Acquisition

The Stack: Microsoft-Activision Blocked in UK, Apple Wins Against Epic Games in Appeals Court

This week: UK regulator blocks Microsoft's acquisition of Activision Blizzard, Apple wins in appeals court against Epic Games...

The UK's CMA took the momentous decision this week to block Microsoft’s USD$68.7bn (~£55.1bn) purchase of Activision Blizzard over cloud gaming concerns. The move threw the acquisition into doubt and prompted Activision to state the nation was "closed for business". 

Also in gaming, we saw a US federal appeals court side with Apple in its legal spat with Epic Games, though critically app owners can now direct payment links outside of the App Store. Bye bye 30% commission? And, in social media, Facebook's online advertising system charged marketers for ads that no one saw due to a glitch that cane just weeks after a third round of staff cuts at Meta.

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Hannah Dillon

Hannah joined ExchangeWire as staff writer in 2022, having previously worked in marketing, communications, and social media. Hannah graduated from the University of Manchester with a BA in Drama and English Literature.

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