Video gamers sue to stop Microsoft's Activision Blizzard buy
2 years ago

Video gamers sue to stop Microsoft's Activision Blizzard buy

The Hindu  

A group of gamers is suing to stop Microsoft from buying video game publisher Activision Blizzard, arguing that the $68.7 billion acquisition would stifle competition and reduce consumer choice. The Federal Trade Commission earlier this month sued to block the takeover, saying it could suppress competitors to Microsoft’s Xbox game console and its growing games subscription business. Several of the plaintiffs in the private antitrust lawsuit said they play Activision Blizzard games on Sony’s PlayStation, the main rival to Microsoft’s Xbox. In response to the lawsuit, Microsoft said Wednesday that the merger “will expand competition and create more opportunities for gamers and game developers as we seek to bring more games to more people.” Earlier this month, Microsoft shared it would make the video game Call of Duty available on Nintendo for 10 years should its $69 billion purchase of game maker Activision Blizzard go through.

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History of this topic

Sony settles US consumer lawsuit over PlayStation game sales
1 week ago

Sony settles US consumer lawsuit over PlayStation game sales

The Hindu  

Sony has agreed to settle a federal lawsuit in San Francisco that claimed restrictions on digital game sales for its PlayStation console caused customers to overpay for games. The entertainment giant agreed to distribute $7.85 million in electronic credits to PlayStation customers to end the proposed class action, according to a preliminary settlement filed on Friday night. The plaintiffs, who …

FTC opens wide-ranging antitrust probe into Microsoft
3 weeks, 6 days ago

FTC opens wide-ranging antitrust probe into Microsoft

CNN  

New York CNN — Microsoft is set to go under the microscope of the nation’s top antitrust watchdog, the Federal Trade Commission, which is launching a sweeping investigation into the tech giant’s practices. The FTC, in a letter sent to Microsoft, demanded that it hand over information to assist in the agency’s investigation, a source familiar with the matter told …

Nerf darts, porn and vomit: The company Microsoft bought for $69bn
2 months, 1 week ago

Nerf darts, porn and vomit: The company Microsoft bought for $69bn

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. At one point, Schreier reports that …

‘Call of Duty’ champions file $680-million antitrust lawsuit against Activision Blizzard
10 months, 1 week ago

‘Call of Duty’ champions file $680-million antitrust lawsuit against Activision Blizzard

LA Times  

The popular video game “Call of Duty” is at the center of a lawsuit against Santa Monica gaming giant Activision Blizzard. Two prominent “Call of Duty” champions have filed an antitrust lawsuit against Activision Blizzard, accusing the Santa Monica gaming giant of wielding an “unlawful monopoly” over leagues and tournaments, at gamers’ expense. “Absent its unlawful monopoly, Activision could never …

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout
10 months, 4 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

The Hindu  

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. “As we move forward in 2024, the leadership of Microsoft Gaming and Activision Blizzard is committed to aligning on a strategy and an execution …

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout
10 months, 4 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

LA Times  

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo obtained by the Associated Press on Thursday. Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69-billion purchase of video game maker Activision Blizzard. “As …

Microsoft’s Nadella can be questioned in gamers’ Activision deal lawsuit
11 months, 2 weeks ago

Microsoft’s Nadella can be questioned in gamers’ Activision deal lawsuit

The Hindu  

Microsoft CEO Satya Nadella can be questioned in a lawsuit by a group of video gamers who claim the tech company’s $69 billion purchase of “Call of Duty” maker Activision will hurt competition, a federal judge in San Francisco said on Monday. U.S. District Judge Jacqueline Scott Corley in an order denied Microsoft’s bid to stop the gamers’ lawyers from …

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims
1 year ago

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims

Associated Press  

LOS ANGELES — Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California’s civil rights agency on behalf of women employed by the video game maker. The settlement, which is subject to court approval, resolves allegations that the maker of Call of Duty, Overwatch, World of Warcraft and other video games “discriminated against women …

Activision Blizzard to pay roughly $50 million in California discrimination case settlement
1 year ago

Activision Blizzard to pay roughly $50 million in California discrimination case settlement

LA Times  

The Activision Blizzard Booth during the 2013 Electronic Entertainment Expo in Los Angeles. Activision Blizzard and California’s Civil Rights Department have reached a roughly $50-million settlement agreement to resolve a sexual harassment and discrimination case against the gaming giant, the Los Angeles Times confirmed Friday. A copy of the settlement — signed by both parties and reviewed by The Times …

Sony Battles $7.9 Billion Mass Lawsuit For Its Unfair PlayStation Store Prices
1 year, 1 month ago

