The FTC is challenging Microsoft’s $69 billion buyout of Activision again

Just when Microsoft's buyout of Activision seemed to finally be near complete, the Federal Trade Commission said it will revive its attempt to block the $69 billion deal in an adjudicative process. The FTC plans to restart its in-house trial against Microsoft’s multibillion-dollar acquisition of the Call of Duty maker. This effort by the FTC is unlikely to be anything more than a nuisance for Microsoft. It already received EU approval over the summer when the European Commission endorsed the deal as long as the tech giant could ensure “full compliance with commitments.” And more recently, the UK's Competition and Markets Authority issued a preliminary approval of the merger. Activision Blizzard CEO Bobby Kotick called it “a significant milestone for the merger” in a statement and said he remains optimistic that the deal will complete soon. The CMA's consultation on Microsoft's proposed changes is expected to be complete by October 6, just days ahead of the October 18 deadline for the CMA’s review process. Normally, the FTC typically drops its challenges to deals when efforts are lost in federal court and despite the agency’s effort, this move will not delay the deal from going through. The likely worst-case scenario for Microsoft would be divestiture. Being forced to sell Activision or parts of it after the fact would not be ideal, but at least short term there seems to be little chance of the FTC derailing things. The agency’s failed attempt to... Continue reading at 'Engadget'

[ Engadget | 2023-09-28 16:28:44 UTC ]
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As stores slowly reopen, commisson reps see a host of issues they will need to navigate to have a successful second half of 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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Sheltering: Mikel Jollett Challenges the Memoir Form

On this episode of Sheltering, Maris Kreizman speaks with Mikel Jollett about his memoir, Hollywood Park. Hollywood Park is about Jollett’s experience growing up in a cult, and his escape and fallout from the childhood trauma he experienced. He talks about believing his life was normal as a... Continue reading at Literrary Hub

[ Literrary Hub | 2020-05-08 19:00:54 UTC ]
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Instagram’s story: Fast growth, a $1 billion sale and Facebook’s broken pledge

Sarah Frier traces the company’s cultural impact along with its business history. Continue reading at The Washington Post

[ The Washington Post | 2020-04-30 15:32:33 UTC ]
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The ALA’s 2019 list of most frequently challenged books is as disheartening as ever.

The American Library Association has released its annual list of the most frequently challenged books, and while Harry Potter (and the Order of the Godless Friends) and The Handmaid’s Tale (hold on now, you’re saying this is a dys-topia?) managed to squeak into the top ten, the other eight on... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-20 13:59:19 UTC ]
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Diane Keaton and Ronan Farrow show the challenges of narrating your own audiobook

Some writers make their books sing. Others, not so much. Here are titles to savor — and to avoid. Continue reading at The Washington Post

[ The Washington Post | 2020-04-14 13:00:00 UTC ]
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Digital offering being prepared for Summer Reading Challenge

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[ The Bookseller | 2020-04-02 12:08:57 UTC ]
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Challenger Brands Have More Options as Demand for Digital Content in the Tech Age Grows

The U.S. Chamber of Commerce, the leading cheerleader for American business owners large and small, remains hopeful that U.S. businesses will emerge from the coronavirus crisis battered and bruised, but not broken. "It's too early to determine the long-term impact on supply chains,... Continue reading at AdWeek

[ AdWeek | 2020-03-27 14:55:42 UTC ]
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The Bookseller survey: staff experiences of working through the coronavirus challenge

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[ The Bookseller | 2020-03-24 12:47:26 UTC ]
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Independent bookstores survived the rise of online retail. Coronavirus poses bigger challenges.

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[ The Washington Post | 2020-03-17 15:49:08 UTC ]
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Egmont group reports 'good year' but prepares for 'challenging' 2020

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[ The Bookseller | 2020-03-13 10:30:18 UTC ]
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[ Publishers Weekly | 2020-02-24 05:00:00 UTC ]
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A Bookseller Reading Challenge for 2020 (shelftalker)

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[ Publishers Weekly | 2020-01-01 13:00:01 UTC ]
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[ The Bookseller | 2019-12-26 15:47:15 UTC ]
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[ Publishing Perspectives | 2019-12-06 13:30:09 UTC ]
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Participation in Summer Reading Challenge up 2.6%

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[ The Bookseller | 2019-11-22 10:29:12 UTC ]
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[ The Washington Post | 2019-11-22 01:40:20 UTC ]
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[ Book Riot | 2019-11-01 10:32:08 UTC ]
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[ Fast Company | 2019-10-30 07:00:43 UTC ]
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Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

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[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
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Facebook’s Nada Stirratt on the evolution of storytelling and how it helped raise $2 billion for charity

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[ Advertising Age | 2019-10-02 21:00:00 UTC ]
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