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Bulletins

El Salvador's bitcoin partner doesn't have basic licenses

El Salvador's President Nayib Bukele recently pushed through a law making the country the first in the world to adopt bitcoin as legal tender. But there's a problem: A company it is relying on doesn't have the required U.S. licenses.

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EA pays $1.4 billion to acquire another mobile game developer

Electronic Arts announced Wednesday it has agreed to acquire Playdemic, the maker of the popular mobile game Golf Clash, from Warner Bros. Games for $1.4 billion in cash. The deal marks EA's second major mobile acquisition in six months, following its decision in February to acquire Glu Mobile for $2.1 billion.

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Bitcoin has erased its 2021 gains

Bitcoin has fallen bellow $30,000 for the first time since January and could soon turn negative for the year. The cryptocurrency fell 11% between Monday and Tuesday to a low of $29,140.96, according to data from CoinDesk.

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The EU opened a Google ad tech antitrust investigation

The European Commission opened an antitrust investigation into Google's ad business, it announced Tuesday. The regulator is looking into whether Google favors its own ad tech services "to the detriment of competing providers of advertising technology services, advertisers and online publishers." It's also examining whether Google distorts competition by restricting third-party access to user data.

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