Tag: $Microsoft

Microsoft (MSFT) is one step closer to clearing its final hurdle in the UK to acquire “Call of Duty” game developer Activision Blizzard (ATVI), a $69 billion deal held up for much of this year by regulatory scrutiny.

Microsoft on Tuesday submitted a new deal for the takeover of Activision Blizzard, offering a spate of concessions after U.K. regulators rejected its initial proposal.

Microsoft  shares were trading lower, despite quarterly results that edged Wall Street estimates for both revenue and profits.

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Microsoft shares rallied to an all-time high after the company announced pricing for its new AI subscription service.

Sony signed a binding 10-year deal with Microsoft to keep the best-selling Call of Duty series available on PlayStation.

The U.K. Competition and Markets Authority extended the deadline of its review of Microsoft’s takeover of Activision Blizzard to August 29.

The Federal Trade Commission plans to bring its effort to stop Microsoft from closing its Activision Blizzard deal to the 9th Circuit appeals court.

The Federal Trade Commission has lost its request for a preliminary injunction to block Microsoft’s $69 billion deal to purchase Activision Blizzard, according to a ruling from U.S. District Judge Jacqueline Scott Corley.

Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year.

With U.S. antitrust enforcers determined to stop Microsoft from buying “Call of Duty” maker Activision Blizzard, the companies’ two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward.

Microsoft’s $69 billion proposed acquisition of Activision Blizzard faces a key test on Thursday as a federal judge will hear arguments over U.S. regulators’ attempt to block the deal.

The Federal Trade Commission is set to file for an injunction Monday seeking to block Microsoft’s proposed acquisition of Activision Blizzard, a person familiar with the matter told CNBC.

Alphabet’s Google and Microsoft are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands and risks further pushback from the industry, ad buyers told Reuters.

Twitter is accusing Microsoft of using the social media company’s data in ways that were unauthorized and never disclosed.

European Union regulators on Monday approved Microsoft’s proposed $69 billion acquisition of gaming firm Activision Blizzard.

European regulators are expected to approve Microsoft’s $69 billion deal for Activision Blizzard imminently. A European approval wouldn’t clear the path for acquisition to go ahead, but it would be a helpful point of reference for Microsoft as it takes on objections in the U.S. and U.K.