Thursday, 28th March 2024
To guardian.ng
Search

US sues to block Microsoft’s takeover of Activision in blow to big tech

By France24
09 December 2022   |   5:07 pm
The Federal Trade Commission on Thursday sued to block Microsoft's planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

0 Comments

Your email address will not be published. Required fields are marked *

Related

3 days ago
In this edition we discover Spain's Rio Tinto, or Red River, in Andalusia. The waterway's unique purple and burgundy tints, as well as sometimes yellow or blue colours, are due to the significant quantities of iron in the river.
2 days ago
Media companies claim Telegram is allowing users to upload their content without permission. A Spanish court has now ordered for the platform to be suspended as a "precautionary measure."
3 days ago
Boeing's CEO will step down by the end of the year as part of a broader management shakeup at the company, which has been rocked by a series of safety mishaps in recent months.
2 days ago
At a time when US federal government is pushing for a ban on TikTok, Florida Governor Ron DeSantis has signed a law restricting children's access to social media. The law will come into effect on January 1, 2025.
2 days ago
The US and UK formally accuse China of being behind widespread cyberattacks on institutions and journalists. US hip-hop mogul Diddy's houses are raided by federal agents over sex trafficking and rape allegations.
5 hours ago
With the war between Israel and Hamas now in its sixth month, the needle is moving. But by how much? For the first time, the United States has lifted its veto on a UN resolution calling for an immediate ceasefire in Gaza. In past conflicts, whenever Washington has called time, Israel has bended.