Microsoft Wins EU Approval for $69 Billion Activision Deal
EU Greenlights Microsoft's $69 Billion Acquisition of Activision Blizzard. Amazon Plans to Add ChatGPT-Style Search to Its Online Store. Vice Media Files for Bankruptcy. Plus, Biden and McCarthy to Resume Debt Ceiling Talks.
EU Greenlights Microsoft's $69 Billion Acquisition of Activision Blizzard. The European Commission has approved Microsoft's ($MSFT) acquisition of Activision Blizzard, citing remedies in the cloud gaming sector that address antitrust concerns. The remedies include enabling users to stream purchased Activision games on any cloud streaming platform, marking a significant victory for Microsoft.*
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Newmont Secures $19 Billion Newcrest Deal, Solidifying Gold Mining Dominance. Newmont's acquisition of Newcrest for $19 billion, pending regulatory approval, strengthens its position as the world's largest bullion producer* with mines across multiple continents, marking the gold mining sector's largest deal to date.
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