Sony Battles $7.9 Billion Mass Lawsuit For Its Unfair PlayStation Store Prices

News 18  

LONDON: Sony must face a mass lawsuit worth up to 6.3 billion pounds over claims the PlayStation maker abused its dominant position leading to unfair prices for customers, a London tribunal ruled on Tuesday. Sony Interactive Entertainment was sued last year on behalf of nearly nine million people in the United Kingdom who had bought digital games or add-on content …

U.S. antitrust enforcer says pressing on with fight against Microsoft/Activision deal
1 year, 2 months ago

U.S. antitrust enforcer says pressing on with fight against Microsoft/Activision deal

The Hindu  

The U.S. Federal Trade Commission said on Friday it remained focused on its appeal opposing Xbox maker Microsoft's now-closed $69 billion deal to buy Activision but would "assess" the company's agreement with Ubisoft. The companies closed their transaction on Friday after winning approval from Britain on condition that they sell the streaming rights to Activision's games to Ubisoft Entertainment to …

Microsoft’s $69 billion acquisition of Activision Blizzard marks a pivotal moment for Xbox CEO Phil Spencer
1 year, 2 months ago

Microsoft’s $69 billion acquisition of Activision Blizzard marks a pivotal moment for Xbox CEO Phil Spencer

The Hindu  

After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. “All he’s been doing is preparing for today where he actually gets to integrate the business.” And it marks the end of an era …

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
1 year, 2 months ago

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After two years co-piloting …

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
1 year, 2 months ago

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part

Associated Press  

After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft’s takeover of Activision Blizzard worth the hassle. When the companies announced a planned merger in January 2022, Microsoft CEO Satya Nadella made clear it would be “critical for Activision Blizzard to …

What does the Microsoft deal to buy Activision mean for gamers?
1 year, 2 months ago

What does the Microsoft deal to buy Activision mean for gamers?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft’s multibillion-dollar deal to buy …

Biggest deal in gaming history: Microsoft buys Activision Blizzard for $69 billion
1 year, 2 months ago

Biggest deal in gaming history: Microsoft buys Activision Blizzard for $69 billion

Hindustan Times  

Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including "Call of Duty" to better compete with industry leader Sony. "The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud …

The $69 billion Microsoft-Activision deal finally complete after UK regulator’s nod
1 year, 2 months ago

The $69 billion Microsoft-Activision deal finally complete after UK regulator’s nod

Live Mint  

The British Competition and Markets Authority cleared Microsoft's $69 billion acquisition of Activision Blizzard on Friday – the final regulatory hurdle before the biggest ever gaming deal. “We have now crossed the final regulatory hurdle to close this acquisition, which we believe will benefit players and the gaming industry worldwide,” Microsoft vice chair and president Brad Smith said in a …

Microsoft’s bid for Activision gets UK approval, removes last hurdle to gaming deal
1 year, 2 months ago

Microsoft’s bid for Activision gets UK approval, removes last hurdle to gaming deal

The Hindu  

Microsoft’s purchase of video game maker Activision Blizzard won final approval Friday from Britain’s competition watchdog, reversing its earlier decision to block the $69 billion deal and removing a last obstacle for one of the largest tech transactions in history. The Competition and Markets Authority's blessing was expected after it gave preliminary approval last month to a revamped Microsoft proposal …

Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights
1 year, 2 months ago

Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

Associated Press  

Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry. He shared a video celebrating the merger, featuring scenes from games to the tune of “Oh, What A Beautiful Mornin’” from the Broadway musical “Oklahoma!” The blessing …

Microsoft acquires Activision Blizzard in $69-billion gaming deal
1 year, 2 months ago

Microsoft acquires Activision Blizzard in $69-billion gaming deal

LA Times  

Microsoft announced plans to buy Activision Blizzard for $68.7 billion in 2022 and closed the deal Friday. Microsoft acquired gaming giant Activision Blizzard on Friday, closing the biggest deal in video game history after more than a year of close scrutiny from antitrust officials around the world. Microsoft President Brad Smith said in a statement the combination “will benefit players …

What the Microsoft Activision deal means for labor unions
1 year, 2 months ago

What the Microsoft Activision deal means for labor unions

LA Times  

A labor neutrality agreement between the Communications Workers of America and Microsoft kicks in at Activision Blizzard 60 days after the acquisition closes. Microsoft’s $69-billion acquisition of Activision Blizzard could provide the growing labor movement among video game workers a boost because of a labor neutrality agreement the company entered last year. CWA President Claude Cummings Jr. called the acquisition, …

Microsoft’s revamped $69 billion deal for Activision is on the cusp of going through
1 year, 3 months ago

