Tue. 01/18 – Microsoft Buys Activision Blizzard In The Biggest Gaming Deal Of All Time

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Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 18 January 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Microsoft is buying Activision Blizzard in the biggest gaming acquisition of all time. Partially this is a metaverse play, but meanwhile, Meta is quietly locking down all the metaverse patents. Crypto.com halts withdrawals on its platform but insists it hasn’t been hacked. And why are countries encouraging their athletes to use burner phones when they attend the upcoming Olympics? Sponsors: Streak.com/techmeme EditorX.com Links: Microsoft to buy Activision in $68.7 billion all-cash deal (CNBC) Activision Blizzard Games Will Come To Xbox Game Pass As Part Of Acquisition (PureXbox) Facebook patents reveal how it intends to cash in on metaverse (Financial Times) Crypto.com Suffers Hack for At Least $15M in Ethereum (Decrypt) Samsung begins mass production of Exynos 2200 smartphone processor (ZDNet) Cross-country Exposure - Analysis of the MY2022 Olympics app (Citizenlab.ca) Olympic burner phones? Athletes warned about bringing personal devices to China for 2022 Beijing Games (USAToday) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Meme Right Home for Tuesday, January 18th, 2022. I'm Brian McCullough today.
0:09.0	Microsoft is buying Activision Blizzard and the biggest gaming acquisition of all time. is
0:15.0	quite quietly partially this is a Metaverse play but meanwhile
0:17.0	Meta is quietly locking down all of the Meta
0:20.0	Patents
0:21.0	crypto.com
0:22.0	halts withdrawals on its platform but insist it hasn't been hacked
0:25.6	and why are countries encouraging their athletes to use burner phones when they attend the
0:30.0	upcoming Olympics? Here's what you missed today in the world of tech.
0:37.0	Just an absolute blockbuster today. Microsoft this morning announced plans to acquire Activision Blizzard for 68.7 billion dollars in cash or $95 a share with the deal slated to close in the fiscal year 2023.
0:54.0	Apparently Activision Blizzard will be run independently until then.
0:57.8	Bobby Kotik will remain as the CEO,
1:00.8	but will report directly to Xbox head Phil Spencer. Now when I say this is a
1:05.6	blockbuster listen to these superlatives. It is Microsoft's biggest acquisition
1:10.8	ever and by quite a margin the previous record for Microsoft was the
1:14.4	26 billion dollar purchase of LinkedIn. It's also the largest acquisition in the
1:18.6	gaming industry full stop of all time. It's nearly 10 times the size of the Bethesda acquisition. It makes
1:26.0	Microsoft the third largest gaming company in the world by revenue after Tenson
1:31.0	and Sony. What does Microsoft get for all of this?
1:35.0	Oh, you know, they've just acquired Candy Crush,
1:38.0	Overwatch, Starcraft, Skylanders, and the Two Crown Jules, World of Warcraft and call of duty
1:45.2	quoting c. NBC. Activision which is known for popular games such as call of duty
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