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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The lives of queer Arab-Australian boys and men are vividly inhabited in award-winning poet Omar Sakr’s darkly comic debut novel, set in Western Sydney. Continue reading at The Conversation
[ The Conversation | 2022-02-28 19:12:38 UTC ]
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The author of "The Family Chao" discusses her homage to "The Brothers Karamazov." Continue reading at The Washington Post
[ The Washington Post | 2022-01-29 12:00:36 UTC ]
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PC gaming Giant Take-Two has announced that it's making a big move into mobile gaming with the acquisition of Zynga for a total price of approximately $12.7 billion. Take-Two already owns Rockstar Games, Codemasters and 2K, producing games like Grand Theft Auto, Red Dead Redemption, Bioshock and... Continue reading at Engadget
[ Engadget | 2022-01-10 13:17:58 UTC ]
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In exceeding more than 500 million annual lends for the first time, OverDrive's 2021 figures suggest the pandemic has, as librarians have suggested, raised demand for digital content in public libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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The Association of American Publishers (AAP) has welcomed the decision by New York Governor Kathy Hochul to veto a bill that would have forced publishers and authors to grant e-book licences to libraries under state-imposed terms. Continue reading at The Bookseller
[ The Bookseller | 2021-12-31 06:31:54 UTC ]
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Booksellers Association managing director Meryl Halls says she is "enormously proud" of what booksellers have achieved this year but has raised concerns about "another unsettling stretch" with the emergence of the Omicron variant of Covid-19, concerns about inflation and continued issues with... Continue reading at The Bookseller
[ The Bookseller | 2021-12-23 04:11:09 UTC ]
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A law forcing publishers in the US and abroad to license e-books to the state's public libraries in the US state of Maryland is expected to come into effect as planned on 1st January 2022 after a court challenge was set for February. Continue reading at The Bookseller
[ The Bookseller | 2021-12-22 09:32:19 UTC ]
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bell hooks, the activist, author, groundbreaking intersectional feminist theorist, and professor, died on December 15 at her home in Berea, Ky. She was 69. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-20 05:00:00 UTC ]
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The author, educator and activist who was among the most influential feminist thinkers of her time has died. Continue reading at The Huffington Post
[ The Huffington Post | 2021-12-15 18:37:52 UTC ]
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She wrote more than 30 books, drawing on history, politics and her own life while examining race, class and gender in America. Continue reading at The Washington Post
[ The Washington Post | 2021-12-15 17:25:58 UTC ]
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The Department of Justice is aiming to begin court proceedings against Penguin Random House owner Bertelsmann on 1st August 2022, in a bid to block the publisher from acquiring Simon & Schuster in a $2.2bn deal. Continue reading at The Bookseller
[ The Bookseller | 2021-12-12 18:18:18 UTC ]
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University presses have had to adapt to the challenges brought on by Covid-19 and delays in the supply chain but many are making the most of new opportunities. Continue reading at The Bookseller
[ The Bookseller | 2021-11-26 19:13:57 UTC ]
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Penguin Random House chief Markus Dohle has said the publisher is sceptical of streaming platforms as a viable method to distribute audiobooks, following recent buyouts by audio firms. Continue reading at The Bookseller
[ The Bookseller | 2021-11-19 18:47:42 UTC ]
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The Association of American Publishers released its final report on 2020 industry sales today and the figures show another flat year, with sales down 0.2% compared to 2019, slipping to $25.71 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-08 04:00:00 UTC ]
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During the Follett and Baker & Taylor 2021 Virtual Publisher Summit—which convened on October 1 via Zoom for a second straight year—executives from B&T and parent company Follett offered a market overview of how their businesses have fared during the past year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-07 04:00:00 UTC ]
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The supply chain issues the industry is facing this holiday season and beyond were years in the making and while there are no quick fixes there are steps that can be taken, speakers at the webinar “Publishing Industry Supply Chain Challenges and Opportunities,” said. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-07 04:00:00 UTC ]
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The purchase of Meredith Corp.'s magazine publishing operations is expected to close by the end of the year. Continue reading at Advertising Age
[ Advertising Age | 2021-10-06 23:04:39 UTC ]
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Dotdash, the digital publisher owned by IAC, announced Wednesday evening that it has reached an agreement to acquire Meredith Corp., a holding company whose titles include iconic properties like People, Southern Living and Better Homes & Gardens. Dotdash will purchase Meredith at a price of... Continue reading at AdWeek
[ AdWeek | 2021-10-06 22:53:29 UTC ]
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It's fall, and new gadget season has officially begun! This week, Cherlynn and Devindra dive into all of Microsoft's new hardware: The Surface Laptop Studio, Pro 8 and Duo 2. Also, Commerce Editor Valentina Palladino joins to chat about the iPhone 13, 13 Mini and her iPad Mini review. And of... Continue reading at Engadget
[ Engadget | 2021-09-24 12:30:45 UTC ]
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“The Dark Remains” captures perfectly the voice of the late William McIlvanney, master of Tartan Noir. Continue reading at The Washington Post
[ The Washington Post | 2021-09-22 06:11:08 UTC ]
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