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☆ Microsoft Says It Could Abandon Activision Deal if Judge Delays It
▼ + stars: | 2023-06-22 | by ( Kellen Browning | David Mccabe | ) www.nytimes.com time to read: +2 min

On Wednesday, it sued Amazon over allegations that the company tricked users into signing up for its Prime subscription service. has had setbacks: Its challenge to Meta’s purchase of a virtual reality start-up fell apart this year after a judge declined to stop the deal from closing. But that court does not have the legal authority to stop the deal. asked the federal court to step in this month, saying it feared Microsoft would try to complete the deal despite the legal challenges. would be a sign that its broader challenge has legs, and could put new pressure on Microsoft and Activision to reconsider the multibillion-dollar corporate marriage.

Persons: Wilkinson, ”, Jim Ryan, Meta, Microsoft’s, Corley’s Organizations: Microsoft, Activision, Nintendo, Nvidia, PlayStation, Sony, Amazon

☆ Factbox: Potential outcomes of FTC legal bids to block Microsoft-Activision deal
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +2 min

The first fight will be in federal court in California, beginning on June 22 and running until June 29. Here are four potential outcomes of the California hearing:* Judge Jacqueline Scott Corley may grant the preliminary injunction and the companies terminate. The FTC lost in federal court and dropped the internal FTC challenge. That can be appealed to a federal appeals court. The next stop after that would be a federal appeals court.

Persons: Jacqueline Scott Corley, Corley, Michael Chappell, Lina Khan, Chappell, Khan, Diane Bartz, Matthew Lewis Organizations: Microsoft, Activision, DirecTV, Federal Trade Commission, FTC, Meta, Thomson Locations: California, Illumina's, Washington

The private plaintiffs sued Microsoft in California federal court in December to enjoin the deal, which they called harmful to competition. Corley pushed back on the gamers' allegation that Microsoft would limit availability of the game. A lawyer for the gamers said on Monday they will press on with their challenge to the deal despite losing this preliminary round. Corley dismissed the gamers' first lawsuit in March, ruling that plaintiffs had not offered adequate factual support for claims that the deal would violate U.S. antitrust law. The case is DeMartini v. Microsoft Corp, U.S. District Court, Northern District of California, No.

☆ There's an unusual decline in housing inventory that's preventing home prices from falling further
▼ + stars: | 2023-04-28 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

New listings of homes for sale are down more than 20% nationwide, according to Redfin. "The lack of new listings is driving an unseasonal decline in the total number of homes for sale." Nearly half of homes on the market sell within two weeks, the highest portion in almost a year. "The lack of new listings is driving an unseasonal decline in the total number of homes for sale." "High mortgage rates have caused some homebuyers to bow out of the market," Redfin deputy chief economist Taylor Marr said.

Bischoff died on Tuesday of natural causes, a close relative, who asked not to be named, told Reuters on Wednesday. A former chairman of Lloyds Banking Group (LLOY.L), Citigroup (C.N) and more recently JP Morgan Securities (JPM.N), Bischoff had also been CEO of Schroders (SDR.L). Robert Swannell, former chairman of Marks & Spencer, who worked with Bischoff for 33 years at Schroders and later Citi, said he would profoundly mourn his friend and colleague. The deal was hailed as a huge success for Bischoff's leadership team, having started with a business worth just a fraction of the 1.3 billion pounds price Citi later paid. He returned to JP Morgan as chairman of JP Morgan Securities the same year.

U.S. District Judge Jacqueline Scott Corley dismissed the plaintiffs' first complaint in March after finding it failed to present enough information to back claims the acquisition would harm industry competition. The judge said at the time the plaintiffs could refile a new suit, which challenges the largest-ever video game industry deal. Lawyers for Microsoft said in a court filing last week that the gamers' original case "relied largely on flawed legal arguments based on outdated Supreme Court cases." The plaintiffs' lawyers have served subpoenas on companies including Activision and rivals including Nintendo of America Inc and Sony. The case is Demartini v. Microsoft, U.S. District Court, Northern District of California, 3:22-cv-08991-JSC.

