The end of an era: Activision Blizzard’s Overwatch League comes to a close

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 …

Read more

Unveiling the Splendid Split: The Magnificent Seven Market Leaders Parted Ways in October

The 2023 stock market rally witnessed a divergence in fortunes among the “Magnificent Seven” tech giants as they navigated through earnings reports, industry narratives, and investor fatigue. According to Interactive Brokers chief strategist Steve Sosnick, these stocks cannot be viewed as a collective entity anymore. In October, Amazon (AMZN) and Microsoft (MSFT) were the only …

Read more

Unveiling the Remarkable Bond Between Nintendo and Microsoft: A Conversation with Doug Bowser

Image: Nintendo Life If you’re wondering about the relationship between Nintendo and Microsoft following recent Xbox email leaks, you’ll be pleased to know that there is no bad blood. In an exclusive interview with Inverse, Doug Bowser, the president of Nintendo of America, asserts that Nintendo has a strong and positive partnership with Microsoft and …

Read more

LinkedIn slashes over 600 jobs amidst hiring service deceleration

Microsoft’s LinkedIn announced on Monday that it will be laying off 668 employees in its engineering, talent, and finance teams. This comes as the second round of job cuts for the professional social media network, as the demand for hiring services slows down. With this round of layoffs, more than 3% of LinkedIn’s 20,000-strong staff …

Read more

Game-Changer: Microsoft’s $69B Acquisition of Activision Approved

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 …

Read more

Unlocking the Present: AI Dealmaking Takes a Dip, But For How Long?

Hello, fellow humans! We hope you’re enjoying the new and limited Saturday edition of the Daily Brief. In this edition, we’re focusing on AI, but don’t worry, it’s written by actual people—not bots. Do you have any burning questions about AI or some interesting AI hallucinations you’d like to share? Feel free to email us …

Read more

Breaking News: Microsoft Successfully Closes $75 Billion Activision Deal Amidst FTC Battle

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, …

Read more

Report: Microsoft and Google chatbots falsely claim cease-fire in Israel-Hamas war

Microsoft and Google’s AI chatbots are producing erroneous information about the Israel-Hamas conflict, including false claims of a cease-fire agreement. Google’s Bard stated that “both sides are committed” to peace, while Bing Chat claimed that “the ceasefire signals an end to the immediate bloodshed.” However, no such cease-fire has occurred, as Hamas continues to fire …

Read more