
US FTC eyes options after Microsoft/Activision loss, source says
WASHINGTON The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid
2023-07-18 04:17

Black Knight-ICE Merger Hopes Fueled by Unit Sale Ahead of FTC Fight
Shares of Black Knight Inc. drew closer to Intercontinental Exchange Inc.’s takeover offer as Wall Street bolstered bets
2023-07-18 03:25

Microsoft Clears Another Hurdle as Court Halts UK Veto Case
Microsoft Corp.’s once seemingly doomed $69 billion bid for Activision Blizzard Inc. gained more momentum on Monday after
2023-07-18 01:47

Microsoft and UK regulators want more time to work on $69 billion Activision deal
Microsoft and British regulators sought more time from a court Monday as the U.S. tech company uses a rare second chance to overcome opposition to its $69 billion bid for video game maker Activision Blizzard
2023-07-18 00:27

Microsoft, UK ask for two-month pause of appeal over Activision deal
By Sam Tobin LONDON Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block
2023-07-17 23:51

Stock market today: Wall Street drifts as stocks worldwide stall after weak Chinese data
Wall Street is drifting, as stocks worldwide stall following the latest signal that the world’s second-largest economy is flagging
2023-07-17 22:25

Xbox and PlayStation sign major deal on the future of Call of Duty – as Activision deal gets closer
Microsoft will keep Call of Duty on PlayStation after it buys the series’ developer, according to a new deal signed with PlayStation. The Xbox and PlayStation makers have been engaged in a sometimes angry war in recent months, as Microsoft attempts to buy Activision Blizzard, the developer of games including Call of Duty. PlayStation’s objections centre around the fact that the deal would give Microsoft too much control over the gaming market, given the dominance of Call of Duty among players on consoles. Those objections have led to legal hearings, as well as opposition from regulators and competition authorities. At times, those legal objections have looked to derail the deal, which would be the biggest ever gaming acquisition if it is completed. But it now looks to be moving forward, after Microsoft announced that it had signed a “binding agreement” to make the games available on other consoles when the deal is complete. The deal could further ease regulators concerns about what would happen to the game as well as the broader console and gaming market if the deal goes ahead. It is the latest piece of good news for Microsoft, which won a legal case last week against objections from the US Federal Trade Commission, and looks to be moving towards closing the deal. “We are pleased to announce that Microsoft and PlayStation have signed a binding agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard. We look forward to a future where players globally have more choice to play their favorite games,” said Phil Spencer, Microsoft’s head of Xbox, in a tweet. And Microsoft President Brad Smith said in a tweet, “Even after we cross the finish line for this deal’s approval, we will remain focused on ensuring that Call of Duty remains available on more platforms and for more consumers than ever before.” The FTC had argued the deal would hurt consumers whether they played video games on consoles or had subscriptions because Microsoft would have an incentive to shut out rivals like Sony. To address the FTC’s concerns, Microsoft had earlier agreed to license “Call of Duty” to rivals, including a 10-year contract with Nintendo, contingent on the merger closing. Additional reporting by agencies Read More Battery breakthroughs are about to trigger a transport revolution ‘Hostile states using organised crime gangs as proxies in the UK’ Powerful solar flare to disrupt communications, Russians warn
2023-07-17 22:19

ICE buyout target Black Knight sells a second unit to ease antitrust path
(Reuters) -U.S. mortgage data vendor Black Knight will sell its Optimal Blue business for $700 million, shedding a second unit
2023-07-17 22:18

HyperX Announces Exclusive Collaboration with Team Liquid for Custom “Blue” Mascot Keycap
FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Jul 17, 2023--
2023-07-17 21:18

Microsoft and Activision Watch Hurdles to $69 Billion Deal Fall
Microsoft Corp. and Activision Blizzard Inc. — the video-game empire it’s seeking to take over in a $69
2023-07-17 20:53

Wall St set for lower open as investors await more earnings
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -Wall Street's main stock indexes were on course for a lower
2023-07-17 20:45

Biggest Twitch records: Pro streamers Kai Cenat, Ludwig and Ninja made it to the list
Here are some of the most prominent records achieved by creators on the Amazon-owned streaming platform Twitch
2023-07-17 19:22
You Might Like...

Adriana Chechik takes a jibe at Amouranth during a stream: 'No respect for her'

Sony, Tencent Increase Holdings in Elden Ring Maker to Over 30%

Sam Bankman-Fried’s Favorite Video Game Is Shutting Down

Naruto x Boruto Ultimate Ninja Storm Connections: Everything We Know so Far, Is There a Release Date?

Pokémon Scarlet and Violet Cyber Monday 2022 Deals

Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner

Bed Bath & Beyond to cut jobs, close stores in bid to reverse losses

Can You Spot the Sheep Among the Santas?