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 ]
News tagged with: #tech giant #significant milestone #days ahead #review process #federal court #worst-case scenario #short term #lulu

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Microsoft’s TikTok deal: bargain of the decade or a $50bn blunder?

Jury is out on whether video-sharing site could make Microsoft a social media giantAs the clock ticks on Microsoft’s fast-track talks to buy TikTok the jury is out on whether it marks a unique opportunity to become a global social media giant overnight, or a $50bn (£38bn) geopolitically fuelled... Continue reading at The Guardian

[ The Guardian | 2020-08-10 14:21:38 UTC ]
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Kathleen Duey, a Mentoring Children’s Book Author, Dies at 69

A prolific writer, she published more than 75 books, including a Best Seller and a National Book Award finalist, all while encouraging aspiring authors. Continue reading at The New York Times

[ The New York Times | 2020-08-05 21:52:08 UTC ]
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The logistical and ethical challenges of sports reporters’ restart

In mid-March, Major League Baseball, the National Basketball Association, the National Hockey League, and Major League Soccer issued a joint statement: members of the media would henceforth be barred from locker rooms and clubhouses, to help prevent the spread of the coronavirus. The leagues... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-07-28 12:21:27 UTC ]
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4A's challenges Nielsen on out-of-home ratings decision

Trade group calls for the measurement giant to propose an alternative method to reporting viewing metrics. Continue reading at Advertising Age

[ Advertising Age | 2020-07-20 13:00:00 UTC ]
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Freedom of expression is complex, challenging - and crucial

It feels as if we’re at a critical moment regarding discussion of free expression in the UK and the US. #cancelculture has been trending on Twitter; a letter signed by major literary figures warns of ‘rising censoriousness’; individuals are being stripped of titles and posts. With so much... Continue reading at The Bookseller

[ The Bookseller | 2020-07-15 10:13:11 UTC ]
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2019 North American Comics Sales Hit Record $1.21 Billion

Combined sales of graphic novels and periodical comics in the U.S. and Canada hit their highest point yet in 2019, according to a joint estimate produced by trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-13 04:00:00 UTC ]
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Black journalists face challenges that stem from systemic racism

The fallout from recent protests over the killings of George Floyd, Ahmaud Arbery, and Breonna Taylor have reignited long-standing concerns on the part of many Black journalists about their roles in the newsrooms they work in, and the value they are given (or not given) by the media companies... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-07-09 11:50:34 UTC ]
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Canada Could Be Next in Challenging Google to Pay Publishers | News & Notes

In April, French regulators ordered Google to help develop a system to reward the country's news outlets with licensing fees when portions of their stories are displayed on the tech giant's news tab or in its search results. The decision was hailed as a triumph for publishers by those favoring... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-08 17:40:51 UTC ]
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Humble Bundle Rises to New Challenges

The platform, which sells DRM-free digital content and gives some of the proceeds to nonprofits, has helped raise $450,000 for indie booksellers and comics retailers since the start of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
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Trade challenged to reach out beyond white, middle-class 'Susans'

Long-held assumptions held by the trade about writers of colour must be challenged and a concerted effort made to reach new and diverse audiences, the industry heard tuning into a webinar launching the Rethinking ‘Diversity’ in Publishing report.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-23 18:37:47 UTC ]
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Printers relieved over Covid-19 bounceback but warn of autumn challenge

UK printing firms say the impact of Covid-19 on their business has not been as large as first feared but they have warned of further challenges as publishers gear up for a big autumn. Continue reading at The Bookseller

[ The Bookseller | 2020-06-08 17:51:52 UTC ]
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Writers of the past turned suffering into literary masterpieces. They might help us understand how to meet the challenges of our day.

Authors have always tried to turn their sorrow and confusion into enduring monuments of beauty among the ruins. Continue reading at The Washington Post

[ The Washington Post | 2020-06-03 13:00:00 UTC ]
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Coronavirus Worklife: OUP’s Nigel Portwood on ‘Weathering the Challenges’

An international publisher, Oxford University Press is 'managing employees and navigating markets at different stages with the crisis,' says Nigel Portwood. The post Coronavirus Worklife: OUP’s Nigel Portwood on ‘Weathering the Challenges’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-29 16:13:34 UTC ]
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New Tech, Fewer Reporters: Challenges Facing South Asian Newsrooms Post-COVID

Editors from several South Asian news publishers including The Quint (India), The Hindu (India), Times of India (India) and The Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-26 18:00:38 UTC ]
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Commission Reps See Challenges Ahead—As Well As Opportunities

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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As Canadian Bookstores Reopen, Challenges Await

Indigo has reopened less than 10% of its bookstores across Canada and will close 15 outlets permanently this summer. In Winnipeg, McNally Robinson says customers are returning, but sales are still down 60% from last year. 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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