Offers
February 08, 2023 at 7:21 p.m. 1 minute
| Reuters reported that the UK has put another hurdle in the way of Microsoft’s $69 billion mega-buy of Call of Duty maker Activision Blizzard as it could hurt gamers by weakening the rivalry between Xbox and Sony’s PlayStation . |
The biggest gaming deal ever could result in higher prices, fewer choices, and less innovation for millions of gamers, stifling competition in cloud gaming. Activision shares fell 3% in early trade in New York. Microsoft, which announced an AI-driven overhaul of its search capabilities on Tuesday, rose 2.4%.
article tags
Topics of interest: Offers
Type: Reuters best
Sectors: corporate financetechnology
Regions: EuropeNorth America
Countries: EnglandUnited States
Types of prizes: total coverage
Story Types: spot news
Media Types: text
Impact on the customer: Great Global Story
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