Nintendo Switch Considered a Competitor to Xbox Series S/X and PS5 in FTC Hearing

Nintendo Switch Considered a Competitor to Xbox Series S/X and PS5 in FTC Hearing

(Photo/Associated Press) In the U.S. Federal Trade Commission (FTC)’s public hearing against Microsoft’s acquisition of Blizzard, Nintendo was accidentally involved. Should Switch be considered a competitor to Microsoft’s Xbox Series S/X and Sony’s PS5? It has become a major focus of discussion, and after discussion, the American judges gave a positive answer. According to “IGN” … Read more

NWS Holding Acquired by Chow Tai Fook Enterprises in HK$35.5 Billion Deal

NWS Holding Acquired by Chow Tai Fook Enterprises in HK.5 Billion Deal

Jakarta – Hong Kong billionaire Henry Cheng’s investment firm, Chow Tai Fook Enterprises (CTFE), has announced it will buy NWS Holding. For this acquisition, the company offered HK$ 35.5 billion, equivalent to US$ 4.5 billion or IDR 67.5 trillion (exchange rate IDR 15,000/US$). As reported by Forbes, Saturday (1/7/2023), NWS Holding itself is part of … Read more

Microsoft’s Acquisition Plans for 2021: Sega, Bungie, IO Interactive, and More Revealed

Microsoft’s Acquisition Plans for 2021: Sega, Bungie, IO Interactive, and More Revealed

Microsoft has spent billions of dollars in recent years to bolster its publishing capabilities and Game Pass subscriptions. Thanks to the ongoing federal lawsuit, we learned more. Microsoft was considering more than 100 companies to buy in 2021. Among them, Sega, Bungie (creators of Destiny), IO Interactive (Hitman), Supergiant Games (Hades), Niantic (Pokémon GO), Thunderful … Read more

Postbank Acquires BNP Paribas Personal Finance, Rebrands as PB Personal Finance

Postbank Acquires BNP Paribas Personal Finance, Rebrands as PB Personal Finance

The products and services offered by “BNP Paribas Personal Finance” until now will be preserved “in their full scope”, and will be offered to current and new customers as a product line “PB Personal Finance, part of Postbank” (PB Personal finance by Postbank) “. The “Deposits with a Future” platform will be added to the … Read more

UK Competition Authority Bans Microsoft and Activision from Standard Stock Purchases

UK Competition Authority Bans Microsoft and Activision from Standard Stock Purchases

It’s been a few weeks since the UK’s Competition and Markets Authority (CMA) banned Microsoft from buying Activision Blizzard for nearly $69 billion. This is due to concerns that Xbox’s merger with the Call of Duty and Diablo publisher would change the future of the fast-growing cloud gaming market, leading to reduced innovation and less … Read more

“Microsoft’s Acquisition of Activision Blizzard faces hurdles in Europe and UK Antitrust Authority”

“Microsoft’s Acquisition of Activision Blizzard faces hurdles in Europe and UK Antitrust Authority”

Reuters agency it said approval of the transaction was expected to take place next week. The EC will probably issue a decision already on Monday. Microsoft made a series of concessions to get regulators to clear the deal. For example, license agreements were concluded with competitors in the field of cloud gaming – for example, … Read more

“Microsoft Struggles to Acquire Activision Blizzard Amid Termination Fee Concerns, CEO Bobby Kotick’s Fate Uncertain”

“Microsoft Struggles to Acquire Activision Blizzard Amid Termination Fee Concerns, CEO Bobby Kotick’s Fate Uncertain”

Jakarta – Struggle Microsoft to be able to acquire Activision Blizzard it feels so hard. If they fail to buy this video game giant, they will have to pay termination fees of up to tens of trillions of rupiah. Microsoft’s loss was conveyed directly by the CEO of Activision Blizzard, Bobby Kotick. He revealed that … Read more

“Microsoft’s $68.7 Billion Bid to Purchase Activision Blizzard Blocked by UK Competition Authority”

“Microsoft’s .7 Billion Bid to Purchase Activision Blizzard Blocked by UK Competition Authority”

For more than a year the world of gaming awaits news about the possible purchase of Activision Blizzard by Microsoft. the assumption deal It has been analyzed for months by different commissions and finally today there is more news about it. The Competition Makers Authority (Competition and Markets Authority, CMA)the body that regulates the market … Read more

Microsoft Makes Concessions to European Commission to Keep Acitivision and Avoid Losses – Latest Development

Microsoft Makes Concessions to European Commission to Keep Acitivision and Avoid Losses – Latest Development

The European Commission, which functions essentially as the EU’s antitrust authority, has not yet commented on Microsoft’s new offer. But this is not at all surprising, as the EC staff do not comment on the investigation during its course. In accordance with EC policy, however, it is clear that with the documentation of this case … Read more

Sony demands that Microsoft be forced to sell Call of Duty before acquiring Activision

Sony demands that Microsoft be forced to sell Call of Duty before acquiring Activision

Sony demands that Microsoft be forced to sell Call of Duty before acquiring Activision The Japanese electronics giant Sony Group Corp., which produces the PlayStation game console, urged Britain’s Competition and Anti-Monopoly Authority to reject the US software empire Microsoft’s takeover of British computer game development company Activision Bilzard, or to force the US company … Read more