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...While Microsoft stole headlines this year over its battle to complete its $75bn acquisition of Call of Duty maker Activision Blizzard, its Xbox hardware has been beaten into a distant third place behind...
...a hiatus of more than a year....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
...On Friday, Debra Crew, in charge only since June, had to admit that drinks group Diageo had an inventory problem in its fastest-growing region, Latin America and Caribbean (LAC)....
...Blizzard....
...Last month, the two companies submitted a new proposed merger agreement to the Competition and Markets Authority, designed to allay the watchdog’s concerns that the deal would harm competition....
...Read a transcript of this episode on FT.com...
...During a capital markets day several days later, chief executive Debra Crew, who took up the role last June, struggled to convince investors that the company’s problems were confined to the Latin American...
...Midnight Blizzard, the Russian state-sponsored group also known as Nobelium, gained access to a “very small percentage” of Microsoft employee email accounts in November, including some of its senior leaders...
...Debra O’Donnell, 53 a former pre-school teacher wearing a T-shirt saying “Jesus is my saviour, Trump is my president”, lamented high inflation and rampant immigration, and that the US was losing its “boundaries...
...This led to a slump in sales of more than 20 per cent in Latin America. Analysts were unimpressed by Diageo chief executive Debra Crew’s initial handling of the warning....
...Diageo boss Debra Crew has vowed to get the drinks business back on track after a “perfect storm” in Latin America and customers trading down to cheaper spirits in the US pushed down profits....
...The agency has also aggressively challenged large tech mergers and acquisitions, such as suing to block Microsoft’s $69bn acquisition of Activision Blizzard....
...Diageo’s new chief executive Debra Crew has taken up the position a month earlier than expected after the company said outgoing leader Sir Ivan Menezes was in hospital recovering from emergency surgery....
...Microsoft is among those cutting jobs, saying last month it would lay off around 1,900 staff, or about 8 per cent of its gaming workforce, including some at Activision Blizzard....
...The UK’s competition watchdog has extended the deadline for the $75bn Microsoft-Activision Blizzard combination by more than a month, after it received what it called a “detailed and complex submission from...
...Microsoft and Activision Blizzard have extended their $75bn merger agreement for three months, as they race to resolve regulatory concerns in the UK about its impact on the nascent market for cloud gaming...
...“Macroeconomic pressures have worsened and that caused lower consumption and really more consumer downtrading than what the team was expecting,” said chief executive Debra Crew, addressing the slump in Latin...
...Four months after closing its $75bn Activision Blizzard deal, Microsoft also said the first title from the portfolio of the Call of Duty creator would start appearing on its Game Pass subscription service...
...Docherty said the FSB’s Centre 18 unit led the operation, adding that the attacks targeting cross-party parliamentarians were carried out by Star Blizzard, a cyber group that the UK’s National Cyber Security...
...Marcus Hellyer, head of research at Strategic Analysis Australia, said the “blizzard of numbers” released by the defence department made clear that the Labor government would pay for the nuclear submarines...
...A US federal judge has put Microsoft’s $75bn acquisition of Activision Blizzard on hold as the Federal Trade Commission seeks to block the transaction....
...Activision’s board has authorised a 99 cent per share special dividend, a payout to investors totalling about $780mn....
...of Activision Blizzard, everyone is trying to figure out what sort of deal they can reach....
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