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

US Judge Green-Lights Microsoft’s $69 Billion Activision Takeover Deal

[ad_1] Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a US judge gave a thumbs-up to the $69 billion (roughly Rs. 5,65,480 crore) deal and a British regulator suggested it could reconsider its opposition. Activision shares surged 10 percent on the day, as the US and Britain … 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

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

Activision to Intervene in Microsoft’s Appeal Against UK Regulator’s Block

[ad_1] Call of Duty maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion (nearly Rs. 5,71,730 crore) takeover. Microsoft is appealing against the Competition and Markets Authority’s (CMA) decision to veto the deal, which it did in April on … 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

Microsoft Wins Against Gamers Blocking Activision Blizzard Acquisition Deal

[ad_1] Microsoft evaded a potential early legal obstacle in its $69 billion (nearly Rs. 5,71,730 crore) deal to acquire Call of Duty video game maker Activision Blizzard, when a US judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. The private plaintiffs sued Microsoft in California federal court in December … Read more

Gamers Are Suing Microsoft Over Deal to Buy Call of Duty Maker Activision

[ad_1] Microsoft on Friday will defend its $69 billion (nearly Rs. 5,65,480 crore) planned acquisition of Call of Duty maker Activision Blizzard, in a private antitrust lawsuit in San Francisco federal court brought by video gamers who claim the deal will harm industry competition and should be stopped. At the hearing, US District Judge Jacqueline … Read more