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

Ubisoft Looks at AI, VR as the ‘Next Big Thing’ in Gaming

[ad_1] French videogame titan Ubisoft is eyeing artificial intelligence and virtual reality as the next big things in gaming, its chief executive said, especially ahead of the release of Apple’s new mixed reality headset. Ubisoft has long been known to take chances on new gaming innovations — the company launched an early partnership with Nintendo … Read more

Sony Doubles Down on Entertainment, Expects to Sell 25 Million PS5 Consoles

[ad_1] Sony Group on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. Sony said it is considering a time frame of two to three years to spin off Sony Financial Group — whose operations … Read more

Xbox Chief Phil Spencer Takes ‘Full Responsibility’ for Redfall Debacle

[ad_1] It has been a tough few days for Microsoft and Xbox. First, the firm’s ambitious and expensive attempt to acquire Call of Duty maker Activision Blizzard hit a major hurdle when Britain’s competition regulator blocked the $69 billion (roughly Rs. 5,63,980 crore) deal on April 26, citing cloud gaming concerns. And then, Redfall, Xbox’s … Read more

The Legend of Zelda: Tears of the Kingdom Has Leaked Ahead of Release

[ad_1] The Legend of Zelda: Tears of the Kingdom has leaked nearly two weeks ahead of its release on May 12. Late Monday, images and videos showing the opening section of the Breath of the Wild sequel flooded social media and Discord channels. Physical copies of Nintendo’s long-awaited Zelda title made rounds to retailers this … Read more

How Cloud Gaming Led to the UK Blocking Microsoft’s Activision Deal

[ad_1] For all the thunder about Xbox versus PlayStation, it was the nascent cloud market that led to Britain’s surprise decision to block Microsoft’s record Activision Blizzard takeover. Microsoft has been working for months to satisfy concerns about the $69 billion (roughly Rs. 5,64,700 crore) deal raised by Britain’s Competition and Markets Authority (CMA), which has … Read more