Oculus Facebook account row prompts German competition probe

Facebook is under investigation by German officials over its virtual reality headset, the Oculus Quest. The Oculus Quest 2 requires a Facebook account to work, something widely criticised by reviewers and VR fans. Germany’s competition authority now says that requirement could be an abuse of Facebook’s dominant market position. “We intend to examine whether and […]

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Astrazeneca takes £13bn loan to fund Alexion deal

Astrazeneca shares fell 5.2 per cent in early trading today as the pharmaceuticals giant revealed it will take out a £13billion bridging loan to finance its blockbuster takeover of Alexion Pharmaceuticals. The FTSE 100 company, which developed a coronavirus vaccine with Oxford University, has signed a £29billion cash-and-shares deal to buy the Boston-based rare diseases […]

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