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

Microsoft Gets Two-Month Pause on UK Appeal Over Its Activision Deal

[ad_1] Microsoft’s appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard was formally paused by a London tribunal on Monday, to give the parties more time to resolve the dispute. Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), had all asked for a two-month … Read more

Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal

[ad_1] Microsoft on Monday asked a London tribunal to pause its appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain’s competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block … Read more

ICMAI CMA 2023 foundation, inter and final admit card out at icmai.in, here’s direct link to download hall tickets

[ad_1] The Institute of Cost Accountants of India (ICMAI) has issued the Certified Management Accountant (CMA) admit card 2023 for the final, intermediate, and foundation exams 2023. Candidates who will appear for the examination can download the hall tickets from the official website at icmai.in. ICMAI CMA 2023 foundation, inter and final admit card out … Read more

Amazon Gets UK CMA Clearance for $1.7 Billion Roomba-Maker iRobot Acquisition

[ad_1] Britain’s competition regulator on Friday cleared Amazon’s planned $1.7 billion (roughly Rs. 13,900 crore) acquisition of iRobot, maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. “We’re pleased with the UK Competition and Markets Authority’s decision and … Read more

UK Will Review Impact, Need for New Controls for ChatGPT-Like AI Tools

[ad_1] Britain’s competition regulator said on Thursday it would start examining the impact of artificial intelligence on consumers, businesses, and the economy and whether new controls were needed on technologies such as OpenAI’s ChatGPT. While research on AI has been going on for years, the sudden popularity of generative AI applications such as ChatGPT and … Read more

UK Antitrust Regulator CMA Refused Permission to Appeal Apple Probe Ruling

[ad_1] Britain’s antitrust regulator on Wednesday refused permission to appeal against a ruling that it had no power to open an investigation into Apple’s mobile browser and cloud gaming services. Apple won an appeal in March against the decision by the Competition and Markets Authority (CMA) to open a full investigation into the dominance of … Read more

Microsoft Hits Back at UK Regulator’s Ruling to Block Activision Acquisition

[ad_1] Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of Call of Duty maker Activision Blizzard “had shaken confidence” in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it could hit competition in the … Read more