A securities filing by Activision Blizzard shows that the company is cooperating with federal investigations into trading by friends of its CEO shortly before its disclosure of its sale to Microsoft Corp. In an amended proxy filing with the SEC, Activision… Read More ›
In a significant development, the British police have arrested 7 people following a series of hacks by the Lapsus$ hacking group which targeted companies including Microsoft Corp and Okta Inc. The authentication services of San Francisco-based Okta Inc are used by… Read More ›
According to a source with knowledge of the discussion, Alphabet Inc’s Google is in talks to acquire cybersecurity firm Mandiant for an undisclosed amount. With the news reaching the market, Mandiant’s shares rose by 16%. Mandiant has a market capitalization of around $4.53… Read More ›
Alphabet Inc, Google’s parent company, is close in to join its peers, Microsoft Corp and Apple Inc in the elite $2 trillion market valuation club with the search engine giant’s shares surging more than 8% following a better than expected quarterly results…. Read More ›
Electronic Arts Inc has named Microsoft’s executive Chris Suh as its new chief financial officer. Suh, who is currently serving as corporate vice president and CFO of Microsoft’s Cloud + AI group, will replace Blake Jorgensen. Suh has been with Microsoft since… Read More ›
In a development that marks the latest consolidation that is sweeping the gaming sector, Sony Interactive Entertainment said, it has decided to acquire the original creator of the “Halo” videogame and developer of “Destiny”, Bungie Inc, in a deal valued at… Read More ›
According to a source familiar with the matter at hand, the US Federal Trade Commission (FTC) will conduct an antitrust review of Microsoft Corp’s proposed acquisition of Activision Blizzard Inc. The FTC will scrutinize the deal to see whether it will… Read More ›
A group of employees at Activision Blizzard studio have formed a union and are seeking its voluntary recognition. The union, supported by the Communications Workers of America, represents 34 people in the quality assurance department at Raven Software. In a… Read More ›
Microsoft Corp has agreed to acquire Activision Blizzard in a $68.7 billion deal marking the biggest ever acquisition in the gaming industry’s history to date underscoring the tech giant’s interest in increasing its footprint in the virtual gaming industry. The deal,… Read More ›
The European Commission is taking a closer look into Microsoft Corp’s $16 billion acquisition of transcription technology company Nuance Communications Inc and has asked customers and competitors to draw up a list of concerns. The outreach is the most extensive scrutiny by… Read More ›
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