In the light of the recent Federal Judge ruling on Microsoft’s acquisition Activision Blizzard, the FTC appealed the court order.
Activision Blizzard
Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company’s $69 billion bid to purchase “Call of Duty” maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the U.S. Federal […]
Alphabet Inc’s Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s Riot Games […]
Britain’s antitrust regulator said Microsoft Corp’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard could harm competition in gaming consoles, subscription services and cloud gaming, and it needs to be investigated in depth. The Competition and Markets Authority (CMA) said on Thursday the deal, the largest ever in gaming, could damage the industry […]
In the past, Microsoft has built strong environmental, social, and governance policies around itself, and now with the latest Activision Blizzard acquisition news, the Big Tech giant could be facing years of work to bring the gaming titan in alignment with its sustainability policies. The Big Tech giant is already setting in motion plans to […]
When Microsoft unveiled its plans to acquire gaming titan Activision Blizzard on January 19, the tech scene was swift away with one newsflash. A deal, if it came to fruition, could be commemorated in Microsoft’s history as the first stone that pathed its way into the Metaverse. The $75 billion deal’s announcement was led by a 15-minute […]
Microsoft announced Tuesday a significant expansion in the games market with an agreed takeover of Activision Blizzard for $68.7 billion cash in its largest purchase ever. The deal will make Microsoft the world’s third-largest games publisher by revenue, after Tencent and Sony. As such, the American company still has to win approval from Activision’s shareholders and, more […]
Activision Blizzard’s Chief Legal Officer (CLO), Claire Hart, announced her resignation Tuesday on LinkedIn after three years of commitment to the gaming titan. Following a U.S. Securities and Exchange Commission (SEC) subpoena, Blizzard’s CLO departs the company without any clarifications supporting her decision and whether it has a direct association to the company’s latest legal […]
Video game titan Activision Blizzard disclosed on Monday it is once more under the investigative spotlight as U.S. Securities and Exchange Commission (SEC) is examining its demeanor concerning workplace sexual harassment environment and various discriminatory issues, according to the Wall Street Journal. The SEC initiated a solidified investigation into the Santa Monica-based company regarding its techniques […]