A US court on Tuesday banned Microsoft from completing the purchase of Activision Blizzard, one of the world's largest video game companies, until the court rules on an appeal brought by the competition authority. The decision, made by the federal court in San Francisco, comes in response to a request filed with the...
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November 28, 2022November 28, 2022Technology & Innovation
Microsoft's acquisition of Activision may be blocked
The US Federal Trade Commission could soon file a lawsuit opposing Microsoft's acquisition of Activision Blizzard, reports Politico, citing sources close to the regulator. The publication, also quoted by Notícias ao Minuto, says that the decision is not final, but that it is "likely" that a lawsuit will be filed to block...
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January 19, 2022January 19, 2022Markets, Technology & Innovation
Sony slides almost 13% on the stock market after Microsoft buys Activision
Sony fell nearly 13% on the stock market on Wednesday after it announced Microsoft's deal to acquire Activision, the video game giant that owns titles like "Call of Duty" and "Candy Crush." This slide pushed the company's stock to October 2021 levels, ending a sequence that...