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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...

The Hugs In Horizon Forbidden West's DLC Are Actually A Huge Deal

11.5.2023
When Guerrilla Games debuted the new trailer for its Horizon Forbidden West DLC a few weeks back, it sent developers into a frenzy. Those in the know were astounded by the briefly glimpsed hug that Aloy shares with her friend Gildun. The rest of us were in the dark about why any of this was a...

Voyager Digital Provides Update on Reimbursement Plan for Creditors

6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...

India, Russia Mull Payment System Integration in Face of US Sanctions

2.5.2023
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart...

The Reason Regulators Blocked Microsoft's Activision Deal Makes No Sense

28.4.2023
The UK’s Competition and Markets Authority (CMA) potentially torpedoed the biggest tech acquisition in history this week and hardly anyone understands why. There are plenty of reasons to prevent a giant corporation from trying to buy huge competitive advantages just because it can flood the zone...

US Government in Talks to Rescue Struggling First Republic Bank, Sources Say

28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...

UK Blocks Microsoft Activision Deal Over Game Pass

26.4.2023
The UK’s Competition and Markets Authority (CMA) announced its decision to block Micorosft’s $69 billion acquisition of Activision Blizzard on Wednesday citing concerns it would hurt competition in the growing cloud gaming market where Microsoft dominates thanks to Game Pass. It’s a shocking turn...

Binance Abandons $1 Billion Voyager Deal, Blames Challenging US Regulations

26.4.2023
Binance.US has pulled out of the $1.3 billion deal to buy bankrupt crypto lender Voyager Digital, citing a "hostile" regulatory climate in the United States.  In a Tuesday tweet, the US arm of cryptocurrency exchange Binance revealed that it has exercised its right to terminate the asset purchase...

Binance US Pulls the Plug: Voyager Purchase Deal Falls Through

25.4.2023
According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash...

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