Microsoft’s $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK’s CMA Softens Stance

Microsoft’s $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK’s CMA Softens Stance

ByNews Polite

Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a US judge gave a thumbs-up to the $69 billion (roughly Rs. 5,65,480 crore) deal and a British regulator suggested it could reconsider its opposition. Activision shares surged 10 percent on the day, as…

Meta Accepts CMA Order to Sell Giphy After Losing Appeal in UK Antitrust Battle

Meta Accepts CMA Order to Sell Giphy After Losing Appeal in UK Antitrust Battle

ByNews Polite

A UK competition regulator on Tuesday re-issued its order for Facebook owner Meta to sell animated graphics startup Giphy in a final decision after a failed appeal. The Competition and Markets Authority (CMA) said in a statement that Giphy must be “sold off in its entirety”, having already ruled last…