David Becker/Getty Images Entertainment Activision Blizzard (NASDAQ:ATVI) is 3.6% lower postmarket alongside a holiday eve report that the Federal Trade Commission is likely to file an antitrust lawsuit to block its $69B acquisition by Microsoft (NASDAQ:MSFT). The FTC hasn’t yet voted out a complaint or even meet with company lawyers, but its staff reviewing the … Read more
The Dow Jones Industrial Average continued a day of choppy trading and added to the morning’s 0.2% gain in the afternoon session. The index was up 0.4% at about 3 p.m. ET. X The Fed’s minutes on Wednesday showed that the path to higher interest rates remains intact. The latest producer price index and employment … Read more
For people of a certain persuasion, it’s fun to make fun of Microsoft (MSFT). It’s outdated and occasionally bloated software. An operating system version so despised that most users refused to upgrade from its predecessor and instead waited for its replacement. A browser that once held 95% of world market share, no longer leads in … Read more
Microsoft’s $75bn acquisition of video game maker Activision Blizzard faces an in-depth UK competition probe if the US tech giant fails to address antitrust concerns by next week. The UK’s competition regulator said on Thursday that Microsoft had five days to propose remedies, making it the first global antitrust regulator to sound the alarm over … Read more
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Matt O’brien And Kelvin Chan FILE – The Activision Blizzard Booth is shown on June 13, 2013, during the Electronic Entertainment Expo in Los Angeles. Microsoft’s plan to buy video game giant Activision Blizzard for $68.7 billion could have major effects on the … Read more
Text size Microsoft has said it plans to release Activision’s Call of Duty videogames on Sony’s PlayStation. Rich Polk/Getty Images for Activision Activision Blizzard stock continues to trade at a steep discount to what Microsoft has agreed to pay for the company, but an analyst at MoffettNathanson thinks that could soon change. Analyst Clay Griffin … Read more