EU approves Microsoft’s $69 billion acquisition of Activision Blizzard
European Union regulators approved Microsoft's $69 billion bid to acquire video gaming firm Activision Blizzard -- which includes "Call of Duty," "World of Warcraft" and "Candy Crush" -- on Monday.
View ArticleMicrosoft to pay $20 million for violating children’s privacy laws
Microsoft will pay $20 million to settle charges brought by the FTC that said the tech giant violated a child privacy law by collecting data from Xbox users under age 13 and sharing it with third parties.
View ArticleFTC sues to block Microsoft’s $69B purchase of Activision Blizzard
Nearly one month after EU regulators approved Microsoft's $69 billion bid to acquire "Call of Duty" maker Activision Blizzard, the FTC sued to halt the deal with a preliminary injunction.
View ArticleMicrosoft’s $75B deal to buy Activision gets green light after judge denies...
The FTC's concern was that the deal would potentially preclude the availability of those videogames on other platforms.
View ArticleLina Khan faces grilling on Capitol Hill after judge’s rebuff on...
In the wake of her botched attempt to block the Activision-Microsoft deal, some members are also preparing to question her on whether she wrongfully coordinated with foreign regulators or Democratic...
View ArticleMicrosoft, UK regulators given more time to resolve dispute over $75B...
The Federal Trade Commission suffered a major defeat last week when a federal court rejected the FTC's application to temporarily halt the deal.
View ArticleWarren Buffett cut Activision stake before US judge approved Microsoft merger
The Activision investment was a form of arbitrage, with Buffett viewing investors as too pessimistic that regulators would approve combining Microsoft's Xbox gaming console business with the publisher...
View ArticleHouse Republicans urge FTC to drop antitrust fight against...
Twenty-two Republican lawmakers urged the Federal Trade Commission to drop its fight against Microsoft's deal to buy video game maker Activision Blizzard.
View ArticleMicrosoft, Activision extend $75B deal deadline to secure UK approval
The amended deal also increased the fee that the Windows maker owes Activision in case either side scraps the takeover - to $3.5 billion from $3 billion if it does not close by Aug. 29, and to $4.5...
View ArticleFTC withdraws case against Microsoft-Activision deal before in-house judge
The deal was set to go to trial before an FTC administrative law judge on Aug. 2.
View ArticleHow Microsoft is looking to ease UK antitrust worries over $75B Activision deal
Microsoft, which also agreed to relinquish exclusive cloud streaming rights to all current and future Activision games over the next 15 years.
View ArticleMicrosoft’s $69B deal for ‘Call of Duty’ maker Activision close to gaining...
The announcement shows the UK watchdog is close to reversing its earlier decision to block Microsoft from taking over the maker of hit gaming franchises like Call of Duty and World of Warcraft.
View ArticleMicrosoft closes $75B Activision deal despite lingering FTC challenge
Microsoft officially bought the “Call of Duty” and “World of Warcraft” maker – the biggest acquisition in history for the video game industry.
View ArticleGoogle paid Activision-Blizzard $360M to use its app store, Epic Games claims
The Epic Games trial is the second major US antitrust trial currently facing Google.
View ArticleGoogle CEO Sundar Pichai grilled over record-keeping at Google Play trial
Epic's counsel is seeking to prove its belief that Google has maintained an illegal monopoly over the Android app marketplace through its “Play” store.
View ArticleActivision execs weigh defamation suit after California drops sex harass...
The California Civil Rights Department had been investigating the company behind “Call of Duty'' and “Candy Crush” since 2021.
View Article‘World’s best’ Call of Duty player claims she was blacklisted for her bikini...
"It’s sad to see instead of boys accepting a woman is better at them in a video game, they have to perpetuate the idea they cheated in order to sleep at night."
View ArticleActivision Blizzard exec claims he was fired due to ‘too many old white guys’...
James Reid Venable, 57, filed an age discrimination lawsuit in Los Angeles Superior Court against the maker of "Call of Duty" and "Guitar Hero."
View ArticleMicrosoft lays off 1,900 workers from Xbox, Activision Blizzard after $69B deal
Microsoft is laying off around 1,900 employees in its gaming division just weeks after completing its $69 billion acquisition of Activision Blizzard.
View ArticleSony lays off 900 workers from PlayStation division amid video game slump
Sony Interactive Entertainment said Tuesday that it's laying off some 900 employees in its PlayStation unit -- 8% of its global workforce.
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