Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Victoria Graham"


4 mentions found


Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. In the United States, the U.S. Federal Trade Commission (FTC) has also fought the deal, and has an argument scheduled before an appeals court on Dec. 6. The agency said on Friday that it remained focused on that appeal. "The FTC continues to believe this deal is a threat to competition." Reporting by Diane Bartz; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.
Persons: Andrew Kelly, Victoria Graham, Diane Bartz, Susan Fenton Organizations: Federal Trade Commission, Washington , D.C, REUTERS, Rights, U.S . Federal Trade Commission, Activision, Ubisoft, Ubisoft Entertainment, Microsoft, Thomson Locations: Washington ,, Britain, United States
"Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms," Microsoft Gaming CEO Phil Spencer said in a blog post . Microsoft has closed its $69 billion acquisition of video game publisher Activision Blizzard , according to a regulatory filing by the company Friday. Activision Blizzard CEO Bobby Kotick will stay on as CEO through the end of the year. Microsoft CEO Satya Nadella, who took the helm in 2014, is aiming to diversify the company's business beyond its core areas such as operating systems and productivity software. WATCH: Microsoft deal with Activision Blizzard set to clear final hurdle
Persons: Phil Spencer, Tony Hawk, It's, Bobby Kotick, Satya Nadella, pushback, Victoria Graham, Activision Blizzard Organizations: Activision, Blizzard, Microsoft, Markets Authority, Federal Trade Commission, European Commission, Markets, Economic, Activision Blizzard, Nintendo, Sony, Nvidia, San, U.S, Appeals, Circuit, Ubisoft, FTC Locations: U.S, San Francisco federal
Microsoft (MSFT) closed its landmark acquisition of Activision Blizzard (ATVI), according to a company regulatory filing Friday, furthering the Big Tech name's video game ambitions. However, this biggest video game deal ever was completed despite the Federal Trade Commission's (FTC) ongoing fight to block it. Activision reported $7.5 billion in revenue for the 2022 fiscal year, in comparison to Microsoft's $212 billion in sales for the same period. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Microsoft submitted a new proposal to U.K. regulators for the takeover of American game publisher Activision Blizzard after its initial proposal was rejected.
Persons: Victoria Graham, Jim Cramer, Jim, Tony Hawk, Jim Cramer's Organizations: Microsoft, Activision Blizzard, Big Tech, Activision, pushback, Markets, CMA, Ubisoft, Federal Trade Commission's, CNBC, FTC, Xbox, Nurphoto, Getty Locations: U.S, OpenAI
Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. The case is set to be heard 20 days after an appeals court rules on whether the deal may go forward. The FTC had fought the deal in district court but lost and appealed. "We have full confidence in our case and the deal's benefits to gamers and competition," a Microsoft spokesperson said by email. The FTC said in a statement it continued to believe that the deal was "a threat to competition" and so was putting the matter on its calendar.
Persons: Dado Ruvic, Victoria Graham, Diane Bartz, David Holmes, Richard Chang Organizations: Microsoft, Activision, REUTERS, Rights, U.S . Federal Trade Commission, FTC, Markets Authority, Ubisoft Entertainment, Thomson Locations: U.S, London
Total: 4