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Displaying items by tag: Activision Blizzard

Microsoft has finally got the go-ahead for its proposed acquisition of games giant Activision Blizzard, with the UK regulatory authority giving clearance for the merger ahead of a deadline of 18 October.

Microsoft has moved a step closer to completing its acquisition with games company Activision Blizzard after the British regulator, the Competition and Markets Authority, said a revised offer made by Redmond addressed concerns it had about the deal.

Microsoft's security reputation has taken another beating, with the company releasing a number of plans for its Xbox gaming platform along with public documents submitted to the court adjudicating a case filed by the FTC over its plans to acquire Activision Blizzard.

The UK competition regulator, the Competition and Markets Authority, has confirmed that it has blocked the original deal submitted by Microsoft in its bid to acquire gaming firm Activision Blizzard.

Microsoft has made a profit of US$72.4 billion (A$106.7 billion) on revenue of US$211.9 billion for the fiscal year which ended on 30 June, the company announced on Tuesday, adding that the annual revenue figure was an increase of 7% over the previous fiscal year.

Published inMarket

Microsoft and games company Activision Blizzard have agreed to an extension of time, until 18 October, for concluding their US$70 billion (A$103 billion) merger that was first announced in January 2022.

An agreement between Microsoft and Sony to keep the popular game Call of Duty on PlayStation after the US firm acquires Activision Blizzard, has moved the deal a step closer.

The US Federal Trade Commission is still seeking to stop the deal between Microsoft and games producer Activision Blizzard, requesting an appeals court on Thursday to put a temporary stop to the agreement soon after a federal judge refused a similar plea.

The UK regulator, the Competition and Markets Authority, has again changed its stance on Microsoft's bid to acquire gaming giant Activision Blizzard following a decision by an American court against the US Federal Trade Commission's bid to block the deal.

UK regulator, the Competition and Markets Authority has blocked Microsoft's proposed acquisition of gaming giant Activision Blizzard, saying the deal would change the cloud gaming market and lessen choice for gamers in the country.

Wednesday, 21 December 2022 22:14

Gamers sue to stop Microsoft / Activision merger

The year began with Microsoft announcing its acquisition of Activision Blizzard; the year ends with the deal still incomplete due to US regulator complaints and now with gamers also seeking to block the deal.

Published inEntertainment

The next major expansion of popular long-running MMORPG World of Warcraft is out on 29 November, but you don't have to wait that long for a taste. The next phase of the pre-expansion patch goes live on 16 November from 4am AEDT, alongside Blizzard Entertainment's live stream.

Published inEntertainment

The European Commission, the executive arm of the European Union, has begun an in-depth investigation into Microsoft's proposed acquisition of the gaming company Activision Blizzard.

Activision's newest game, Call of Duty: Modern Warfare II, was released only on Friday and has become the number one top-selling opening weekend ever in the franchise, and also became the biggest box office opening for the year, surpassing Top Gun: Maverick, and Doctor Strange in the Multitude of Madness combined.

Published inEntertainment

The co-founder of UltraViolet, an American national gender justice advocacy organisation, has called on Meta chief operating officer Sheryl Sandberg to step down following reports that she had heavied a newspaper to drop a report about her boyfriend.

Published inStrategy

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