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Activision, Microsoft Extend Deadline to Close $69 Billion Deal to October 18

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[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

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

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[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