All right, let's now move to you
know, business headlines at this hour,
Microsoft Ceo due in court today but as the company
is defending their proposed takeover of video game company,
Activision Blizzard,
Microsoft Saa
Nadal and Activision Ceo Bobby Ko
both set to testify before a US district judge in San Francisco
that is federal regulators attempt to block that deal that proposed
$69 billion takeover would be the most expensive acquisition in tech history
elsewhere,
United Airlines under fire this after canceling hundreds
of flights that affected more than 150,000 people.
This was due to operational issues at Newark Airport.
United says the FAA actually failed the airline for ordering the cancellations.
And United Ceo Oscar Munoz apologized for the
inconvenience. He even offered some refunds and compensation. The
passengers still are furious about this
cancellations have caused chaos at airports all
over the country during one of the busiest travel periods of the year.
United now facing scrutiny from regulators and lawmakers
elsewhere.
Overstock dot com successfully acquired the intellectual property and mobile
platform of bed bath and beyond this for $21.5 million.
That after A US bankruptcy judge approved that purchase yesterday,
that bed bath and beyond plan to close its stores by the end of the
month is unaffected by this deal and bed bath and beyond separate asset by,
by baby that's going to be auctioned later
today and it's drawn interest of multiple investment
firms and is expected to go for more than Overstock dot com was sold for.