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FTC Tries Blocking Microsoft, Activision's $69B Deal, Claiming It's Being Rushed
13.6.2023
Microsoft’s attempted $69 billion acquisition of Activision Blizzard has been in a kind of limbo due to scrutiny from various regulatory bodies here in the U.S. and in the UK, and today the tech company faces one more hurdle. The Federal Trade Commission has filed a request for both a restraining...
Microsoft Fined $20 Million For 'Illegally' Collecting Children's Information On Xbox
6.6.2023
The Federal Trade Commission just announced that Microsoft has been fined $20 million “over charges it illegally collected personal information from children who signed up for its Xbox gaming system without their parents’ consent”.Read more
Microsoft Activision Deal Might Not Be Dead After All, Approved In Europe
15.5.2023
Last month, regulators blocked Microsoft’s purchase of Activision Blizzard in the UK, seemingly spelling doom for the $69 billion deal. On May 15, however, European Union regulators announced it has been approved on the continent, giving the gaming companies some fresh momentum as they seek...
Oops: Microsoft Called FTC Unconstitutional, Regrets The Error
6.1.2023
Today, Microsoft filed a revised response to the United States Federal Trade Commission’s lawsuit intended to stop the tech giant from buying up Call of Duty publisher Activision. The initial filing contained multiple arguments claiming the FTC itself and its court system were unconstitutional....
Fortnite Fined $520 Million For Invading Kids’ Privacy And Tricking Players
19.12.2022
Epic Games will pay a whopping $520 million combined settlement after an Federal Trade Commission investigation found it invaded children’s privacy and tricked some players into buying stuff in Fortnite that they didn’t want. The FTC announced on Monday that it’s the largest penalty ever assessed...
Shots Fired At Facebook’s VR Monopoly
28.7.2022
It’s been a very bad year so far for Meta, the company formerly known as Facebook, in ways extremely unique to being one of the biggest tech companies in the world. Despite still making almost $7 billion in profit in recent months, TikTok is eating its lunch, the stock price is in shambles,...