Breaking News: Microsoft Successfully Completes Activision Blizzard Acquisition After Regulatory Approval

Satya Nadella, CEO of Microsoft Corp., spoke at the Ignite Spotlight event in Seoul, South Korea on November 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft has successfully completed its $69 billion acquisition of video game publisher Activision Blizzard, according to a regulatory filing by Microsoft on Friday. This marks the largest deal …

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Top F, SCHL, SQSP, DE and More: Unveiling the Latest Updates

A visitor views a titanium hybrid 2020 Ford Escape FWD small SUV at the Canadian International Auto Show in Toronto, Ontario, in Canada, Feb. 18, 2020. Chris Helgren | Reuters Discover the latest news in midday trading. Ford — Shares surged approximately 2% during midday trading after a CNBC report highlighted advancements in negotiations between …

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UK Regulator Considers Greenlighting Microsoft’s Compelling Offer to Acquire Activision Blizzard

Microsoft has submitted a revised proposal to U.K. regulators for its acquisition of American game publisher Activision Blizzard, following the rejection of its initial offer. Nurphoto | Nurphoto | Getty Images LONDON — The competition regulator in the U.K. stated on Friday that Microsoft’s restructured takeover proposal of Activision Blizzard, which was submitted in August, …

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Microsoft predicts rapid gaming growth driven by ads and mobile transactions

Phil Spencer, CEO of Microsoft’s gaming unit, arrives at federal court in San Francisco on June 28, 2023. Loren Elliott | Getty Images Microsoft executives in 2022 predicted that gaming growth would be driven by advertising and mobile purchases in the coming years, according to recently published documents found inadvertently on a court website. The …

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It is up for regulators to make the decision.

Microsoft is emphasizing its efforts to address regulatory concerns regarding its bid to acquire Activision Blizzard in the UK. Brad Smith, Microsoft’s vice-chairman and president, stated that the company took these concerns seriously and is awaiting the regulators’ decision. The new proposal submitted by Microsoft has been restructured, and the UK’s Competition and Markets Authority …

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Midday Market Update: DKS, M, SCHW Stocks Experience Major Swings

A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014. Getty Images Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock plummeted nearly 24% following a rare earnings miss and a downward revision of its guidance for the year. The decline was partly attributed to an increase …

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Revised Microsoft-Activision Deal Sparks 9% Surge in Ubisoft Stock

Yves Guillemot, the visionary CEO and co-founder of Ubisoft, captivated audiences at the Ubisoft Forward livestream event in Los Angeles, California, on June 12, 2023. Robyn Beck | AFP | Getty Images Shares of the esteemed French game maker, Ubisoft, experienced a remarkable 9% surge in European trading on Tuesday following a groundbreaking announcement. Microsoft, …

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EU launches investigation into Microsoft’s bundling of Teams app, citing potential antitrust concerns

Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters European Union regulators have initiated an antitrust investigation into Microsoft’s practice of bundling its video and chat app, Teams, with other Office products. The European Commission, the EU’s executive arm, believes that these …

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