Microsoft Rejigs Activision Deal To Win Over U.K. Regulator
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 22 August 2023
⏱️ 15 minutes
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| 0:00.0 | We are drowning in plastic. |
| 0:03.0 | But what if instead of throwing it away, we could make old plastics into something useful? |
| 0:08.0 | How, you ask? |
| 0:10.0 | Check out the future of everything podcast from the Wall Street Journal. |
| 0:20.0 | Chip Designer Arm tees up the year's hottest IPO. |
| 0:25.0 | Plus, Microsoft revises its Activision Takeover Plan in a bid to win backing from UK regulators. |
| 0:31.0 | And the US solar industry finds willing hosts above your storage unit. |
| 0:36.0 | It really takes a lot of space to get to the utility-scale generation and self-storage facilities, |
| 0:41.0 | which are, of course, all over America and have huge empty rooftops. |
| 0:44.0 | So they generate enough power for their own needs and then to send back to the grid. |
| 0:48.0 | It's Tuesday, August 22nd. |
| 0:50.0 | I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News, |
| 0:55.0 | the top headlines and business stories moving your world today. |
| 1:04.0 | And we begin with Big Tech, because Microsoft is once again attempting to buy video game maker Activision Blizzard. |
| 1:11.0 | According to a Microsoft blog post, a new deal proposal has been sent to UK regulators |
| 1:17.0 | that includes the transfer of cloud streaming rights for current and future Activision Blizzard games |
| 1:22.0 | to publisher Ubisoft Entertainment. |
| 1:25.0 | The UK's Competition Authority, which rejected the acquisition earlier this year, |
| 1:30.0 | said today it was reviewing the proposal and set an October deadline for a response. |
| 1:36.0 | Microsoft has now spent more than a year and a half trying to convince Competition Authorities around the world |
| 1:42.0 | to accept the $75 billion Activision Deal. |
| 1:46.0 | Investors are also dissecting chip designer arms plans for an initial public offering |
... |
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