May 8, 2025 - 00:36
The US regulator appealed the court’s decision in 2023 to allow the now-completed deal between Microsoft and Activision Blizzard, but the appeal has been dismissed. The Federal Trade Commission (FTC) sought to block the acquisition, arguing that it would stifle competition in the gaming industry. However, a federal court ruled in favor of Microsoft, stating that the merger would not substantially lessen competition or create a monopoly in the market.
This acquisition, valued at nearly $69 billion, is one of the largest in the tech industry and is seen as a strategic move for Microsoft to bolster its gaming portfolio and expand its presence in the cloud gaming sector. The FTC's efforts to challenge the deal reflect ongoing concerns about the power of major tech companies and their influence over various markets.
With the court's decision now final, Microsoft is expected to move forward with its plans to integrate Activision Blizzard's popular franchises, including Call of Duty and World of Warcraft, into its gaming ecosystem. The outcome of this case may set a precedent for future mergers and acquisitions in the tech industry.
June 16, 2025 - 15:47
Classic Nintendo Easter Egg Discovered in Mario Kart WorldThe recently launched Mario Kart World for the Switch 2 has unveiled a nostalgic Easter egg that pays homage to Nintendo`s long-standing legacy. This hidden gem has a rich history that dates back...
June 15, 2025 - 23:50
Lies of P: Overture is a High-Quality DLC That Really Challenges PlayersThe gaming community is buzzing with excitement over the release of `Lies of P: Overture,` a substantial expansion for the acclaimed action RPG. This DLC promises to elevate the already intense...
June 15, 2025 - 00:38
Record-Breaking Viewership for Summer Game Fest 2025The 2025 edition of Summer Game Fest saw an impressive 89% year-over-year growth in live peak viewership, reaching a record 50 million livestreams. This surge in audience engagement highlights the...
June 14, 2025 - 01:27
PS5 Surpasses PS4 in Monthly Player CountIt`s taken a long time, but Sony has reported that PS5 monthly players now outnumber those of the PS4. This milestone comes nearly five years after the launch of the PlayStation 5, marking a...