Microsoft’s revamped $69 billion deal for Activision is on the cusp of going through

Associated Press  

LONDON — British competition regulators gave preliminary approval Friday to Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard, easing a final global hurdle that paves the way for one of the largest tech transactions in history to go through. The Competition and Markets Authority said the revamped proposal “substantially addresses previous concerns” about stifling competition in …

Competition watchdog gives provisional approval for Microsoft to buy Activision
1 year, 3 months ago

Competition watchdog gives provisional approval for Microsoft to buy Activision

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But by selling the cloud gaming rights for titles …

U.K. regulator signals approval for Microsoft to buy Activision Blizzard
1 year, 3 months ago

U.K. regulator signals approval for Microsoft to buy Activision Blizzard

LA Times  

Microsoft is seeking to acquire Activision Blizzard for $68.7 billion to gain access to blockbuster games including “Call of Duty” and “Candy Crush.” Microsoft’s restructured acquisition of Santa Monica video game giant Activision Blizzard “opens the door” to the deal being cleared, U.K. regulators said Friday, removing a major hurdle for closing what would be the gaming industry’s largest merger. …

Microsoft edits Activision Blizzard deal for the UK; Big Tech giants in Europe brace for Digital Services Act; FTC will probe Qualcomm’s chipmaker acquisition - The Hindu
1 year, 4 months ago

Microsoft edits Activision Blizzard deal for the UK; Big Tech giants in Europe brace for Digital Services Act; FTC will probe Qualcomm’s chipmaker acquisition - The Hindu

The Hindu  

Microsoft edits Activision Blizzard deal for the UK Microsoft is amending its Activision Blizzard takeover deal to get the UK antitrust regulator’s seal of approval. Microsoft President Brad Smith said that a deal had been struck with Ubisoft to sell cloud streaming rights for Activision games for more than a decade. Big Tech giants in Europe brace for Digital Services …

Microsoft revamps deal for video game maker Activision Blizzard to meet UK demands
1 year, 4 months ago

Microsoft revamps deal for video game maker Activision Blizzard to meet UK demands

The Hindu  

Microsoft revamped its bid to buy video game maker Activision Blizzard on Tuesday to appease British competition regulators, who are the last major hurdle to closing one of the biggest deals in tech history. Xbox maker Microsoft has been on a quest to acquire Activision, maker of the popular Call of Duty game franchise since announcing the $69 billion deal …

Microsoft budges on video game streaming rights in push for UK to approve Activision Blizzard deal
1 year, 4 months ago

Microsoft budges on video game streaming rights in push for UK to approve Activision Blizzard deal

Associated Press  

LONDON — British competition regulators opened a new investigation Tuesday into Microsoft’s revamped bid to buy video game maker Activision Blizzard, representing the last major hurdle to closing one of the biggest deals in tech history. Under the restructured deal, Microsoft will sell cloud streaming rights outside of the European Economic Area for all current and new Activision games released …

Britain hands Microsoft’s Activision deal an extra life
1 year, 5 months ago

Britain hands Microsoft’s Activision deal an extra life

Hindustan Times  

Merging companies have long seen Britain’s Competition and Markets Authority as something of an end-of-level boss. For two years running the CMA has blocked more deals than any other regulator, scotching ones like Meta’s acquisition of Giphy, a blameless meme-generator. This year it has been busy again, in April blocking Microsoft’s $69bn acquisition of Activision Blizzard, a video-game maker, which …

Microsoft-Activision deal back in hands of UK regulator after court pauses appeal
1 year, 5 months ago

Microsoft-Activision deal back in hands of UK regulator after court pauses appeal

The Hindu  

Microsoft's Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the U.S. software giant's takeover were published. The Competition and Markets Authority set out on Friday Microsoft's arguments for the reconsideration, as the U.S. battles to win UK …

Microsoft and UK regulators win more time to resolve blocked $69 billion Activision deal
1 year, 5 months ago

Microsoft and UK regulators win more time to resolve blocked $69 billion Activision deal

Associated Press  

LONDON — Microsoft and British regulators won 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. The regulator later pushed back its final decision so it can consider Microsoft’s argument that new developments mean its blockbuster purchase of the …

'Call of Duty' to remain on Playstation
1 year, 5 months ago

'Call of Duty' to remain on Playstation

The Hindu  

Tech giants Microsoft and Sony reached a deal to keep releasing the popular "Call of Duty" video games on the Playstation game console, Microsoft announced Sunday. Microsoft, owner of the rival Xbox console, moved to acquire game studio Activision Blizzard - which produces "Call of Duty" - in January 2022. "We are pleased to announce that Microsoft and PlayStation have …

