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Warren Buffett's Berkshire Hathaway Set For $1B Windfall Following Microsoft-Activision Deal
Tuesday, July 11, 2023 - 11:36pm | 565On Tuesday, Warren Buffett’s Berkshire Hathaway (NYSE:BRK) stood to make a profit of over $1 billion following the court’s decision to allow Microsoft (NASDAQ:MSFT) to proceed with its acquisition of Activision Blizzard (NASDAQ:ATVI), Business Insider reports. What Happened: Berkshire...
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Activision Raises Alarm As FTC Considers Pausing Microsoft Takeover: 'We Don't See How This Will Continue'
Wednesday, June 28, 2023 - 3:52pm | 472Bobby Kotick, Activision Blizzard Inc's (NASDAQ: ATVI) CEO, said that the company would probably walk away from the $68.7 billion takeover bid by Microsoft Corp. (NASDAQ: MSFT) if the U.S. Federal Trade Commission (FTC) succeeds in obtaining a ruling that would pause the deal. According to...
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Microsoft's Acquisition Ambitions Exposed: Why Did Xbox Want To Buy SEGA?
Tuesday, June 27, 2023 - 4:54pm | 417Newly revealed evidence in the ongoing legal battle between the Federal Trade Commission (FTC) and Microsoft Corp.'s (NASDAQ: MSFT) acquisition of Activision Blizzard Inc (NASDAQ: ATVI) shed some light on the tech giant's strategy. Internal documents revealed Xbox's...
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DDoS Attack Plagues Diablo IV: Players Experience Login Issues, Disconnections
Monday, June 26, 2023 - 2:44pm | 466Activision Blizzard Inc's (NASDAQ: ATVI) recently released multiplayer-only action role-playing game, Diablo IV, experienced a disruptive DDoS (distributed denial-of-service) attack, causing login issues and disconnections for players during peak traffic. As per Kotaku, an official message...
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Microsoft Admits 'Xbox Has Lost The Console Wars' During FTC Court Hearing
Friday, June 23, 2023 - 2:01pm | 498In a court document submitted during the Federal Trade Commission's (FTC) hearing regarding Microsoft Corp.'s (NASDAQ: MSFT) $68.7 billion acquisition of Activision Blizzard Inc (NASDAQ: ATVI), the Xbox manufacturer admitted that it has lost the video game wars against rivals Sony Group...
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Satya Nadella To Phil Spencer: Battery Of Top Microsoft Execs To Defend Against FTC Blocking Activision Blizzard Deal
Wednesday, June 21, 2023 - 6:44am | 468Microsoft Corp. (NASDAQ:MSFT) is gearing up to take the battle against the US Federal Trade Commission's (FTC) attempt to block the Activision Blizzard deal. A battery of top executives, including Microsoft CEO Satya Nadella, Xbox chief Phil Spencer, and Activision Blizzard CEO Bobby Kotick will...
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Unleashing Hell: 'Diablo IV' Surpasses $666M Mark, Smashing Sales Records
Tuesday, June 13, 2023 - 2:41pm | 406Activision Blizzard Inc's (NASDAQ: ATVI) recently released game, "Diablo IV," has achieved remarkable success within its first week of launch, surpassing $666 million in sales. Although the breakdown of these earnings in relation to microtransactions has not been disclosed, this...
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FTC Sues To Block Microsoft's Acquisition Of Activision Blizzard; Microsoft Welcomes It
Tuesday, June 13, 2023 - 8:24am | 406The U.S. Federal Trade Commission (FTC) has sued to block Microsoft's (NASDAQ:MSFT) acquisition of video game maker Activision Blizzard (NASDAQ:ATVI), stating that the deal will hurt consumer choice and competition. What Happened: The U.S. FTC has filed a temporary restraining order and injunction...
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FTC Seeks Injunction Of Microsoft's $69B Activision Blizzard Acquisition: What You Need To Know
Monday, June 12, 2023 - 2:16pm | 421In a move aimed at impeding Microsoft Corp.'s (NASDAQ: MSFT) acquisition of Activision Blizzard Inc., (NASDAQ: ATVI) the Federal Trade Commission (FTC) plans to file a lawsuit in federal court on Monday. This news, which was first reported by Bloomberg, presents a challenge for Microsoft, as...
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Activision Blizzard's 'Diablo 4' Shatters Sales Records, But In-Game Shop Prices Spark Controversy
Wednesday, June 7, 2023 - 3:56pm | 465Activision Blizzard Inc (NASDAQ: ATVI) has declared "Diablo 4" as the fastest-selling game in the company's history. Although Blizzard did not disclose specific sales figures, the game has garnered 93 million hours of playtime since its early access launch on June 1. See Also: ...
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Activision's Diablo IV Struggles With Server Overload Amid Massive Player Surge; Expansions In The Works
Tuesday, June 6, 2023 - 5:41pm | 616The highly anticipated release of Activision Blizzard Inc's (NASDAQ: ATVI) Diablo IV has been marred by persistent log-in issues as an influx of new players floods the servers. While gamers who had early access could play the game with a few issues, as the game became available to all...
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Licensing Error Plagues Activision Blizzard's 'Diablo IV' Early Access For PS5 Players
Friday, June 2, 2023 - 5:31pm | 476Activision Blizzard Inc's (NASDAQ: ATVI) "Diablo IV's" Early Access version has hit a snag, causing frustration among PlayStation 5 (PS5) players who are unable to access the game. According to Kotaku, this issue stems from a licensing error, with players encountering an "...
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Take-Two CEO Discusses $70 Game Price, Says The Company Has Not Seen 'Pushback' From Consumers
Tuesday, May 23, 2023 - 4:54pm | 383Take-Two Interactive Software, Inc. (NASDAQ: TTWO) CEO Strauss Zelnick said the company has not faced any significant backlash regarding the new $70 price point for its video games. As per VGC, Zelnick addressed the fact that other publishers have been selling their AAA titles...
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Activision CEO Predicts AI Revolution In Gaming, Dreams About AI-Powered 'Guitar Hero' Reboot
Friday, May 12, 2023 - 3:41pm | 563The CEO of Activision Blizzard Inc. (NASDAQ: ATVI), Bobby Kotick, recently spoke to his staff about his vision for incorporating artificial intelligence (AI) into future video game development. During a company-wide meeting, Kotick expressed his belief that AI will be as transformative for society...
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EA Reveals 2024 Lineup: CEO Envisions AI's Role In Gaming, Shrugs Off Activision Blizzard Deal
Wednesday, May 10, 2023 - 4:01pm | 818On Tuesday, Electronic Arts Inc. (NASDAQ: EA) held its Q4 and FY 2023 earnings call, where the company made some significant announcements regarding its upcoming release schedule. EA confirmed the release window for several upcoming titles: "Immortals of Aveum," "Madden 24," and...