ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2024-05-19  |  UPDATED: 1402/11/15 - 18:13:1 FA | AR | PS | EN
Formation of the Federalist Assembly of Afghanistan             Israel launches missile attack on outskirts of Damascus, killing Syrian civilians             íUK national scandalí: 20,000 mental health patients íraped, sexually assaultedí in NHS care             Three US troops killed, dozens injured in drone attack in Syria             Trump says NATO will not come to rescue if US attacked             Ukraine beset by $40m fraud in arms procurement amid war with Russia            US approves sale of F-16 jets to Turkey after Ankara ratifies Swedenís NATO membership             UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza             Taliban: Afghanistan Does Not Have Formal Border With Pakistan             Gazaís major health facility collapses amid Israeli attacks: MSF             Americans to redeploy nuclear weapons in UK amid fears of WW3             Biden makes history: 1st sitting US president sued for complicity in genocide             Trump walks out of courtroom during closing arguments of Carrollís attorney            US: 3 dead in shooting at Texas apartment complex            US-UK aggression against Yemen risks expansion of war: Iran            


DATE PUBLISHED: 1400/10/28 - 20:09:5
VISIT: 3436
SHARE WITH YOUR FRIENDS

Microsoft buying Activision Blizzard in all-time record deal


© Pavlo Gonchar / SOPA Images / LightRocket via Getty Images

Microsoft has announced it will acquire the scandal-ridden game studio behind ‘Diablo’ and ‘Call of Duty’ for an impressive $68.7 billion

Microsoft has revealed it will purchase Activision Blizzard, the game studio behind several popular franchises, in a record-breaking $68.7 billion all-cash deal. Activision Blizzard has recently been engulfed in controversy.

The deal shatters the previous industry record set just last week when Take Two offered Zynga $12.7 billion for their acquisition. Microsoft’s announcement has seen shares of Activision soar some 37%, but Microsoft’s own shares have fallen more than 2% after the announcement.

If the deal goes through, Microsoft would become the third-largest gaming company in the world, behind China’s Tencent and Japan’s Sony. Satya Nadella, the CEO of Microsoft, detailed their interest in acquiring Activision Blizzard as being excited to invest in an industry set to play a big role in the future metaverse.

"Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms," she said in a statement. "We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all."

According to a blog post by Xbox head Phil Spencer, until the transaction is finalized Microsoft Gaming and Activision Blizzard, along with all its studios, will continue to operate independently, with Bobby Kotick retaining his position as CEO of Activision Blizzard. However, once the acquisition is complete, all will answer to Spencer as the overall CEO.

He went on to state that upon deal closure, Microsoft will offer Activision Blizzard games, both old and new, within the Xbox Game Pass and PC Game Pass, as subscriber numbers have reached over 25 million people. The merger is bound to increase that number, as Activision Blizzard is responsible for several hugely successful franchises such as Call of Duty, Warcraft, Diablo, Overwatch, Candy Crush and more.

The acquisition announcement comes as Activision Blizzard is still embroiled in controversy, and faces multiple lawsuits and federal investigations revolving around the company’s alleged discriminatory practices against women. The claims against the company suggest that female employees consistently faced gender discrimination and harassment, and that the company had developed a toxic ‘bro culture’.

A number of employees have also called for the resignation of Bobby Kotick as CEO, over his involvement in covering up the multiple problems at various studios and failing to address or fix the issues rampant throughout the company.

Since the allegations and lawsuit became public Kotick has announced a series of changes at Activision, including the introduction of a zero tolerance policy regarding harassment as well as an end to mandatory arbitration for harassment and discrimination claims. Since July, at least 80 employees have reportedly been disciplined or fired from the company.

However, after a Wall Street Journal report revealed that Kotick allegedly knew, withheld, and possibly participated in the abusive behavior at the company an internal email from Microsoft’s Phill Spencer stated that the company was "deeply troubled by the horrific events and actions" at Activision Blizzard and that Microsoft was "evaluating all aspects of our relationship with Activision Blizzard and making ongoing proactive adjustments."

 

LINK: https://www.ansarpress.com/english/26221


TAGS:






*
*

*



SEE ALSO

WhatsAppís AI feature depicts Palestinian boys with guns, Israelis with books


UN chief calls for íunitedí response to AI threats


Texas sues Meta over facial recognition


Drones flying over Mars could cause Saint Elmoís fire, NASA says


NASAís new space telescope nears destination in solar orbit


NASA warns that Russia module may be isolated from rest of space station


Earthís core cooling faster than expected


Mystery on Moonís dark side solved


Ex-NASA head explains what could make Mars and Venus habitable


ĎArtificial Suní hits record temperature





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

Federalism in Afghanistan: Opportunities and Challenges

Formation of the Federalist Assembly of Afghanistan

Israel launches missile attack on outskirts of Damascus, killing Syrian civilians

íUK national scandalí: 20,000 mental health patients íraped, sexually assaultedí in NHS care

Three US troops killed, dozens injured in drone attack in Syria

Trump says NATO will not come to rescue if US attacked

Ukraine beset by $40m fraud in arms procurement amid war with Russia

US approves sale of F-16 jets to Turkey after Ankara ratifies Swedenís NATO membership

UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza

Taliban: Afghanistan Does Not Have Formal Border With Pakistan

Gazaís major health facility collapses amid Israeli attacks: MSF

Americans to redeploy nuclear weapons in UK amid fears of WW3

Biden makes history: 1st sitting US president sued for complicity in genocide

Trump walks out of courtroom during closing arguments of Carrollís attorney

US: 3 dead in shooting at Texas apartment complex

US-UK aggression against Yemen risks expansion of war: Iran

Yemen directly hits US warship with ballistic missile

Hamas has self-reliantly opposed the three giant intelligence agencies of the world!

President Raeisi calls for UN reform, says body unable to end Gaza genocide

Pedram: The Abduction of Hazara and Tajik Women Recalls the Crimes of Abdur Rahman

Special envoys from G7 countries discuss Afghanistan in London meeting

Turkish lawmakers open debate over Swedenís NATO membership

UN agency says over half a million Palestinians face Ďcatastrophic hungerí in Gaza

Palestinian Islamic Jihad: Al-Maghazi operation proved defeat of Israeli regime in Gaza war

European support for Israel damaging energy security on the continent, report says

Pakistan Army Kills Seven ĎTerroristsí Near Afghan Border

Israel kills at least 190 people in Khan Younis in 24 hours

UNAMA report: 49 Hazara community members killed in Afghanistan in three months

Indiaís Modi inaugurates Hindu temple on site of razed mosque ahead of elections

US 2024 election: DeSantis drops out of Republican presidential race, backs Trump

Survivors of Russian charter flight crash transferred to Kabul

Iranís anti-terror strikes Ďclear messageí to certain recipients: Foreign Ministry

Ethnic mass killings in one Sudan city last year left up to 15,000 dead: UN report

Iran says reserves right to avenge Israelís assassination of IRGC advisors

Rocket barrage targets Ain al-Asad base housing US forces in western Iraq

Lebanese media: Israeli drone kills 2 Hamas members in southern Lebanon

Five IRGC advisors assassinated in Israeli aggression on Syria

Pakistan recalls ambassador from Tehran

Iraqi PM stresses to NATO chief ending of foreign troops

UN chief reiterates call for immediate ceasefire in Gaza


MEDICAL NEWS


ANSAR PRESS ©  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. ›—ś‘ź«Ś «یš —š ی šŕŠ»šŌ«š