[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
[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
[ad_1] The US Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge’s ruling that Microsoft could go forward with its $69 billion purchase of Call of Duty maker Activision Blizzard. Microsoft’s victory in court on Tuesday, and a subsequent climbdown by Britain’s competition authority, brought the tech giant two steps closer … Read more
[ad_1] The US Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft’s acquisition of videogame maker Activision Blizzard. “If this deal is completed, the combined company… is likely to have the ability, an incentive, to harm competition in various markets related to consoles, subscription services, and the … Read more
[ad_1] Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick are among the witnesses planned for a five-day evidentiary hearing set to begin this week on the Federal Trade Commission’s legal bid to block the deal, according to a court filing on Tuesday. The FTC is seeking a preliminary injunction to block Microsoft from … Read more
[ad_1] Microsoft will pay $20 million (roughly Rs. 163 crore) to settle US Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents’ consent, the FTC said on Monday. The company had been charged with violating the US Children’s Online Privacy Protection Act (COPPA) by collecting personal information … Read more
