In this article MSFT ATVI Microsoft announced Tuesday it will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. Shares of Activision soared about 37% in pre-market trading before being halted after the Wall Street Journal first reported the deal. Microsoft shares fell more than 2% following the announcement Activision, which is
Microsoft has agreed a deal to buy the troubled Call of Duty and Candy Crush gaming firm Activision Blizzard for $68.7bn (£50.5bn). The all-cash takeover will give the Xbox maker a leap into the mobile gaming sphere and “play a key role in the development of metaverse platforms,” according to Microsoft boss Satya Nadella. The
The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. Jakub Porzycki | NurPhoto via Getty Images LONDON — The U.K. government says it will bring cryptocurrency ads under tighter scrutiny and crack down on
Boris Johnson has said “nobody told me” the Number 10 garden party during lockdown was “against the rules”. The prime minister said he “humbly apologises” to people for misjudgements that were made but he would not have gone ahead with the event if he thought it broke the rules. He said: “I’m saying categorically that
7:00 AM ET Six first basemen have attained nine-figure contracts in their 30s, and the results haven’t necessarily been great. The megadeals for Miguel Cabrera and Albert Pujols became problems almost immediately. So did the one for Ryan Howard. Deals for Jason Giambi and Carlos Lee started off well but fizzled in the back halves.
Ian King analyses the latest employment statistics with a chief economist at the Institute of Directors. He also looks at Christmas trading figures with the chief executive of Hotel Chocolat after the retailer saw a boost in sales over the festive period. Plus, hear from the founder of UK self-driving start-up, Wayve. The company’s raised
Oil prices have hit the highest level for more than seven years as worries about violence in the Middle East added to an already tight outlook for supply. Brent crude topped $88 a barrel in Tuesday trading, its highest level since October 2014 – creating a further potential headache for squeezed UK consumers if the
In this article SHOP-CA 9618-HK An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shopify has partnered with Chinese e-commerce giant JD.com to help U.S. merchants sell their goods in the world’s second-largest economy. The deal marks a significant step up in Shopify’s China expansion and is another step in
At Prime Minister’s Questions tomorrow, Labour’s grenade has already been prepared by Dominic Cummings. Who is telling the truth about the “socially distanced drinks” in May 2020, to which dozens of people were invited by Boris Johnson’s aide Martin Reynolds in an email? This is now shaping up as the key question in the “Partygate”
The British man who was shot dead after taking four people hostage at a synagogue in Texas had been on the radar of MI5, Sky News understands. The Security Service began looking into Malik Faisal Akram, 44, in the second half of 2020 to assess whether he posed a security threat, a Whitehall source said.
Around 2,000 small animals including hamsters will be culled after several of the rodents tested positive for COVID-19 at a pet store in Hong Kong. The city’s authorities announced the move after an employee in the pet shop tested positive for the Delta variant on Monday. Several hamsters imported from the Netherlands at the same
The government has won its Court of Appeal bid to overturn a High Court ruling that it broke the law by handing a COVID contract to a company whose founders were friends of Boris Johnson’s former chief aide Dominic Cummings. The Cabinet Office paid more than half a million pounds to market research firm Public
Former Real Madrid player and honorary president Francisco ‘Paco’ Gento has died at the age of 88, the club has confirmed. Gento won the European Cup six times while playing for the club – the only player in the history of football to have done so. He was also the honorary president of Real Madrid
This article was adapted for Mobility Weekly, our free weekly newsletter. Register for a subscription here. Industry leaders and household names continue to pile into the electrification movement. Electric vehicle and last-mile delivery company BrightDrop, a subsidiary of General Motors, kicked off 2022 with splashy new deals with Walmart and FedEx. On its way to building
Shares in the troubled online retailer and logistics specialist THG have suffered a fresh hit after it warned revenue growth is set to slow. The company, previously known as The Hut Group, also disclosed that profit margins would fall short of City expectations. THG, which sells beauty and nutrition brands as well as providing ecommerce
A bus driver who is 5ft tall is able to continue working after a union said she risked losing her job due to a dispute over her height. Unite the Union says Tracey Scholes, 57, has returned to work at the bus depot in Greater Manchester where she has been for 34 years, having been