The US Federal Trade Commission Ponders Settlement in Battle with Microsoft over Activision Blizzard Deal The US Federal Trade Commission (FTC) is reportedly considering pausing its legal dispute with Microsoft regarding the company’s impending acquisition of Activision Blizzard. Sources familiar with the case suggest that this development opens up the possibility of a potential settlement…
Activision Blizzard Makes Layoffs and Prepares for Changes in Overwatch League Activision Blizzard recently laid off approximately 50 employees in its esports division, signaling potential significant changes for the Overwatch League. In a surprising move, the affected team members revealed that the layoffs came without warning and without any opportunity for them to switch roles…
Diablo 4: Over 10 Million Players “Experience” Game During Launch Month Activision Blizzard announced that Diablo 4 was played by over 10 million players in its first month of release. The game, available on PC and consoles, has become the studio’s fastest-selling title to date. Record-Breaking Performance In its second quarter earnings report, Activision Blizzard…
Blizzard Entertainment Announces Plans to Bring PC Games to Steam Blizzard Entertainment has announced exciting news for gamers – they will be making “a selection” of their PC games available on Steam. This means that players now have another platform to enjoy Blizzard’s popular titles. Overwatch 2 to Launch on Steam The first Blizzard game…
Microsoft and Activision Blizzard Extend Merger Agreement Microsoft and Activision Blizzard have agreed to extend their merger agreement until October 18, 2023. The move to extend the agreement came after their initial self-imposed deadline to complete the $69 billion deal expired on Tuesday. The European Commission approved the transaction in May, and last week the…
Microsoft and Activision Blizzard Negotiating Merger Extension Microsoft and Activision Blizzard are reportedly negotiating an extension to their existing merger agreement, which expires on Tuesday. After the July 18 deadline, both companies have the right to walk away from the $69 billion deal, although Microsoft will have to pay Activision a $3 billion termination fee…
Microsoft, Activision Blizzard, and UK’s Competition and Markets Authority granted extended time for merger resolution Microsoft, Activision Blizzard, and the UK’s Competition and Markets Authority (CMA) have formally been granted additional time to resolve their dispute over the anticipated merger of the game companies. In April, the CMA expressed concerns about the impact of the…
Microsoft Considering Selling UK Cloud Gaming Rights to Gain Regulatory Approval for Activision Blizzard Acquisition Microsoft is reportedly considering selling some of its UK cloud gaming rights in a bid to gain regulatory approval for its $69 billion Activision Blizzard acquisition. According to Bloomberg sources, the company could sell the cloud-based market rights for games…
A US court denies FTC’s request to halt Microsoft’s acquisition of Activision Blizzard A US court has denied the Federal Trade Commission’s (FTC) request to further halt Microsoft‘s acquisition of Activision Blizzard, paving the way for the deal to close. Xbox firm wins court battle with the FTC Earlier this week, the Xbox firm won…
The UK’s Competition and Markets Authority (CMA) Extends Deadline for Microsoft’s Acquisition of Activision Blizzard The UK’s Competition and Markets Authority (CMA) has extended the deadline for its final decision on Microsoft’s proposed acquisition of Activision Blizzard. The regulator had been scheduled to deliver its ruling on the $69 billion merger by July 18, but…
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