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Technology / AI and automation

MICROSOFT-WEBTV ACQUSITION CLEARED BY JUSTICE

Microsoft Corp has finally got approval from the US Department of Justice to acquire WebTV Networks Inc, the Palo Alto pioneer of television-based internet service, which Microsoft agreed to buy for $425m at the start of April. Justice said it had concluded a thorough investigation and decided the acquisition would not violate any anti-trust laws and would not challenge the deal.

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CBR Staff Writer

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