28.5 billion dollar AI acquisition case blocked, US Department of Justice launches in-depth anti-monopoly review of ServiceNow's acquisition of Moveworks.

According to the Smart Finance APP, the U.S. Department of Justice is conducting a thorough antitrust review of ServiceNow's (NOW.US) plan to acquire artificial intelligence company Moveworks for $2.85 billion. According to sources familiar with the matter, both companies have received a "second request" from the authorities, which means the government wants more information related to the proposed acquisition. Before the deal can proceed, both companies must respond to the antitrust inquiries from the authorities.