Tuesday....
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Goldman Sachs’ partnership with Apple could move it a step closer to being a ‘bank branch in your pocket’ (AAPL)

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Apple and Goldman Sachs are preparing to launch a co-branded credit card later this year, the Wall Street Journal reported last week.  The card will be tied to new iPhone features, the newspaper said, leading experts to surmise that this is the computer giant’s most aggressive move yet into financial services.  By designing the credit...
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