UK competition watchdog says Microsoft’s Activision merger ‘could harm’ gamers

UK competition watchdog says Microsoft’s Activision merger ‘could harm’ gamers

The UK’s competition authority has found that Microsoft’s proposed $69 billion acquisition of Activision Blizzard could result in a “substantial lessening of competition in gaming consoles” and “could harm UK gamers.” In a provisional finding, the Competition Markets Authority (CMA) said that Activision may need to be split up into separate businesses for the merger … Read more

Zoom is laying off around 1,300 workers

Zoom is laying off around 1,300 workers

You can add Zoom to the long list of major tech companies that have laid off employees in recent times. It’s letting go around 1,300 employees, which equates to 15 percent of the workforce. In a note to staff, CEO Eric Yuan indicated that the company expanded its headcount too quickly after Zoom’s pandemic-driven boom … Read more

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