News Snapshot:
What you need to know Microsoft is attempting to purchase Activision Blizzard for $69 billion dollars. Activision Blizzard makes popular games like Candy Crush, Call of Duty, and World of Warcraft. Despite some regulatory jitters, Microsoft would still be far from overtaking its primary gaming competitors such as Sony's PlayStation and Chinese tech giant Tencent. Nadella also discussed Microsoft's approach to the weakening economy amidst growing inflation. Microsoft is working to acquire Activision-Blizzard for its Xbox gaming division. The deal is valued at around $69 billion dollars, and would provide a large profit for current shareholders, given that the valuation...
