Page 8 - Washington Based Microsoft News Today

Regulators worry that merger would stifle competition in growing cloud gaming market

Microsoft said growth at its cloud business Azure was 27 per cent in the latest reported quarter

Microsoft beat estimates for quarterly revenue and profit, with the company saying that artificial intelligence products are helping stimulate sales.

Outcome of Microsoft's strong financial performance is likely to have a positive impact on the company's stock price and investor confidence.

The U.K. decision further dashes Microsoft’s hopes that a favorable outcome could help it resolve a lawsuit brought by the U.S. Federal Trade Commission.

British regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard over worries that it would stifle competition in the cloud gaming market

The move has thwarted the biggest tech deal in history over worries that it would stifle competition for popular titles like Call of Duty and Candy Crush in the cloud gaming market.

LONDON (AP) — British antitrust regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition for popular titles like Call of Duty in the fast-growing cloud gaming market. The Competition and Markets Authority said in its final […]

British regulators blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history.

British antitrust regulators on Wednesday blocked Microsoft's $69 billion purchase of video game maker Activision Blizzard.