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Bloomberg Tech

Microsoft's Activision Deal and Meta's Threads

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 12 July 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde breaks down the latest on Microsoft's $69b deal for Activision as the companies get a new shot at winning over the UK on the acquisition. Plus, how Meta's Threads could add $8 billion dollars in revenue within the next two years.

 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. at Lutz Lo. I'm Caroline Heide in Bloomberg's world headquarters in New York.

0:56.8

Ed Ludlow, he's on assignment in Sun Valley.

0:59.0

This is Bloomberg Technology.

1:00.5

Coming up, we'll bring you the latest on Microsoft's $69 billion deal for Activision.

1:05.0

As companies, they get a new shot at winning over the UK on the acquisition.

1:09.0

Plus, we'll speak to one analyst who says Meta's threads,

1:12.0

well, it could add, what, $8 billion in revenue. speak to one analyst who says Meta's threads,

1:12.6

well it could add what, $8 billion in revenue per year

1:15.6

in the next couple of years, we'll discuss.

1:18.0

And the big four accounting firm, KPMG,

1:20.5

it partners with Microsoft for a multi billion dollar partnership to incorporate you

1:24.2

guessed it jurint of AI into its business we sit down with the KPMG CEO Paul Kram.

1:29.8

Over in the UK the antitrust watchdog has said that a new merger investigation into

1:35.2

Microsoft 69 billion Activision deal, when it may be needed if the duo restructure their

1:39.6

deal to try and reverse that previous UK veto.

1:42.6

For more, let's bring in Blingberg's Lea Nyanne,

...

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