Microsoft agrees to keep Call of Duty on Sony Playstation after it buys Activision Blizzard
1 year, 5 months ago

Microsoft agrees to keep Call of Duty on Sony Playstation after it buys Activision Blizzard

Associated Press  

NEW YORK — Microsoft has signed an agreement with Sony to keep the Call of Duty video game series on the PlayStation console after the tech giant acquires video game maker Activision Blizzard. Call of Duty has been at the center of a corporate tug-of-war between Microsoft’s Xbox and Sony’s PlayStation over Microsoft’s planned $69 billion purchase of Activision Blizzard, …

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators
1 year, 5 months ago

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators

The Hindu  

A U.S. appeals court on Friday rejected a bid by federal regulators to block Microsoft from closing its $68.7 billion deal to buy video game maker Activision Blizzard, paving the way for the completion of the biggest acquisition in tech history after a legal battle over whether it will undermine competition. U.S. District Judge Jacqueline Scott Corley's earlier ruling, published …

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators
1 year, 5 months ago

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators

Associated Press  

A U.S. appeals court on Friday rejected a bid by federal regulators to block Microsoft from closing its $68.7 billion deal to buy video game maker Activision Blizzard, paving the way for the completion of the biggest acquisition in tech history after a legal battle over whether it will undermine competition. U.S. District Judge Jacqueline Scott Corley’s earlier ruling, published …

Microsoft gets more time from UK to plead case to buy video game maker Activision
1 year, 5 months ago

Microsoft gets more time from UK to plead case to buy video game maker Activision

Associated Press  

LONDON — British antitrust regulators on Friday extended their deadline to issue a final order blocking Microsoft’s $69 billion plan to buy video game maker Activision Blizzard, allowing them to consider the U.S. tech giant’s “detailed and complex submission” pleading its case. The Competition and Markets Authority had rejected the deal — the biggest in tech history — over fears …

U.S. FTC asks court to temporarily halt Microsoft's acquisition of Activision
1 year, 5 months ago

U.S. FTC asks court to temporarily halt Microsoft's acquisition of Activision

The Hindu  

The U.S. Federal Trade Commission asked a federal court on Thursday for a stay that would prevent Microsoft from closing its $69 billion purchase of "Call of Duty" maker Activision Blizzard. Any outstanding regulatory hurdle makes it more likely the agreement between Microsoft and Activision will expire on July 18 without the deal having been completed. In its motion for …

FTC appeals judge’s ruling that would allow Microsoft’s Activision Blizzard takeover
1 year, 5 months ago

FTC appeals judge’s ruling that would allow Microsoft’s Activision Blizzard takeover

Associated Press  

The Federal Trade Commission says it is appealing a judge’s ruling that would have allowed Microsoft to close its deal to buy video game company Activision Blizzard. Antitrust enforcers at the FTC have been trying to stop Microsoft’s $68.7 billion takeover of Activision Blizzard, maker of popular game franchises like Call of Duty, arguing it will harm competition in the …

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
1 year, 5 months ago

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

The Hindu  

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. The Federal Trade Commission, which enforces antitrust laws, “has not raised serious questions regarding whether the proposed merger is likely to substantially lessen competition” between video game consoles or in the growing markets for monthly game …

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
1 year, 5 months ago

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

Associated Press  

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. The proceeding showcased testimony by Microsoft Chief Executive Officer Satya Nadella and longtime Activision Blizzard CEO Bobby Kotick, who both pledged to keep Activision’s blockbuster game Call of Duty available to people who play it on …

Microsoft wins U.S. court nod to buy Activision in loss for FTC
1 year, 5 months ago

Microsoft wins U.S. court nod to buy Activision in loss for FTC

LA Times  

Microsoft Corp. changed the course of its $69-billion bid for Activision Blizzard Inc. in minutes Tuesday, winning an unprecedented reconsideration from a British regulator that had blocked the largest gaming deal ever, less than an hour after securing a green light from a U.S. judge. The CMA announcement came after Judge Jacqueline Scott Corley in San Francisco ruled that the …

Fate of record tech industry tie-up heads to judge as Microsoft defends $69B Activision deal
1 year, 5 months ago

Fate of record tech industry tie-up heads to judge as Microsoft defends $69B Activision deal

Associated Press  

SAN FRANCISCO — The fate of what could be the priciest merger in tech industry history is now in the hands of a federal judge who must decide whether to stop Microsoft from closing its deal to buy video game company Activision Blizzard. “We’re concerned about the competition for this one shooter video game.” Microsoft has largely had the upper …

