Articles for Gaming Deal

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

Associated Press  

NEW YORK — 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 …

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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 …

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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 …

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Microsoft signs 10-year deal with Nware after UK blocks Activision deal
1 year, 7 months ago

Microsoft signs 10-year deal with Nware after UK blocks Activision deal

Live Mint  

Following the United Kingdom government thwarting a deal between Microsoft Corporation and Call of Duty makers Activision Blizzard, the tech giant has signed a 10-year deal with Spanish cloud gaming platform Nware. The decade long deal will allow the tech giant Microsoft to stream Activision Blizzard titles, days after Britain blocked its $69 billion buyout of the "Call of Duty" …

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Today’s Cache | Twitter may go open source, YouTube users turn radio jockeys, and Microsoft’s Nvidia deal
1 year, 10 months ago

Today’s Cache | Twitter may go open source, YouTube users turn radio jockeys, and Microsoft’s Nvidia deal

The Hindu  

Twitter may go open source In response to a Twitter user’s challenge, CEO Elon Musk responded that Twitter was planning to make its algorithm open source, possibly next week. Even before Mr. Musk’s $44 billion takeover of the social media platform, its algorithm was a source of controversy as users and groups across the political spectrum accused it of bias …

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U.S. antitrust regulators seek more data from Activision, Microsoft on planned deal
2 years, 9 months ago

U.S. antitrust regulators seek more data from Activision, Microsoft on planned deal

The Hindu  

The U.S. Federal Trade Commission has sought additional data from Activision Blizzard Inc andMicrosoft Corp related to the antitrust review of their deal, the games developer said in a regulatory filing on Monday. Microsoft in January agreed to acquire the "Call of Duty"maker for $68.7 billion in the biggest gaming industry deal in history. In order to woo U.S. and …

Microsoft Deal
Microsoft strides into the gaming metaverse
2 years, 11 months ago

Microsoft strides into the gaming metaverse

The Hindu  

The story so far: Microsoft on Tuesday agreed to buy troubled video game company Activision Blizzard in an all-cash deal valued at nearly $70 billion. THE GIST Microsoft has agreed to buy video game company Activision Blizzard in an all-cash deal valued at nearly $70 billion. A report by Sensor Tower predicts the games installs, on both App Store and …

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Oklahoma high court: Governor overstepped with tribal deal
4 years, 5 months ago

Oklahoma high court: Governor overstepped with tribal deal

Associated Press  

OKLAHOMA CITY — Oklahoma Gov. In a 7-1 decision, the high court determined the compacts Stitt signed with the Comanche Nation and Otoe-Missouria Tribes are “invalid under Oklahoma law.” The deals would have allowed the two tribes to offer wagering on sporting events and house-banked card and table games. “The court must, therefore, conclude Governor Stitt exceeded his authority in …

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