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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
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China to Launch Probe Into Comcast-DreamWorks Deal

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September 2, 2016, 3:09 AM ET
US-ENTERTAINMENT-MERGER-COMCAST-DREAMWORKS
The exterior of DreamWorks Animation in Glendale, California is seen April 28, 2016. DreamWorks Animation, the studio behind family blockbusters "Kung Fu Panda" and the Oscar-winning "Shrek," is being snapped up by US entertainment and cable giant Comcast in a $3.8 billion deal announced today. / AFP / ROBYN BECK (Photo credit should read ROBYN BECK/AFP/Getty Images)ROBYN BECK/AFP/Getty Images
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China will launch an anti-monopoly investigation into Comcast’s purchase of DreamWorks Animation after receiving complaints that the deal could hurt competition in the Chinese market.

“Recently MOFCOM received complaints regarding Comcast’s decision to buy out DreamWorks, claiming that the deal would hurt competition in the Chinese market,” Shen Danyang, spokesman for the Ministry of Commerce (MOFCOM) told reporters on Friday.

See also: Tim Cook Slams EU-Apple Tax Bill As ‘Total Political Crap’

For more on Comcast, watch Fortune’s video:

“MOFCOM will investigate this complaint case based on anti-monopoly laws,” he said.

Comcast (CMCSA) said in April it would buy DreamWorks Animation (DWA) for $3.8 billion. DreamWorks, producer of the “Kung Fu Panda” and “Shrek” franchises, was one of the first Hollywood studios to open a production studio in China.

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