Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including "Call of Duty" to better compete with industry leader Sony .
Oh I mean “live services” that are broken on release, designed to charge you for everything and will be taking offline the moment it’s no longer profitable.
How about gamers stop throwing money away and enabling this shit company to absorb everything around it and making worse and worse games. But that won’t happen. Y’all have the conviction of sliced bread when it comes to preordering.
LONDON, Oct 13 (Reuters) - Xbox maker Microsoft (MSFT.O) closed its $69 billion deal for Activision Blizzard (ATVI.O) on Friday, swelling its heft in the video-gaming market with best-selling titles including "Call of Duty" to better compete with industry leader Sony (6758.T).
Britain finally cleared Microsoft's acquisition of Activision earlier in the day after it forced the Xbox owner to sell the streaming rights to address its competition concerns.
But the regulator ripped up its play book by reopening the case after Microsoft agreed to sell the streaming rights to Activision's games to Ubisoft Entertainment (UBIP.PA), with remedies to ensure the terms were enforceable.
Microsoft announced the deal in early 2022, aiming to boost its growth in console, mobile, PC, and cloud gaming to compete with the likes of Tencent as well as PlayStation-owner Sony.
The British government only offered limited support to the CMA, with the Finance Minister Jeremy Hunt saying that while he did not want to undermine its independence, regulators also needed to focus on encouraging investment.
CMA Chief Executive Sarah Cardell said the regulator had "delivered a clear message to Microsoft that the deal would be blocked unless they comprehensively addressed our concerns and we stuck to our guns on that."
The original article contains 641 words, the summary contains 205 words. Saved 68%. I'm a bot and I'm open source!
LONDON, Oct 13 (Reuters) - Xbox maker Microsoft (MSFT.O) closed its $69 billion deal for Activision Blizzard (ATVI.O) on Friday, swelling its heft in the video-gaming market with best-selling titles including "Call of Duty" to better compete with industry leader Sony (6758.T).
Britain finally cleared Microsoft's acquisition of Activision earlier in the day after it forced the Xbox owner to sell the streaming rights to address its competition concerns.
But the regulator ripped up its play book by reopening the case after Microsoft agreed to sell the streaming rights to Activision's games to Ubisoft Entertainment (UBIP.PA), with remedies to ensure the terms were enforceable.
Microsoft announced the deal in early 2022, aiming to boost its growth in console, mobile, PC, and cloud gaming to compete with the likes of Tencent as well as PlayStation-owner Sony.
The British government only offered limited support to the CMA, with the Finance Minister Jeremy Hunt saying that while he did not want to undermine its independence, regulators also needed to focus on encouraging investment.
CMA Chief Executive Sarah Cardell said the regulator had "delivered a clear message to Microsoft that the deal would be blocked unless they comprehensively addressed our concerns and we stuck to our guns on that."
The original article contains 641 words, the summary contains 205 words. Saved 68%. I'm a bot and I'm open source!