Microsoft acquiring Activision will be good for gaming and everyone, Satya Nadella tells US court
1 year, 5 months ago

Microsoft acquiring Activision will be good for gaming and everyone, Satya Nadella tells US court

Firstpost  

Microsoft’s Satya Nadella testified before a US court over FCC’s opposition of the Microsoft-Activision acquisition. Microsoft and Activision maintain that the acquisition will be a major win for gamers, and won’t hamper other console makers like Sony During his testimony on Wednesday in a San Francisco federal court, Microsoft CEO Satya Nadella expressed his belief that the proposed acquisition of …

Today’s Cache | Google sets aside Project Iris; Twitter tries drawing back advertisers; Microsoft CEO defends Activision Blizzard takeover
1 year, 5 months ago

Today’s Cache | Google sets aside Project Iris; Twitter tries drawing back advertisers; Microsoft CEO defends Activision Blizzard takeover

The Hindu  

Google sets aside Project Iris Google has set aside work on its augmented reality glasses under Project Iris, said the Insider outlet. Twitter tries drawing back advertisers Twitter CEO Linda Yaccarino is developing strategies such as bringing in more employees, working with celebrities, and introducing video ads to different offerings on the platform in order to bring back advertisers who …

US Judge asks Microsoft CEO if he plays Activision mobile game Candy Crush? Satya Nadella says…
1 year, 5 months ago

US Judge asks Microsoft CEO if he plays Activision mobile game Candy Crush? Satya Nadella says…

Hindustan Times  

Microsoft CEO Satya Nadella told a judge Wednesday that his company's proposed $69 billion takeover of video game-maker Activision Blizzard will be good for the gaming industry, remarks that came as he defended the deal against an attempt by federal regulators to block it. U.S. District Judge Jacqueline Scott Corley interjected to ask if Nadella plays Activision's best-known mobile game, …

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming
1 year, 5 months ago

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming

The Hindu  

Microsoft CEO Satya Nadella told a judge Wednesday that his company's proposed $69 billion takeover of video game-maker Activision Blizzard will be good for the gaming industry, remarks that came as he defended the deal against an attempt by federal regulators to block it. Activision CEO Bobby Kotick also testified Wednesday, asserting that there’s no business incentive to deprive Microsoft …

Microsoft attempts to pick apart U.S. legal argument against deal to buy Activision
1 year, 5 months ago

Microsoft attempts to pick apart U.S. legal argument against deal to buy Activision

The Hindu  

Arguing for the government on Tuesday in its legal fight against Microsoft's $69 billion deal to buy game maker Activision Blizzard, Harvard economist Robin Lee struggled at times to plainly demonstrate how the planned deal would hurt gamers. Lee was pressed by an attorney for Microsoft over the details of his analyses of potential market share gains for the Redmond, …

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming
1 year, 5 months ago

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming

Associated Press  

SAN FRANCISCO — Microsoft CEO Satya Nadella told a judge Wednesday that his company’s proposed $69 billion takeover of video game-maker Activision Blizzard will be good for the gaming industry, remarks that came as he defended the deal against an attempt by federal regulators to block it. Activision CEO Bobby Kotick also testified Wednesday, asserting that there’s no business incentive …

Microsoft’s acquisition of Activision Blizzard faces FTC opposition in to stop competition
1 year, 6 months ago

Microsoft’s acquisition of Activision Blizzard faces FTC opposition in to stop competition

Live Mint  

The Federal Trade Commission has requested a temporary halt to Microsoft's acquisition of videogame company Activision Blizzard, as argued in federal court on Thursday. According to the FTC, if the merger proceeds, it would grant Microsoft's Xbox videogame console sole access to Activision games, disadvantaging Nintendo consoles and Sony Group Corp's PlayStation. "I think you will see that every piece …

FTC to argue Microsoft's deal to buy Activision should be paused
1 year, 6 months ago

FTC to argue Microsoft's deal to buy Activision should be paused

The Hindu  

The U.S. Federal Trade Commission on Thursday will argue in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard, stopping the deal from closing before the government's case against the deal is heard. In a scheduled five-day hearing before a federal judge in San Francisco, the antitrust enforcer will argue it needs Microsoft …

Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming
1 year, 6 months ago

Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming

Associated Press  

SAN FRANCISCO — Federal regulators on Thursday launched a legal attack on Microsoft’s proposed $69 billion takeover of video game maker Activision Blizzard by depicting it as an anticompetitive weapon while Microsoft hailed the deal as a way to make popular games such as Call of Duty more widely available at cheaper prices. “Having differentiated content is critical to selling …

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