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Pushing Buttons: What the biggest deal in games history means for Call of Duty, Overwatch and more

The Guardian

Last week, Microsoft completed its $69bn purchase of Activision Blizzard, sealing a deal that many called the biggest in video game history (although they are overlooking the 1965 merger of Nihon Goraku Bussan and Rosen Enterprises to form the glorious Sega Enterprises, but let's not get into that). Microsoft was keen to slightly downplay the significance of the moment in its own press release, pointing out that it will become only, "the world's third-largest [emphasis my own] gaming company by revenue, behind Tencent and Sony". However, we all understand the awesome power it now wields, with Call of Duty, World of Warcraft, Overwatch and Candy Crush Saga under its command. How will this affect us, the gamers? Not much to begin with.


Microsoft's Activision Blizzard acquisition will harm UK gamers, says watchdog

The Guardian

The UK's competition regulator has ruled that Microsoft's $68.7bn (£59.6bn) The Competition and Markets Authority (CMA), which launched an in-depth investigation in September after raising a host of concerns about the biggest takeover in tech history, said the deal would weaken the global rivalry between Microsoft's Xbox and Sony's PlayStation consoles. "Our job is to make sure that UK gamers are not caught in the crossfire of global deals that, over time, could damage competition and result in higher prices, fewer choices, or less innovation," said Martin Coleman, the chair of the independent panel of experts conducting the investigation. "We have provisionally found that this may be the case here." The CMA said possible remedies to address competition issues included selling or spinning off the business that makes Call of Duty, or the entire Activision arm of the combined Activision Blizzard.


Why some AI companies are securing massive funding despite economic downturn

#artificialintelligence

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Tech startups are going through tough times as a result of a slowdown in growth capital. Investment firms are advising their portfolio companies to extend their runway. Companies are suffering from valuation markdowns and resorting to layoffs to cut costs.