Microsoft to Buy Activision Blizzard for Nearly $70 Billion - The New York Times | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it
From www.nytimes.com - January 18, 2022 9:46 AM

Microsoft agreed on Tuesday to buy Activision Blizzard, the video game maker behind hits like Call of Duty and Candy Crush, for $68.7 billion in cash. It is the largest takeover in Microsoft’s 46-year history and a big bet on its future direction.

The deal plants Microsoft’s flag in the emerging battle for dominance in the so-called metaverse, the next-generation internet that melds the traditional online world with virtual and augmented reality.

It is also a challenge to regulators in Washington, as Democrats and Republicans alike have pushed to limit the power of technology giants.

 

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