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UK Regulator Has Change Of Heart On Microsoft-Activision Deal, 'Call Of Duty' Key To New Assessment

Benzinga

.'s Competition and Markets Authority (CMA) has provided an update on its ongoing assessment of Microsoft Corp 's (NASDAQ: MSFT ) proposed $68.7 billion acquisition of Activision Blizzard (NASDAQ: ATVI ).

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Activision Blizzard Acquisition Blocked By UK Regulator, Microsoft Says It Will Appeal: Gaming Experts Weigh In

Benzinga

's (NASDAQ: MSFT ) $68.7 ";We remain fully committed to this acquisition and will appeal. The CMA’s decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom," Smith wrote. NASDAQ: ATVI ). Here's our statement.

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Coinbase Discloses Restructuring Plan Amid Macro Headwinds, Pfizer Rebuts Generic Version Of COVID-19 Oral Treatment In China, Microsoft Mulls $10B Investment In ChatGPT Owner: Today's Top Stories

Benzinga

Microsoft Corporation (NASDAQ: MSFT ) is reportedly negotiating a $10 billion investment in OpenAI — ChatGPT's large language chatbot owner. The funding, supported by other venture firms, would value OpenAI at $29 billion, people familiar with the matter told the news website Semafor.