For Microsoft (MSFT), the final hurdles in the U.S. regulatory process for the acquisition of videogame company Activision (ATVI) are swiftly being overcome. The FTC failed to obtain an emergency injunction from federal courts to block the merger, and now it seems that the agency may abandon its in-house legal proceedings. According to a filing on the FTC website on Thursday, … [Read more...] about Microsoft’s Acquisition of Activision Blizzard Nears Completion
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Google’s Dominance in Digital Advertising
Despite initial concerns about the threat posed by OpenAI's ChatGPT, Google has managed to maintain its dominance in the digital advertising market. Analysts believe that Google is well-prepared to compete against OpenAI, especially with the support of its major investor, Microsoft. Deutsche Bank analyst Benjamin Black notes that Google's incorporation of artificial … [Read more...] about Google’s Dominance in Digital Advertising
Microsoft to Cut Additional Jobs, Impacts Employees in Customer Service, Support, and Sales
Microsoft Corp. has announced further job cuts in addition to the 10,000 layoffs previously announced this year. The recent round of cuts, which primarily targets employees in customer service, support, and sales, was reported by GeekWire. While the precise number of layoffs remains undisclosed, a filing with Washington state's Employment Security Department confirmed that 276 … [Read more...] about Microsoft to Cut Additional Jobs, Impacts Employees in Customer Service, Support, and Sales
Federal Trade Commission Appeals Microsoft’s Acquisition of Activision Blizzard
The Federal Trade Commission (FTC) has filed a notice to appeal the court ruling permitting Microsoft's acquisition of Activision Blizzard. However, with time running out, it seems unlikely that the regulator will be able to halt the deal. The FTC submitted the filing late on Wednesday following a judge's decision earlier in the week that determined the merger would not … [Read more...] about Federal Trade Commission Appeals Microsoft’s Acquisition of Activision Blizzard
