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Microsoft-Activision Deal Roadblock Lifted As Judge Denies FTC's Injunction Request
Tuesday, July 11, 2023 - 1:14pm | 854Federal Judge Jacqueline Scott Corley has denied the Federal Trade Commission's request for a preliminary injunction of Microsoft Corporation's (NASDAQ: MSFT) acquisition of video game publisher Activision Blizzard Inc (NASDAQ: ATVI). "After considering the parties’ voluminous...
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Microsoft CEO Has 'No Love' For Console Exclusives, Blames Sony; District Judge Says 'It's Hard' To Decide On Activision Tie-Up
Friday, June 30, 2023 - 2:08pm | 819Microsoft Corp (NASDAQ: MSFT) CEO Satya Nadella has placed the blame for the existence of console exclusives on Sony Group Corp. (NYSE: SONY), saying that he would prefer to eliminate them altogether. What Happened: During his testimony at a hearing in the lawsuit filed by the ...
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Sony's Confidential Document Accidentally Reveals Massive Call of Duty Earnings On PlayStation
Thursday, June 29, 2023 - 3:18pm | 381A leaked document accidentally revealed the revenue generated by the Call of Duty franchise on Sony Group Corp.'s (NYSE: SONY) PlayStation platforms. The document was initially submitted as evidence in the ongoing legal proceedings between the Federal Trade Commission (FTC) and...
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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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Xbox's Phil Spencer Vows To Keep 'Call Of Duty' On PlayStation: 'I Will Do Whatever It Takes'
Monday, June 26, 2023 - 3:43pm | 538Microsoft Corporation (NASDAQ: MSFT)'s commitment to keeping "Call of Duty" available on PlayStation consoles, even after its potential acquisition of Activision Blizzard Inc (NASDAQ: ATVI), was reaffirmed by Xbox boss Phil Spencer during the ongoing Federal Trade Commission (FTC)...
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Sony CEO's Private Email Contradicts Public Stance On Microsoft's Activision Blizzard Deal: "It Is Not An Exclusivity Play"
Sunday, June 25, 2023 - 4:28pm | 489A private email from Sony Interactive Entertainment's CEO Jim Ryan contradicts Sony Group Corp's (NYSE: SONY) public arguments against Microsoft Corp's (NASDAQ: MSFT) proposed acquisition of Activision Blizzard Inc (NASDAQ: ATVI). In the email directed to Chris Deering (the former...
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Sony Said It Could Not 'Risk' Sharing PlayStation 6 Details With Activision If Microsoft's Buyout Goes Through
Thursday, June 22, 2023 - 3:21pm | 567Sony Interactive Entertainment President and CEO Jim Ryan expressed Sony Group Corp's (NYSE: SONY) concerns regarding the potential implications of Microsoft Corp.'s (NASDAQ: MSFT) proposed acquisition of Activision Blizzard Inc (NASDAQ: ATVI). As per Eurogamer, Ryan emphasized...
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FTC Cites Xbox's Exclusive Games As Strong Case Against Microsoft, Activision Blizzard Merger
Wednesday, June 21, 2023 - 5:28pm | 555The U.S. Federal Trade Commission (FTC) has submitted a new document that emphasized Microsoft Corp.'s (NASDAQ: MSFT) post-acquisition conduct involving ZeniMax and Bethesda as "powerful evidence" against the company's intended acquisition of Activision Blizzard Inc...
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Bobby Kotick, Activision Blizzard's CEO: 'We Did Not Have A Systemic Issue With Harassment — Ever'
Thursday, June 1, 2023 - 6:53pm | 693Activision Blizzard Inc (NASDAQ: ATVI) CEO Bobby Kotick has taken to the media to vehemently deny any systemic issue of harassment within the company, ahead of the two-year anniversary of the lawsuit that accused the publisher of sexual harassment and discrimination against women. "We’ve...
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Microsoft's Profitability At Risk With 'Call of Duty' Exclusivity, UK Regulator Focuses On Cloud Gaming Monopoly
Monday, May 1, 2023 - 5:43pm | 535In the 400-page report that blocked Microsoft Corp's (NASDAQ: MSFT) proposed acquisition of Activision Blizzard (NASDAQ: ATVI), the U.K.'s Competition and Markets Authority also concluded that Microsoft would suffer significant financial losses if it attempted to make "Call of Duty...
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Call Of Duty's Season 3 Update Frustrates Players With Game-Breaking Bug
Monday, May 1, 2023 - 1:57pm | 394Activision Blizzard Inc.'s (NASDAQ: ATVI) popular first-person shooter game, Call of Duty, recently launched its Season 3 update, which promised to bring a slew of new maps, weapons, modes and features to its multiplayer experience. Along with these exciting additions, the update also...
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EXCLUSIVE: Activision Blizzard's 'Focused Strategy Is Working,' Mobile Was Largest Segment In Q1 — And 'There's More On The Way'
Thursday, April 27, 2023 - 3:37pm | 1070Video game giant Activision Blizzard Inc (NASDAQ: ATVI) made lots of headlines Wednesday with shares falling in response to an announcement that its pending acquisition by Microsoft Corporation (NASDAQ: MSFT) was being blocked by regulators in the United Kingdom. As shares sold off Wednesday,...
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Microsoft Presses Ahead With Activision Acquisition, Confident In UK, EU Approval
Tuesday, April 25, 2023 - 6:25pm | 460Microsoft Corp (NASDAQ: MSFT) is forging ahead with plans to acquire Activision Blizzard Inc (NASDAQ: ATVI) for $69 billion, according to The NY Post, despite opposition from the U.S. Federal Trade Commission (FTC) over antitrust concerns. Despite being criticized by FTC Chair Lina Khan...
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Resident Evil 4 Remake Tops U.S. Sales Charts in March: What Popular Games Trailed It?
Thursday, April 20, 2023 - 5:51pm | 488Capcom ADR's (OTC: CCOEY) iconic horror game, Resident Evil 4, continues to assert its dominance in the gaming world, even in its remake form. The new version of the game secured the top spot on the sales charts in March 2023, according to the latest report by Circana, a...
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South Africa Gives Green Light To Microsoft-Activision Blizzard Merger
Tuesday, April 18, 2023 - 1:53pm | 554Microsoft Corp.'s (NASDAQ: MSFT) bid to acquire Activision Blizzard Inc (NASDAQ: ATVI) has taken a significant step forward as the Competition Commission of South Africa (CCSA) has given its approval for the deal. As per Insider Gaming, the announcement was made on Monday during the...