The Biggest Deal In Gaming Is Under Fire From U.S. Senators

The Biggest Deal In Gaming Is Under Fire From U.S. Senators

Four U.S. senators have torpedoed Microsoft’s $69 billion deal for Activision. They believe that the consolidation of the high-tech industry and corporate culture of gender misconduct at Activision could expand by the transaction. Democrat senators think that the planned takeover could undermine employees’ calls for accountability over alleged gender and sexual harassment at the game developer.…

US Senators Propose a More Nuanced Take on Cryptocurrency Regulations

US Senators Propose a More Nuanced Take on Cryptocurrency Regulations

U.S. Senators Ron Wyden (D-OR), Cynthia Lummis (R-WY) and Pat Toomey (R-PA) introduced an amendment to the $1 trillion Infrastructure Investment and Jobs Act (IIJA) yesterday to address concerns with its proposed cryptocurrency regulations. Cryptocurrency isn’t the central focus of IIJA—the bill’s main purpose is funding improvements to U.S. infrastructure—but it contains several provisions that…