Tech

Commerce Department adds 33 Chinese companies to red flag list

The Biden administration is raising red flags about 33 Chinese companies whose legitimacy it cannot verify, imposing new restrictions on their ability to receive shipments from U.S. exporters and requiring extra diligence from American companies that want to do business with them.

Varney: Zuckerberg is running Facebook ‘into the ditch’

FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co." Friday, argued that Facebook CEO Mark Zuckerberg is running his company “into the ditch” after the value of his business dropped by $251 billion. 

Microsoft-Activision deal to be reviewed by Federal Trade Commission

Microsoft Corp.’s proposed acquisition of Activision Blizzard Inc. will be reviewed in the U.S. by the Federal Trade Commission, placing the fate of the roughly $75 billion deal in the hands of an agency whose leader has questioned acquisitions by powerful technology companies.