Microsoft’s Activision Blizzard Deal Approval Now in Hands of UK’s CMA

[ad_1] 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 US software giant’s takeover were published. The Competition and Markets Authority (CMA) set out on Friday Microsoft’s arguments for the reconsideration, … Read more

Activision, Microsoft Extend Deadline to Close $69 Billion Deal to October 18

[ad_1] Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom’s antitrust authority. The “Call of Duty” publisher said the companies also agreed to increase the deal termination … Read more

US Court Rejects FTC Request to Halt Microsoft Deal for Activision

[ad_1] A US federal court on Thursday rejected the Federal Trade Commission’s (FTC) request that it order Microsoft to temporarily hold off on closing its $69 billion (roughly Rs. 5,65,480 crore) purchase of Call of Duty maker Activision Blizzard, a court filing showed. A federal judge had previously ruled for Microsoft on Tuesday, saying the … Read more

Microsoft-Activision Blizzard Restructured Deal Could Face Fresh Probe in UK

[ad_1] Britain’s competition regulator said on Wednesday a restructured deal between Microsoft and Activision Blizzard could satisfy its concerns, subject to a new investigation, a climbdown in its opposition to the biggest gaming deal in history.  The Competition and Markets Authority (CMA) became the first regulator to block the $69 billion (nearly Rs. 5,65,750 crore) … Read more

PS Plus Free Games for July 2023 Announced

[ad_1] PlayStation Plus’ monthly free games for July 2023 have been announced. The three titles will be available to members of PS Plus Essential, Extra, and Deluxe/ Premium plans, starting July 4. Members can dive into the geopolitical intrigue, espionage and warfare from the 1980s Cold War era in Call of Duty: Black Ops Cold … Read more

Activison Blizzard CEO Urges Federal Judge to Allow Takeover by Microsoft

[ad_1] The chief executive of Call of Duty maker Activision Blizzard, Bobby Kotick, went before a federal judge on Wednesday to urge her to allow his company to be bought by Microsoft for $69 billion (nearly Rs. 5,66,300 crore). Kotick said that any effort to make Call of Duty exclusive to one platform, as Microsoft critics … Read more

PlayStation Chief Says Video Game Publishers Dislike Xbox Game Pass

[ad_1] PlayStation boss Jim Ryan has claimed that video game publishers unanimously agree that Xbox Game Pass is “value destructive.” As part of the ongoing trial involving Xbox parent Microsoft and the US FTC, Ryan appeared in a pre-recorded video deposition, addressing his concerns regarding Microsoft’s $69 billion (about Rs. 5,66,128 crore) acquisition of Activision … Read more

Microsoft-Activision Blizzard Acquisition Deal Said to Get Blocked by US FTC

[ad_1] The US Federal Trade Commission will file an injunction blocking Microsoft‘s acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microsoft is seeking to acquire the Call of Duty videogame maker in a $69 billion (nearly Rs. 5,68,800 crore) deal. The EU approved the Activision deal in May, … Read more

Microsoft Is Looking for Solutions to UK’s Block on Activision Takeover

[ad_1] The president of Microsoft said he was looking for solutions to try to get British approval for the software giant’s $69 billion (nearly Rs. 5,71,730 crore) acquisition of “Call of Duty” maker Activision Blizzard. British competition authorities blocked the biggest-ever deal in gaming in April, in a shock decision which Microsoft has since appealed. … Read more

Microsoft Challenges UK Regulator’s Decision to Block Activision Takeover

[ad_1] Microsoft is challenging Britain’s decision to block its $69 billion takeover of Call of Duty maker Activision Blizzard on the grounds of “fundamental errors” in the assessment of Microsoft’s cloud gaming services. Britain’s anti-trust regulator, the Competition and Markets Authority (CMA), vetoed the deal in April, saying it could hurt competition in the nascent cloud … Read more