During the 2023 Wells Fargo TMT Summit, Xbox chief financial officer Tim Stuart publicly stated that the company’s ultimate goal is to transform Xbox Game Pass into the leading game streaming service on all platforms, not just limited to Microsoft’s console. According to Stuart, the company intends to make Game Pass accessible “every screen that …
Warren Buffett.Getty Images / Bill Pugliano Warren Buffett’s company sold a bunch of stocks and made at least one confidential bet last quarter. Berkshire Hathaway exited long-held stakes in GM, J&J, P&G, UPS and Mondelez. Berkshire didn’t disclose one or more of its purchases as it was still building its positions. Warren Buffett’s Berkshire Hathaway …
Image: Activision Call of Duty: Modern Warfare III’s single-player campaign was panned by critics when it released early on November 2. Reviewers hit it with low scores and said it felt short, rushed, and incomplete. Now Bloomberg reports that the game was rushed out in half the time of a normal Call of Duty sequel, …
Image: Blizzard Activision Blizzard has officially announced the termination of the Overwatch League, a bold undertaking in the world of esports. The decision follows rumors of a financial quagmire, with each of the 20 participating teams reportedly receiving a $120 million payout. This brings the curtain down on a chapter that, despite its significance to …
<h1>BlizzCon 2023: Opening Ceremony, Game Reveals, and More!</h1> <p>After a hiatus due to the COVID-19 pandemic, BlizzCon made a grand return in 2023. Fans flocked to the Anaheim Convention Center to get the latest updates on Blizzard Entertainment’s games. The highly anticipated Opening Ceremony kickstarted the event and showcased updates on titles like Overwatch 2 …
Microsoft has received final approval from British regulators for its $69 billion deal to acquire video game developer Activision Blizzard, marking a significant milestone in the process. The U.K.’s Competition and Markets Authority (CMA) has granted clearance for the restructured version of this massive tech deal, almost 22 months after it was first announced. In …
Xbox parent Microsoft successfully completed its $75 billion acquisition of Activision Blizzard, a major video game company, on Friday, despite ongoing opposition from the Federal Trade Commission (FTC). This acquisition is the largest in the history of the video game industry. Earlier in the day, the UK’s Competition and Markets Authority (CMA) dropped its opposition, …
Microsoft has successfully completed its acquisition of video game-maker Activision Blizzard for a whopping $69 billion. This marks one of the most expensive tech acquisitions in history and is expected to have a significant impact on the video game industry. The deal has received final approval from Britain’s competition watchdog, following their earlier decision …
Wall Street is expressing concerns about the US economic outlook, as private payroll data fell short of expectations and red flags are emerging in the US Treasury bond market. Eric Beiley, Steward Partners, Part 1 According to the latest ADP report, private payrolls only increased by 89,000 jobs in September. This figure is significantly lower …
British competition regulators have given preliminary approval to Microsoft’s restructured $69 billion deal to acquire video game maker Activision Blizzard. This approval is a significant step forward for one of the largest tech transactions in history. The Competition and Markets Authority has stated that the updated proposal addresses previous concerns about stifling competition in the …