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European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.
Proposed merger partners Live Nation Inc. and Ticketmaster Entertainment Inc. both said Monday that their earnings were hurt by costs related to the deal, which is expected to drag into 2010 as regulators explore antitrust concerns.
Google Inc. is buying mobile advertising network AdMob for $750 million, underscoring the Internet search leader's determination to ensure its marketing machine reaches the growing number of people surfing the Web on phones.
The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc , throwing the $7 billion deal into question.
Emulex Corp., which makes data storage equipment, said Monday it has filed a lawsuit against chip designer Broadcom Corp., alleging violations of federal antitrust laws.
The deal, which has already received United States approval, is facing tougher hurdles in Europe, Reuters reports. The European Commission has objected to Oracle acquisition of Sun, citing a threat to competition, bringing the $7 billion deal into question.
Google is somewhat new to the mobile operating system and mobile device markets, but one market it understands, arguably better than any other entity, is online advertising. So, there is reason to raise an eyebrow when Google throws down $750 million to purchase a company like AdMob that is focused on mobile advertising.
The statement comes as Sun says in a regulatory filing that the European Commission has objected to the deal.
AdMob is a developer of technology that plops ads into cellphone applications. Google Inc. took another major step in its quest to ensure that wherever consumers go -- whether to their laptops to search sports scores or videos or to their phones to find a restaurant -- advertisers will be there too.
The CEO of American Airlines is putting pressure on Japan Airlines to keep its alliance with American and ignore a competing bid from Delta Air Lines Inc.
Nov. 10 (Bloomberg) -- Oracle Corp. , the world’s biggest database software maker, was told by European Union regulators that its $7.4 billion purchase of Sun Microsystems Inc. may break antitrust rules even though the U.S. approved the deal.
Oracle was told by European Union regulators that its $7.4 billion purchase of Sun Microsystems might break antitrust rules.
Commission highlights lack of competition in database space The EC has formally objected to Oracle's planned acquisition of Sun saying the deal would harm competition in the database market.
Abortion has become one of the fiercest fights in the health care reform battle, largely due to the doggedness of a congressman little known outside Michigan -- Bart Stupak.
European regulators have formally objected to Oracle's acquisition of Sun Microsystems. Oracle vows to fight the conclusion.
The company says it will “vigorously” fight the European Commission’s antitrust objections to its $5.6 billion bid for Sun Microsystems.
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