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 …
Meta’s third batch of layoffs begins Facebook, Instagram, and WhatsApp-parent Meta has started its third and likely last batch of major layoffs, this time reducing headcount across the company’s business departments, according to a source. Microsoft appeals UK block on Activision Blizzard deal Microsoft has confirmed that it filed an appeal against the British regulator’s decision to block its proposed …
Microsoft filed an appeal on Wednesday of Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard, a company spokesperson said. The CMA's shock decision to block the biggest ever deal in gaming drew a furious response from both companies, with Microsoft saying it had shaken confidence in Britain as a destination for tech businesses. …
It’s not “game over” yet for Microsoft’s quest to buy the video game maker Activision Blizzard, but the software giant is starting to run out of clear pathways to complete its $69 billion takeover. “If this were a smaller jurisdiction with a tiny population, the companies could shrug and say, ‘We just won’t do business there,’” said former FTC Chair …