Amazon won't be making a bid for Electronic Arts

CNBC reports that Amazon won't be making a bid for Electronic Arts. PC Credit: Google

[{"selector":"#anim-97787598-5710-4e83-97f8-02cb629da87a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ebd0f9a2-1d26-435c-bb62-63b18bb89e6c","keyframes":{"transform":["translate3d(0px, -98.59963%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22330bb0-29a7-489f-b07c-a5db2e2c8e76","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7302167b-0033-48b4-8471-85d7bbbef4b9","keyframes":{"transform":["translate3d(118.33334%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] According to CNBC on Friday, Amazon.com Inc (AMZN.O) is not anticipated to make an offer for Electronic Arts Inc (EA.O). PC Credit: Google

[{"selector":"#anim-81c42a3a-07d5-4521-9fc5-aa14a7b72fe2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab7e244d-cebe-4fbe-8acd-1933facd56e5","keyframes":{"transform":["translate3d(0px, -100.04592%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c72625ca-1e54-49f9-8062-cbb6ff4c84ae","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d8c7834f-35ed-4a21-917f-f3643528e1f3","keyframes":{"transform":["translate3d(125.47529%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Citing sources, the article refuted a previous rumour that the online giant will launch a bid for the videogame publisher today. PC Credit: Google

[{"selector":"#anim-99c09464-c1b0-47f9-a10e-8c190fe1a9f6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b938e991-f559-41a6-b8b7-8bf516ed9386","keyframes":{"transform":["translate3d(0px, -99.83931%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ffdd36d5-aa9b-4d1a-9f96-53cd45261649","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8455cead-ac8b-4a0e-8719-595e1f22d60d","keyframes":{"transform":["translate3d(115.56292%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Following the article from USA Today on Amazon's acquisition offer for the owner of "FIFA" and "Apex Legends," EA shares increased 15% in premarket trading. PC Credit: Google

[{"selector":"#anim-fc95bd3f-e2a5-4941-b3b6-bb82be770bf2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b979d1c6-a19d-4727-9a8e-fd9d6b2c505c","keyframes":{"transform":["translate3d(0px, -100.25252%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fd8b76e8-6334-461b-8f13-96c9e9c2f9e4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74dc07c1-f63b-4e39-abc1-0e74576cb5ad","keyframes":{"transform":["translate3d(128.73564%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Later, the stock's gains were cut back, and its final gain was roughly 6%. PC Credit: Google

[{"selector":"#anim-48592f6c-4ea9-4190-9822-18ce7383c66a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f3e0e2b4-83f9-49ab-98d8-4cd7b91c54a7","keyframes":{"transform":["translate3d(0px, -98.59963%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-930cd325-d9b2-4bef-8d8b-3d03a123cc6d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d653f262-1d50-4aec-89b9-fa2581012aba","keyframes":{"transform":["translate3d(131.48148%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Amazon, which has a cash reserve of around $37 billion, has started to make acquisitions in an effort to expand outside e-commerce. PC Credit: Google

[{"selector":"#anim-bdfb4424-a47c-4aa5-b935-e9ebe7d6d61a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c3b21cb-70af-435e-b9a5-47fae427927e","keyframes":{"transform":["translate3d(0px, -100.04592%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9d8a122d-5e42-4f48-88e0-75100507f793","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9523c9a7-20fc-4d7c-b9c7-c222c3e7a94b","keyframes":{"transform":["translate3d(124.10071%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] and cloud under Andy Jassy's new CEO PC Credit: Google

[{"selector":"#anim-4b34010a-c7ec-46eb-9d7b-53616933cd9b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d13b6b1e-9a1a-46b3-ac78-0d6e1f6ced20","keyframes":{"transform":["translate3d(0px, -98.59963%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf311bd6-2052-41b2-ae78-20985bae6d3d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c83e32de-a156-4396-907b-ea2c0fda252d","keyframes":{"transform":["translate3d(121.52779%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Its bids include one for Roomba manufacturer iRobot Corp. for $1.7 billion (IRBT.O) PC Credit: Google

[{"selector":"#anim-d3e851d3-4dae-4193-9c4a-1d045147f80e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97d152f0-51c1-4fcc-89e7-aec2b048e4f8","keyframes":{"transform":["translate3d(0px, -98.39302%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7db47c9c-4a3f-4111-a551-326ec3a0e8c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48b387b7-42b0-4b44-92d5-c27c6871b4a1","keyframes":{"transform":["translate3d(123.04965%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] One Medical will receive $3.5 billion as a primary care provider (ONEM.O). PC Credit: Google

More Stories