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Microsoft, the famous tech giant and maker of the Xbox consoles, has recently acquired the video game company Activision Blizzard for $69 billion. With this acquisition, Microsoft now owns several video game franchises originally owned by Activision Blizzard, including popular titles such as Call of Duty, Overwatch, Warcraft, and Candy Crush.
Microsoft recently filed a formal response to the FTC's claims that the $68.7 billion deal is an illegal acquisition that should be stopped.
Daniel Alegre is set to become Yuga Labs' new CEO in the first half of 2023 and will focus on the company's Otherside project.
Microsoft Takeover of Activision could succumb to regulatory pressure.
Microsoft's proposed deal to acquire Activision Blizzard for $68.7 billion could be approved by the Federal Trade Commission [...]