Image: NurPhoto (Getty Images) Politico are reporting that, “according to three people with knowledge of the matter”, the Federal Trade Commission is “likely to file an antitrust lawsuit to block Microsoft’s $69 billion takeover of video game giant Activision Blizzard”. The FTC, emboldened by their recent success in stopping the merger of book publishers Penguin … Read more
Image: Ubisoft Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed editor, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest shareholder. Its plan for achieving that? Pay double what … Read more
Image: Within It’s been a very bad year so far for Meta, the company formerly known as Facebook, in ways extremely unique to being one of the biggest tech companies in the world. Despite still making almost $7 billion in profit in recent months, TikTok is eating its lunch, the stock price is in shambles, … Read more