As followers of my Forbes channel may have spotted, premium home video download service Kaleidescape has today (November 18) announced a new more affordable and more compact storage option for its elite home video server service. This new Mini…
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US states can intervene to challenge HPE’s $14 billion Juniper acquisition
Nov 18 (Reuters) – A group of U.S. states can intervene in a case over Hewlett-Packard Enterprise’s (HPE.N) $14 billion acquisition of Juniper Networks (JNPR.MX), which the U.S. Department of Justice has proposed to settle and let the deal move forward, a judge said during a hearing on Tuesday.U.S. District Judge Casey Pitts in San Jose, California said Colorado and other states can weigh in on the deal, but did not decide whether he will probe the circumstances under which it was reached.Sign up here.
An HPE spokesperson said the company disagrees with the ruling, but is confident “that an objective examination of the facts of this case will conclude that the settlement was reached appropriately.”
Shortly after President Donald Trump took office in January, the DOJ sued to block the deal, alleging it would stifle competition and lead to only two companies – Cisco Systems (CSCO.O) and HPE – controlling more than 70% of the U.S. market for networking equipment.The DOJ agreed to drop its claims in June ahead of a scheduled trial in exchange for HPE agreeing to license some of Juniper’s AI technology to competitors and sell off a unit that caters to small and mid-sized businesses.
Colorado and a group of states have called on Pitts to probe the role lobbyists with ties to the Trump administration played in the settlement, and whether the proposal addresses the DOJ’s initial concerns about the deal. Democratic lawmakers and some former Department of Justice attorneys have also criticized the settlement.Last week, the DOJ proposed additional terms requiring that HPE sell its Instant On wireless networking business to a viable competitor and barring HPE from buying it back for ten years.
Reporting by Jody Godoy in New York; Editing by Chris Reese, Nick Zieminski and Kevin Buckland
Our Standards: The Thomson Reuters Trust Principles.
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Oil prices fall as rising US inventories reinforce oversupply concerns – Reuters
- Oil prices fall as rising US inventories reinforce oversupply concerns Reuters
- Oil prices end flat in choppy trade Business Recorder
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Singer D4vd reportedly identified as suspect in death of teen found in Tesla | Los Angeles
The singer D4vd has been identified as a suspect in the death of Celeste Rivas, a teenager who went missing and was found dead in the singer’s Tesla in September, Los Angeles police department sources told NBC4 Investigates.
The decomposed body…
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Scientists Develop AxioMed Spinal Disc Replacement That Truly Mimics Healthy Human Disc — A Game-Changer in Spine Surgery
Landmark biomechanical study shows AxioMed’s viscoelastic lumbar disc is the first implant to replicate the natural mechanical behaviors of a human disc, unlocking a new era of motion-preserving spine care.
FORT…
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Tirzepatide reveals a brain signal that predicts returning food preoccupation
A rare intracranial recording shows how a low-frequency brain signal vanished during tirzepatide-associated symptom relief and resurfaced weeks before dysregulated eating returned.
Study: Brain activity associated with breakthrough…
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Gustav Klimt portrait sells for $236.4m, making it the second most expensive artwork ever sold at auction | Art
A painting by Gustav Klimt has sold for a record-breaking $236.4m (£179.7m, A$364m) with fees, making it the second most expensive artwork ever sold at auction and the most expensive work of modern art sold at auction.
The six-foot-tall painting,…
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Famed Golden Toilet—With A Trump Connection— Fetches $12.1 million
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A solid gold toilet with an odd connection to President Donald Trump sold for $12.1 million at Sotheby’s on Tuesday night, one of a half dozen substantial pieces offered at auction this week amid a downturn in high-dollar art sales.
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Richard Gere & Oren Moverman On Dalai Lama Film ‘Wisdom Of Happiness’
Happiness is still possible, even in the midst of chaos and uncertainty, the Dalai Lama asserts in the new documentary Wisdom of Happiness.
Among those who affirm that hopeful message is Richard Gere, one of the film’s…
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Offset goes offline after Cardi B claims
Offset has deleted his Instagram after Cardi B publicly accused him of harassing her.
Page Six confirmed on Tuesday that the rapper’s profile…
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