UK blocks Microsoft Activision acquisition over Game Pass:
“We have already signed contracts to make Activision Blizzard’s popular games available on 150 million more devices, and we remain committed to reinforcing these agreements through regulatory remedies,” Brad Smith, Vice Chair and President at Microsoft, said in a statement. “We’re especially disappointed that after lengthy deliberations, this decision appears to reflect a flawed understanding of this market and the way the relevant cloud technology actually works.
Activision’s response to the news was more harsh. “The CMA’s report contradicts the ambitions of the UK to become an attractive country to build technology businesses,” a spokesperson wrote in a statement. “We will work aggressively with Microsoft to reverse this on appeal. The report’s conclusions are a disservice to UK citizens, who face increasingly dire economic prospects. We will reassess our growth plans for the UK.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Angry Birds Account Plays Smash Or Pass With Video Game CharactersAngry Birds account plays smash or pass with video game characters:
Read more »
Microsoft Is Struggling To Sell Xboxes, AgainEven Game Pass can't seem to make up the difference
Read more »
India to pass China this week as world's most populous nation, says the UNIndia will overtake China as the world's most populous country in the coming week, hitting almost 1.43 billion people, the United Nations said on Monday night.
Read more »
Google, Microsoft top expectations as AI rivalry heats upThe threat from an AI-augmented Bing sent Pichai on a rare US media tour recently to reassure that the company remained an industry leader on everything from search to maps to AI pioneering. theSun theSundaily BingAI AI Google LinkedIn Amazon
Read more »
Google, Microsoft top expectations as AI rivalry heats up | The Malaysian InsightArms race is expected to play out for several years and could prove to be expensive for tech giants.
Read more »
AI, cloud computing lift Microsoft quarterly revenue, profitMeanwhile, Microsoft’s “Intelligent Cloud” sophisticated software services, which are hosted online, climbed 16% to US$22.1 billion theSun theSundaily AI Microsoft Bing softwaredevelopment CloudComputing
Read more »