Cloud gaming as a key aspect of what Microsoft is bringing to the world of gaming. A recent deal saw tech giant Microsoft Corp (NASDAQ: MSFT) paying $69 billion to acquire US game publisher Activision Blizzard Inc (NASDAQ: ATVI). However, according to venture capital (VC) firm Konvoy, that Microsoft’s deal might just be the start of many more similar ones to come to gaming. In a report that Konvoy partner Josh Chapman recently shared with CNBC, the world’s biggest tech firms still hold a...
Read More »Microsoft Nears Completion of $68.7B Activision Blizzard Deal
The approval came after the FTC in the United States initially filed a lawsuit to block the Activision Blizzard acquisition last year. According to a Friday report from The Verge, Microsoft Corp (NASDAQ: MSFT) is edging closer to finalizing its proposed $68.7 billion acquisition of Activision Blizzard, with an expected announcement set for next week. The US-based tech giant has earmarked October 13 as the potential closing date for the deal. The long-awaited acquisition, which has been in...
Read More »Microsoft Is Gradually Closing In on Apple as It Eyes Position as World’s Largest Stock
Although hundreds of billions away, Microsoft’s valuation is gradually closing in on that of Apple, racing to become the world’s largest. Microsoft Corporation (NASDAQ: MSFT) is making progress with its valuation and seems ready to give Apple Inc (NASDAQ: AAPL) a run for its money. The company’s valuation is now moving closer to Apple’s as it races to overtake the iPhone maker as the world’s largest company by market cap. According to Marketwatch data as of writing time, Apple shares have...
Read More »European Stock Markets Show Cautious Gains after Positive Weekly Start
CoinspeakerEuropean Stock Markets Show Cautious Gains after Positive Weekly Start Meanwhile, investors are closely eyeing the natural gas market, where prices experienced a significant surge on Monday. European Stock Markets Show Cautious Gains after Positive Weekly Start
Read More »Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges
CoinspeakerMicrosoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority. Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory...
Read More »Adobe and Blizzard Unveils Generative AI Tools to Enhance Human Productivity
Adobe and Activision Blizzard, two of the biggest names in the technology industry, have introduced new generative artificial intelligence tools designed to assist humans. Leading technology giants Adobe and Activision Blizzard have introduced generative artificial intelligence (AI) tools to improve human creativity, not replace them. The move aims to streamline processes and empower artists and designers to produce high-quality content. Adobe, the renowned graphic software maker,...
Read More »Microsoft Encounters Stumbling Block in Britain Regarding Activision Deal
Following the CMA’s decision to veto the Microsoft-Activision deal in Britain, the computer software giant plans to appeal. Britain’s Competition and Markets Authority has blocked Microsoft’s acquisition of gaming publisher Activision Blizzard (NASDAQ: ATVI). On Wednesday, the top UK regulator opposed Microsoft’s acquisition of the “Call of Duty” publisher. This verdict comes a month after the UK CMA deemed the tech giant’s impending control of Activision non-threatening to video gaming...
Read More »Activision Shares Up 5% as Microsoft Wins Regulator’s ‘Blessing’ on Acquisition Deal
A UK competition regulator eases off slightly on the Microsoft-Activision deal, sending the gaming publisher’s shares soaring. Activision Blizzard Inc (NASDAQ: ATVI) shares surged Friday on positive news about the UK’s Competition and Markets Authority’s stance toward the Microsoft (NASDAQ: MSFT) deal. According to reports, the British competition regulator has eased off on the impending Microsoft takeover. In a statement, the CMA stated that it no longer deemed the computer software...
Read More »Nvidia Swaps Sides from Opposing Microsoft to Offering ‘Full Support’ for Regulatory Approval of Activision Blizzard Acquisition
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Read More »Microsoft to Defend Activision at Upcoming EU Antitrust Hearing
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