Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion (nearly Rs. 5,64,100 crore) acquisition of Call of Duty maker Activision Blizzard over concerns it would hinder cloud gaming. The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony‘s PlayStation and Microsoft‘s … Read more
Microsoft said on Friday it signed a 10-year deal with Nware to bring Xbox and Activision Blizzard games to the Spanish cloud-gaming platform, days after Britain blocked its $69 billion (nearly Rs. 5,64,200 crore) buyout of the Call of Duty maker. The agreement marks the latest effort by Microsoft to ease fears its purchase of … Read more
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 nascent … Read more
Britain will block Microsoft’s $69 billion (roughly Rs.5,64,000 crore) acquisition of Call of Duty maker Activision Blizzard over its concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion dollar Call of … Read more
Activision Blizzard violated US labour law by illegally surveilling employees during a walkout and threatening to shut down internal chat channels as a union sought to organize its workers, a federal labour agency said on Friday. A National Labor Relations Board spokeswoman said that unless Activision settles, the agency will issue a complaint against the … Read more
Microsoft Corp (MSFT.O) is expected to secure EU antitrust approval for its $69 billion (roughly Rs. 5,68,094 crore) acquisition of Activision (ATVI.O) with its offer of licensing deals to rivals, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to … Read more
Microsoft’s offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tencent … Read more
EU antitrust regulators have extended their deadline for a decision on Microsoft’s $69 billion (roughly Rs. 5,71,800 crore) acquisition of Call of Duty maker Activision to April 25, according to a European Commission filing on Wednesday. The Xbox maker announced the Activision Blizzard deal in January last year to help it compete better with leaders … Read more
Call of Duty maker Activision Blizzard has been accused by a union of illegally firing two video game testers for using “strong language” in a protest of a new company policy that limits remote work. The Communication Workers of America (CWA) said it filed a complaint with the US National Labor Relations Board on Tuesday seeking to have … Read more
Microsoft President Brad Smith on Tuesday will seek to convince EU antitrust regulators at a closed hearing that the US software giant’s $69 billion (nearly Rs. 5,71,800 crore) bid for Call of Duty maker Activision Blizzard will boost competition. Smith will lead a delegation of 18 senior executives, including Microsoft Gaming Chief Executive Officer Phil Spencer, while … Read more