The Latest Breaking News from Activision Blizzard

Sony has had a rough few days. The Japanese tech giant has lost a whopping US$14 billion (£10 billion), or about 9% of its total value, since rival Microsoft’s announcement that it is purchasing popular videogames maker Activision Blizzard for nearly US$70 billion.

Microsoft beat market expectations Tuesday with strong quarterly performance in cloud computing and software, still benefitting from the pandemic's online shifting of work, play, shopping and learning. The US tech colossus, which announced last week a blockbuster deal to buy gaming giant Activision Blizzard, said profit jumped to $18.8 billion…

Phil Spencer misses Hexen too.

Raven Software workers form the Game Workers Alliance.

Microsoft Corp (NASDAQ: MSFT) on Tuesday announced plans to acquire game developer Activision Blizzard Inc (NASDAQ: ATVI) for $95 per share in an all-cash deal.

Microsoft was positioning itself as one of the pioneers of the metaverse even before its US$75 billion deal to buy online gaming giant Activision Blizzard. In the days after Mark Zuckerberg rebranded Facebook last October as Meta with his near movie-length promotional film about the potential for virtual worlds, Microsoft…

Phil Spencer has announced Microsoft's plans for Call of Duty on PlayStation after acquiring Activision Blizzard

Big numbers coming. Microsoft’s US$75 billion (£55 billion) acquisition of Activision Blizzard has landed – true to Call of Duty vernacular – “like a bomb” on the US$200 billion revenue video games industry.

The tech giant is positioning its big gaming acquisition as part of the drive toward a 3D metaverse, but the connection is blurry.