"Plaintiffs' general allegation that the merger may cause 'higher prices, less innovation, less creativity, less consumer choice, decreased output, and other potential anticompetitive effects' is insufficient," wrote U.S. District Judge Jacqueline Corley. The decision does not affect the U.S. Federal Trade Commission's (FTC) regulatory challenge to the largest-ever gaming industry deal. Microsoft announced its bid last year, and it also faces competition scrutiny in the EU and UK. A spokesperson for Microsoft and lawyers for the company did not immediately respond to messages seeking comment. The case is Demartini v. Microsoft Corp, U.S. District Court, Northern District of California, 3:22-cv-08991.

☆ I spent 5 years interviewing 233 millionaires—here's the No. 1 career move that made them rich
▼ + stars: | 2023-02-22 | by ( Tom Corley | ) www.cnbc.com time to read: +3 min

I spent five years studying the habits of 233 millionaires to learn about their habits and the way they think. Some left to start their own businesses, while others found lateral roles that offered more growth opportunities and a higher salary. The millionaires in my study often felt like they were always doing "zombie work" — boring, repetitive tasks that didn't showcase their strengths and talents. After months of job interviewing, he landed an offer at a competitor firm, where he rose up the ladder and became a partner. She took another job at a New Jersey-based company in the pharmaceutical industry, and it paid off.

☆ Boies, co-counsel move to grab control of all private FTX cases
▼ + stars: | 2023-02-13 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Judicial Panel on Multidistrict Litigation, that the judge overseeing their Miami cases, U.S. District Judge Michael Moore, has already proven in their brand ambassador cases that he can steer FTX cases quickly and efficiently. Not everyone pursuing claims on behalf of FTX customers agrees with Boies and Moskowitz. (To be clear, these private cases are different from cases that could be brought by a court-appointed receiver or trustee in FTX’s Chapter 11 bankruptcy.) If the cases go to California, the California slate is a likelier candidate. It will be a few months before any ruling on the Boies and Moskowitz consolidation petition.

☆ Dave & Buster's co-founder James 'Buster' Corley has died of apparent suicide, officials say
▼ + stars: | 2023-01-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Corley co-founded entertainment chain Dave & Buster's in 1982. A representative for Dave & Buster's provided WFAA with a statement on Corley's death. The first Dave & Buster's was opened in Dallas by Corley and his business partner David "Dave" Corriveau in 1982, according to a previous report from Insider. Despite the dubious past of Buster's, Corley says the bar made his huge success of Dave & Buster's possible. Dave & Buster's has opened over 140 locations across the US since its founding.

☆ Dave & Buster’s Co-Founder James Corley Dies at 72
▼ + stars: | 2023-01-04 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

James “Buster” Corley, one of the co-founders of the Dave & Buster’s restaurant and arcade chain, has died. He was 72 years old. His death was confirmed Wednesday by a spokesman for Dave & Buster’s Entertainment Inc. The spokesman didn’t give a cause of death.

☆ Dave & Buster's co-founder, James 'Buster' Corley, dies at 72
▼ + stars: | 2023-01-04 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

James “Buster” Corley, the co-founder of popular arcade restaurant chain Dave & Buster’s, has died, the company said. Dave & Buster’s remembered Corley as “an innovative and creative force.”“His pioneering spirit and steadfast belief that ‘everybody is somebody’ set the foundation for bringing food and games to millions of Dave & Buster’s guests over the past 40 years. The Dallas County Medical Examiner's Office confirmed Corley died Monday, but a cause and manner of death was not available Wednesday afternoon. His family told ABC affiliate WFAA of Dallas that the man described in the Monday police incident was Corley. “Buster Corley had a stroke four months ago that caused severe damage to the communication and personality part of his brain,” Kate Corley, Corley's daughter, told the news station.

☆ Dave & Buster's founder James 'Buster' Corley dies in apparent suicide
▼ + stars: | 2023-01-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —James “Buster” Corley, co-founder of the popular restaurant and entertainment chain Dave & Buster’s, has died. Dave & Busters said that Corley was an “innovative and creative force” in a statement confirming his death. Nearby, David Corriveau operated an “outrageous place for entertainment and games,” according to the company’s website. After noticing that customers would frequent both places, the entrepreneurs teamed up to create the first Dave & Buster’s in Dallas, combining arcade games and food. Dave & Buster’s became a publicly traded company in 2014 and has 150 locations in the United States.

☆ Fact Check-Boston University hybrid COVID virus kills 80% of mice, not people
▼ + stars: | 2022-10-25 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

The authors then infected different sets of transgenic mice designed to be susceptible to SARS-CoV-2 with one of the three strains: Omicron, the ancestral virus, or the Omi-S hybrid virus (here). In the study, 100% of mice infected with the ancestral virus strain died, while 80% of those infected with Omi-S died, and none of the mice infected with Omicron died. Others shared the claim that the Omi-S had an “80% kill rate,” without specifying whether this referred to mice or humans. The ancestral virus (the viruses as they were when introduced in Europe and the US) in this mouse model kills 100% of the animals. Early in the pandemic, the fatality rate of the ancestral virus for people in a multicountry European analysis was estimated at about 4% (here).

☆ I spent 5 years interviewing 233 millionaires—here are the 6 habits that made them ultra wealthy
▼ + stars: | 2022-10-09 | by ( Tom Corley | ) www.cnbc.com time to read: +3 min

I spent five years studying the habits of 233 millionaires — 177 of them were self-made — to find out how they make use of their time. Self-made millionaires are constantly learning. In my study, 86% of self-made millionaires worked an average of 50 hours or more a week. Self-made millionaires dream big. Self-made millionaires make their own luck.

☆ I spent 5 years interviewing 225 millionaires. Here are the 4 types of rich people and their top habits
▼ + stars: | 2022-07-31 | by ( Tom Corley | ) www.cnbc.com time to read: +1 min

In 2004, I set out to conduct a five-year "Rich Habits" study to explore how the world's wealthiest people think about their money. Each of the 225 millionaires I interviewed fell into one of four categories:Saver-Investors: No matter what their day job is, they make saving and investing part of their daily routine. Virtuosos: They are among the best at what they do, and they're paid a high premium for their knowledge and expertise. The Saver-Investor route requires the least amount of risk — at least compared to pursuing an entrepreneurial dream or artistic passion. But 88% of the millionaires I interviewed said that saving in particular was critical to their long-term financial success.

Persons: they're

☆ 11 tax deductions you won't want to forget about this year
▼ + stars: | 2020-04-09 | by ( Caroline Lupini | Freelance Reporter | ) www.businessinsider.com time to read: +9 min

Tax deductions like medical expenses, mortgage interest, and, in some cases, college tuition can help reduce your overall tax bill. Note that these types of tax deductions apply only if you're itemizing your taxes instead of taking the standard deduction, which increased as part of 2017 tax reform. Home-mortgage interestIf you own a home, you probably already know about this one — it's one of the most significant tax deductions available to most families. And keep in mind that you're paying both income tax and self-employment tax on your small-business income — so you've got an added incentive to make sure you're taking all the deductions you're entitled to. This is calculated separately from both the personal deductions and your business expenses, and additional restrictions apply above certain income levels.

Freelancers and small business owners are smart to look ahead and get their accounting in shape well before Tax Day 2020. To make filing taxes easier, accountants recommend building smart bookkeeping practices into your everyday processes, and putting aside money for taxes sooner rather than later. If you're new to the freelancing world or you're just looking for some expert tips on improving your financial well-being come tax season, we asked accountants for the best tax advice they can give freelancers to make life a little easier. "A simple spreadsheet detailing your monthly income and expenses is perfect for freelancers," says CPA Alexis Krystina of Advance Accounting. Set aside self-employment taxes in a separate accountBrendan Willman, a CPA with Granada Tax, says self-employment taxes are the biggest surprise for new freelancers.

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